Up to $250,000,000 financial support to encourage R&D, growth and expansion acrosss multiple industries
Strategic Innovation Fund (SIF - Stream 2)
Type of Funding
Grant
Max Funding
250,000,000.00
Region
Federal/National
Application Difficuty
Complex
Processing Time
Slow (A few months)
Province
All Of Canada
Industry
N/A
Funding Goals
Develop the local economy and infrastructure.
Grow and expand your business.
RnD/Innovation/Develop a product or service.
Grow and expand your business.
RnD/Innovation/Develop a product or service.
Demographic
N/A
Incorporated
Yes
Contact
ISED-ISDE@canada.ca
(613) 954-5031
Apply For A Loan
Business location – Canada
Monthly Revenue – $10K +
Time in Business – 6 months +
Funds in 24 hours
$10,000 to $800,000
Details
Program aimed to encourage R&D, assist growth and expansion of firms in Canada and help attract investors.
Eligibility
For-profit corporation-small, medium or large-sized-incorporated pursuant to the laws of Canada and proposing to carry on business in Canada.
Similar funding programs
Grant
Financial assistance for Canadian companies looking to accelerate the adoption and commercialization of AI for supply chains.
Max Funding N/A
AI-Powered Supply Chains Supercluster (SCALE.AI)
Grant
Loan
Loan
Financial assistance for businesses with revenues over $50 million to conduct sustainable technologies, energy, infrastructure, and extractive industries projects on a global scale to benefit Canada.
Max Funding N/A
Government of Canada, Export Development Canada - Structured and Project Finance
Grant
Financial support for Manitoba First Nation individuals or First Nation-based enterprises to cover up to 75% of the costs of business plan development.
Max Funding $20,000.00
First Peoples Economic Growth Fund - Business Plan Assistance