ISI projects connect to global supply chains, transition to high-value activities and position partners to become global market leaders. Like other streams of the Strategic Innovation Fund, Stream 5 provides up to 50% of eligible project costs with conditionally repayable contributions starting at $10 million. In the coming weeks we will post information about how to connect to the meeting. Technology areas where Canadian firms exist at a significant scale and where key Canadian leaders (in SMEs, large corporations, and academia) are working together. Private sector partners should provide demonstrated leadership to achieve the proposal's objectives, and be involved in industrial research projects with ecosystem partners. November 17, 2020 | 1:00 p.m. SGC will host the meeting remotely, offering online and telephone options. In recognition of the need for strong collaboration to develop and build the technologies of the future, the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, announced an investment of up to $49 million under the Strategic Innovation Fund—National Ecosystems in the Aerospace Industries Association of Canada. “Mentor Works helped us identify funding programs we were eligible for, explained how the application/submission/claims process works, and provided strategic direction on programs to apply for.

Information about your organization and key partners; A description of your proposal and its impact on the ecosystem; A description of the anticipated benefits of your proposal; A funding table outlining other support regarding your proposal; and. Proposals that include early stage technologies, without either a clear pathway to commercialization, national impact or a strong, demonstrated Canadian advantage, would not be considered a good fit for Stream 5. Wendy Therrien RELATED: Minister Navdeep Bains reveals federal government’s Digital Charter. SIF is currently a $2.31-billion program designed to attract business investments by encouraging R&D to accelerate the technology transfer and commercialization of innovative products, processes and services. The objective of this new stream is to foster collaboration between multiple organizations, including: SMEs, incubators/accelerators, academic and research institutions, and large corporations, in order to accelerate commercialization in areas with demonstrated Canadian advantage. You will not receive a reply. He is passionate about Canadian business, economics, and politics. Global companies invest in Canada’s world-class aerospace and space industries because they are internationally recognized, export-oriented and innovation-driven. Specific amounts and number of contributions will depend on the nature and scale of the applications received. To learn more, please visit the Innovation Superclusters Initiative's website. Stream 5 Lead Applicants must be a company incorporated in Canada or a non-profit organization incorporated in Canada. Since SIF is a business innovation program, collaboration with both SMEs and large corporations is critical to success. Target sectors should have both domestic growth and export potential. The Strategic Innovation Fund (SIF) is a suite of Canadian government funding programs designed to help businesses drive investments into cutting-edge technologies. “Our government is investing in national innovation ecosystems that are bringing together Canada’s best companies, researchers and incubators,” said Navdeep Bains, Minister of Innovation, Science and Economic Development. Ecosystem will conduct research, accelerate the commercialization of products and create highly skilled jobs. Supported proposals must leverage significant private sector co-investment and have a clear objective and/or a path to post-proposal sustainability.
As part of his efforts to promote Canada as an investment destination for global companies, Minister Bains met with leaders from national and international aerospace and space companies, highlighting the Government’s commitment to the aerospace and space industries through the Innovation and Skills Plan, a multi-year strategy to create well-paying jobs for the middle class. The objective of this initiative is to advance industrial research, development and technology demonstration through collaboration between the private sector, researchers and non-profit organizations.

SIF Stream 5 and the Innovation Superclusters Initiative (ISI) support business innovation through high-impact collaborations between SMEs, large corporations, academic and research institutions, and non-profit organizations to accelerate commercialization and economic growth. 103-62) and the GPRA Modernization Act of 2010 (P.L. Proposals should target technology areas where Canadian firms exist at a significant scale, where key Canadian leaders are involved, and where Canada has strategic assets that can be commercialized. ... National Ecosystems (Stream 5) This initiative will support large-scale national ecosystems through high impact collaborations between small, medium and large corporations, academic and research institutions, and not-for-profit organization to support Canadian innovation ecosystems. Universities Canada There are no submission deadlines for this stream. This includes the launch of a fourth funding stream, Research Consortiums and Networks and more recently, the launch of a fifth stream called “National Ecosystems.” Unlike SIF’s fourth stream, which typically supports targeted calls for proposals, SIF’s fifth stream supports a wide range of collaborative technology development partnerships led by Canadian businesses and non-profits. As Marketing Coordinator for Mentor Works, Jeff educates business leaders about proactive funding strategies. The Strategic Innovation Fund is a new approach to supporting business innovation, and investments across the country and in all economic sectors. Behind these industries’ successes are the talents of a highly skilled workforce and a commitment by the Government of Canada to continuously improve their competitiveness. For enquiries, contact us. All the projects we’ve applied for with Mentor Works have had a positive outcome, so they have really helped grow our business.”. The application process consists of two steps: Statement of Interest (SOI): Applicants will be required to submit a high-level overview of their project as well as anticipated costs. The government has stated that the fund is not restricted to certain sectors and that it hopes that successful projects will result in the commercialization of new and improved products, processes or services, more research and development, and more highly skilled jobs. Demonstrated private sector leadership that will be leveraged to achieve the proposal's objectives. Target sectors should have both domestic growth and export potential. Innovation, Science and Economic Development Canada, ic.sifintegrationteam-equipe integration-fsi.ic@canada.ca, ic.sifintegrationteam-equipeintegration-fsi.ic@canada.ca. Contact Us The Lead Applicant is either a not-for-profit organization incorporated in Canada or a for-profit corporation incorporated in Canada, in collaboration with Canadian universities, colleges, research institutes, for-profit corporations (including SMEs) and/or not-for-profit entities.

It will support large-scale initiatives that create high-impact collaborations to support Canadian innovation ecosystems. The fourth and final Strategic Innovation Fund stream supports collaborative research, including activities related to the discovery or demonstration of new knowledge. A simpler, more flexible tool to grow Canada's economy. SIF is currently a $2.31-billion program designed to attract business investments by encouraging R&D to accelerate the technology transfer and commercialization of innovative products, processes and services. A new stream of the Strategic Innovation Fund (SIF), Stream 5: National Ecosystems, provides a new approach to enable disruptive innovation and growth of key sectors in Canada. hbspt.cta.load(2553325, '0c9a1e21-673c-4290-b9dd-b1283a7f28d6', {}); Jeff holds an Honours Bachelor of Business Administration at the University of Guelph. It also added $800 million in the 2018 Fall Economic Update and an additional $200 million total in Budget 2019 for cleantech and innovation in food processing.
“Together, we will build on our many strengths to accelerate commercialization, develop new technologies, scale up businesses and create more jobs right across the country.”. The Lead Applicant will be responsible for submitting an application to SIF on behalf of the ecosystem, managing the Ecosystem's projects, submitting claims, receiving the Government contribution, and reporting on results. Halifax, Nova Scotia, Canada B3H 4R2 This initiative will support large-scale national ecosystems through high impact collaborations between small, medium and large corporations, academic and research institutions, and not-for-profit organization to support Canadian innovation ecosystems. The Strategic Innovation Fund (SIF) supports Canada as a top destination for businesses to invest through five Streams:. Successful proposals should target technology areas where Canadian firms exist at a significant scale, where key Canadian leaders are involved, and where Canada has strategic assets that can be commercialized. SIF was created to support business investments in Canada. Significant private sector involvement in the delivery of services within the ecosystem, such as mentoring and networking events.


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