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GRANTAll of Canada

Strategic Innovation Fund (SIF)

Administered by Government of Canada · Last verified: July 2026

Federal program for large innovation projects: R&D, expansion, technology adoption, attraction of investment, and ecosystem support. Targets projects with at least $20M in eligible costs, but smaller streams exist.

See if I qualifyOfficial page
Estimated value
Project-by-project, typically $10M to $100M+
Approval likelihood
Low
Readiness
Mostly ready
Documents needed
4

Eligibility

  • Business types:Incorporated
  • Industries:Technology & Software, Manufacturing, Creative & Media
  • Provinces:All of Canada
  • Team size:21+ people
  • Revenue:$2,000,000+
  • Requires R&D activity

What you'll need

  • Detailed project proposal and budget
  • Financial statements (last 3 years)
  • Business plan with growth projections
  • Letters of support from partners

How to apply

  1. 1Contact Innovation, Science and Economic Development Canada (ISED)
  2. 2Submit a Statement of Interest to gauge fit
  3. 3Prepare a full application with financials and milestones
  4. 4Negotiate contribution agreement
After you apply

Review times vary by program, from a few weeks to a few months, so check the official page for its timeline. Grant money is usually paid after you sign a funding agreement, and cost-shared programs often reimburse you once you send proof of what you spent.

Deadline:Rolling: contact program officer first

Is your business a fit for Strategic Innovation Fund (SIF)?

Take the 3-minute quiz to find out, and see every other Canadian program you qualify for at the same time.

Check my eligibility

Common questions

Who is eligible for Strategic Innovation Fund (SIF)?

Strategic Innovation Fund (SIF) is generally open to incorporated businesses, in any province or territory, in Technology & Software, Manufacturing, Creative & Media, with at least 21 employees, that carry out research and development. Confirm the full criteria on the official program page before applying.

How much is Strategic Innovation Fund (SIF) worth?

The estimated value is Project-by-project, typically $10M to $100M+. The actual amount depends on your eligible costs, the program's budget, and approval.

How do I apply for Strategic Innovation Fund (SIF)?

1. Contact Innovation, Science and Economic Development Canada (ISED) 2. Submit a Statement of Interest to gauge fit 3. Prepare a full application with financials and milestones 4. Negotiate contribution agreement

What is the deadline for Strategic Innovation Fund (SIF)?

Rolling: contact program officer first.

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Clean Fuels Fund

Up to 30% of eligible capital costs, ceilings vary

Find more funding like this

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A monthly digest

New programs, in your inbox.

Drop your email and we will send new programs, changed caps, and closing deadlines when the first digest goes out. Easy unsubscribe.

Deductly CA

The grants, tax credits, and deductions your business likely qualifies for. Ranked by fit, tied to official sources.

See what you’re owed
Product
  • Eligibility quiz
  • Website scan
  • All programs
  • Compare programs
  • Watch (live changes)
  • The funding journey
  • When to apply
  • Stackability map
  • Document checklist
  • Calculators
  • Tracker
  • Learn
  • Pricing
Resources
  • For accountants
  • Data quality
  • Public API
  • RSS feed
  • What's new
  • Roadmap
  • Press
  • vs ChatGPT
  • vs Benefits Finder
By province
  • Ontario
  • British Columbia
  • Alberta
  • Quebec
  • Manitoba
  • Saskatchewan
  • All provinces
By industry
  • Technology & Software
  • Manufacturing
  • Retail & E-commerce
  • Food & Beverage
  • Professional Services
  • Creative & Media
  • All industries
For
Women entrepreneursNewcomersIndigenous businessYouth foundersBlack entrepreneursFirst-hire employers
Recent guides
Deductions · 8 min

Every deduction Canadian small businesses miss

Grants · 10 min

8 grants every Canadian business owner should know about

Deductions · 7 min

The Small Business Deduction, fully explained

© 2026 DeductlyPrivacyTermsAboutFrançaisContact
System status

Deductly is a discovery tool, not a tax filer. Information is provided for educational purposes. Always confirm program details and eligibility with a qualified Canadian accountant before applying or claiming any benefit.