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GRANTAll of Canada

Strategic Innovation Fund (SIF)

Last verified: June 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
Ready to apply score
60/100
Documents needed
4

Eligibility

  • Business types:incorporated
  • Industries:Technology & Software, Manufacturing, Creative & Media
  • Provinces:All of Canada
  • Min employees:21
  • Min 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
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

Related programs

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Clean Growth Hub Programs

Varies by underlying program

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Indigenous Tourism Association of Canada Grants

Up to $25,000 per stream

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Clean Fuels Fund

Up to 30% of eligible capital costs, ceilings vary

A monthly digest

New programs, in your inbox.

We are in beta. Drop your email and we will write when the first digest is ready. Monthly cadence, easy unsubscribe.

Deductly CA

Every Canadian grant, tax credit, and deduction your business qualifies for. In one ranked list.

Start the assessment
Product
  • Eligibility quiz
  • All programs
  • Watch (live changes)
  • The funding journey
  • When to apply
  • Stackability map
  • Document checklist
  • Calculators
  • Tracker
  • Learn
  • Pricing
Resources
  • For accountants
  • Public API
  • RSS feed
  • What's new
  • Roadmap
  • Press
  • vs ChatGPT
  • vs Benefits Finder
By province
  • Ontario
  • British Columbia
  • Alberta
  • Quebec
  • Manitoba
  • Saskatchewan
By industry
  • Technology & Software
  • Manufacturing
  • Retail & E-commerce
  • Food & Beverage
  • Professional Services
  • Creative & Media
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 founder should know about

Deductions · 7 min

The Small Business Deduction, fully explained

© 2026 DeductlyPrivacyTermsAboutFrançaisContact
All systems operational

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.