The Strategic Innovation Fund (SIF) is the program of Innovation, Science and Economic Development Canada designed to support the "Canadian innovation ecosystem," which includes providing "funding to innovative sectors" such as "advanced manufacturing, agri-food, clean technology, clean resources, digital industries, and health and biosciences." The SIF covers all sectors of the Canadian economy and is available to both for-profit and not-for profit organizations.
It supports those large-scale projects that help position Canada's interests in the global knowledge-based economy, promoting the long-term competitiveness of Canadian industries, clean growth, and the "advancement of Canada's strategic technological advantage." With a single, streamlined fund, it provides businesses with access to a simpler application process, more timely processing, and responsive assistance.
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