Since its launch in 2017, the Strategic Innovation Fund (SIF) has supported collaboration between businesses, research institutions and non-profit organizations to drive growth in key emerging technology sectors. It funds business-led projects in areas where Canada has an economic advantage, such as cleantech, life sciences, agriculture/agri-food, mining and aerospace. Over the years, SIF networks have supported over 750 small and medium-sized enterprises (SME) that have created over 1,200 jobs and attracted over $1.7 billion in investment.
Quick facts
- SIF has contributed nearly $1.1 billion to support 14 networks in key emerging technology sectors, which have in turn funded over 750 small and medium-sized enterprises through nearly 650 collaborative projects. These networks, listed below, have leveraged over $1.7 billion in additional funding from the private sector and other sources, attracted over 17,000 members to their respective innovation ecosystems and created over 1,200 jobs:
- Conscience Open Science Drug Discovery (OSDD) Network
- Centre of Excellence in Next Generation Networks (CENGN)
- Fabrication of Integrated Components for the Internet’s Edge (FABrIC)
- Canadian Medical Isotope Ecosystem (CMIE)
- Initiative for Sustainable Aviation Technology (INSAT)
- envisAGE
- Natural Products Canada (NPC)
- Mining Innovation Commercialization Accelerator (MICA)
- Clean Resource Innovation Network (CRIN)
- Canadian Agri-Food Automation and Intelligence Network (CAAIN)
- Canadian Food Innovation Network (CFIN)
- Digital Health and Discovery Platform (DHDP)
- INOVAIT
- Evolution of Networked Services through a Corridor in Quebec and Ontario for Research and Innovation (ENCQOR)
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