How do I apply for SIF — Business Innovation and Growth projects?

Visit Government of Canada, Innovation, Science and Economic Development Canada's website for application instructions.

Who administers SIF — Business Innovation and Growth projects?

This program is administered by Government of Canada, Innovation, Science and Economic Development Canada.

Are there similar programs to SIF — Business Innovation and Growth projects?

Yes! Canada Grants Database has similar programs in the Research & Innovation Partnerships category. Browse our database to find more options that match your needs.

How can I improve my chances of getting approved for SIF — Business Innovation and Growth projects?

Our detailed breakdown covers step-by-step application instructions, required document checklists, and eligible expense breakdowns so you know exactly what to prepare before applying.

SIF — Business Innovation and Growth projects

Government of Canada, Innovation, Science and Economic Development Canada

🔬 Research & Innovation Partnerships🍁 National🔬 Research💼 Commercialization📈 Growth

Funding for business innovation and growth projects

Funding

Contact for details

Deadline

Oct 22, 2025

Status

Check website

What Is This Program?

Receive contributions for activities related to business innovation and growth projects such as R&D and commercialization, firm expansion and growth, and investment attraction and reinvestment.

🏆 Detailed Application Guide

Preview of what's included with full access:

📋What Are the Application Steps & Timeline?

📝Steps to Apply: Understand project category
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🌐Application Portal: https://ised-isde.canada.ca/site/ised/en/programs-and-initiatives/strategic-response-fund/how-apply
📤Submission Method: online
🔄Intake Type: rolling

📄What Documents Are Required?

✅Required Documents: Contribution Agreement
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📎Optional Documents: Letters of support from partners
📐Format Requirements: PDF only, max 10MB
✉️Supporting Letters: Letters of support may be required from partners or stakeholders involved in the project.

💰What Expenses Are Eligible?

🧾Eligible Expenses: direct labour costs
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🚫Ineligible Expenses: advertising (except reasonable advertising of an industrial or institutional character)
allowance for interest on invested capital
amortization of unrealized appreciation of assets
compensation for officers and employees that is unreasonable
depreciation of assets
donations
dues and other memberships (other than regular trade and professional associations)
entertainment expenses
fines and penalties
losses on investments, bad debts and expenses for collection charges
losses on other projects or contracts
premiums for life insurance on the lives of officers and/or directors
product development or improvement expenses not associated with the project
provisions for contingencies
selling and marketing expenses associated with the products or services being developed
taxes (including excess profit taxes or surtaxes, federal or provincial income taxes, goods and services taxes)
📏Expense Caps: overhead costs (program limits apply)
💳Payment Model: reimbursement

🤝Is Matching Funding Required?

🔀Matching Required: Yes
📊Matching Ratio: 25% minimum
🏦Eligible Matching Sources: cash
in-kind
📚Stacking Rules: Yes, you can combine with other government funding.
🛡️Proof of Matching Required: Documentation to prove matching funds is not specified.

📊What Are the Reporting Requirements?

🗓️Reporting Frequency: final only
📑Reporting Requirements: submitting project claims for reimbursement
reporting on results
🔍Audit Requirements: Annual audited gross business revenues may be used for repayments.
📢Branding Requirements: Acknowledgment of funding and recognition of the Government of Canada is required.
🗄️Record Retention Period: 7 years