Strategic Innovation Fund

The Strategic Innovation Fund (SIF) provides major investments in innovative projects that will help grow Canada's economy for the well-being of all Canadians.

About the program

  • Objectives
  • Project types
  • Background information


  • Funded projects
  • Overview of funding
  • Current investment priorities

Project requirements

  • Business Innovation and Growth projects
  • Collaborations and Networks projects

How to apply

  • Application process
  • Assessment process

Are you eligible for the Strategic Innovation Fund?

Find out now >> if you are elligble for the Strategic Innovation Fund

Latest announcements

Date Announcement
March 27, 2023 Government of Canada invests in Ranovus to further advance Canada's semiconductor industry – Ranovus
March 16, 2023 The Government of Canada continues to invest in domestic vaccine production – Jubilant HollisterStier
March 14, 2023 Creating and securing good manufacturing jobs in Nova Scotia – Michelin
January 23, 2023 Supporting Canada's leadership in quantum computing to grow the economy and create jobs – Xanadu Quantum Technologies Inc.
December 7, 2022 Benefiting Canada's seniors and their families – MEDTEQ+

Find all project announcements.


Net Zero Accelerator Initiative

The Net Zero Accelerator (NZA) initiative supports Canada's net-zero goals to help transform the economy for clean and long-term growth.

Canada's road to net zero

The government is accelerating the transportation sector's road to net zero and helping build Canada's green economy

The Strategic Innovation Fund is powered by Innovation Canada

At Innovation Canada, we back innovators. From funding to expert advice to driving new collaborations, our programs and services are designed to help businesses innovate, create jobs and grow Canada's economy. We are committed to providing inclusive programs and cultivating a workplace that is both diverse and inclusive so that we can best support the businesses we serve.