Fairtax is an industry leader in obtaining government funding in Canada. Our dedicated team of Funding Specialists understands the intricacies of government grant and incentive programs, optimally positioning your organization to secure government funding. We cut through the confusion, uncovering the specific financial resources that allow you to focus on growing through innovation, training employees, and taking your operations to the next level.
Strategic Innovation Fund (SIF)
The Strategic Innovation Fund supports research and development that will accelerate technology transfer and commercialization of innovative products, processes and services. It also supports manufacturing and processing to facilitate the growth and expansion of firms in Canada. It includes industrial and technological facility improvements and the establishment of new facilities.
Up to 50% of eligible costs. To qualify, projects require a minimum investment of $20 Million on eligible expenditures.
- Direct labour
- Overhead (program limits apply)
- Subcontracts and consultants
- Direct materials and equipment
- Other direct costs
- Land and buildings
- Create new technology
- Increase productivity
- Innovation/Research and Development
- Purchase Equipment
- Technology Adoption/E-Commerce
- Reduce pollution or improve energy efficiency
- Increase Export Sales
- New Building/Building Expansion