Deadline: 11 October 2016
The Canada Foundation of Innovation is currently seeking applications for its Innovation Fund with an aim to support promising and innovative research or technology development in areas where Canada currently is, or has the potential to be, competitive on the global stage.
It will do so by assisting research institutions to capitalize on their achievements and improve their standing in the global research enterprise.
Canada Foundation of Innovation is a challenging institution to propose transformative infrastructure projects that will underpin cutting-edge, globally competitive research. Institutions should continue to be guided by their strategic research plans and establish priorities that build on their distinct advantages. It will support initiatives that allow institutions and their researchers to build on established capabilities to accelerate current research and technology development or to enhance emerging strategic priority areas.
Objectives
The objectives of the 2017 Innovation Fund are to enable institutions and their best researchers to:
- Strive for global leadership by conducting world-class research or technology development activities in areas of strategic institutional priority;
- Enhance research capacity by forging productive partnerships within and among institutions, sectors and disciplines for the effective and sustainable use of the research infrastructure and facilities;
- Generate social, health, environmental and/or economic benefits for Canadians, including better training and improved skills for highly qualified personnel, through appropriate pathways.
Funding Information
Competition budget: The CFI will invest up to $425 million in infrastructure costs for funded projects in this competition. The CFI will fund up to 40 percent of a project’s eligible infrastructure costs.
Institutional envelopes: The CFI places an upper limit on the total value of the funding that eligible institutions may request, calculated at 2.75 times the available budget of $425 million.
- Each institution’s envelope is based on its average share of research funding received from the three federal research funding agencies over the period 2011-12 through 2013-14 (most recent available data).
- CFI-eligible institutions have a minimum envelope of $1.75 million.
- Institutions submitting a single proposal to the competition are exempt from adhering to their institutional envelope.
Eligibility Criteria
- Canadian universities, colleges, research hospitals and non-profit research institutions recognized as eligible by the CFI can apply to this competition.
- An institution wanting to be recognized as eligible must contact the CFI well in advance of the NOI deadline to complete the process.
How to Apply
Interested applicants can apply via given website.
For more information, please visit Canada Foundation of Innovation.