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2015 Innovation Fund Information Session February 2014

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Page 1: Innovation Fund 2015 › sites › default › files › Funds... · SMAC •Mandate •Competition Objectives •Portfolio . Collaboration S-MAC Expert Review Provincial & territorial

2015 Innovation Fund

Information Session February 2014

Page 2: Innovation Fund 2015 › sites › default › files › Funds... · SMAC •Mandate •Competition Objectives •Portfolio . Collaboration S-MAC Expert Review Provincial & territorial

$325M

Striving for Global Leadership and Reaping the Benefits

Page 3: Innovation Fund 2015 › sites › default › files › Funds... · SMAC •Mandate •Competition Objectives •Portfolio . Collaboration S-MAC Expert Review Provincial & territorial

Agenda The CFI challenge to institutions

Objectives Application process

Review process Timeline

Questions

Page 4: Innovation Fund 2015 › sites › default › files › Funds... · SMAC •Mandate •Competition Objectives •Portfolio . Collaboration S-MAC Expert Review Provincial & territorial

CFI’s Challenge to institutions

To propose … • transformative infrastructure projects that

will underpin cutting-edge research and will have a structuring effect on Canada’s research landscape

To continue … • To make strategic choices and set

priorities that build on their distinct advantages

Page 5: Innovation Fund 2015 › sites › default › files › Funds... · SMAC •Mandate •Competition Objectives •Portfolio . Collaboration S-MAC Expert Review Provincial & territorial

Objectives

Lead to social, health, environmental and economic benefits

Strive for global leadership

Forge and foster productive, value-added partnerships

Page 6: Innovation Fund 2015 › sites › default › files › Funds... · SMAC •Mandate •Competition Objectives •Portfolio . Collaboration S-MAC Expert Review Provincial & territorial

Some changes … Eligibility of

construction costs

$500k

Minimum total project costs

Assessment: Institutional track

record & commitment

F2F Expert review of large, complex

projects

3+ institutions

up to 5%

Operating & Maintenance costs

Research computing

Page 7: Innovation Fund 2015 › sites › default › files › Funds... · SMAC •Mandate •Competition Objectives •Portfolio . Collaboration S-MAC Expert Review Provincial & territorial

Research Computing Infrastructure

• Definition of research computing infrastructure

• Maximizing investments and

sustainability through sharing of resources

• Consultative process with Compute Canada detailed on its website : computecanada.ca

Page 8: Innovation Fund 2015 › sites › default › files › Funds... · SMAC •Mandate •Competition Objectives •Portfolio . Collaboration S-MAC Expert Review Provincial & territorial

Application Process

Page 9: Innovation Fund 2015 › sites › default › files › Funds... · SMAC •Mandate •Competition Objectives •Portfolio . Collaboration S-MAC Expert Review Provincial & territorial

Funding Envelopes

NOI +20%

Proposal a

33% Funding

rate

March June

Page 10: Innovation Fund 2015 › sites › default › files › Funds... · SMAC •Mandate •Competition Objectives •Portfolio . Collaboration S-MAC Expert Review Provincial & territorial

• Project information

• Collaborating institutions

• Up to 10 principal users

• Project description

• Min 6 suggested reviewers

NOI CAMS

form PDF

Page 11: Innovation Fund 2015 › sites › default › files › Funds... · SMAC •Mandate •Competition Objectives •Portfolio . Collaboration S-MAC Expert Review Provincial & territorial

• Project module

• Finance module

• Suggested reviewers

proposal CAMS

forms

Page 12: Innovation Fund 2015 › sites › default › files › Funds... · SMAC •Mandate •Competition Objectives •Portfolio . Collaboration S-MAC Expert Review Provincial & territorial

Proposal : Project module

• Project information

• Plain language summary and project summary

• Principal and other users

• Collaborating institutions

• Financial resources for operations and maintenance

• Assessment criteria and budget justification

PDF

PDF

Page 13: Innovation Fund 2015 › sites › default › files › Funds... · SMAC •Mandate •Competition Objectives •Portfolio . Collaboration S-MAC Expert Review Provincial & territorial

Assessment criteria & Budget justification

Institutional track record and commitment

Research & Technology Development

Team

Infrastructure & Budget Justification

Sustainability of the research infrastructure

Benefits to Canadians

Page 14: Innovation Fund 2015 › sites › default › files › Funds... · SMAC •Mandate •Competition Objectives •Portfolio . Collaboration S-MAC Expert Review Provincial & territorial

Institutional track record and commitment

Criterion standard: The proposal builds on existing capacity and key investments in people and infrastructure. Through tangible commitments, the institution supports the area of the proposal in order to maintain or gain a competitive advantage internationally.

Page 15: Innovation Fund 2015 › sites › default › files › Funds... · SMAC •Mandate •Competition Objectives •Portfolio . Collaboration S-MAC Expert Review Provincial & territorial

Research & Technology Development

Team

Timeliness of the proposed research activities Potentially transformative and innovative aspects Boost level of international competitiveness

Expertise & ability to lead research activities Team's technical expertise → best use of infrastructure

Page 16: Innovation Fund 2015 › sites › default › files › Funds... · SMAC •Mandate •Competition Objectives •Portfolio . Collaboration S-MAC Expert Review Provincial & territorial

Infrastructure & Budget Justification

Sustainability of the research infrastructure

Benefits to Canadians

Availability of O&M resources O&M needs of infrastructure over its useful life

Requested infrastructure & location Concise budget

Pathways towards anticipated benefits Timeframe

Page 17: Innovation Fund 2015 › sites › default › files › Funds... · SMAC •Mandate •Competition Objectives •Portfolio . Collaboration S-MAC Expert Review Provincial & territorial

Proposal (continued)

Finance module – Cost of individual items

– Floor plans (if applicable)

– Contributions from eligible partners

– Infrastructure utilization

– Overview of infrastructure project funding

Suggested reviewers

PDF

Page 18: Innovation Fund 2015 › sites › default › files › Funds... · SMAC •Mandate •Competition Objectives •Portfolio . Collaboration S-MAC Expert Review Provincial & territorial

Merit Review Process

Page 19: Innovation Fund 2015 › sites › default › files › Funds... · SMAC •Mandate •Competition Objectives •Portfolio . Collaboration S-MAC Expert Review Provincial & territorial

Experts review • Strengths • Weaknesses

MAC • Excellence • Competition

Objectives • Exceptional merit

SMAC • Mandate • Competition

Objectives • Portfolio

Page 20: Innovation Fund 2015 › sites › default › files › Funds... · SMAC •Mandate •Competition Objectives •Portfolio . Collaboration S-MAC Expert Review Provincial & territorial

Collaboration

S-MAC

Expert Review

Provincial & territorial

funding authorities

Page 21: Innovation Fund 2015 › sites › default › files › Funds... · SMAC •Mandate •Competition Objectives •Portfolio . Collaboration S-MAC Expert Review Provincial & territorial

Timeline

March 28, 2014

June 27, 2014

March 2015

Call for proposals

Expert review

MAC/SMAC review

Oct. Aug.

Page 22: Innovation Fund 2015 › sites › default › files › Funds... · SMAC •Mandate •Competition Objectives •Portfolio . Collaboration S-MAC Expert Review Provincial & territorial

Now over to you… Questions?

Page 23: Innovation Fund 2015 › sites › default › files › Funds... · SMAC •Mandate •Competition Objectives •Portfolio . Collaboration S-MAC Expert Review Provincial & territorial

Thank you

Page 24: Innovation Fund 2015 › sites › default › files › Funds... · SMAC •Mandate •Competition Objectives •Portfolio . Collaboration S-MAC Expert Review Provincial & territorial

Helpful links Innovation Fund 2015 IF: Call for proposals 2015 IF: Guidelines for completing a notice of intent and a proposal 2015 IF: Technical instructions for completing a notice of intent and a proposal 2015 IF: Envelope Calculation tool CAMS Getting started with CAMS: An overview document for researchers Getting started with CAMS: An overview document for institutional research services personnel