the breakdown of the 67 projects and $2.3b in sif contributions … · 2020-07-13 · page | 2 date...
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Page | 1 Date modified: 2020-07-13
Overview of announced projects
From: Innovation, Science and Economic Development Canada
The Strategic Innovation Fund (SIF) aims to attract and support high-quality business investments in Canada's most dynamic and innovative sectors. This fund supports innovative business activities such as R&D projects, firm expansion, attraction of large-scale investments to Canada and collaborative technology demonstration projects. See list of announced projects.
The breakdown of the 67 projects and $2.3B in SIF contributions is as follows:
62 projects
Business Innovation and Growth
(Streams 1-3)
R&D and
commercialization
Firm expansion and growth
Investment attraction
and reinvestment
Current as of July 13, 2020
Current as of July 13, 2020
Current as of July 13, 2020
30 SMEs
23 Canadian-owned firms to
achieve scale and commercial
success
7 subsidiaries to innovate,
invest, and create jobs in
Canada
5 successful
applicants
Collaborations and Networks
(Streams 4 & 5)
Industrial research, development and
technology demonstration
National ecosystems
$227M in SIF
contributions
$580M total investment
leveraged
$2.1B in SIF
contributions
10K commitments obtained for co-op
opportunities
$9.1B secured in R&D
commitments
$43.5B
total investment
leveraged
67K+
jobs expected to be
created and
maintained (not including indirect, induced, and
construction jobs)
Current as of July 13, 2020
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Open to all regions across Canada
ON $930M
QC $451M
AB $160M
BC $578M
SK $29M
NB $29M
NS $39M
MB $30M
PE $13M
NL $6M
Note: Funding for Stream 4 (Collaborative technology development and demonstration) and Stream 5 (National ecosystems) is allocated to the home
province(s) of the lead recipient(s); however, these networks are national in scope and will support network members from across Canada.
Current as of July 13, 2020
Open to all sectors
SIF projects drive innovation across all six Economic Strategy Tables.
Name(s) Adv anced
Manufacturing Agri-Food
Resources of
the Future
Health &
Biosciences
Clean
Technology
Digital
Industries
AbCellera Biologics Inc.
Abraham Innov ation Systems Inc.
Adv antech Satellite Networks (now Spacebridge)
Aerospace Innov ation and Research
Network (AIR) – (Aerospace Industries Association of Canada)
AGS Automotiv e Systems
Alcoa Lauralco Management Company
Algoma Steel
Algoma Tubes Inc. and Prudential Steel Ltd. (Tenaris)
Aluminerie Alouette Inc.
ArcelorMittal Canada Inc.
Bell Helicopter Textron Canada Ltd and partners
BioVectra
BlackBerry QNX
Blue Solutions Canada Inc.
Bluedrop Performance Learning Inc.
Burloak Technologies
Primary Economic Strategy Table Secondary Economic Strategy Table
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Name(s) Adv anced
Manufacturing Agri-Food
Resources of the Future
Health & Biosciences
Clean Technology
Digital Industries
CAE Inc.
Canada Kuwait Petrochemical Corp.
Canadian Agri-Food Automation and Intelligence Network (CAAIN)
Canadian Food Innov ators Network (CFIN)
Carbon Engineering Ltd.
CBN Nano Technologies Inc. and
Canadian Bank Note Company, Limited
Cognitiv e Systems Corp.
Coulson Aircrane Ltd.
Creativ e Destruction Lab
Digital Health and Discov ery Platform
(DHDP) - Terry Fox Research Institute / Imagia
Domtar Inc.
Elysis Limited Partnership
EVRAZ
exactEarth
General Fusion
Gerdau Ameristeel Corporation
Heico Canada Holding Company
High Q
Industry Consortium for Image
Guided Therapy (ICIGT) -Sunnybrook Research Institute
Innov ation ENCQOR
Inter Pipeline
ISARA Corporation
JP Bowman Ltd.
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Name(s) Adv anced
Manufacturing Agri-Food
Resources of the Future
Health & Biosciences
Clean Technology
Digital Industries
Kruger Inc.
Lakeside Plastics Ltd.
Linamar Corporation
LNG Canada Dev elopment Inc.
Maple Leaf Foods Inc.
Marwood Metal Fabrication Ltd.
Mastercard Technologies Canada ULC
Meridian Lightweight Technologies Inc.
MindBridge Analytics Inc.
Nokia
North Inc.
Northstar
NOVA Chemicals
Nov a Steel Inc.
Nov a Tube Inc.
Origin Materials Canada Holding Ltd.
Ranov us
Rockport Networks Inc.
Sciemetric Instruments Inc.
Siemens Canada
Stelco Inc.
STEMCELL Technologies
SWITCH Materials Inc.
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Name(s) Adv anced
Manufacturing Agri-Food
Resources of the Future
Health & Biosciences
Clean Technology
Digital Industries
Synergx Technologies Inc.
Tekna Plasma Systems
Telesat Canada
Toyota Motor Manufacturing Canada
Woodbridge Foam Corporation
Current as of July 13, 2020