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Canada Foundation for Innovation - Innovation Fund - Canada
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Canada Foundation for Innovation - Innovation Fund

Supports large-scale research infrastructure projects in Canada
Leaders Opportunity Fund (LOF)
Last Update: March 9, 2026
Funding available
$ 4,000,000
Timeline
  • Closing date : February 4, 2025
Location
Canada

Overview

The Innovation Fund supports a wide range of research initiatives in Canada, focusing on infrastructure development with funding up to 40% of eligible costs. It helps institutions undertake major research projects that promote innovation, sustainability, and global competitiveness through technological advancement and collaborative research efforts.

/100
Opportunity Score
Moderate potential, but conditions must align.

At a glance

Funding available

Financing goals
  • Increase performance through digital transformation
  • Conduct research and development activities
  • Conduct research or evaluation activities
Eligible Funding
  • Maximum amount : 4,000,000 $
  • Up to 40% of project cost
Timeline
  • Closing date : February 4, 2025

Eligible candidates

Eligible Industries
  • All industries
Location
  • Canada
Legal structures
  • Non-profit
Annual revenue
  • All revenue ranges
Organisation size
  • All organization sizes
Audience
  • All groups
Non-profit candidates
Sector of operation
  • Research
Target groups
  • All the groups
Revenue structures
  • Mixed revenue (<50% earned)
Scope
  • Provincial

Next steps

1
Determine your project
2
Validate your eligibility

Activities funded

  • Development and deployment of advanced research infrastructure.
  • Establishment of collaborative research platforms.
  • Implementation of innovative scientific and technological projects.

Eligibility

Who is eligible?

  • Canadian universities.
  • Canadian colleges and research hospitals.
  • Recognized non-profit research institutions.

Eligible geographic areas

Canada

Frequently Asked Questions about the Canada Foundation for Innovation - Innovation Fund Program

Here are answers to the most common questions about the Canada Foundation for Innovation - Innovation Fund. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.

What is the Canada Foundation for Innovation - Innovation Fund?

The Innovation Fund supports a wide range of research initiatives in Canada, focusing on infrastructure development with funding up to 40% of eligible costs. It helps institutions undertake major research projects that promote innovation, sustainability, and global competitiveness through technological advancement and collaborative research efforts.

How much funding can be received?

Canada Foundation for Innovation - Innovation Fund Funds up to 40% of admissible expenses, capped at $4,000,000 per project.

What expenses are eligible under Canada Foundation for Innovation - Innovation Fund?

Development and deployment of advanced research infrastructure. Establishment of collaborative research platforms. Implementation of innovative scientific and technological projects.

Who can I contact for more information about the Canada Foundation for Innovation - Innovation Fund?

You can contact Leaders Opportunity Fund (LOF).

Where is the Canada Foundation for Innovation - Innovation Fund available?

The Canada Foundation for Innovation - Innovation Fund program is available across Canada.

Is the Canada Foundation for Innovation - Innovation Fund a grant, loan, or tax credit?

Canada Foundation for Innovation - Innovation Fund is a Grant and Funding

Who are the financial supporters of the Canada Foundation for Innovation - Innovation Fund?

Canada Foundation for Innovation - Innovation Fund is funded by Leaders Opportunity Fund (LOF)

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