Saskatchewan Advantage Innovation Fund
SK, Canada
Funding for R&D projects in Saskatchewan
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|openingDateSeptember 30, 2024
- grant_single|closingDateOctober 31, 2024
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- Mining, quarrying, and oil and gas extraction
- Manufacturing
- Health care and social assistance
grant_single|grantors
- Government of Saskatchewan
- Innovation Saskatchewan
grant_single|status
grant_card_status|closed
grant_single_labels|preview
Receive up to a maximum of $450,000 in grants to support the commercialization of innovation or technology in the following sectors: Mining, Energy, Manufacturing and Processing, and Healthcare.
grant_single_labels|projects
Projects eligible for the Saskatchewan Advantage Innovation Fund (SAIF) must demonstrate technological innovation in areas such as mining, energy, manufacturing and processing, and healthcare. Eligible activities include:
- Research and development projects addressing specific industry challenges
- Technological solutions that benefit entire sectors
- Projects led by Saskatchewan-based organizations with active private sector partners
- Pathways to commercialization and long-term sustainability
grant_single|admissibleProjectsExample
$450,000
Toronto
Development of an AI-based diagnostic tool for rare diseases
$450,000
Montreal
Commercialization of a portable renewable energy generator
$450,000
Toronto
Innovative water treatment solutions for healthcare facilities
$450,000
Saskatoon
Implementation of sustainable mining technologies in Saskatchewan mines
$450,000
Oakville
Development of energy-efficient manufacturing processes for the automotive industry
$450,000
Vancouver
Research and implementation of new lithium extraction techniques
grant_single_labels|admissibility
The Saskatchewan Advantage Innovation Fund (SAIF) provides non-repayable grants for R&D projects in sectors like mining, energy, manufacturing, and healthcare. The eligibility criteria include active private sector partners, Saskatchewan-based project leadership, novel technological solutions, and industry partners contributing at least 50% of the project budget.
- Proposed by a group of active private sector partners
- Active partner participation with cash/in-kind contributions
- Project led by a Saskatchewan-based organization
- Demonstrate technological innovation to solve industry challenges
- Feasible path to commercialization and long-term benefits
grant_eligibility_criteria|who_can_apply
Eligible types of companies for the Saskatchewan Advantage Innovation Fund (SAIF) grant include those involved in the core sectors of mining, energy, manufacturing and processing, and healthcare. Companies must meet specific criteria such as active private sector partnerships and a focus on addressing industry challenges.
- Companies involved in mining, energy, manufacturing, and healthcare sectors
- Active private sector partners representing the project's value chain
- Projects led by Saskatchewan-based organizations with a feasible path to commercialization
grant_eligibility_criteria|eligible_expenses
Eligible expenses for this grant include:
- Research and development costs
- Laboratory equipment and supplies
- Salaries for project personnel
- Consultant fees
- Travel expenses related to the project
grant_single_labels|criteria
There are evaluation and selection criteria for the Saskatchewan Advantage Innovation Fund (SAIF):
- Projects must be proposed by active private sector partners representing the project's value chain.
- The project must be led by a Saskatchewan-based organization, demonstrating a feasible path to commercialization and industry benefit.
- Technological solutions should be novel and innovative, with industry partners contributing at least 50% of the project's budget.
grant_single_labels|register
- Step 1: Review the Program Guidelines and eligibility criteria
- Step 2: Submit an Expression of Interest (EOI) and complete the "Eligibility Questionnaire"
- Step 3: Wait for the invitation to submit a full proposal if selected
- Step 4: Submit the full proposal by the specified deadline
- Step 5: Funding decisions will be made based on the proposals
grant_single_labels|contact
matthew.hayduk@innovationsask.ca
Apply to this program
Saskatchewan Advantage Innovation Fund (SAIF)
Overview of the SAIF Grant
The Saskatchewan Advantage Innovation Fund (SAIF) is a research and development (R&D) funding program aimed at accelerating the commercialization of innovative technological solutions in key sectors such as mining, energy, manufacturing, processing, and healthcare within Saskatchewan. The program provides non-repayable grants to projects that address specific industry challenges and promote long-term sustainability.
Eligibility Criteria and Application Process
Applicants must be groups of active private sector partners representing the project's value chain, with a preference for Saskatchewan-based organizations leading the project. Projects must involve novel technological innovations that demonstrate a feasible path to commercialization and sustainable benefits. Industry partners are required to contribute 50% or more of the project's budget, with IS funding up to 30% of the proposed budget.
Intake Periods and How to Apply
SAIF has two intake periods per fiscal year, with specific deadlines for Expression of Interest (EOI) submissions and full proposal submissions. Selected applicants are invited to submit full proposals, and funding decisions are based on strategic alignment with R&D priorities. Prospective applicants must apply through the online application portal and can benefit from feedback by submitting a draft proposal before the deadline.
Key Dates for Intake Periods
- Intake Period 1: EOI deadline by May 31, full proposals by September 30, funding decisions made thereafter.
- Intake Period 2: EOI deadline by October 31, full proposals by February 28, funding decisions made accordingly.
Conclusion
The SAIF grant supports innovative R&D projects in Saskatchewan's core sectors, encouraging collaboration between industry partners and academia to address industry challenges and drive technological advancements. By providing financial assistance and fostering long-term sustainability, SAIF plays a crucial role in promoting economic growth and innovation in the province.
