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Strategic Jobs Investment Fund (SJIF) - Ontario - Canada
archived

Strategic Jobs Investment Fund (SJIF)

Last Update: March 4, 2026
Ontario, Canada
Supports high-value job creation and strategic business investments
Grant and Funding
Loans and Capital investments

Overview

The Strategic Jobs Investment Fund (SJIF) offered grants and loans to attract investments in innovative projects, promoting the creation of high-value jobs and the development of key sectors in Ontario. This program aimed to support activities such as the growth of strategic capacities, the development of industrial clusters, and expansion in advanced technologies, financial services, information technology, and life sciences.

At a glance

Funding available

Financing goals
  • Integrate new technologies
  • Develop strategic partnerships
Eligible Funding
  • No Condition
Timeline
  • Archived

Eligible candidates

Eligible Industries
  • Manufacturing
  • Information and cultural industries
  • Finance and insurance
  • Health care and social assistance
Location
  • Ontario
Legal structures
  • For-profit business
Annual revenue
  • All revenue ranges
Organisation size
  • All organization sizes
Audience
  • All groups

Activities funded

  • Investment in leading-edge projects aimed at building strategic capacity in priority sectors such as clean/green technologies, financial services, information and communication technology, and life sciences.
  • Projects that support cluster development to enhance industry collaboration and innovation.
  • Initiatives that create or retain high-value-added jobs within Ontario.
Examples of admissible projects:
$ 849,000
Implementation of AI-driven fraud detection for fintech platform
$ 1,178,000
Expansion of bioprocessing facility for vaccine ingredient production
$ 995,000
Development of cloud-based secure medical records sharing platform
$ 1,284,000
Cluster initiative for electric vehicle component R&D collaboration
$ 1,085,000
Automation of waste sorting for recycling using robotics technology
$ 977,000
Pilot project for eco-friendly data center using renewable energy

Eligibility

  • The applicant must be a business undertaking a leading-edge project in Ontario.
  • The project must build strategic capacity and support cluster development.
  • The business must aim to create new high-value-added jobs.
  • The project must be within a priority sector, such as clean/green technologies, financial services, information and communication technology, or life sciences.

Who is eligible?

  • Companies in clean/green technologies
  • Businesses in the financial services sector
  • Firms in information and communication technology
  • Organizations in the life sciences sector

Who is not eligible

  • The Strategic Jobs and Investment Fund (SJIF) has been officially closed to new applications and proposals since 2012. No companies or industries are currently eligible to apply.

Eligible geographic areas

  • Ontario

Selection criteria

  • Creation or maintenance of highly skilled jobs.
  • Leverage on business investment.
  • Ability of the project to support the development of strategic industrial clusters.

Additional information

  • The Strategic Jobs and Investment Fund (SJIF) officially closed to new applications/proposals in 2012; new applicants cannot apply.
  • SJIF and Strategic Investments (SI) together have contributed to leveraging significant private sector investment and job creation in Ontario.
  • The program targeted leading edge priority sectors such as clean/green technologies, financial services, information and communication technology, and life sciences.
  • Support provided was flexible, including both grants and loans to attract and secure strategic investments.

Contacts

416-325-6421
Apply to this program

Frequently Asked Questions about the Strategic Jobs Investment Fund (SJIF) Program

Here are answers to the most common questions about the Strategic Jobs Investment Fund (SJIF). 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 Strategic Jobs Investment Fund (SJIF)?

The Strategic Jobs Investment Fund (SJIF) offered grants and loans to attract investments in innovative projects, promoting the creation of high-value jobs and the development of key sectors in Ontario. This program aimed to support activities such as the growth of strategic capacities, the development of industrial clusters, and expansion in advanced technologies, financial services, information technology, and life sciences.

Who is eligible for the Strategic Jobs Investment Fund (SJIF) program?

To be eligible for the Strategic Jobs Investment Fund (SJIF) program, you must: Investment in leading edge projects supporting strategic capacity or cluster development Activities in priority sectors: clean/green technologies, financial services, information and communication technology, or life sciences

What expenses are eligible under Strategic Jobs Investment Fund (SJIF)?

Investment in leading-edge projects aimed at building strategic capacity in priority sectors such as clean/green technologies, financial services, information and communication technology, and life sciences. Projects that support cluster development to enhance industry collaboration and innovation. Initiatives that create or retain high-value-added jobs within Ontario.

Who can I contact for more information about the Strategic Jobs Investment Fund (SJIF)?

You can contact Ministry of Economic Development, Job Creation and Trade (ON) or by phone at 416-325-6421.

Where is the Strategic Jobs Investment Fund (SJIF) available?

The Strategic Jobs Investment Fund (SJIF) program is available the province of Ontario.

Is the Strategic Jobs Investment Fund (SJIF) a grant, loan, or tax credit?

Strategic Jobs Investment Fund (SJIF) is a Grant and Funding

Who are the financial supporters of the Strategic Jobs Investment Fund (SJIF)?

Strategic Jobs Investment Fund (SJIF) is funded by Ministry of Economic Development, Job Creation and Trade (ON)