OTTAWA, Ontario – The Canada Foundation for Innovation (CFI) is pleased to announce its new funding architecture to support cutting-edge research infrastructure in Canada, including new programs for colleges and major science initiatives. These announcements address the $600 million allocated to the CFI in Budget 2009.
“The CFI is pleased to be delivering programs that serve to attract, train and retain some of the best minds in the world,” said Dr. Gilles G. Patry, President and CEO of the CFI. “This investment demonstrates the Government of Canada’s recognition of the CFI’s pivotal role in helping build and strengthen the country’s vibrant research community.”
Highlights of the new funding architecture:
- A new program for Major Science Initiatives (MSI) ($185 million), covering the period 2012-13 to 2016-17.
- A new fund targeting colleges ($32.5 million), with one or more competitions to be launched by December 2010.
- The Leading Edge Fund (LEF) and New Initiatives Fund (NIF) ($200.5 million), with a competition to be launched by December 2011.
The Leaders Opportunity Fund (LOF) ($182 million), covering the period 2012-13 to 2013-14.
Under the new Major Science Initiatives (MSI) program, the CFI has been given the responsibility to design and implement a framework for predictable funding for supporting a portion of operating costs of some of Canada’s large-scale, leading-edge research facilities, specifically those in which the CFI has made a significant single capital investment of at least $25 million. MSI are a key element of Canada’s research landscape because they open doors to new international collaborations that keep the country at the forefront of new discoveries.
As part of the new fund for colleges, the CFI will launch one or more competitions by December 2010 with the specific objective to enable partnerships with the private sector to support business innovation. CFI investments will provide colleges with the support they need for investing in the latest research infrastructure that will be instrumental in transferring innovative research from the lab to the marketplace.
For the Leading Edge Fund (LEF) and New Initiatives Fund (NIF), the primary focus will be on ensuring that past CFI investments remain at the leading edge and are world-class.
The Leaders Opportunity Fund and the Infrastructure Operating Fund will continue to be delivered under the current program guidelines, and will incorporate some minor improvements.
Over the coming months, the CFI will consult with its stakeholders to finalize these programs prior to launch.
The Canada Foundation for Innovation is an independent corporation created by the Government of Canada to fund research infrastructure. The CFI’s mandate is to strengthen the capacity of Canadian universities, colleges, research hospitals and non-profit research institutions to carry out world-class research and technology development that benefits Canadians. Since its creation in 1997, the CFI has committed $5.3 billion in support of 6,800 projects at 130 research institutions in 65 municipalities across Canada.
CFI practices have been recently called “world’s best” by a panel of international experts, based on a third-party performance evaluation and value-for-money audit. For the complete evaluation, audit and panel report, click here.
For more information:
Coordinator, Media Relations
Canada Foundation for Innovation
yves.melanson [at] innovation.ca