Innovation Fund

Working together toward global leadership in research for a better Canada


The Innovation Fund provides investments in infrastructure, across the full spectrum of research, from the most fundamental to applied through to technology development. Projects funded through the Innovation Fund will help Canada remain at the forefront of exploration and knowledge generation while making meaningful contributions to generating social, health, environmental and economic benefits and addressing global challenges.   

Our newly established model of permanent funding allows us to provide Innovation Fund competitions at regular intervals of 24 to 30 months. These regular competition intervals will allow institutions to plan strategically and to propose mature projects, while continuing to develop promising ones for future competitions. 

With the 2020 Innovation Fund Call for proposals, we launched the first Innovation Fund competition under our new funding model.

2020 Innovation Fund: Call for proposals (PDF)

2020 Innovation Fund: Summary of changes and improvements (PDF)

This competition is now closed.

Read more about the results of the 2020 Innovation Fund competition:

2020 Innovation Fund: By the numbers (PDF)

Read the Prime Minister’s funding announcement

We expect to launch the 2023 Innovation Fund competition in fall 2021.