This program is designed for businesses like yours to thrive. By joining one of Canada's five Global Innovation Clusters, you can collaborate with industry leaders, academic institutions, and non-profits to generate groundbreaking ideas. This collaboration can lead to new projects, innovative solutions, and a stronger presence in both national and global markets.
By being part of this program, your business can gain a competitive edge, access significant funding, and collaborate on projects that drive innovation and growth.
Type of Financing: Grant
Repayment Terms and Interest Rates:
Eligible Expenses:
Ineligible Expenses:
Fees:
1. Choose Your Cluster: Select which of the five Global Innovation Clusters best aligns with your business goals. Each cluster has its own focus area, such as Digital Technology, Protein Industries, Advanced Manufacturing, Scale AI, or Ocean.
2. Visit the Cluster's Website: Go to the website of the chosen cluster to find specific information about their application process. Each cluster may have different requirements and steps.
3. Prepare Documentation: Gather the necessary documents to support your application. These typically include:
4. Complete the Application Form: Fill out the application form provided on the cluster's website. Ensure all sections are completed accurately and thoroughly.
5. Pay Associated Fees: Some clusters may have membership fees or different levels of membership, including free options. Make sure to pay any required fees as part of your application.
6. Submit Your Application: Submit your completed application form along with the required documentation through the cluster’s online portal or as directed on their website.
7. Await Confirmation: After submission, wait for confirmation from the cluster. They may contact you for additional information or to schedule an interview.
8. Participate in an Interview (if required): Some clusters might require an interview or meeting to discuss your application in more detail. Be prepared to explain how your business will contribute to the cluster’s objectives.
9. Receive Approval: Once approved, you will receive a formal notification. This will include details about your membership, any next steps, and how to get involved in cluster activities.
10. Engage with the Cluster: Start participating in cluster activities, networking events, and collaborative projects. Leverage the resources and support available to grow your business and contribute to the innovation ecosystem.
May need to pay associated fees or choose a membership level, though free options are available.
Disqualifications:
This program offers your business a chance to access $750 million over five years. This funding is part of a larger investment by the Government of Canada, which has already put nearly $2 billion into the initiative.
What can you use the money for?
Why is this beneficial for your business?
This is a unique opportunity to grow your business, innovate, and make a significant impact in your industry.