This program is a fantastic opportunity for your business to grow and innovate in the cyber security space. With $80 million available over four years, it supports projects that focus on research and development, commercialization of new technologies, and the development of skilled talent in cyber security.

You can get 50% of your project costs covered. This funding can be used for a variety of activities, such as developing new products, creating intellectual property, and testing new technologies. It also supports commercialization efforts, like expanding your market and retaining intellectual property. Additionally, the program helps address skills and labor gaps by funding training modules, education pathways, and work-integrated learning opportunities.

The money you receive doesn't need to be paid back, making it a great way to invest in your business without taking on debt. By participating, you not only get financial support but also become part of a national network aimed at enhancing Canada's cyber security ecosystem. This can open doors to new partnerships and opportunities for collaboration.

The program offers a grant, which means you do not need to repay the funds provided you adhere to the terms and conditions of the grant agreement.

Repayment Terms: As this is a grant, there are no repayment terms or interest rates applicable. However, it is essential to ensure that the grant funds are used strictly according to the program guidelines to avoid any financial liabilities.

Eligible Expenses:

• Direct labor costs
• Subcontractor and consultant fees
• Equipment purchases
• Direct project costs including travel and outreach
• Indirect costs (overhead) within specified limits
• Costs associated with recruiting and retaining necessary personnel
• Expenses related to research, technology exchange, and knowledge mobilization

Restrictions on Use of Funds: The funds cannot be used for:

• Non-project related activities
• Costs not directly linked to the eligible project activities
• General and administrative expenses not directly linked to the project

Fees: There are no application or processing fees associated with this grant. However, it is crucial to maintain accurate and detailed records of all expenditures as stipulated by the grant guidelines to ensure compliance and audit readiness.

• Be comprised as a network led by three or more Canadian centres of expertise on cyber security affiliated with post-secondary institutions.
• Be federally incorporated as a not-for-profit organization under the Canada Not-for-Profit Corporations Act (not required to be incorporated at the time of application).
• Be representative of the diversity of Canada's cyber security ecosystem, including various partners like private sector, post-secondary institutions, not-for-profit organizations, and provincial/territorial/municipal governments.
• Include commitments from a combination of partners to match the funds requested at a 1:1 ratio.
• Be pan-Canadian, including centres of expertise and partners from Western/Northern Canada, Central (with representation from both Ontario and Quebec), and Atlantic Canada.
• Demonstrate a national vision for advancing cyber security research and development, commercialization, and skills and talent development activities across Canada.

Eligible Organizations:

• Centres of expertise on cyber security affiliated with post-secondary institutions
• Private sector (including both small and medium-sized enterprises and larger enterprises)
• Canadian post-secondary institutions (e.g., research centres, universities, colleges, polytechnics)
• Not-for-profit organizations (e.g., industry associations, incubators and accelerators, skills development organizations, etc.)
• Provincial/territorial/municipal governments

Ineligible Lead Applicants or Ultimate Recipients:

• Municipal governments
• Provincial governments
• Territorial governments
• Federal governments

This program is a fantastic opportunity for your business to grow and innovate in the cyber security space. With $80 million available over four years, it supports projects that focus on research and development, commercialization of new technologies, and the development of skilled talent in cyber security.

You can get 50% of your project costs covered. This funding can be used for a variety of activities, such as developing new products, creating intellectual property, and testing new technologies. It also supports commercialization efforts, like expanding your market and retaining intellectual property. Additionally, the program helps address skills and labor gaps by funding training modules, education pathways, and work-integrated learning opportunities.

The money you receive doesn't need to be paid back, making it a great way to invest in your business without taking on debt. By participating, you not only get financial support but also become part of a national network aimed at enhancing Canada's cyber security ecosystem. This can open doors to new partnerships and opportunities for collaboration.