This program is designed for businesses like yours, aiming to innovate and grow through international collaboration. By participating, you can access credible partners in countries such as Brazil, China, India, Israel, South Korea, and Taiwan. This can open up new markets and reduce the risks and costs associated with technology adaptation, co-development, and validation.

What You Get

• Funding for R&D projects: Collaborate with foreign partners on projects with high commercialization potential.
• Partnership Development Activities: Identify and develop potential partnership opportunities.
• Support from the Trade Commissioner Service: Get help assessing your market potential and connecting with qualified contacts.

Being approved for this program can significantly boost your business by providing the resources and connections needed to succeed internationally. The qualification process is straightforward, making it easier for you to take advantage of this opportunity.

Type of Financing: Grant

Eligible Expenses:

• Costs associated with technology adaptation
• Co-development expenses
• Validation opportunities
• Partnership development activities
• Collaborative research and development projects

Use of Funds:

• Funds can be used to support R&D projects with foreign partners
• Must be aimed at developing new or improved products, services, or processes with high commercialization potential

Restrictions:

• Funds cannot be used for general operational expenses
• Cannot be used for activities unrelated to the specified R&D projects

Fees:

• No fees associated with applying for or receiving the grant

The program offers financial support to help your business collaborate on research and development (R&D) projects with international partners. You can receive funding to develop new or improved products, services, or processes that have high potential for commercialization.

Benefits include:

• Access to credible partners in countries like Brazil, China, India, Israel, South Korea, and Taiwan.
• Finding new markets through technology partnerships.
• Reducing market entry risks and costs associated with technology adaptation, co-development, and validation.

The program supports activities like Partnership Development to identify potential opportunities and Collaborative R&D projects with foreign partners. This can lead to significant growth and innovation for your business.

1. Gather Necessary Documentation: Prepare the following documents:

• Business plan
• Financial statements
• Details of the R&D project
• Information about the foreign partner
• Proof of incorporation

2. Complete the Application Form: Fill out the application form provided by the Canadian International Innovation Program (CIIP).

3. Submit the Application: Send the completed application form and all required documents to the designated email or submission portal.

4. Contact a Trade Commissioner: Reach out to a Trade Commissioner for guidance and to ensure your application is complete.

5. Wait for Review: The CIIP team will review your application and may request additional information or clarification.

6. Participate in an Interview: If required, participate in an interview or meeting to discuss your project in more detail.

7. Receive Approval: Once approved, review the terms and conditions of the funding.

8. Sign Agreement: Sign the funding agreement to formalize your participation in the program.

9. Begin Project: Start your R&D project in collaboration with your foreign partner.

10. Report Progress: Regularly report your project's progress as required by the CIIP.