Funding Snapshot
- Non-repayable reimbursement
- Focused on supporting food innovation and research
- Quarterly intake
Fund Description
Canadian Food Innovation Network (CFIN) funds organizations working towards innovation in the Canadian food industry, specifically in smart product and process development; food ecosystem sustainability; and agile and safe supply chains. The program consists of two streams, both of which are collaborative projects centred around a funding call theme: the Food Innovation Challenge, which funds projects that introduce technologies to improve processing and global competitiveness, and the Innovation Booster, which funds projects related to overcoming challenges with commercializing agri-food technologies.
Funding Details
Recipients of the Innovation Booster can receive up to 50% of total eligible project costs, for projects with expenditures between $20,000-$200,000
The Food Innovation Challenge provides up to 50% of total eligible project costs for projects with expenditures between $1M-$4M.
Eligible Expenditures
Eligible expenditures covered under CFIN’s Innovation Booster include:
- Direct labour
- Subcontractors and consultants
- Direct materials
- Equipment
- Other direct costs
Eligible expenditures covered under CFIN’s Food Innovation Challenge include:
- Costs incurred which are required to carry out eligible project activities/can be attributed to the completion of project activities
- Costs that are non-recurring and incremental to ordinary business activities
Eligibility Requirements
To qualify for funding from CFIN, projects must:
- Be led by a business that is incorporated in Canada or a researcher at a Canadian institution
- Address a specific technical hurdle with well-defined methodology
- Identify a goal which has a commercial application
- Be one year or less in length
- Involve technology which has not been tested in an operational environment/applied in its final form
- Address the specific funding call
Applicants to the Innovation Booster must have fewer than 500 employees with under $50M in gross revenues.
Projects for the Food Innovation Challenge must be collaborative industry-led initiatives between a minimum of two independent private sector companies, which include at least one small- to medium-sized enterprise partner with fewer than 500 employees.
Program Run
CFIN accepts funding claims on a quarterly basis.