Strategic Innovation Fund Awards $1.1M to Lakeside Plastics Ltd.

Strategic Innovation Fund Awards $1.1M to Lakeside Plastics Ltd.

Lakeside Plastics Ltd. is a Tier 1 and Tier 2 supplier of plastic injection-molded automotive products. Based in Windsor, Ontario, the company is a top supplier to General Motors and other top automotive assemblers in the region, both in Canada and the United States. Recently, Lakeside Plastics was announced as recipients of the Strategic Innovation…

Is the Strategic Innovation Fund Suitable for Your Business?

Is the Strategic Innovation Fund Suitable for Your Business?

The Strategic Innovation Fund (SIF) is a Canadian government funding program that provides support for technology development and productivity-boosting projects. It promotes large-scale investments in Canada, while also encouraging technology transfer and development/commercialization of disruptive products and services. The Strategic Innovation Fund reduces eligible project costs by up to 50%; this helps businesses improve productivity…

Strategic Innovation Fund: Canadian Government Funding for Growth

Strategic Innovation Fund: Canadian Government Funding for Growth

The Government of Canada recently expanded the scope of several of its most popular innovation funds and combined them into one broader program to help fuel this potential for innovation within Canadian businesses and organizations. The new Strategic Innovation Fund (SIF) will provide up to $1.26 billion in funding over the next five years to…