Innovation Booster
The Innovation Booster is designed to provide flexible and rapid support to Small or Medium Enterprises (SMEs - a business with 499 or fewer employees and less than $50 million in gross revenues) as they address food innovation challenges or technical hurdles that have created a barrier for achieving their commercialization goals.
Who Can Participate
To qualify for funding, all project proposals for any call must be:
- Submitted by Canadian incorporated businesses with less than $50M in annual sales in their most recently completed fiscal year.
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Seeking to demonstrate innovations between a Technology Readiness Level of 1 to 7. Projects including TRL 8 and 9 components will only be considered if they are part of a project that also includes TRL 1 to 7.
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Projects should be no more than one year (12 months) in length.
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CFIN supports industrial research and demonstration activities, focused on the food sector from farm-gate to consumer’s plate. Agriculture or primary production focused projects are not eligible for our funding.
All applicants must register for a free CFIN membership through
www.cfin-rcia.ca.
Timeline (Key Dates)
Round 1
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Intake Opens: February 24, 2025
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Application Deadline: March 25, 2025
Round 2
- Intake Opens: July 7, 2025
- Application Deadline: August 12, 2025
The program guide will be released in early 2025.
Frequently Asked Questions: https://www.cfin-rcia.ca/programs/program-faqs