Prime minister Stephen Harper has announced the launch of the Canada First Research Excellence Fund, a $1.5-billion, 10-year research fund first promised in the 2014 budget.
“Our government is committed to promoting excellence in science, technology and innovation, with a view to advancing the economic prospects and well-being of Canadians. The Canada First Research Excellence Fund will provide a significant boost for many of our post-secondary institutions, enabling our strongest and most innovative research programs to thrive and flourish,” Harper said on 4 December.
The inaugural round of the competition, which closes in March 2015, is worth up to $350 million over 7 years. A second competition will be launched in 2016. Applications must be made by institutions, not individual researchers, and proposals are required to have co-funding from industry, international partners, or philanthropic organisations.
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