The Canadian Innovation Commercialization Program (CICP) was announced in the 2010 federal budget as a two year pilot. It is designed to help bridge the pre-commercialization gap for Canadian businesses. The four priority areas under the CICP include environment, health, safety and security and enabling technologies.The current pilot phase ends at the end of fiscal 2012/2013.
CICP supports innovation as an acquisitions program not a grants and contributions program. The process is intended to be fair, open and transparent. iThe Calls for Proposals are available on MERX.com. Bidders will be instructed on how to submit proposals to the program. Once the bidding period has closed evaluations will be reviewed by experts with the National Research Council’s Industrial Research Assistance Program. This ranking will then be approved by an Innovation Selection Committee. This Committee will consist of private and public sector experts to confirm the ranking of evaluations.
If you are an innovator, business person or government representative interested in more information on this program Click here to view the Presentation which explains the program in more detail and provides contact information.