Applicants should be focused on, industry-led, collaborative initiatives;
Should consist of an applicant willing to take the lead and collaborative partners that are also incorporated in Canada; all parties of the collaboration should be members of CFIN;
At least one SME (fewer than 500 employees) with lower than $50 million gross revenues annually;
At least two independent private sector companies;
If a larger number of partners are included, a diversity of organizations, companies and SMEs, universities, colleges, research centers, etc. is encouraged; and
Research and development should be conducted at Technology Readiness Levels (TRLs) one to seven.