What does CFI mean in FOUNDATIONS
CFI is an abbreviation that stands for the Canadian Foundation for Innovation. Established in 1997, it is a non-profit organization that works to promote research and innovation in all fields throughout Canada. It facilitates investments in state-of-the-art infrastructure and tools for research projects; this ensures that universities, colleges, research hospitals and other organizations can undertake cutting-edge research with maximum results. This helps them to develop new technologies, increase knowledge and improve Canada’s quality of life.
CFI meaning in Foundations in Miscellaneous
CFI mostly used in an acronym Foundations in Category Miscellaneous that means Canadian Foundation for Innovation
Shorthand: CFI,
Full Form: Canadian Foundation for Innovation
For more information of "Canadian Foundation for Innovation", see the section below.
CFI Full Form
The full form of CFI stands for Canadian Foundation for Innovation; it provides funding support in university and college labs across Canada. The purpose of this foundation is to develop important STEM disciplines such as digital technology, engineering, mathematics computer science, biology etc., which are essential for an effective innovation system. CFI delivers several research investments related programs such as their Leaders Opportunity Fund (LOF), Major Science Initiatives Program (MSIP), Infrastructure Operations Fund (IOF). They also provide Joint Initiative In Research & Development program (JIRD). All these programs are meant to promote innovation in Canadian universities or institutions through increased investment in strategic initiatives as well as offering assistance beyond what universities typically receive from government sources.
Essential Questions and Answers on Canadian Foundation for Innovation in "MISCELLANEOUS»FOUNDATIONS"
What is the CFI?
The Canadian Foundation for Innovation (CFI) is an independent not-for-profit corporation created by the Government of Canada to fund research infrastructure. It works in partnership with Canada's research universities, colleges, polytechnics and other not-for profit institutions to strengthen the capacity of Canada’s university researchers and college faculty to provide the researches that help create jobs, strengthen Canada's economy and improve the quality of life for all Canadians.
How does CFI fund research infrastructure?
CFI provides support for infrastructure projects by making contributions towards eligible costs associated with infrastructure purchases that support a wide range of research activities. Projects are funded through investment agreements between CFI and its partner institutions.
Who can apply for CFI funding?
Eligibility requirements vary depending on whether you are applying as an institution or as an individual researcher supported by your institution. For institutional applications, eligible candidates include all Canadian postsecondary education institutions, including universities, colleges, polytechnics and other not-for profit organizations in Canada accepted by CFI as partner institutions with whom it has entered into Investment Agreements.
Is there a limit on how much money will be awarded through a single project?
Yes. Generally speaking, CFI will contribute up to 50% of incremental eligibile costs (up to $50 million) for any given Infrastructure Grant application from any single source institution.
How long does it take to get approval after submitting my application?
The review process typically takes 10 week but can vary depending upon the complexity of the proposal submitted. Following approval by CFI's Board of Directors, applicants receive notification from the Partner Liaison Manager approximately 2 weeks following board review.
How do I know what type of infrastructure is eligible for funding?
The list divides into five major categories including laboratory equipment; information technology; data management systems; instrumentation; and library collections/publisher subscriptions/database licenses/other resources.
How often are new calls issued?
Calls are generally issued every two years when new funds become available from partners or government programs; however there may be additional calls if funds become available outside these timelines or due to special circumstances.
Final Words:
In conclusion, the Canadian Foundation for Innovation (CFI) plays an integral role in providing a great platform for innovators across Canada and promotes major advances in scientific knowledge – something that would not be possible without its investments within university labs across the nation’s campuses. With its strong commitment towards helping drive innovative research practices among leading postsecondary institutions while creating a more competitive market landscape within Canada’s technology sector – CFI is certainly one organization worth keeping an eye on!
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