September 22, 2010 Strategic Aerospace and Defence Initiative (SADI) Program Overview.

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September 22, 2010 Strategic Aerospace and Defence Initiative (SADI) Program Overview

Transcript of September 22, 2010 Strategic Aerospace and Defence Initiative (SADI) Program Overview.

Page 1: September 22, 2010 Strategic Aerospace and Defence Initiative (SADI) Program Overview.

September 22, 2010

Strategic Aerospace andDefence Initiative (SADI)

Program Overview

Page 2: September 22, 2010 Strategic Aerospace and Defence Initiative (SADI) Program Overview.

Industrial Technology Office - Overview

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Strategic Aerospace and Defence Initiative

Launched in April 2007 as a replacement for the Technology Partnerships Canada (TPC) program.

SADI has funded 16 projects for a total of 440 millions.

SADI funding helps support companies that are investing in R&D, allowing projects to proceed successfully and generating benefits for Canadians.

SADI provides Canadian companies performing work in the aerospace, defence, space and security (A&D) industries with repayable contributions for strategic R&D projects.

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SADI Objectives

Encourage strategic R&D that will result in innovation and excellence in new products and services;

Enhance the competitiveness of Canadian aerospace, defence, space and security companies; and,

Foster collaboration between research institutes, universities, colleges, and the private sector.

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Eligibility Requirements

Companies must be incorporated under Canadian law.

The proposal must show that the company's project will consist of eligible activities: industrial research and/or pre-competitive development.

The project must include strategic R&D activities.

The applicant must demonstrate that government support is required to meet the scope and timing of the proposed project.

Strategic R&D and follow on benefits must occur in Canada.

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SADI Process - A Quick Rundown

Application

• Develop Proposal with assistance of SADI Officer

• Evaluate eligibility and conduct initial assessment

• Perform due diligence

• Approvals

• Contribution Agreement

Benefits Monitoring

• Manages those projects that are in their work (R&D) phase.

• Process requests for reimbursement of R&D expenditures

• Negotiate and execute amendments when required

• Monitor project benefits.

Repayments

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Proposal Assessment Criteria Company capability to achieve the stated objectives (company must

demonstrate that it has, or will have, all of the following:)

• Financial resources

• Management expertise

• A business plan (outlining how results/benefits in the proposal will be achieved), and

• Technical team’s experience and expertise

Technology Benefits (project must meet at least one of the criteria)

• Degree of strategic technology innovation and/or excellence

• Feasibility of R&D leading to product/service applications

Social and Economic Benefits (project must meet at least two of the criteria)

• Feasibility of achieving stated economic benefits or

• Technology diffusion to other companies or sectors; and

• Collaborative partnerships developed during the course of the project between research institutes, universities, colleges and the private sector

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Benefits Monitoring

Develop and maintain relationship with Recipients

Perform claims verification;

Undertake site visits;

Assess Annual Information Updates;

Perform Annual Risk Assessments;

Review Project Progress Reports and Annual Financial Statements;

Transition project to the benefits phase;

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Repayment

Based on Gross Business Revenue (GBR) - amounts due are easily verifiable with annual financial statements

Two repayment plans: Conditional or Unconditional

Repayment periods will generally not exceed 15 years

All projects treated using common methodology

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Conclusion

SADI program has established itself as a strong supporter of Canada’s A&D industries, recognizing the strategic importance of these industries to our national economy.

SADI projects are also laying the groundwork for future innovation by expanding Canada's expertise in key fields, transferring new technologies and knowledge through collaborations with partners and supply chains, and helping develop and maintain a highly skilled Canadian workforce.

SADI is building its success to continue helping even more Canadian aerospace and defence companies take on strategic industrial and pre-competitive R&D projects that allow them to innovate, collaborate and compete, both at home and abroad.

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Contact Information

Website: ito.ic.gc.ca

Email: [email protected]

Toll free (Canada): 1-800-266-7531

Toll free TTY (hearing impaired only): 1-866-468-1669

Industrial Technologies Office

Industry Canada

235 Queen Street, 7th Floor

Ottawa, ON K1A 0H5

Fax: 613-954-5649