Fundingportal Glossary


Academic and Research Organizations Universities and colleges, educational services, professional, scientific and technical services.
Accommodation and Tourism Organizations Hotels, tourism businesses, food services.
Acquisition/Merger/Exit Funding Funding to help purchase or sell a business.
Aerospace and Defence Organizations Aerospace and defence companies, manufacturers/ICT companies primarily serving this sector.
Aggregate data means summary level data that is comprised from individual components or data sets.
Agriculture, Agri-Food and Farming Organizations Farmers, food producers and processors, aquaculture, food and farming industry associations.
Application A new application or a re-submission of an unsuccessful application.
Arts, Culture and Community Organizations Culture-based organizations (theatres, dance schools, record producers, etc.), community organizations (libraries, community centres, non-profits, etc.).
Award Funding to support an approved project.


Benefits to Canada Specific benefits agreed to by the parties in favour of Canada and is a term included in the Investment Canada Act. See also net benefits to Canada.


Charity Registered charities.
Cleantech Organizations Companies that offer technologies that address climate change, clean air, water quality and soil, biofuel, alternative energy, energy and material efficiency.
Collaboration A business transaction in which two or more entities exchange value, which may be financial or in-kind, such as marketing or publicity.
Commercialization Funding Funding to bring a product or service to market; final stages of product development.
Company Business, enterprise, corporation or a firm, which may or may not be incorporated.
Comptrollership Clear accountabilities, effective control over resources, sound risk management and performance assessments, and an open reporting of results in relation to the expenditure of public funds.
Contribution Repayable financial contributions awarded by governments to an organization.
Corporate A business with more than 250 employees (full-time staff equivalents).


Deadline Deadline set to submit applications and are indicated in the funding opportunity descriptions and evidenced by the courier-stamp or date on the electronic submission.


Electronic approval of applications Method provided by the funder for the electronic approval of applications.
Eligible Costs Costs incurred in accordance with the project contract or cost principles and are not prohibited costs.
Energy Organizations Petroleum, gas, electrical, coal, nuclear.
Equipment/ Land/ Building Funding Funding to acquire new or improve existing equipment; funding to expand into new buildings; infrastructure funding.
Equity or equity investments Ownership stakes in the applicant company’s shares.
Export Funding Funding to develop or enter new markets; hire an export manager.


Fiscal year Funder’s fiscal year which in the case of the federal government, begins on April 1 and ends on the following March 31, or the fiscal year of the applicant.
Funding for Greening your Organization Funding to adopt eco-friendly processes or greener equipment; energy or resource conservation.
Funding for Labour Funding to hire or train new staff; interns; skills training; wage subsidies.


G&C or “Gs and Cs” Grants and contributions and is defined below.
Government funding program Grants, contributions, loans, vouchers and tax incentives offered by government to applicants as sources of industrial stimulus.
Grant Financial support that is not repayable provided by or through a government to an applicant to achieve a defined program objective.
Grants and Contributions Often referred to as “Gs and Cs,” government grants and contributions within the business marketplace are funding awards to businesses to support specific business and industrial policy objectives.
Grantee or grant holder Approved recipient of the funding.
Growth/Expansion Funding Operating capital; funding to grow your operations.

H , I

Healthcare and Life Sciences Organizations Medical, pharmaceuticals, life sciences (biology, biotech), health professionals, health care equipment and services, e-health.
Incentive Funding (grants, contributions, loans, tax credits, vouchers) disbursed by Canadian governments to support businesses and the economy.
Industrial and Technological Benefits (ITBs) Previously known as industrial and regional benefits, is a program established by Industry Canada to ensure that aerospace and defence companies winning contracts worth more than $100 million provide contracts of equivalent value to Canadian contractors. The Government is currently reviewing this program. More details will be provided in the Feb. 18 issue of theFundingReport newsletter.
Industrial Stimulus See “Incentives”.
In-kind contribution Cash equivalent contribution provided by a project partner that is relevant and required to carry out the funded project, such that it would have to be purchased by the recipient if the contribution were not provided by a partner.
Institution Universities, hospitals, colleges, research institutes, centres and other organizations eligible to
Innovation/Research and Development Funding Funding to conduct R&D activities or to fund the salaries of employees conducting R&D; product or service development; improve productivity.
Intellectual property All materials, concepts, know-how, formulae, inventions, improvements, industrial designs, processes, patterns, machines, manufactures, compositions of matter, compilations of information, patents and patent applications, copyrights, trade secrets, technology, technical information, software, prototypes and specifications, including any rights to apply for protections under statutory proceedings available for those purposes, provided they are capable of protection at law.
IT and Digital Organizations ICT, IT, digital media.


Job Creation Funding means funding to support all or part of an employee’s salary, and generally is applicable to persons with certain characteristics, such as students, interns, graduates or people with disabilities or aboriginal persons.


KT Knowledge transfer and is defined below.
Knowledge transfer or translation Dynamic and iterative process of doing research that includes the synthesis , dissemination , exchange of knowledge that is relevant to the program objectives among or even beyond members of the research team and during many or all stages of the research process.


Loan Type of public funding offered by some government departments and crown corporations to businesses on more favourable terms than commercial lenders, such low or no-interest loans.
Loan guarantees Type of public funding offered by some funding programs to businesses to eliminate the risk of non-payment by the borrower to the lender to assist the borrower in securing funding from a recognized financial institution.


Material change Changes that have an important impact on the project and must be reported to the funder and may result in a change in the project terms.
Milestones or project milestones Stages identified in the funding contract at which reports must be filed or other activities are required to comply with the contract.
Mining and Natural Resources Organizations Mining, environmental groups and services, forestry.


Net benefits to Canada Specific benefits agreed to by the parties in favour of Canada that exceed the benefits to the funding recipient and is a term included in the Investment Canada Act. See also “benefit to Canada.”
North American Industry Classification System (NAICS) NAICS is an industry classification system used by the Government of Canada and maintained by Statistics Canada.

O , P

Partner Organization with whom the applicant has a relationship that is characterized by mutual cooperation, collaboration and a shared responsibility to achieve a specific program objectives, but each organization has a separate identity and independent accountabilities. The formality of these relationships may vary and range from open, working relationships to more formal contractual collaborations.
Partnership Formalized working relationship between two or more organizations with separate identities and independent accountabilities and is based on mutual benefit and a clear understanding or agreement that sets out the shared objectives and terms of the arrangement.
Policy Set of rules, directives and guidelines published by the funding program.
Private financing program Canadian sources of venture capital (VC), angel financing, bank financing, private foundations and private investment available to applicant Canadian businesses.
Project Defined project described in detail in the application and approved by the funder for funding.
Proposal Proposed project prior to its approval for funding.
Protocol Document that describes the objectives, methodology, statistical analyses, organization, and administrative details of a research trial or other funded project.

Q , R

Repayable funding means funding that is technically a loan; grants, by definition, do not need to be repaid and contributions vary in this respect but generally do not need to be repaid, provided that they are used to achieve the Program objectives specified in the funding agreement.
Research Goal of understanding new solutions or devices that improve outcomes and may include scientific investigation.


Signature Original hand-written signature unless other means of signature are specifically provided for such as faxed, photocopied, scanned .pdf, .wpg, .tif or stamped and electronically inserted signatures.
Small Business and Startup A business with less than 250 employees (full-time staff equivalents).
Stakeholder Person or organization that has a shared interest in the project, through its involvement in the project, or by being geographic linked to the proposal or otherwise implicated in or affected by the proposal.
Startup Funding Funding to help entrepreneurs establish a new business.
Supplemental or supplementary instrument means an instrument in writing or, in common parlance, a document, which supplements the agreement such as a Schedule or Annex.


Tax refunds and tax credits Type of funding administered through the tax system that provides refunds or credits for certain eligible investments and are more widely available for businesses in Canada than loans, grants, contributions and other sources of public funding.
Technology Adoption/E-Commerce Funding Funding to adopt a new technology; acquire new software; develop e-commerce activities.
Telecommunications and Broadcasting Organizations Telecommunications service providers, wireless solutions, broadcasters.

U , V , W

Value Proposition is a new “rated and weighted” approach to evaluating the quality of defence procurement projects under the Industrial and Technological Benefit (ITB) program.
Voucher Vouchers are pre-paid fund flowing from a government agency to a research institution to conduct R&D, e-business or commercialization services on behalf of a business.
Wage subsidies Funding to support all or part of an employee’s salary, and generally is applicable to persons with certain characteristics, such as students, interns, graduates or people with disabilities or aboriginal persons.

X , Y , Z



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