In a move to accelerate research with strong commercialization potential in local companies, Genome BC has launched a new funding competition entitled, Strategic Opportunities Fund for Industry (SOFi).

The fund is designed to support small to medium-sized life science enterprises (SMEs) incorporated in BC working on genomic applications relating to agriculture, bioenergy, environment, fish and fisheries, forestry, human health and mining.

The SOFi program has a budget of at least $8M, with $2M from Genome BC, and will focus on supporting projects of approximately $400,000 to $1,000,000. Up to 25% of approved eligible costs of a project will be covered under this fund for a maximum of two years. The fund is open to SMEs operating in BC in the pre-commercialization stage in all the life science sectors. However, national and international collaborations are strongly encouraged.

Application involves a two-step process. Interested organizations should first register their intent with Genome BC. Competitive projects that meet all thematic criteria will then be invited to apply.

Complete program guidelines are available here (pdf).

The application form is available here (doc).

Please direct all queries regarding this program via email to sofi@genomebc.ca.