2027 CFI Innovation Fund Timeline

Dear Colleagues,

In preparation for the anticipated Innovation Fund (IF) 2027 competition please see below, UBC’s internal timeline for the 2027 Innovation Fund competition ahead of the CFI call for proposals

*Please note, dates are subject to change as new information is released from the CFI (tentative CFI deadlines highlighted in blue, tentative Provincial deadline highlighted in grey).

The IPO will communicate CFI deadlines and confirm the UBC internal processes and timeline once we hear from the CFI.

2025
UBC Internal Expression of Interest (EOI)December 01, 2025
2026
CFI launches draft call for proposalsSpring 2026
CFI launches call for proposalsSpring 2026 (1 month following draft call)
UBC Internal deadline: Full internal proposal, including budget, CVs; UBC CFI envelope request for non-UBC lead projects.May 04, 2026
Internal review panelJune 22, 2026
UBC internal decision – Applicants notifiedJuly 06, 2026
CFI NOI – UBC internal deadline3 days prior to CFI NOI deadline
CFI deadline to submit notice of intent (NOI)October 2026
UBC Internal Deadline: full proposal submission to IPO for formative reviewNovember 02, 2026
Formative reviewNovember 03 – December 07, 2026
Draft BCKDF Step 1 deadlineDecember 07, 2026
Finance review and finalizationNovember 2026 to February 2027
2027
UBC Internal Deadline for final proposalLate January 2027
CFI Deadline to submit proposals (expected)February 2027
UBC Internal Deadline for final BCKDF Step 1March 2027 (1-2 weeks after CFI submission)
BCKDF Deadline to submit Step 1 applicationMarch 2027 (1 month after CFI submission)
CFI review processMarch 2027 – November 2027
CFI board of directors announce decisionNovember 2027

Pre-Competition Support

UBC CFI advisor, J9 Austin and the IPO team continue to be available to provide early-stage constructive feedback to allow potential applicants to develop the strongest proposal possible. Participation in test-your-concept (TYC) sessions at the early stages of proposal development is strongly encouraged as it will help applicants structure a timeline for planning and due diligence that will create a strong competitive advantage.

In particular, projects that may have significant construction or renovations in the budget will be required to participate in this process. Projects identifying major (Tier 4, Tier 5) construction/renovation costs at a later date (early 2026) are unlikely to be able to proceed since there will be insufficient time to go through the required institutional due diligence, and to fulfil CFI requirements. To determine your renovations or construction needs, please consult the Renovation and Infrastructure Cost Estimates (RICE) page

Please request a consult or Test Your Concept session here.