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Does CIDA under the CIDA-INC program make advances under its contribution agreements?

April 26, 2017advances agreements cida cida-inc contribution program

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Does CIDA under the CIDA-INC program make advances under its contribution agreements?

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No. Since the CIDA-INC program deals only with profit-making private sector companies, we expect the firms receiving a CIDA-INC contribution to cover the upfront costs and to claim payment only when a specific task (i.e. a deliverable) is completed.