Changes

| style="background-color: #ffffff;" | '''CRI Assesses Expression of Interest'''

| style="background-color: #ffffff;" | '''CRI Assesses Expression of Interest'''

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After the submission deadline, there will be a review period where: The CRI team will provide feedback on submitted EOIs, applicants may be asked to update or clarify aspects of their EOI. This iterative process ensures all EOIs are as strong as possible before final assessment

After the submission deadline, there will be a review period where: The CRI team will provide feedback on submitted EOIs, and applicants may be asked to update or clarify aspects of their EOI. This iterative process ensures all EOIs are as strong as possible before final assessment.

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When there are many high-quality Expressions of Interest (EOIs), the CRI will consult the SC to prioritize those that:

When there are many high-quality Expressions of Interest (EOIs), the CRI will consult the SC to prioritize those that:

* Foster innovation applicable across multiple sectors

* Foster innovation applicable across multiple sectors

* Align with key government initiatives

* Align with the Government of Canada's [https://www.canada.ca/en/government/system/laws/developing-improving-federal-regulations/red-tape-reduction-office/red-tape-review.html Red Tape Review], or support market innovation

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| style="background-color: #f2f2f2;" | '''Proposal Submission'''

| style="background-color: #f2f2f2;" | '''Proposal Submission'''

#* Public Benefits: Extent to which Canadians will benefit from the experiment's learnings

#* Public Benefits: Extent to which Canadians will benefit from the experiment's learnings

#* Viability: Likelihood of delivering sought learnings, including risk assessment and mitigation

#* Viability: Likelihood of delivering sought learnings, including risk assessment and mitigation

#* Alignment with the Fund Objective: How well the proposal aligns with the overall goals of the funding initiative

#* Alignment with the Fund Objective: How well the proposal aligns with the overall goals of the REEF

'''Funding Decision'''

'''Funding Decision'''

Projects selected for funding in the 2026/2027 fiscal year will be required to complete a Memorandum of Understanding (MOU) with the CRI. Funded projects must also follow a regular reporting schedule, which includes financial forecasting, progress reports, and a final report.

* MOU completion required

* Regular reporting needed (financial forecast, progress, and final reports)

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| style="background-color: #f2f2f2;" |'''Memorandum of Understanding'''

| style="background-color: #f2f2f2;" |'''Memorandum of Understanding'''