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Regulatory Experimentation Expense Fund (view source)

Revision as of 09:51, 18 November 2022

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Starting in fiscal year 2023-2024, the total funding envelope available for the REEF is $1,400,000 per fiscal year. Projects can receive multi year funding when applicable. Funding will be available from April 2023 upon completion of a MOU with the successful applicant and TBS.

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Funding is made available on a cost recovery basis. The department is responsible to forecast their expenses and include the spending schedule in the MOU. The department will be expected to submit scheduled invoices to TBS to recover the expenses incurred as well as submitting financial forecast to allow TBS to decommit the funds that the department no longer plans on recovering.

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Funding is made available on a cost recovery basis. The department is responsible to forecast their expenses and include the spending schedule in the MOU. The department will be expected to submit scheduled invoices to TBS to recover the expenses incurred as well as submitting financial forecast to allow TBS to decommit the funds that the department no longer plans on recovering.

<big>'''How to Apply for Funding'''</big> The CRI uses a two-step process to make funding decisions. The first step is the submission of a high-level [https://view.officeapps.live.com/op/view.aspx?src=https%3A%2F%2Fwiki.gccollab.ca%2Fimages%2Fc%2Fc2%2FExpression_of_Interest_%2528EOI%2529_Template.docx&wdOrigin=BROWSELINK Expression of Interest (EOI)] that is used by the CRI to determine the eligibility of the project. Eligible EOIs will be invited to the second step being the submission of a [https://view.officeapps.live.com/op/view.aspx?src=https%3A%2F%2Fwiki.gccollab.ca%2Fimages%2Fa%2Fa6%2FProposal_Template.docx&wdOrigin=BROWSELINK proposal] intended to present the project in more detail and allow the interdepartmental DG-level CRI Steering Committee to confirm the project’s eligibility and rank the project using the assessment criteria.

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Successful EOI applicants will be invited to complete the second stage of the application process which is the submission of a full [[Media:Proposal Template.docx| proposal]]. Before developing a proposal, applicants should obtain the support of their Director General or above. The CRI supports applicants throughout the proposal development process. Regulators should refer to the [[:en:images/6/6b/CRI_Regulators'_Experimentation_Toolkit.pdf|Regulators’ Experimentation Toolkit]] to assist in identifying, designing, and carrying out regulatory experiments and sandboxes.

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Proposals will be assessed, and final funding decisions will be determined by an interdepartmental Steering Committee, made up of representatives from TBS, Privy Council Office, Innovation Science and Economic Development, Transport Canada, Environment and Climate Change Canada, Health Canada, and the Community of Federal Regulators.

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Proposals will be assessed, and final funding decisions will be determined by an interdepartmental Steering Committee, made up of representatives from TBS, Privy Council Office, Innovation Science and Economic Development, Transport Canada, Environment and Climate Change Canada, Health Canada, and the Community of Federal Regulators.

<big>'''REEF Process Map'''</big>

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EOI – Proposal –Funding Decision – MOU – Project start – Reporting – Sharing of Lessons Learned-------------------------------------------------CRI Support and Oversight------------------------------------------------

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EOI – Proposal –Funding Decision – MOU – Project start – Reporting – Sharing of Lessons Learned

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<nowiki>-------------------------------------------------</nowiki>CRI Support and Oversight------------------------------------------------

<big>'''Contact us'''</big>

Sarah.faulds

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