# The Foundation · CFIR

> Who CFIR is, how it's run, and where the money goes — the board, the financials, the registration, and the plain answers, in one place.

Source: https://research.ca/about/
Language: en-CA

CFIR · The Foundation

The Foundation

Canada deserves more entrepreneurs. We believe it starts with the knowledge of how to build a business. That is the mission — and this page is the record: every fact about the Foundation, in one place.

Registration

Corporate registration.

Legal name

Canadian Foundation for Innovation and Research (CFIR)

Legal form

Federal not-for-profit corporation, Canada Not-for-profit Corporations Act

Corporation no.

1674045-6

Verify in the federal registry

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Business no.

718160229RC0001

Incorporated

11 February 2025

Registered office

909 Alness St, Toronto, ON M3J 2J1, Canada

Name and record

Who we are ›

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What we fund

Scholarships, seed grants, and research.

Scholarships

Full tuition for the three programmes at YEDI

The scholarships ›

Seed grants

Capital for ventures out of the Incubator, applied for after the programme and decided by YEDI’s venture fund

The grants ›

Research

Applied research, published open-access

The studies ›

How it works

The Foundation and its designated institution.

CFIR is the funding side: it raises capital from corporate partners and funds full scholarships, seed grants, and open research.

The education happens at the York Entrepreneurship Development Institute (YEDI) in Toronto — the Foundation’s designated institution. YEDI reviews the applications, admits the people, educates them through the three programmes, and runs the Venture Fair where each cohort presents. Seed grants are applied for after the programme and decided by YEDI’s venture fund.

Funding sits with the Foundation; admissions sit with YEDI. The companies that fund the education play no part in selecting who receives it.

The designated institution ›

The board

Directors and management.

Director

Anna Svirski

Benjamin Peleg

Aleksandr Vinokurov

Corporate Partnerships Manager

Nikita Tiurin

Directors’ compensation

Voluntary — the board serves without remuneration

The partners

Corporate partners.

Companies that agree with the mission and provide the capital

Our partners ›

Become a partner

Every partnership began with a short conversation

Partner with us ›

Financials

Financial statements.

Latest annual report

Annual Report 2025 · PDF ›

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Operations

Statement of Operations 2025 · PDF ›

Financial position

Statement of Financial Position 2025 · PDF ›

Contact

Contact information.

Partnerships

partnerships@cfir.org

Press & general

info@cfir.org

Apply to a programme

yedi.ca

Working languages

English and French

909 Alness St, Toronto, ON M3J 2J1

Questions

Frequently asked questions.

Is CFIR part of YEDI?

CFIR and YEDI are two separate corporations. CFIR funds the work; YEDI admits the people and educates them.

Does CFIR fund other organizations or projects?

CFIR’s funding goes to the work at its designated institution — the scholarships, the seed grants its venture fund awards, and the research it publishes.

Can our company direct its sponsorship to something specific?

What a partnership funds is settled in conversation and recorded in the framework agreement. Start at partnerships@cfir.org.

Can I apply to CFIR for a scholarship or a seed grant?

Applications go to YEDI: it admits the people, and its venture fund decides the seed grants that graduates apply for. Start at yedi.ca.

Where does the operating budget come from?

A small slice of sponsorship income covers operations; the Statement of Operations shows it to the dollar. Everything else goes to the programmes.

I received an email saying CFIR awarded me money. Is it real?

CFIR writes only from @research.ca and @cfir.org, and never asks for fees. Scholarships and seed grants are administered by YEDI — when in doubt, forward the message to info@cfir.org.

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