Maybe I should first just address why we took that approach in terms of a matching fund. In some ways the program is really geared to trying to incent the suppliers to make investments where we think the future of the car industry is going. It's really taking higher risk, and we're trying to incent small or medium-sized companies to participate, companies that may have difficulty in accessing the right financing and in taking the risks that are necessary.
We're really trying to make sure that we're touching what we talked about, the TRL levels four to seven, which are really after basic research but before commercialization. It's really trying to make sure that we can fill that gap to essentially commercialize the discoveries. We see that as a tremendous opportunity in the sense of where the industry is going and what is being demanded. You think about the environmental regulations, safety regulations, and also in terms of what consumers are demanding. The suppliers will really need to be there to be able to participate in the cars of the future, participate in the supply chains in Canada, and also participate in global value chains around the world.
Talking about accountability, you really have to have a robust review, as you mentioned, in terms of making sure that we get value for money in terms of where we invest. We do plan on having a thorough due diligence that will be made by third parties as well as having an advisory committee or a common steering committee that will be reviewing the applications to make sure that we really are making investments in where the future is going and drawing on the strengths that already exist in Canada.