Launched in 2008, the Canada Excellence Research Chairs (CERC) Program supports Canadian universities in their efforts to build on Canada's growing reputation as a global leader in research and innovation. The program awards world-renowned researchers and their teams up to $10 million over seven years to establish ambitious research programs at Canadian universities. These awards are among the most prestigious and generous available globally. A tri-agency initiative The CERC program is a tri-agency initiative of the Social Sciences and Humanities Research Council (SSHRC), the Natural Sciences and Engineering Research Council and the Canadian Institutes of Health Research. It is administered by the Tri-agency Institutional Programs Secretariat (TIPS), which is housed within SSHRC.