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Canada-Japan Corporate Co-innovation Program | National Research Council Canada (NRC)

January 31, 2025

Value

Up to a maximum total funding amount of $75,000 CAD over 6 to 8 months.

Description

The National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) has identified Japan as a priority market to assist Canadian small and medium-sized enterprises (SMEs) to engage in co-innovation partnerships to access Japanese global value chains.

Eligible Applicants

  • The Canadian SME applicant must:
    • be an incorporated, profit oriented small or medium-sized business in Canada
    • have 500 or fewer full time equivalent employees
    • pursue growth and profit by developing and commercializing innovative, technology driven new or improved products, services or processes in Canada
    • have a differentiated and protectable technology with commercial potential in global markets
    • have sufficient working capital (e.g., revenue, investment, etc.) and resources to undertake a multi-year R&D collaboration and commercialize the results
    • be committed to significant growth through international market expansion
  • Preference may be given to SME applicants who:
    • have a minimum of 10 full-time equivalent employees
    • have commercialized 1 or more products domestically or internationally
    • have greater than $500,000 CAD in annual revenue

Eligible Expenses

Eligible Canadian SMEs may receive up to 50% reimbursement of eligible project costs up to a maximum total funding amount of $75,000 CAD over 6 to 8 months. All selected projects must start after April 15, 2025.

Upon successful completion of the proof-of-concept project, Canadian SMEs may be eligible for additional funding to support further co-innovation developments with the same Japanese corporate partner.

Through this program, the Japanese corporate partner will be participating on a self-funded basis. In addition, they must provide in-kind resources to the Canadian applicants, such as:

  • access to unique facilities in real-field-conditions for innovation testing
  • use of internal services, expertise, knowledge, data-sets or equipment
  • expertise and consulting to co-develop the innovation
  • regulatory and legal guidance to ensure compliance in Japan and internationally
  • assistance in co-commercialization of product with relevant local business partners

Deadline Date

Canadian registration deadline: January 31, 2025

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There is grant money waiting for YOU! BUT if you step in a “grant trap,” your application is a NO! Learn the FIVE most common errors to AVOID in government grants! Get the 5 Grant Gotchas now to save you countless hours.

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