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Industrial Research Assistance Program (IRAP) | National Research Council Canada (NRC):

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Value

In 2018‑2019, NRC IRAP was mandated to expand its support to include an increased funding threshold of up to $10 million for larger research and development projects.

Description

If you’re a small or medium‑sized Canadian business pursuing technology‑driven innovation, you may be eligible for financial support from NRC IRAP. We provide this funding to eligible firms under our technology innovation projects and youth employment strategy programs.

Eligible Applicants

  • you are an incorporated, profit-oriented small or medium-sized business in Canada
  • you have 500 or fewer full-time equivalent employees
  • you plan to pursue growth and profit by developing and commercializing innovative, technology-driven new or improved products, services or processes in Canada

Eligible Expenses

Upon determining that NRC IRAP support could benefit your development and growth strategies, they will refer you to an industrial technology advisor (ITA). Your ITA may meet with you in person to understand your business in more detail, including your business strategy, the issues you face, opportunities for growth and your plans for the future. This information will help the ITA develop a diagnostic to identify perceived gaps and recommend strategies for addressing them.

Following your ITA’s assessment of your business and proposed project, they may invite you to develop a project proposal for financial support through NRC IRAP. They will assess your proposal within three months, taking into consideration:

  • the project’s technical aspects and potential impacts on your business
  • your business, management, and financial capacity
  • your assessed potential to achieve expected results
  • your commercialization plan
  • the overall market and commercialization opportunity
  • the anticipated benefits to Canada

If successful, you’ll receive the financial contribution to share the costs of your R&D project activities, and you will need to submit monthly reimbursement claims to NRC IRAP. Your ITA will support you throughout your project.

Deadline Date

Ongoing.

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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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