The Canadian Federal Budget 2018 was released last week to much interest from business leaders and industry analysts. This year, innovation was again a top priority of the federal government, highlighted by the increase in funding support for several research and development funds. Unlike the previous two Liberal budgets, however, there will be considerable changes…
Sculpin QA has been awarded nearly $900,000 in small business grants and loans to enhance VR technology by developing new tabletop games. The company has strategically leveraged a mix of federal and provincial funding, which will be used to hire additional support staff to develop, test, and market its newest gaming software. The contribution will…
Marine technology manufacturer, Kraken Sonar Systems Inc., will receive up to $1.47 million in NRC IRAP research grants to support the development of underwater robotics. This investment will help the company develop a technology demonstration platform to increase Autonomous Underwater Vehicle (AUV) capabilities. The contribution will be provided through the NRC-IRAP Mid-Size Project program, which…
The Canadian Federal Budget 2017 was released last week to much interest from business and industry analysts. There was significant speculation surrounding the budget to see what direction Prime Minister Trudeau will be taking. Shortly after Minister Bill Morneau presented the budget to the House, it became clear that the Liberal government will continue investing…
Update: The National Research Council (NRC) now offers project-based funding through a single Industrial Research Assistance Program (IRAP). Please visit the NRC-IRAP Research Project Contributions page for more information. The National Research Council Canada (NRC) created the Industrial Research Assistance Program (NRC-IRAP) as a suite of Canadian government funding programs that assist small and mid-sized…
Update: The National Research Council (NRC) now offers project-based funding through a single Industrial Research Assistance Program (IRAP). Please visit the NRC-IRAP Research Project Contributions page for more information. Innovative Canadian businesses who invest heavily in internal research and development activities understand the strain that it can put on company resources. SMEs are heavily impacted…
Update: The National Research Council (NRC) now offers project-based funding through a single Industrial Research Assistance Program (IRAP). Please visit the NRC-IRAP Research Project Contributions page for more information. Businesses with substantial internal research and development projects may access a variety of Canadian government funding options. Available at the federal and provincial levels, research grants…
New details have been released regarding the Government of Ontario’s commitment to green energy grants and incentives for business. The low-carbon economy that is being proposed by Ontario’s government will seek to raise funds from a variety of carbon-emitting activities and reinvest those funds into the economy by supporting clean technologies. Businesses in Ontario, especially…
A manufacturer based in the region of Chatham-Kent has undergone substantial growth in recent years, increasing their revenues, employees, manufacturing abilities, and position as a manufacturing leader. The company’s expansion has largely been enabled by receiving Canadian government funding for their strategic projects. By being able to accomplish more strategic projects in less time, the…
Recently, “innovation” has become one of the most popular buzzwords in Canadian business, politics, and the economy. While there are many definitions of innovation, it can simply be stated that innovation entails revolutions to make the subject matter faster, more efficiently, or simply better than previous version, sometimes creating a completely new product/technology category altogether….