The Industrial Research Assistance Program (IRAP) has helped businesses across Canada improve their commitment to internal research and development, allowing some businesses to use their business funding grants for R&D each year. IRAP continues to evolve their programs around the needs of the business community, as seen in the launch of the Business Innovation Access…
Ottawa, ON. Last week (Nov. 17, 2014) The National Research Council of Canada (NRC)’s Industrial Research Assistance Program (NRC-IRAP) announced that it would fund an Orleans, Ontario robotics firm up to $349,000 to develop and assist in the commercialization of the next generation of unmanned aircraft systems in the 25kg class. This new round of…
A wide range of government funding programs are periodically available to support businesses’ various strategic initiatives. However, applicants should be aware of the turnaround time on submitted applications before committing to a specific Canadian government funding program. Unlike tax credits, which focus on retroactive reimbursement, small business funding grants and loans require applicants to pre-plan…
The National Research Council of Canada (NRC) offers one of the most generous funding for hiring opportunities available for innovative small and medium-sized businesses in Canada. The funding program is called the Youth Employment Program (YEP) and it is administered through the Industrial Research Assistance Program (IRAP). IRAP Youth Employment Program (YEP) Canadian Business Grants…
The Industrial Research Assistance Program (IRAP) launched a new funding incentive for small businesses called Business Innovation Access Program (IRAP- BIAP). Launched in April 2014, BIAP is an R&D funding voucher administered by the National Research Council of Canada (NRC) as a new program in IRAP’s funding portfolio. The program is suited for small and medium…
There are several options for companies engaged in developing interactive digital media products in Canada, including: Ontario government grants, Canadian small business loans, and both national & provincial tax credits. It is important to understand the difference between these funding instruments in order to maximize a digital media firm’s funding potential while improving project scope,…
Innovation has been identified by the Canadian government as an area of investment to fuel economic growth and prosperity. Thus, several research and development grants, loans, and tax credit are offered through the government to help promote innovation from Canadian-based corporations. It is important that Canadian SMEs understand the best application of various R&D funding…
The National Research Council of Canada (NRC) provides Canadian government funding opportunities to small businesses looking to develop or implement innovative technologies and processes. The Canadian grant funding program provided through NRC is called the Industrial Research Assistance Program or “IRAP”. IRAP offers funding for various sizes of projects with the IRAP Midsize project funding…
The Minister of State (Science & Technology), Greg Rickford, and the President of the National Research Council (NRC) were in Brampton, ON to announce a new 2-year pilot funding program called Business Innovation Access Program. Canadian Government Grants to Support Innovative SMEs Business Innovation Access Program (IRAP- BIAP) is a new Canadian government grants program that leverages…
National Research Council Canada (NRC) provides a number of services to growing small to mid-sized businesses across Canada, including providing of financial assistance through NRC Industrial Research Assistance Program (IRAP) to in order to undertake technology innovation. NRC-IRAP funding is typically released on April 1st of every year, which coincides with the start date of…