More Federal Grant Money

IRAP and Youth Employment Program

Through Canada’s Economic Action Plan, the federal government is providing additional funding to the National Research Council’s Industrial Research Assistance Program (NRC-IRAP) to enable it to temporarily expand its initiatives for small and medium-sized enterprises. NRC-IRAP will receive total additional funding of $200 million over two years, starting in 2009-2010. From this incremental funding, the program will provide $170 million over two years for contributions to companies. Another $30 million will help companies hire over 1,000 new post-secondary graduates.

More information is available at the National Research Council.

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