The National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) provides advice, connections, and funding to help Canadian small and medium-sized businesses develop, adopt or adapt new or improved technologies at any stage of innovation and take ideas to market.
Eligibility
If you’re a small or medium-sized Canadian business pursuing technology-driven innovation, you may be eligible for financial support from NRC IRAP, which provides funding to support research and development projects at various stages of the innovation cycle.
- you are an incorporated, profit-oriented small or medum-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
Additional Requirements
- a business plan or pitch deck
- a copy of your company financials
- resumes or biographies for each member of the management team and technical team on staff
Application Open Date (Status)
Open
Application End Date (Deadline)
Continuous Intake
Funding Limits
Non Repayable funding up to $10 million Covers 75% eligible costs
Funding rules are strictly bound to the terms of the successful Grant Application. To support the implementation of the plan, you will be able to apply for a zero-interest loan from the Business Development Bank of Canada (BDC) for up to $100,000.
Purpose & Commonly Used For
- Develop, adopt or adapt new or improved technologies at any stage of innovation
- Intellectual Property
- Attract new talent
- Hire young grads and interns
- International collaboration
- Consultation services
More Information
As a part of the National Research Council of Canada working as an extension of traditional NRC IRAP support, the additional funding for larger research and development projects is targeted toward firms that will have demonstrated the program’s ability to grow rapidly and significantly. These firms will be identified by NRC IRAP to help recipients of this increased funding threshold achieve transformative growth within 5 years of completing their project and, in so doing, significantly benefit Canada’s economy.
For more information on this Grant and other Federal Government of Canada initiatives please visit The National Research Council of Canada.
