Industrial Research Assistance Program (IRAP): Who Qualifies and What You Get
Discover how businesses developing new technologies or processes can access advisory services and funding for research and development.
The Industrial Research Assistance Program (IRAP) provides specialized support to businesses that are working to create or improve new technologies or processes through research and development.
Who it's for
This program is specifically designed for businesses that are engaged in the development of new technologies or the creation of novel processes. It focuses on organizations that are pushing the boundaries of what is currently possible in their respective fields through technical innovation.
What you get
Participants in the program can access two main types of support to help their business grow. First, you can receive professional advisory services to help guide your business through technical challenges. Second, you can access funding intended to support your research and development (R&D) activities, helping to offset the costs associated with testing and creating new technological solutions.
What it costs you
While the program provides financial and advisory assistance, there is a requirement regarding the nature of your work. You must be able to demonstrate that your projects involve genuine innovation. This means your work must show significant technical advancement that goes beyond standard industry practices or existing methods of operation.
The catch to know
It is important to understand that this program is generally not intended for solo artists or individual freelancers working alone. The requirements of the program usually necessitate having a dedicated team or a very specific, high-level technological focus to be considered eligible for support.
How to apply
- Assess your current business activities to ensure they involve developing new technologies or processes.
- Identify the specific technical innovations you are working on to ensure they meet the standard of innovation required.
- Prepare to explain how your research and development goals align with the program's focus on technological advancement.
- Reach out to the issuing government body to discuss your specific business needs and eligibility.