NRC Industrial Research Assistance Program (IRAP): Who Qualifies and What You Get
Small businesses in Canada can access advisory services and funding to support technical research and development projects through this program.
This program provides specialized support to small businesses that are working on technical research and development to drive innovation within the Canadian market.
Who it's for
This program is designed specifically for small businesses that are focused on innovation and research and development (R&D). It is intended for companies that are tackling technical challenges through new methods or technologies rather than those simply looking for standard operational support.
What you get
Participants can access professional advisory services to help guide their technical direction and project management. Additionally, the program offers potential funding to help cover the costs associated with specific technical projects that are centered on innovation and technological advancement.
What it costs you
While the program provides financial and advisory support, there is a requirement in terms of your time and effort. You must develop and submit a high-level innovation project proposal that clearly outlines the technical goals and the research nature of your work.
The catch to know
The most important thing to understand is that this program is not a general business growth grant. It is not intended to fund everyday business expenses or standard scaling activities; the focus must remain strictly on research and development activities.
How to apply
- Determine if your business focus aligns with the program's emphasis on R&D and innovation.
- Prepare a high-level proposal that details your specific technical innovation project.
- Access the official government portal to review the submission requirements and contact the relevant authorities.