$150K Available for Sme's Developing Innovative Technology 

The National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) assists small and medium-sized Canadian businesses through advisory services and funding support to increase their innovation capacity. Project funding of up to $150,000 is typically awarded; although larger projects are approved on occasion.

Detailed Advice Offerred

• Acquiring / Adopting technology Business development 
• Business growth 
• Finding a strategic partner 
• Foreign Markets/Research & Access
• Improving productivity 
• Marketing/ Market development 

Eligible Applicants

• Must be an incorporated, profit-oriented small or medium-sized business in Canada
• Must have 500 or fewer full-time equivalent employees
• Must be planning to pursue growth and profit by developing and commercializing innovative, technology-driven new or improved products, services or processes in Canada

Eligible Activities 

• Product prototyping, development, or enhancements
• Supply chain diversification
• IP (internet protocol) assessments, planning, and strategy development
• New technology/ market feasibility studies; and Advanced technology adoption and adaptation

Eligible Costs

Costs considered to be eligible through NRC-IRAP include but are not limited to: 

• Hiring or training of staff
• R&D, product development, innovation
• Acquiring or Adopting technology
• Commercialization support
• Marketing/research /business development
• Other cost offsetting
• Prototyping
• Research/development
• Testing
• Wages/ training
• Business financing/Loans/Angel Investment
• Business Marketing/ Development/Research
• Business start-up/Entrepreneurship
• Intellectual property, Exporting, Tax