Applied Research and Development Grants — Industrial Partner
Highlights
This program is designed for businesses like yours that are looking to innovate and grow through research and development. By partnering with Canadian colleges, you can access up to $150,000 per year for 1 to 3 years. This funding supports projects that can drive economic, social, and environmental benefits.
Why Apply?
- Access to Expertise: Collaborate with college researchers and gain access to unique knowledge and capabilities.
- Skill Development: Train college students in essential technical skills, benefiting your organization.
- Shared Costs: Direct project costs are shared, reducing your financial burden.
What's in it for You?
- Flexible Financing: Funding can be used for a wide range of R&D activities, tailored to your needs.
- Strong Partnerships: Build and strengthen research links with colleges and other institutions.
- Economic and Social Benefits: Contribute to the broader community while advancing your business goals.
Applying is straightforward, and with the right partner organization, you can easily qualify. This program offers a unique opportunity to leverage government-backed support for your business's innovative projects.
Financing Details
Type of Financing: Grant
Repayment Terms and Interest Rates:
- No repayment required for the grant amount received.
- No interest rates applicable as it is a grant, not a loan.
Eligible Expenses:
- Expenses related to research and development projects in collaboration with college researchers.
- Costs associated with project implementation, equipment, materials, and personnel.
Ineligible Expenses:
- Funds cannot be used for general operating expenses unrelated to the R&D project.
- Not to be used for personal expenses or non-project related costs.
Fees:
- No fees associated with the grant program.
Qualifications
- Must be a Canadian college (including CEGEPs and polytechnics).
- Must be eligible to administer grants from at least one of the three federal granting agencies (NSERC, CIHR, or SSHRC).
Must have at least one partner organization (in the private, public, or not-for-profit sectors) whose cash contribution is recognized for cost sharing with NSERC.
- Disqualifications:
- Institutions not eligible to administer grants from NSERC, CIHR, or SSHRC.
Description
This program offers your business up to $150,000 per year for research and development projects. The funding can be used for a variety of purposes, including accessing unique knowledge and expertise from colleges and universities, training students in essential technical skills, and fostering collaborations that provide economic, environmental, health, or social benefits.
Key benefits include:
- Access to specialized knowledge and expertise from Canadian colleges and universities.
- Training opportunities for college students in technical skills needed by your organization.
- Collaborations with other institutions to drive innovation and achieve common goals.
The funding is shared between your organization and the funding agency, and projects can last from one to three years. This program is a great way to strengthen your research capabilities and contribute to broader economic and social benefits.
Program Steps
1. Create an Account on the Research Portal:
- Visit the Research Portal website.
- Create an account or log in if you already have one.
2. Identify and Confirm Partner Organization(s):
- Ensure you have at least one partner organization from the private, public, or not-for-profit sectors.
- Confirm their cash contribution for cost sharing with NSERC.
3. Prepare Required Documentation:
- Gather the following documents:
- Detailed project proposal
- Budget justification
- Partnership agreements
- Institutional eligibility confirmation
- Letters of support from partner organizations
- CVs of key researchers involved
4. Complete the Application Form:
- Access the application form through the Research Portal.
- Fill in all required fields, including project details, budget, and partner information.
5. Review Equity, Diversity, and Inclusion (EDI) Requirements:
- Ensure your application addresses EDI considerations.
- Include any relevant EDI plans or initiatives in your proposal.
6. Submit the Application:
- Review your application for completeness and accuracy.
- Submit the application through the Research Portal.
7. Monitor Application Status:
- Log in to the Research Portal to check the status of your application.
- Respond promptly to any requests for additional information or clarification.
8. Await Decision and Follow Up:
- Wait for the decision from NSERC.
- If approved, follow the instructions provided for the next steps, including funding disbursement and project initiation.