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Industrial Research Assistance Program (IRAP) — Advisory Services

Up to $1,000,000,000
Type
PARTNERING AND COLLABORATION
EXPERT ADVICE
Application Difficulty
MEDIUM
Application DeadlineDecember 20, 2023
Time To Complete4 weeksProgram Budgetno cap
See If You Qualify

Highlights

Hello,

We understand that navigating the world of business funding can be overwhelming. That's why the NRC IRAP program is a fantastic opportunity for your business. It's not just about financial support; it's about having a team of over 250 Industrial Technology Advisors (ITAs) by your side. These experts offer technical and business advice from the very start of your project to its successful launch. With backgrounds in engineering and science, they bring a wealth of knowledge and experience to help guide your innovation journey.

What's in it for you? Access to a vast network of regional, national, and international partners. This means you get customized support, competitive intelligence, and connections to local financing sources. Imagine having a business support network that offers marketing, legal, and professional advice, along with research and development support. Whether you need help with problem-solving, technology partnerships, or business skills development, NRC IRAP has you covered. Plus, you'll find opportunities for knowledge transfer and networking, all designed to help your business grow and succeed.

Why apply? It's straightforward to qualify, and once approved, you'll have a trusted advisor and a network of resources at your fingertips. This program is tailored to help your business thrive, offering insights and connections that can make a real difference. If you're looking to innovate and expand, this is the support you need. Let's get started on turning your ideas into reality.

Financing Details

Grant: The financing provided is in the form of a non-repayable grant. This means that the funds you receive do not need to be paid back, offering a significant financial advantage without the burden of repayment terms or interest rates.

Eligible Expenses: The grant can be used towards a variety of expenses that are directly related to your innovation projects. These include costs associated with research and development, obtaining patents, and acquiring strategic intelligence. It is designed to support activities from concept to commercialization, enhancing your capacity to innovate and compete.

Restrictions on Use of Funds: It is important to note that the funds cannot be used for non-project related expenses. This includes routine operational costs such as salaries not directly tied to the project, office rental, or utility bills.

Fees: There are no application or processing fees associated with this grant. This makes accessing the funds more straightforward and cost-effective, allowing you to focus more resources on your innovation projects.

Qualifications

  • Business must be located in Canada.
  • Must be a small or medium-sized business.
  • Should be involved in innovation projects.
  • Must be seeking support in areas like research and development, technology, or business management.
  • Must be open to receiving technical and business advice.
  • Should be willing to engage with industrial technology advisors (ITAs).
  • Must be interested in networking and collaboration opportunities with universities, colleges, and other partners.
  • Business should be respectful and maintain a harassment-free environment in interactions with NRC employees.

Description

The National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) is here to support your business innovation projects. You get more than just financial help. You gain access to a team of over 250 Industrial Technology Advisors (ITAs) across Canada. These experts, with backgrounds in engineering and science, provide valuable technical and business advice. They help you from the start of your project to bringing it to market.

Benefit from a vast network. The program connects you with regional, national, and international partners. This means access to customized support, competitive intelligence, and local financing sources. You can also tap into specialized insights and resources from universities, colleges, and industry associations. This network offers you marketing, legal, and professional advice, along with research and development support.

Think of it as your own business support network. Whether you need help with problem-solving, technology partnerships, or business skills development, NRC IRAP has you covered. You'll also find opportunities for knowledge transfer and networking, all designed to help your business grow and succeed.

Program Steps

  1. Prepare Your Documentation
    Gather the necessary documents to support your application. You will need:

    • Business registration details
    • Financial statements (last two years)
    • Project proposal outlining your innovation project
    • Any relevant patents or intellectual property documentation
    • Resumes of key team members involved in the project
  2. Contact NRC IRAP
    Reach out to NRC IRAP by calling their toll-free number at 1-877-994-4727. This is a great way to ask any questions you may have about the application process.

  3. Complete the Application Form
    Fill out the application form provided by NRC IRAP. Ensure all sections are completed accurately and clearly.

  4. Submit Your Application
    Send your completed application form along with the prepared documentation to NRC IRAP. Make sure to keep a copy for your records.

  5. Follow Up
    After submission, follow up with NRC IRAP to confirm they received your application and to inquire about the next steps.

  6. Engage with Your Industrial Technology Advisor (ITA)
    Once your application is approved, connect with your assigned ITA. They will provide guidance and support throughout your project.

  7. Utilize Available Resources
    Take advantage of the extensive network and resources offered through NRC IRAP. This includes access to marketing, legal advice, and research support to help your business grow.

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