NRC — Aquatic and Crop Resource Development Research Centre

Type
RESEARCHERS AND FACILITIES
EXPERT ADVICE
Application Difficulty
HARD
Time To Complete4 weeksProgram Budgetno cap
See If You Qualify

Highlights

This program is a fantastic opportunity for your business. It offers collaborative research opportunities and access to expert researchers and technicians. You will receive scientific advice and technical services tailored to your needs, using specialized facilities. This can help you develop and transform agricultural and marine bioresources into high-value products.

What You Get:

  • Collaborative research opportunities
  • Access to expert researchers and technicians
  • Scientific advice and technical services
  • Projects tailored to your needs
  • Research and development support

By participating, you can strengthen your business and grow global markets. The program is designed to be accessible, making it easier for you to qualify and benefit from these resources.

Financing Details

Type of Financing: Grant

Repayment Terms and Interest Rates:

  • No repayment required.
  • No interest rates apply.

Eligible Expenses:

  • Research and development costs
  • Equipment purchases
  • Salaries for research staff
  • Materials and supplies
  • Travel expenses related to research activities
  • Costs associated with technology transfer

Ineligible Expenses:

  • General operational costs
  • Marketing and advertising expenses
  • Office supplies not related to research
  • Entertainment and hospitality costs

Fees:

  • No application or processing fees.

Qualifications

  • Business must be involved in the transformation of Canadian bio-based resources into higher-value products.
  • Must be engaged in agricultural or marine bioresources.
  • Should be involved in food, feed, ingredients, or other high-value bioproducts.

  • Disqualifications:

    • Businesses not involved in bio-based resources.
    • Companies outside the agricultural or marine sectors.

Description

This program offers your business a chance to receive up to $1,000,000. You can use this money to buy equipment, improve your facilities, or cover other essential costs.

Here's how you can use the funds:

  • Purchase new machinery or technology
  • Upgrade your production facilities
  • Invest in research and development
  • Enhance your product offerings

The money comes with favorable conditions. You have a flexible payback period, which allows you to repay the funds over several years, making it easier to manage your cash flow.

Why this matters to your business:

  • Boost your operations with new equipment and technology
  • Expand your capabilities and enter new markets
  • Strengthen your competitive edge with advanced research and development

This program is designed to help your business grow and succeed. It provides the financial support you need to take your operations to the next level.

Program Steps

  1. Gather Required Information:

    • Business name and contact details
    • Description of your business and its operations
    • Details of the project or research you plan to undertake
  2. Prepare Necessary Documentation:

    • Business registration documents
    • Financial statements (balance sheet, income statement, cash flow statement)
    • Business plan or project proposal
    • Proof of funding or financial backing
    • Any relevant licenses or permits
  3. Complete the Application Form:

    • Fill out the application form with accurate and detailed information about your business and the project.
  4. Submit the Application:

    • Submit the completed application form along with all required documentation to the designated submission portal or address.
  5. Follow Up:

    • After submission, follow up with the program contact to confirm receipt and check the status of your application.
  6. Respond to Requests for Additional Information:

    • Be prepared to provide any additional information or clarification if requested by the program administrators.
  7. Review and Sign Agreement:

    • If your application is approved, review the terms and conditions of the agreement. Sign the agreement to formalize your participation in the program.
  8. Implement the Project:

    • Begin your project or research as outlined in your proposal, adhering to any guidelines or requirements set by the program.
  9. Report Progress:

    • Provide regular updates and progress reports as required by the program to demonstrate the ongoing status and outcomes of your project.
  10. Complete Final Reporting:

    • Upon completion of the project, submit a final report detailing the results and impact of the project, including any financial expenditures and outcomes achieved.
Visit Program Website