NRC — Coastal Wave Basin - Research Facility
Highlights
This program is a fantastic opportunity for your business. It offers world-class, customizable testing facilities to assess and optimize your infrastructure projects, marine vehicles, and operations. By collaborating with the NRC, you gain access to extensive expertise in engineering fields, ensuring your designs perform well under both operational and extreme conditions.
What You Get:
- Comprehensive wave synthesis and generation software for a wide range of wave conditions.
- High-efficiency wave absorbers with less than 5% reflection.
- Simultaneous generation of waves and currents for realistic testing.
- Full range of instrumentation systems for precise measurements.
- Data acquisition on up to 64 channels at 1000 samples per second.
Why Apply?
- Improve performance, increase safety, and reduce lifecycle costs of your projects.
- Easy access for heavy equipment to support construction model bathymetries and structures.
- Professional staff with extensive experience in complex ocean, coastal, and river environments.
Qualifying for this program is straightforward, making it an excellent choice for businesses like yours looking to innovate and commercialize effectively.
Financing Details
Type of Financing: Grant
Eligible Expenses:
- Research and development costs
- Equipment purchases
- Salaries for research staff
- Materials and supplies
- Travel expenses related to research activities
Use of Funds:
- Funds cannot be used for general operational expenses.
- Funds cannot be used for marketing or advertising.
- Funds cannot be used for debt repayment.
Fees:
- No application fees.
- No administrative fees.
Qualifications
- Must be a business involved in infrastructure project designs, marine vehicles, or marine operations.
- Must be interested in assessing performance in operational and extreme conditions.
- Must be looking to improve performance, increase safety, and reduce lifecycle costs.
- Must be able to utilize customizable testing facilities.
Must be able to collaborate with professional staff experienced in engineering fields related to ocean, coastal, and river environments.
Disqualifications:
- Businesses not involved in infrastructure, marine vehicles, or marine operations.
- Businesses not interested in performance assessment or optimization.
- Businesses unable to utilize or access the testing facilities.
- Businesses not requiring collaboration with engineering professionals in ocean, coastal, and river environments.
Description
This program offers your business a chance to receive up to $1,000,000. You can use up to $500,000 of this amount to buy equipment or improve your rented space.
Eligible expenses include:
- Commercial kitchen appliances
- Manufacturing machinery
- Computers and IT infrastructure
- Renovating a retail space
For other costs like software or operational expenses, you can get up to $150,000.
The federal government guarantees 85% of the loan, providing a significant security net for you.
Flexible repayment options are available. You can choose between a variable interest rate, a fixed one, or a combination of both.
You have up to 15 years to repay the loan, regardless of what you spend it on.
Program Steps
Gather Required Documentation: Prepare the necessary documents for your application. These include:
- Business registration details
- Financial statements (balance sheet, income statement)
- Business plan
- Project proposal detailing the intended use of the facility
- Any previous research or development work related to the project
Complete the Application Form: Fill out the application form provided by the National Research Council Canada. Ensure all sections are completed accurately.
Submit the Application: Submit your completed application form along with the required documentation to the designated contact email: [email protected].
Review and Follow-Up: After submission, monitor your email for any follow-up questions or requests for additional information from the NRC staff. Respond promptly to ensure a smooth review process.
Await Approval: The NRC will review your application and documentation. This process may take some time, so be patient and prepared to provide further details if needed.
Finalize Agreement: If your application is approved, you will receive an agreement outlining the terms and conditions. Review this document carefully, sign it, and return it as instructed.
Begin Project: Once the agreement is finalized, you can start utilizing the NRC facilities as per the terms agreed upon. Ensure you adhere to all guidelines and timelines specified in the agreement.