NRC — Offshore Engineering Basin — Research Facility
Highlights
This program is designed for businesses like yours that operate in marine or offshore engineering. It offers a unique opportunity to test and validate your marine systems in one of the most advanced indoor model ocean facilities in the world. By participating, you can significantly reduce the risks and costs associated with bringing your innovative technologies to market.
Key Benefits:
- Access to world-class testing facilities: Simulate real-world marine conditions with multi-directional waves, currents, and wind.
- Comprehensive testing capabilities: Evaluate seakeeping, maneuvering, wave energy conversion, and more.
- Expert support: Leverage the extensive experience of our in-house research staff in advanced engineering for complex water environments.
Why Apply?
- De-risk your innovations: Test your concepts in a controlled environment to ensure performance, efficiency, and safety.
- Accelerate time to market: Our customizable service options and unique expertise help bring your products to market sooner.
- Easy qualification: If your business fits the required criteria, you can easily qualify for this program.
Partnering with us early in your research and development efforts can provide you with a competitive edge, ensuring your marine systems are market-ready and reliable.
Financing Details
Type of Financing: Grant
Eligible Expenses:
- Research and development activities
- Equipment and materials directly related to the project
- Salaries and wages for project-specific staff
- Travel expenses for project-related activities
- Consulting fees for project-related expertise
Use of Funds:
- Funds must be used exclusively for the approved project
- Cannot be used for general operational expenses not related to the project
- Cannot be used for debt repayment or refinancing
Fees:
- No application fee
- No processing fee
- No repayment required as it is a grant
Qualifications
- Must be a business involved in marine systems.
- Must require performance, efficiency, and safety assessments of marine systems.
- Must need to evaluate concepts in a controlled environment.
- Must need to test models at a significantly large scale.
- Must be able to use scale models of technology concepts, either moored or self-propelled.
Must be interested in seakeeping, maneuvering, wave energy conversion, wave impact loads on ships or offshore structures, and tow out, set down, and operation of offshore structures.
Disqualifications:
- Businesses not involved in marine systems.
- Businesses not requiring assessments of marine systems.
- Businesses not needing to evaluate concepts in a controlled environment.
- Businesses not needing to test models at a large scale.
- Businesses unable to use scale models of technology concepts.
- Businesses not interested in seakeeping, maneuvering, wave energy conversion, wave impact loads on ships or offshore structures, and tow out, set down, and operation of offshore structures.
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 workspace, or cover other essential costs.
Here’s how you can use the funds:
- Purchase new machinery or technology
- Upgrade your office or retail space
- Cover operational expenses
The program provides flexible repayment options. You can choose a fixed or variable interest rate, or even combine them. You also have up to 15 years to repay the loan, making it easier to manage your finances.
This is a great opportunity to invest in your business and ensure its growth and stability.
Program Steps
Gather Necessary Documentation: Prepare the following documents to complete your application:
- Business plan
- Financial statements (e.g., balance sheet, income statement)
- Proof of business registration
- Project proposal detailing the intended use of the facility
- Any relevant permits or licenses
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: Send the completed application form and all required documentation to the designated email address: [email protected].
Schedule a Consultation: Contact the NRC to schedule a consultation with one of their experts. This step will help you understand the process and address any questions you may have.
Review and Follow-Up: After submission, monitor your email for any follow-up requests or additional information needed by the NRC. Respond promptly to ensure a smooth review process.
Await Approval: The NRC will review your application and documentation. If approved, they will provide you with the next steps to begin utilizing the facility.
Finalize Agreement: Once approved, finalize any agreements or contracts with the NRC. This may include discussing terms of use, scheduling, and any associated costs.
Begin Project: After all agreements are in place, you can start your project using the offshore engineering basin research facility.