NRC Industrial Research Assistance Program (IRAP)

The NRC Industrial Research Assistance Program (IRAP) provides financial support to qualified small and medium-sized enterprises in Canada to help them undertake technology innovation.

The NRC Industrial Research Assistance Program (IRAP) provides funding to support research and development projects at various stages of the innovation cycle.

Application Deadline

• Ongoing; Application review takes an average of 3 months

Funding Amount

• Maximum of $10 million for exceptional, large-scale projects

Timeline

• Single year projects that take place between April 1 – March 31 of every year. Potential for 12+ months for larger projects

Industrial Research Assistance Program (IRAP) Funding Type

• Non-repayable government grant

Eligibility Criteria

• Incorporated, profit-oriented small or medium-sized business in Canada
• 500 or fewer full-time equivalent employees

Program Objectives

• the Industrial Research Assistance Program (IRAP) supports R&D activities to pursue growth and profit by developing and commercializing innovative, technology-driven new or improved products, services, or processes in Canada

Eligible Expenses

• 80% of employee salaries, for those working directly on the project
• 50% of travel costs, including economy fare and per diem of up to $400 per day, including accommodations
• 50% of eligible contractor costs, must provide a contractor proposal

Ineligible Expenses

• Overhead expenditures; salaries outside of the project scope; capital costs; equipment; etc.

Thinking of applying for the Industrial Research Assistance Program financing? Don’t wait! These funds are highly competitive. Contact us today to get started!

Find out more about our expertise and Grants process here.