The National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) is Canada’s leading innovation assistance program for small and medium-sized enterprises (SMEs). It helps businesses grow through financial support, advisory services, and connections to R&D expertise.

Key Benefits:

• Funding for technology innovation projects to support research and development.
• Up to $10 million available for larger R&D projects.
• Youth Employment Program, which provides financial assistance to hire young graduates for innovation-related roles.
• Expert advisory services to help businesses commercialize new technologies.

Eligibility:

• Must be an incorporated, profit-oriented SME in Canada.
• Have 500 or fewer full-time employees.

Focus on developing and commercializing innovative, technology-driven products, services, or processes.