NRC IRAP Research Grants for Canadian Businesses Receive up to 60-80% of Labour Costs in Grant Funding. The National Research Council of Canada’s Industrial Research Assistance Program (NRC IRAP) is a Canadian government funding program designed to accelerate the research and development projects of Canadian innovators. Businesses who are developing and implementing process improvements are the primary targets to…
Green Freight Program (GFP): Stream 1 – Assess and Retrofit Receive up to $250,000 for Fleet Retrofits. The Green Freight Program – Stream 1 provides funding up to a maximum of $250,000 per eligible applicant towards Third-Party Fleet Energy Assessments and Truck/Trailer Equipment Retrofits. This GFP stream aims to increase the knowledge and capacity of…
IRAP Vs. SR&ED, Which is Right for Your Business? Learn Which Program is Better for Your R&D Projects This video discusses two of Canada’s most powerful government funding incentives for Canadian businesses that are performing research and development: The Scientific Research and Experimental Development (SR&ED) tax credit and the National Research Council’s Industrial Research Assistance…
SR&ED 101: A Holistic Approach to Government Funding How to Leverage Government Funding for Business Blending government funding programs together, such as the Industrial Research Assistance Program (IRAP) and Scientific Research and Experimental Development (SR&ED) program, can significantly improve your subsidies for business projects like research and development. This video helps businesses understand this process…
How to Fund Research & Development in Canada Learn to Leverage Funding for Research and Development Government funding opportunities are readily available for Canadian businesses looking to conduct research and development (R&D) or other business activities. R&D projects require a lot of time and financial costs, so Mentor Works makes sure your team is well…
Investments in Forest Industry Transformation (IFIT) Program Receive up to $100k to $10M in Government Funding. Originally launched in 2010 by the Government of Canada through Natural Resources Canada (NRC), the Investments in Forest Industry Transformation (IFIT) program exists to address a critical need for capital investment in new forest industry technologies that innovate, diversify, and bring…
IRAP Youth Employment Program (YEP) Receive up to $30,000 per Graduate in Grant Funding. The IRAP Youth Employment Program (YEP) was designed to assist funding of hiring young Canadian post-secondary graduates. Graduate can be applied to most areas from business development to technical to customer service/administration. IRAP Youth Employment Program (YEP) Amount of Funding The Youth Employment Program (YEP)…
Canadian Industry Program for Energy Conservation (CIPEC) Receive up to $40,000 in Grant Funding. As administered by Natural Resources Canada, the Canadian Industry Program for Energy Conservation (CIPEC) supports manufacturers implementing energy management and ISO 50001 pilot projects. Companies may apply for funding to support specific projects that reduce energy consumption and lower greenhouse gas (GHG) emissions….
FAQs: Canadian Grants & Loans for Businesses Frequently Asked Questions: Canadian Grants & Loans. Navigating the Canadian government funding process can be challenging for businesses of all sizes. Optimizing the planning, writing, submission, and reporting process can take considerable time and resources; however, there are tremendous benefits associated with accessing funding regularly. Companies should take…
Innovation Superclusters Initiative Receive up to $250M in Grant Funding. The $950 million Innovation Superclusters Initiative supports industry-led partnerships composed of large firms, small and medium-sized enterprises (SMEs), researchers, and intermediary institutions to build synergistic advantages in regions across Canada. Innovation clusters will focus on building an innovation ecosystem in one of Canada’s highly innovative industries, including advanced manufacturing, agri-food,…