Research and development is a critical aspect of many businesses’ ongoing growth. To stay competitive in international markets, companies need to invest in new product development, product iterations, and process improvements. The National Research Council of Canada (NRC) has recognized this need, and in an effort to encourage Canadian businesses to invest in research they…
Businesses have experienced a consistent rise in utility prices, creating an increased need for energy management and energy efficiency protocols. Natural Resources Canada (NRCan) offers Canadian government grants for industrial organizations implementing systems and processes that improve baseline energy performance. NRCan is offering cost-shared assistance to companies in the industrial sector wanting to execute energy…
The Industrial Research Assistance Program (IRAP) has helped businesses across Canada improve their commitment to internal research and development, allowing some businesses to use their business funding grants for R&D each year. IRAP continues to evolve their programs around the needs of the business community, as seen in the launch of the Business Innovation Access…
May 2016 Program Update: Businesses seeking wage subsidies for new graduate hires should access Mentor Works’ free Wage Subsidy Identifier tool to be provided with the most accurate funding information. New programs are available to hire recent graduates; ensure that your business is capitalizing on these funds effectively by providing information on your business and job…
The National Research Council of Canada (NRC) offers one of the most generous funding for hiring opportunities available for innovative small and medium-sized businesses in Canada. The funding program is called the Youth Employment Program (YEP) and it is administered through the Industrial Research Assistance Program (IRAP). IRAP Youth Employment Program (YEP) Canadian Business Grants…
The Industrial Research Assistance Program (IRAP) launched a new funding incentive for small businesses called Business Innovation Access Program (IRAP- BIAP). Launched in April 2014, BIAP is an R&D funding voucher administered by the National Research Council of Canada (NRC) as a new program in IRAP’s funding portfolio. The program is suited for small and medium…
The National Research Council of Canada (NRC) provides Canadian government funding opportunities to small businesses looking to develop or implement innovative technologies and processes. The Canadian grant funding program provided through NRC is called the Industrial Research Assistance Program or “IRAP”. IRAP offers funding for various sizes of projects with the IRAP Midsize project funding…
Prime Minister Stephen Harper announced the Federal government’s support of 3,000 paid internships for post-secondary graduates. The internship initiative was provided through the Economic Action Plan 2014 and aims to give up to 3,000 post-secondary graduates the opportunity to take part in full-time paid internships in high-demand fields such as science, technology, engineering, mathematics and…
National Research Council Canada (NRC) provides a number of services to growing small to mid-sized businesses across Canada, including providing of financial assistance through NRC Industrial Research Assistance Program (IRAP) to in order to undertake technology innovation. NRC-IRAP funding is typically released on April 1st of every year, which coincides with the start date of…
The 2014 budget released by the Federal government promises to follow through upon the $15,000 Canada Job Grant while also setting aside $40 million to support up to 3,000 internships in high demand fields. Small Business Grants for Hiring Full-Time Internships Aims to Help Young People Find Meaningful Work Federal Finance Minister, Jim Flaherty, drew…