April 1st marked the first day of the Canadian government’s 2015 fiscal year and with it, came an update to the Economic Action Plan (EAP), an initiative to benefit Canadian businesses, families, and seniors. This article will focus on the business elements of EAP. The Canadian federal government created the Economic Action Plan in response…
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…
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 Minister of State (Science & Technology), Greg Rickford, and the President of the National Research Council (NRC) were in Brampton, ON to announce a new 2-year pilot funding program called Business Innovation Access Program. Canadian Government Grants to Support Innovative SMEs Business Innovation Access Program (IRAP- BIAP) is a new Canadian government grants program that leverages…