In addition to grants and funds for research and development in Canada, the Build in Canada Innovation Program (BCIP) is a permanent and competitive first-purchase program awarded by the Government. It offers contracts to innovative businesses to submit a proposal of any pre-revenue products or processes which could potentially improve the efficiency and effectiveness of the Canadian government. … [Read more...] about Sell Your Innovation To the Government of Canada
In Canada, government funds are awarded to small- and medium-sized enterprises (SMEs) to help them enhance their research and development capabilities. Two such programs include IRAP (Industrial Research Assistance Program) and SR&ED (Scientific Research and Experimental Development). Both provide funding to SMEs striving for excellence in business innovation and growth. IRAP -Industrial … [Read more...] about How to Recover 93% of Your R&D Expenses?
Youth Hiring Grants and Funds Youth Employment Program or YEP is an initiative by National Research Council - Industrial Research Assistance Program (IRAP), a body of the Government of Canada to provide financial assistance to small and mid-sized enterprises (SME). The primary goal of the program is to match prospective employers with skilled graduates between the age of 18 and 30 years. … [Read more...] about Up to $40k Non-repayable Fund for Hiring Youths
Canadian Federal government offers two incentive programs to facilitate companies to enhance research and development; the Industrial Research Assistance Program (IRAP Funding) and the Scientific Research and Experimental Development (SR&ED). Both programs are designed to help businesses conduct research and development to increase economic growth. Although both programs share the same goals, … [Read more...] about IRAP Funding or SR&ED Program?