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
What is IRAP? IRAP stands for Industrial Research Assistance Program, which is one of the vital components of the Canada's innovation systems. This program is part of the 2013 Federal Budget for National Research Council (NRC). The IRAP is regarded as one of the best business funding programs in Canada because the funding is non-repayable. Therefore you do not need to pay them back as long as you … [Read more...] about IRAP Business Funding Program
The Business Innovation Access Program (or BIAP) has a whopping $20 million government funds up for grabs to help smaller businesses to realize their potential. The program is administered by IRAP. If you own a small to mid-sized enterprises (SMEs) with big aspirations, then you might be eligible to access the funds. The BIAP, a Government of Canada pilot program, was announced in the 2013 Budget … [Read more...] about IRAP: $20M Funds for Investment in Businesses Innovation(BIAP)
There are various grants available for small to medium size businesses in Canada to help starting or expanding your business. The business grants would be either from government or private sectors and will be delivered in the form of cash or tax credit. The available grants cover the following areas: Hiring and Training Initiatives Export Market Business Expansion Research and … [Read more...] about Grants available to expand your business and take it to the next level