Industry R&D Associates Program

This program provides funding to businesses to enable them to hire a research and development professional to advance their technology in order to accelerate commercialization.

What Is Industry R&D Associates Program?

The Industry R&D Associates Program (IRAP) supports Alberta SMEs in accelerating the commercialization of innovative technologies by providing funding, technical assistance, and networking opportunities. By hiring research and development associates and facilitating collaboration among SMEs, researchers, and industry experts, IRAP enhances competitiveness, fosters innovation, and drives economic growth in the province.

Industry R&D Associates Program Overview

The Industry R&D Associates Program (IRAP) is essential for supporting SMEs by providing resources, funding, and expertise to accelerate the commercialization of their innovative technologies, enhancing their competitiveness and growth potential. IRAP is notable as it fosters innovation, drives economic growth, and promotes job creation. By providing funding and technical assistance, the program helps SMEs advance their research and development efforts, leading to the creation of new products, services, and processes. IRAP facilitates networking and collaboration, promoting knowledge exchange and partnerships among SMEs, researchers, and industry experts, thus enhancing the innovation ecosystem in Alberta.

How Much Funding?

75% up to a maximum of:
– $52,500 for level 1 full time associate
– $67,500 for level 2 full time associate

WHO QUALIFIES?

– Be a for-profit SME;
– Have a physical presence in Alberta;
– Incorporated or;
– A General Partnership, Limited Partnership or Limited Liability Partnership AND registered in Alberta;

Eligible Activities & Expenditures

Hiring a level 1 or 2 associate to assist with advancing the technology readiness level of applicants product and accelerating commercialization.
– Level 1: Has completed their education, has skills or experience in a specific field as a research assistant, junior engineer or engineer in training, junior or intermediate researcher or scientist, or a technician or technologist, and is prepared to take a full-time position.
– Level 2: Has completed their education, has specialized training or experience, and
supervisory experience as a clinical trial manager, lab supervisor, senior researcher or scientist, or a senior software developer, and is prepared to take a full-time position.

Labour
Minor equipment costs
Software and databases
Reasonable travel expenses
Professional development membership fees

PROGRAM DEADLINE

Ongoing

Get Expert Advice and Support

Our team will review your application and provide funding recommendations within a few weeks. If your project is approved, you’ll receive funding to cover a portion of eligible project costs.

Ready to take your business to the next level? Contact EVAMAX today to learn more and start your application process.

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Let EVAMAX do the rest.

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Industry R&D Associates Program

What Is Industry R&D Associates Program?