IRAP supports the innovation efforts of small and medium-sized Canadian enterprises with projects that strive to solve internal challenges that lead to new products, enhanced productivity, or competitive advantages. This can include market assessment, technology validation, R&D technology development.
How Much Funding?
Up to $50,000 for Small Technology Innovation Projects or Accelerated Review Process (ARP)
Up to $250,000 for Mid-sized Technology Innovation Projects
Incorporated, profit-oriented small or medium-sized business in Canada with 500 or fewer full-time equivalent employees
Eligible Activities & Expenditures
Developing and commercializing innovative, technology-driven new or improved products, services or processes in Canada;
Open intake throughout the year, but best to apply starting early April each year