subject: IRAP’s Accelerated Review Process (For projects under $50,000) [print this page] Author: Kingsford Consulting Author: Kingsford Consulting
The National Research Council of Canada, through its Industrial Research Assistance Program (NRC-IRAP) offers support to small and medium-sized Canadian enterprises to help them develop and commercialize technologies and products. They have recently introduced an Accelerated Review Process for small projects aimed at companies with less than 500 employees. With this program they can provide up to $50,000 in funding. The eligible activities include a wide range of technology, business and market oriented projects. While IRAP is a federal organization, each provincial office tailors its approach to suit local conditions so the types of project supported and funds available may vary in your region. The following is a list of example projects in Ontario: Small R&D project limited in scope and nature Assessment of technology needs for adoption of technology Lean manufacturing/productivity studies Technical feasibility studies Design: product design, engineering design, design for manufacture Prototype engineering Engineering process analysis Productivity enhancement studies Development of business, sales and marketing plans and image creation (branding) Development of e-commerce enabled website (or upgrading website) Development of international strategies Development of supply chain strategies Competitive market research and competitive intelligence studies Feasibility studies / assessment for new service and product venture Financial / corporate restructure for improved growth potential (e.g. investor readiness) Intellectual Property (IP) assessment, planning and strategy assistance First patent application (not CIPs nor other country fillings) Licensing and commercialization strategy Research and technology evaluation-related travel and expenses Diagnostics (business or technical) Other projects not entirely technical in nature Kingsford Consulting can provide business planning, market research and strategy development services that might be covered by NRC-IRAP funding. Please note that in order to get approval for governmental funding of consultancy services, several requirements and regulations apply and each business needs to go through a formal application process.
Kingsford Consulting Ltd. is a Strategy and Business Development firm that provides business planning, market research and strategy development services.
