Small Businesses Funding for Research and Development via the Industrial Research Assistance Program (IRAP) in 2013
(firmenpresse) - CAMBRIDGE, ONTARIO -- (Marketwire) -- 03/27/13 -- With the release of the 2013 Federal Budget, SME's, particularly those in manufacturing or involved in research and development, applauded the announcement as it confirms they will continue to be positioned as a top priority in the plans to strengthen Canada's economy. Precise details regarding funding allocations for are expected to expand in the near future.
Canadian Government Funding for Businesses Conducting R&D
Several of the most popular are offered by the National Research Council of Canada's (NRC) . Most eligible SME's are aware of NRC's IRAP, but usually not cognizant of other types of IRAP Funding that offer wider funding support based on a given firm's particular strategic needs.
IRAP Small Business Funding Grants for R&D and Technical Projects
offers small business grants to firms looking to overcome an internal technical challenge with technical or research innovations. These Canadian business grants offer up to $50,000 in funding with up to 80% of direct labour costs and 50% of sub-contractor costs covered. This is excellent for firms that wish to get involved with lean manufacturing, custom software development to integrate two platforms, web analytics and SEO projects, product development & commercialization, and more.
provides companies funding to increase their productivity via the adoption of digital technologies. DTAPP small business funding grants offer up to $100,000 or 80% of direct labour and 75% of sub-contractor costs. DTAPP has been helping firms with ERP and CRM system overhauls, revised implementation of new software, and internal configuration of materials for inventory management.
are one of most useful Canadian small business grants for research and development. IRAP Mid-sized Projects are typically larger than both ARP and DTAPP, with the exact amount of funding determined through consultation with an IRAP representative. These types of Canadian government grants are applicable to firms that are creating original software, developing new products, or engaged in other various internal R&D projects.
is one of Mentor Works' and covers 50%, up to $15,000 towards the first 12 months of a new hire between the ages of 15-30. The position must fill a unique role within your company and call upon this recent graduate's theoretical knowledge.
For more information on IRAP funding and other Canadian government funding options available to SME's contact or a , or visit us at .
Contacts:
Mentor Works Ltd.
Bernadeen McLeod
President & Owner
(519) 497-8584
Mentor Works Ltd.
Chris Casemore
Director of Client Management and Development
(226) 808-0082
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Datum: 27.03.2013 - 13:41 Uhr
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News-ID 1211193
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