Innovation Assistance Program

To address gaps in funding eligibility, this $250 million fund will assist innovative, early-stage companies that are unable to access existing COVID-19 business support, through the National Research Council of Canada’s Industrial Research Assistance Program.

IRAP IAP provides a wage subsidy to eligible employers for up to 12 weeks.

SMEs pursuing technology-driven innovation who have been unable to secure funding under the Canada Emergency Wage Subsidy (CEWS) are eligible and can apply for financial assistance under IRAP IAP.

The call for applications will close Wednesday, April 29, 2020 at 11:59 pm EDT 

Click on this post for more information on eligibility and application process

 

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