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ARTICLE · 20 DECEMBER 2023

Help Us Help You: Federal Funding For Commercializing IP Is Available

MLT Aikins LLP
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If you are a small or medium-sized enterprise (SME) in Canada, you may be looking for ways to fund and protect your innovative ideas and grow your business.

CanadaIntellectual Property

If you are a small or medium-sized enterprise (SME) in Canada, you may be looking for ways to fund and protect your innovative ideas and grow your business. The question is, where can you find the resources and support you need?

One option for SMEs looking for funding and advisory services is to apply for the National Research Council of Canada's Industrial Research Assistance Program (NRC IRAP or IRAP).

Participants accepted into IRAP may receive benefits including, but not limited to, the following:

  • Access to industrial technology advisors in various areas such as legal, financing and other professional advice;
  • Financial support for research and development projects at various stages of the innovation cycle; and

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