{"id":2170,"date":"2025-07-30T14:26:44","date_gmt":"2025-07-30T14:26:44","guid":{"rendered":"https:\/\/leyton.majjane.agency\/ca\/post\/answering-your-questions-about-nrc-irap-funding\/"},"modified":"2026-07-26T19:29:04","modified_gmt":"2026-07-26T17:29:04","slug":"answering-your-questions-about-nrc-irap-funding","status":"publish","type":"article","link":"https:\/\/leyton.com\/ca\/en\/insights\/articles\/answering-your-questions-about-nrc-irap-funding\/","title":{"rendered":"Answering your questions about NRC IRAP funding"},"content":{"rendered":"
In a rapidly evolving economy, innovation is essential. The National Research Council of Canada<\/strong>\u2019s IRAP funding program<\/a><\/strong> is one of the country\u2019s most impactful tools for helping small <\/strong>and medium-sized enterprises (SMEs)<\/strong> push these innovative ideas to market. <\/p>\n What exactly is IRAP<\/strong>? How does it work? And more importantly, how can your business benefit from it? <\/p>\n The following is a comprehensive guide to demystify IRAP<\/strong> and help you leverage one of Canada\u2019s most powerful R&D funding<\/a><\/strong> programs. <\/p>\n The Industrial Research Assistance Program (IRAP)<\/strong> is a non-repayable funding program<\/strong> administered by the National Research Council of Canada (NRC).<\/p>\n IRAP <\/strong>combines advisory services with financial assistance to help companies at different stages of the innovation lifecycle, from ideation to market launch.<\/p>\n Unlike tax credits<\/a><\/strong> or repayable loans, IRAP <\/strong>offers non-repayable contributions that reduce the financial burden of R&D. <\/p>\n IRAP is not just another government grant. Here\u2019s why it stands out: <\/p>\n IRAP supports a range of R&D initiatives, categorized by scale and focus: <\/p>\n Looking to grow your team while investing in young talent? <\/p>\n The Youth Employment Program (YEP) offers up to $30,000 in wage subsidies to help you hire recent post-secondary graduates (ages 15 to 30) for tech and innovation-related roles.<\/p>\n These 6 to 12 months internships are designed to build internal capacity while supporting career entry for youth in STEM, multimedia, marketing analysis or R&D.<\/p>\n To apply for IRAP funding, your company must meet these baseline conditions:<\/p>\n Non-profit organizations, large enterprises and businesses not focused on tech innovation are not eligible.<\/p>\n IRAP <\/strong>reimburses eligible costs directly related to R&D activities<\/a><\/strong>, such as: <\/p>\n Please note that IRAP doesn\u2019t cover capital expenditures.<\/p>\n Our team of funding experts can help you make the most of IRAP<\/strong> and other funding programs like SR&ED<\/a><\/strong>. <\/p>\n They support you every step of the way to prepare all necessary documentation and offer coaching for the call with the ITA.<\/p>\n Contact us today to unlock savings!<\/p>\nWhat is IRAP funding program?<\/h2>\n
Key Benefits of IRAP Funding<\/h2>\n
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Types of IRAP Projects<\/h2>\n
1. Accelerated Review Process (ARP) for Small Projects<\/mark><\/h3>\n
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2. Technology Innovation Projects for Mid to Large Scale Projects<\/mark><\/h3>\n
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3. Youth Employment Program (YEP)<\/mark><\/h3>\n
IRAP Eligibility Criteria<\/h2>\n
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What Expenses are Covered? <\/h2>\n
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Ready to Accelerate your Innovation?<\/em><\/h2>\n