Explore ways to finance your development projects
Interactive tours provide clients of the National Research Council's Industrial Research Assistance Program (NRC IRAP), for up to 20 hours, access to equipment and facilities and the expertise of an industrial technology advisor to solve a specific operational or technical challenge. For example, an interactive tour may include:
- Access to state-of-the-art technology that the company does not have;
- Evaluation of new technologies to increase productivity;
- Guidance for selecting specialized technical equipment;
- Assistance in implementing new technology;
- Access to market, business or competition information.
Technology Research Assistance Program (PART)
A business-involved project to support applied research conducted by a College Centre for Technology Transfer (CCTT). Biannual competition (October and March). Funding of up to $65,000 to the CCTT. A cash contribution of $15,000 is not mandatory but is highly recommended by the company.
MEI Innovation Program
The program aims to support businesses, primarily SMEs, in carrying out their innovation projects as well as in the commercialization of their innovations, whether the projects are carried out in Quebec or with foreign partners.
For each project, the financial assistance provided to applicants takes the form of a non- refundable contribution. For a collaborative project, assistance can be up to 50% of eligible expenses, up to a maximum of $150,000 for research projects and $350,000 for technology showcase projects. The maximum contribution from government sources to the project may not exceed 75% of the total eligible expenditures.
Research and development projects conducted jointly by college research professionals and their private sector partners.
- SEP : Up to $25,000 without a monetary contribution from the company (for a first business relationship with the CCTT)
- SEP PLUS : NSERC will pay an amount equal to the partner's cash contribution up to a maximum of $12,500.
- RDA : no more than $75,000 per year and $75,000 to $150,000 per year with a 50% contribution from the company.
Refundable Tax Credit for Technology Adjustment Services
The Technology Adjustment Services Tax Credit was established to support businesses in the collection and processing of strategic information as well as in their collaboration, research and innovation efforts. The credit will be provided on a percentage of eligible expenses incurred by a company for liaison and transfer services when these services are provided by college centres for technology transfer or liaison and transfer centres.
The services covered include, but not restrictively:
- The assessment of business needs;
- Connecting stakeholders;
- Conducting technical feasibility studies and assessing the commercial potential of innovation projects;
- Supporting companies in the stages of their innovation project (excluding expenses eligible for the SR-ED);
- Software approval tests.