NATIONAL RESEARCH COUNCIL OF CANADA INDUSTRIAL … · Supporting SME growth through innovation and...

NATIONAL RESEARCH COUNCIL OF CANADA INDUSTRIAL RESEARCH ASSISTANCE PROGRAM

Supporting SME growth through innovation and technology

MANDATE Stimulate wealth creation in Canada through technological innovation MISSION AcceleratethegrowthofSMEsbyprovidingthemwithacomprehensivesuiteofinnova;onservicesandfunding

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Delivered by a network of over 400 professionals located in more than 100 communities

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What does NRC-IRAP do?

•  Support the needs of small- and medium-sized firms engaged in innovative or technology-driven activities

•  Assist firms to develop, adopt and adapt technologies and incorporate them into competitive products and services to be commercialized in the global marketplace

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How does NRC-IRAP serve?

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•  Provide a suite of advisory services

•  Offer strategic, competitive, business intelligence

•  Promote networking and linkages with potential partners in Canada and abroad

•  Enable non-repayable financial assistance

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Our business model

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Partnerships

Strategic planning

Market assessment

Intellectual property

Networking Business advice

Funding organizations $

Innovation IRAP projects $

YEP $

CAIP $

NRC-IRAP business model

CHTD $

DTAPP $

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Helping SMEs Succeed Globally

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How to become a client

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Eligibility

If your company meets all of the following criteria:

•  small-or medium-sized firm (fewer than 500 full-time employees)

•  located in Canada

•  incorporated and profit-oriented •  have the objective to grow and generate profits through development

and commercialization of innovative, technology-driven new or improved products, services, or processes in Canada

Your company may be eligible for support

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Meeting at your company’s site

An Industrial Technology Advisor (ITA) will visit you at your location to better understand •  Your business structure (ownership, management, etc.) •  Your business strategy •  The nature of your activities (products/services, clients, competitors…) •  Available resources (human, material, etc.) You will •  Discuss how NRC-IRAP can help you achieve your business goals •  Learn more about the variety of NRC-IRAP services and programs •  Oversee the conditions for financial contribution support

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Project definition

•  Definition of the business opportunity

•  Identify the client’s needs

•  Decision to “buy” vs. “develop” new technology

•  Define the project’s objectives, resources, timelines, deliverables, etc.

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Proposal evaluation

Project assessment:

•  Understanding the business opportunity

•  Evaluating the firm and its capabilities

•  Assessing the project content and technical risk Determining the financial contribution level for all costs: •  What activities are required to accomplish the project?

•  What are the expected results?

•  What is the overall cost of the project?

•  What portion of the project does NRC-IRAP support?

•  Are the project costs reasonable?

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Project management and follow-up

Your ITA will work with you from start to finish:

•  Offer support throughout the life of your project

•  Ensure you reach your ultimate technical and business objectives

•  Follow-up to ensure you maximize the commercial benefits resulting from your project

Contact us To reach an ITA in your area, call or visit website 1-877-994-4727 www.nrc-cnrc.gc.ca/irap