Turn Your Innovative Vision into a Reality Realizing a successful business vision can be challenging due to the various financial obstacles that arise during the execution process. Even if you possess the necessary skills and a groundbreaking idea, inadequate funding can impede your progress. Securing the right capital is a crucial aspect of turning your vision into a successful, scalable brand. If you find yourself facing this predicament, the Industrial Research Assistance Program (IRAP) could be the ideal solution for your enterprise. Consulting our NRC IRAP business plan writers can make a significant difference for small and medium-sized enterprises (SMEs) in Canada. At Ortonus Inc, we assist SMEs in developing comprehensive, data-backed business plans that meet the specific, rigorous requirements of the IRAP program and stand out in a competitive market. What is the IRAP Program? Administered by the National Research Council of Canada (NRC) and in operation since 1947, the Industrial Research Assistance Program (IRAP) is a federal government initiative designed to support SMEs in their research and development (R&D) efforts. The primary goal of IRAP is to help Canadian businesses become more innovative and globally competitive. By leveraging this program, SMEs can access the support and expertise they need to overcome obstacles and achieve success in their R&D endeavors. IRAP provides resources across three main pillars:
Financial Assistance: The program provides funding for up to 80% of eligible project costs, with a maximum contribution of $10 million per project. This capital can be used for a variety of R&D activities, such as product development, technology adaptation, and process improvement.
Technical Advice: IRAP provides access to a team of expert advisors with experience across a wide range of industries. These advisors help SMEs overcome technical challenges, identify areas for process improvement, develop new technologies, and validate their products.
Networking Opportunities: The program connects SMEs with other businesses, universities, and research organizations. These connections facilitate knowledge-sharing, open access to new markets, and provide entry to a variety of industry events, trade shows, and conferences.
Program Eligibility Criteria The IRAP program is available to businesses across all industries—including manufacturing, technology, and agriculture. To apply for IRAP funding, businesses must submit a detailed project proposal to the NRC outlining the project objectives, expected outcomes, and budget. To ensure your business successfully receives the grant, you must meet and exceed IRAP’s baseline criteria:
Company Size: You must have 500 or fewer full-time employees.
Operational History: Your business must have been operating for at least two years.
Financial Health: Your company should be profitable, demonstrating consistent growth and substantial revenue year over year.
Incorporation: The business must be incorporated and actively operating in Canada.
Innovative Mindset: The business must be highly innovative and technology-driven to meet updated market needs.
If your project is approved, the NRC will disburse funding, and your business will be required to provide regular, structured progress reports. Why Work With Ortonus Inc? Our IRAP business plan writers have the specialized expertise and knowledge to help you create a sound, highly structured business plan that meets the exact requirements of the Industrial Research Assistance Program. We work closely with you to understand your vision, operational goals, and R&D scope, ensuring all necessary financial and technical details are seamlessly integrated into the plan. With our help, you will be fully prepared to upload a flawless application to the IRAP portal with complete confidence. Ready to Secure IRAP Funding? Take the guesswork out of government grants and let our experts build a winning proposal for your innovative project. Call us today at +1 (929) 202-4044 to get started! Trusted By (Insert Travail logo) What Our Clients Say “Kevin is a pleasure to work with! He is a true expert and had many insightful suggestions for how I could improve my current business strategy. I would recommend him and the Ortonus Inc team without hesitation. Thanks Kevin!” — Laura Burden (Google Review) “I met Kevin almost two years ago and from the start I knew there was something very special about him. He is the definition of positivity and his energy is contagious. Kevin is a natural-born leader, capable of inspiring those around him to be their best. He is funny, smart, hard-working, and incredibly kind. He would go to the moon and back for his clients with passion and dedication.” — Sara Badiei (Google Review) “Ortonus Inc has helped us in creating our own corporate identity and the strategy behind our recent market growth. From our first meeting, their team has impressed us in professionalism, dedication, and experience. We’ll be retaining them for their Sustainable Business services.” — Russel De Vera (Google Review)