The Industrial Research Assistance Program (IRAP) is a vital funding initiative in Canada, designed to support small and medium-sized enterprises (SMEs) engaged in innovative research and development (R&D). Administered by the National Research Council of Canada (NRC), IRAP provides financial assistance and advisory services to help businesses bring groundbreaking ideas to market. But what exactly is IRAP, and what are its funding requirements? IRAP focuses on fostering innovation, enabling Canadian businesses to grow by offering grants and expert guidance. It supports various R&D activities, including developing new technologies, improving processes, or creating innovative products. This funding is particularly beneficial for SMEs aiming to address technical challenges or explore unique market opportunities. To qualify for IRAP funding , businesses must meet specific requirements: Eligibility Criteria: Your company must be a Canadian-incorporated, profit-oriented b...