What Is IRAP? A Complete Guide to IRAP Funding Requirements and Benefits

 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:

  1. Eligibility Criteria: Your company must be a Canadian-incorporated, profit-oriented business with fewer than 500 employees.
  2. Innovative Focus: The project should involve technology-driven innovation, such as developing a new product or improving an existing process.
  3. Financial Stability: Applicants must demonstrate the financial capability to cover the project’s costs not funded by IRAP.
  4. Commercial Potential: The R&D project should align with a market need and have potential commercial applications.
  5. Technical Challenges: The project should address significant scientific or technical uncertainties requiring innovative solutions.

The application process includes submitting a detailed proposal outlining the project’s objectives, budget, technical challenges, and anticipated outcomes. IRAP also offers advisory services, pairing your business with experienced Industrial Technology Advisors (ITAs) who guide you through the process and provide valuable insights.


Partnering with experts like G6 Consulting can simplify the process of securing IRAP funding. From evaluating your eligibility to preparing a compelling application, G6 Consulting ensures your business meets the requirements and stands the best chance of success. With our guidance, you can access critical funding to drive innovation and achieve your business goals.


Unlock the potential of your innovative ideas with IRAP funding. Let G6 Consulting help you navigate the program’s requirements and maximize your success.

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