Innovation Funding
Lunch & Learn
May 13, 2014
BoastCapital.com | @BoastCapital | BoastCapital.com/blog
 	
  
	
  	
  
	
  
Good Cents for Geomatics
2	
  
Calgary,	
  May	
  13th,	
  2014	
  
Innova&on	
  Funding	
  Lunch	
  a...
Who	
  is	
  TECTERRA?	
  
! We	
  help	
  Canadian	
  GeomaDcs	
  technology	
  SMEs	
  achieve	
  
commercial	
  success...
What	
  is	
  Geoma&cs?	
  
4	
  
Good	
  Cents	
  for	
  GeomaDcs	
  
Cartography	
  
Photogrammetry	
  
Remote	
  Sensin...
5	
  
Our	
  Approach	
  
6	
  
Commercializati
on
Projects
Highly
Qualified
Personnel
(HQP)
Developmen
t
Networkin
g
Facilitati...
TECTERRA’s	
  Programs	
  
An	
  effecDve	
  catalyst	
  for	
  the	
  commercializaDon	
  of	
  geomaDcs	
  
technology	
 ...
Industry	
  Investment	
  Program	
  (IND)	
  
8	
  
Category	
   Detail	
  
Funding	
  for	
   Technology	
  development	...
1405-­‐IND-­‐CFP	
  
! Open	
  to	
  all	
  geoma&cs	
  applicaDon	
  in	
  all	
  industries	
  
! Focus	
  on	
  integra...
GEO-­‐Placement	
  Program	
  (GEO)	
  
10	
  
Category	
   Detail	
  
Funding	
  for	
  
50%	
  of	
  one	
  salary	
  po...
1405-­‐GEO-­‐CFP	
  
! Open	
  to	
  all	
  geoma&cs	
  applicaDon	
  in	
  all	
  industries	
  
! Focus	
  on	
  HQP’s	
...
CSS:	
  Commercializa&on	
  Support	
  Services	
  
12	
  
CSS	
  
Business	
  Support	
  
-­‐  Marke&ng	
  
-­‐  Finance	...
TAP:	
  Trade-­‐Show	
  Aaendance	
  Program	
  
13	
  
$15,000	
  Grant	
  
(non-­‐repayable)	
  
	
  
Up	
  to	
  two	
 ...
Geoma&cs	
  Lab	
  
! State-­‐of-­‐the-­‐art	
  equipment	
  for	
  
technology	
  development	
  	
  
! Free-­‐of-­‐charg...
TECTERRA’s	
  Funding	
  Programs	
  @	
  a	
  Glance	
  
15	
  
Program	
   Target	
   Support	
   Payback	
   IP	
  or	
...
16	
  
TECTERRA	
  Industry	
  Pordolio	
  
17	
  
TECTERRA	
  Industry	
  Pordolio	
  
and	
  before	
  I	
  forget…	
  	
  
TECTERRA	
  GeomaDcs	
  Showcase:	
  18th	
  June	
  2014	
  in	
  Calgary	
  
18	
 ...
19	
  
www.tecterra.com	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  admin@tecterra.com	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  @...
SR&EDucation
BoastCapital.com | @BoastCapital | BoastCapital.com/blog
What is SR&ED?
	
  
	
  
Federal and Provincial tax incentive program
that allows companies to recover cost
associated wit...
What is SR&ED?
Scientific
Research
&
Experimental
Development
	
  
	
  
BoastCapital.com | @BoastCapital | BoastCapital.co...
 
•  Technology Advancement Sought
•  Technological Uncertainties, Obstacles, or
Challenges
•  Technical Content (Iteratio...
Claim Examples
BoastCapital.com | @BoastCapital | BoastCapital.com/blog
What Can be Claimed?
•  Salaries *
•  Sub-Contractors * (80% of expenditure)
•  Overhead (Traditional vs. Proxy)
•  Materi...
Recent Changes
•  Eliminate capital expenditures
§  For expenditures incurred after Jan 1, 2014
•  Lower the overhead pro...
Canadian Controlled Private Corporations
(CCPC)
Refundable Investment Tax Credits (ITC’s)
•  Salaries – ~64%
•  Sub-Contra...
Non-Canadian Controlled Private
Corporations or Publically Traded
Non-refundable Investment Tax Credits
(ITC’s)
•  Salarie...
Financial Tracking
BoastCapital.com | @BoastCapital | BoastCapital.com/blog
Technical Tracking
Documentation should be:
•  Contemporaneous
•  Dated
•  Highlight technological obstacles/challenges
Ex...
Time Frame for Claiming
•  Deadline: 18 months past the fiscal year
end
•  Current Filing: 6 months to file taxes after
fi...
Claim Turnaround Time
From receipt of a complete claim:
•  Current Filing (CCPC) – 120 days
•  Non-Refundable (non-CCPC) –...
CRA Claim Review Process
•  CRA SR&ED review division
– Reviews ONLY SR&ED expenditures and
technical content (not the com...
CRA	
  Review	
  Likelihood	
  
•  Expenditure	
  makeup	
  
–  Large	
  subcontractor	
  expenditures	
  
–  Large	
  mat...
Our Team
BoastCapital.com | @BoastCapital | BoastCapital.com/blog
Contact Information
Jeff Christie
VP Alberta and Prairies
403-589-2809
jchristie@boastcapital.com
	
  
	
  
BoastCapital.c...
www.mitacs.ca 37www.mitacs.ca
Delivering innovation
through research and
development
Naeema Bhyat
Business Development Dir...
www.mitacs.ca 38
Who is Mitacs and Why Partner with Us?
!   Na&onal	
  research	
  network	
  
!   15	
  years	
  in	
  op...
www.mitacs.ca 39
Annual snapshot
Why Mitacs?
www.mitacs.ca 40
The Mitacs network
Why Mitacs?
§  Small	
  &	
  medium	
  business	
  
§  Large	
  business	
  
§  Gov...
www.mitacs.ca 41
Business Advantages
Why Mitacs?
!   Access	
  experDse	
  not	
  currently	
  in-­‐
house	
  
!   Leverag...
www.mitacs.ca 42
Research Outcomes
!   Pulp	
  mill	
  saves	
  $40,000/year	
  with	
  new	
  
heat	
  recovery	
  system...
www.mitacs.ca 43
Building research collaborations
!   Large-­‐scale,	
  mulDdisciplinary	
  projects	
  
!   From	
  $15,0...
www.mitacs.ca 44
$15,000
$5,000
$10,000
4	
  months	
   =
Funding cycle
Mitacs Accelerate
www.mitacs.ca 45
Scalability: build large-scale projects,
“clusters”
!   First	
  1	
  to	
  5	
  internship	
  units:	
  ...
www.mitacs.ca 46
!   Two-­‐year	
  projects	
  
!   Postdoctoral	
  experDse	
  
!   Leveraged	
  funding	
  
!   RelaDons...
www.mitacs.ca 47
$50,000
$7,500
$57,500
Mitacs Elevate Annual Funding cycle
Mitacs Elevate
www.mitacs.ca 48
Partners
!   Small	
  and	
  large	
  businesses	
  with	
  faciliDes	
  in	
  Canada	
  
!   DomesDc	
  ...
www.mitacs.ca 49
Our	
  Funding	
  Partners	
  
www.mitacs.ca 50
Next Steps
!   Contact	
  me	
  to	
  discuss	
  research	
  
goals:	
  	
  
	
  
!   Find	
  a	
  local	...
IRAP Overview
Industrial Research Assistance Program (IRAP)
Lynn Sutherland, Industrial Technology Advisor
13 May 2014
IRAP Overview
Overview
• About National Research Council (NRC)
• NRC Lines of Business
• Industrial Research Assistance Pr...
IRAP Overview
About NRC
•  2012-13 budget: $774M
•  Over 4,000 employees and
650 volunteer and independent visitors
•  Wid...
IRAP Overview
Science
Infrastructure
Industrial Research
Assistance
Program (IRAP)
NRC Business Lines
54
Strategic
Researc...
IRAP Overview
Strategic R&D
•  Mission‐oriented
research and technology
development
•  Deliver high impacts
for Canada
55
IRAP Overview
Technical Services
• NRC helps clients solve
immediate problems
• Shorter term focus on
client needs based l...
IRAP Overview
Science Infrastructure
• NRC helps clients effectively
utilize specialized scientific
infrastructure
• Inclu...
IRAP Overview
Industrial Research
Assistance Program
• Supports innovative Small-
Medium Sized Enterprises
(SMEs)
• Adviso...
IRAP Overview
www.nrc-cnrc.gc.ca/eng/irap/index.html
59
IRAP Overview
IRAP Advisory Services
60
• Over 250 Industrial Technology Advisors across
Canada:
•  34% have been entrepre...
IRAP Overview
IRAP Programs
61
• Technology Innovation Projects
• Youth Employment
• Business Innovation Access Program
(*...
IRAP Overview
Basic Criteria
62
•  small and medium-sized enterprise in Canada, incorporated and
profit-oriented
•  have 5...
IRAP Overview
How to Access
63
• The potential client works directly with an
Industrial Technology Advisor to determine a ...
Questions
Thank you
Lynn Sutherland, Industrial Technology Advisor
lynn.sutherland@nrc-cnrc.gc.ca
Questions?
BoastCapital.com | @BoastCapital | BoastCapital.com/blog
May 13, 2014
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Innovation Funding Lunch & Learn May 13, 2014

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Boast Capital recently held an Innovation Funding Lunch & Learn with support from Calgary Economic Development.

We covered the following Innovation Funding programs:

-Scientific Research & Experimental Development (SR&ED) Tax Credits
-TECTERRA’s Geomatics Funding Programs
-National Research Council’s Industrial Research Assistance Program (IRAP)
-Mitacs’ Research Internships

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Innovation Funding Lunch & Learn May 13, 2014

  1. 1. Innovation Funding Lunch & Learn May 13, 2014 BoastCapital.com | @BoastCapital | BoastCapital.com/blog
  2. 2.           Good Cents for Geomatics 2   Calgary,  May  13th,  2014   Innova&on  Funding  Lunch  and  Learn     Richard  C.  Gorecki,  M.Sc.   Director  of  Por>olio  Development  
  3. 3. Who  is  TECTERRA?   ! We  help  Canadian  GeomaDcs  technology  SMEs  achieve   commercial  success  faster  than  they  could  on  their  own.     ! We  fund  product  development  &  commercializaDon,  create   new  jobs,  build  experDse  in  companies,  and  provide  access  to   state-­‐of-­‐the-­‐art  technology.     ! We  help  applied  research  groups  bring  their  innovaDve   technology  to  market.   We  are  the  only  choice  for  geoma/cs  SMEs  that  require  a   comprehensive  range  of  services,  efficiently  delivered,     without  giving  up  control,  IP  or  equity.   3  
  4. 4. What  is  Geoma&cs?   4   Good  Cents  for  GeomaDcs   Cartography   Photogrammetry   Remote  Sensing   Geodesy   NavigaDon   PosiDoning   Surveying  Mapping  
  5. 5. 5  
  6. 6. Our  Approach   6   Commercializati on Projects Highly Qualified Personnel (HQP) Developmen t Networkin g Facilitation
  7. 7. TECTERRA’s  Programs   An  effecDve  catalyst  for  the  commercializaDon  of  geomaDcs   technology  for  integrated  resource  management  and  other   geospaDal  applicaDons  across  Canada   7   None  of  TECTERRA’s  programs  requires  IP  or  equity  sharing  
  8. 8. Industry  Investment  Program  (IND)   8   Category   Detail   Funding  for   Technology  development  and  commercializaDon  projects   Funding  Range   $150,000  to  $500,000   Funding  Over  $500k   Will  be  considered  on  case-­‐by-­‐case  basis   Matching     Matching  funds  on  a  1:1  basis     Project  DuraDon   6  months  to  1  year   IP/Equity  Stake   None   Payback   Payback  only  occurs  if  the  project  generates  revenue   100%  of  TECTERRA  investment  from  a  porDon  of  revenue     at  0%  interest.    
  9. 9. 1405-­‐IND-­‐CFP   ! Open  to  all  geoma&cs  applicaDon  in  all  industries   ! Focus  on  integrated  resource  management  (IRM)  projects   v  Agriculture,  forestry,  petroleum,  renewables,  etc     9   *Dates  are  approximate     Event     Date     Pre-­‐EOI  InformaDon  Session     May  8,  2014     EOI  due     May  29,  2014   Response  to  EOI*   June  13,  2014   Full  Proposal  Due     August  28,  2014   Response  to  Full  Proposal*   September  26,  2014   Signed  contract  and  due  diligence*     October  17,  2014   First  payment  from  TECTERRA*   October  17,  2014  
  10. 10. GEO-­‐Placement  Program  (GEO)   10   Category   Detail   Funding  for   50%  of  one  salary  posiDon  for  a  net-­‐new  Highly  Qualified   Person  (HQP)   Funding  Range   50%  of  salary  up  to  $50,000     Ex:  $80,000/a  salary  =>  $40,000  contribuDon  from  TECTERRA   Matching     Matching  funds  on  a  1:1  basis     Funding  DuraDon   Up  to  1  year,  or  if  less,  then  as  long  as  the  individual  remains   with  the  company   IP/Equity  Stake   None   Payback   None  –  This    is  a  non-­‐repayable  grant  
  11. 11. 1405-­‐GEO-­‐CFP   ! Open  to  all  geoma&cs  applicaDon  in  all  industries   ! Focus  on  HQP’s  that  will  assist  in  building  the  company’s   capacity  for  sales  and  markeDng  operaDons.     11   *Dates  are  approximate     Event     Date     Pre-­‐EOI  InformaDon  Session     May  8,  2014     Applica&on  due     May  15,  2014   Response*   June  19,  2014  
  12. 12. CSS:  Commercializa&on  Support  Services   12   CSS   Business  Support   -­‐  Marke&ng   -­‐  Finance   -­‐  Opera&ons   -­‐  HR   $50,000  Grant             (25%  repayable)   Approved  Service   Providers   Ongoing!   Geoma&cs   Start-­‐Up  &  Small  Companies  
  13. 13. TAP:  Trade-­‐Show  Aaendance  Program   13   $15,000  Grant   (non-­‐repayable)     Up  to  two  delegate  registra&ons  /  event   Booth  registra&on   Three  hotel-­‐room  nights  /  event   Up  to  TWO  events  /  year   Tradeshows  &  Conferences   TAP   Geoma&cs   Start-­‐Up  &  Small  Companies   Ongoing!  
  14. 14. Geoma&cs  Lab   ! State-­‐of-­‐the-­‐art  equipment  for   technology  development     ! Free-­‐of-­‐charge  access  for  TECTERRA   por>olio  companies  &  projects   ! Highly-­‐subsidized  rates  for  non-­‐ por>olio  companies  &  projects   ! Book  your  access  Dme  today!   14   Ongoing!  
  15. 15. TECTERRA’s  Funding  Programs  @  a  Glance   15   Program   Target   Support   Payback   IP  or  Equity   IND   SME  CommercializaDon  Projects   $150  -­‐  $500k   CSS   CommercializaDon  Support  Services   Up  to  $50k   25%   TAP   Tradeshow  Anendance  Support   Up  to  $15k   Geoma&cs  Lab   State-­‐of-­‐the-­‐art  Equipment   Access  &  UDlizaDon   Training   Industry  &  Graduate  Students   HQP  Development   Good  Cents  for  GeomaDcs  
  16. 16. 16   TECTERRA  Industry  Pordolio  
  17. 17. 17   TECTERRA  Industry  Pordolio  
  18. 18. and  before  I  forget…     TECTERRA  GeomaDcs  Showcase:  18th  June  2014  in  Calgary   18   Good  Cents  for  GeomaDcs  
  19. 19. 19   www.tecterra.com                    admin@tecterra.com                    @TECTERRA                    TECTERRA     invesDng  in  innova&on    
  20. 20. SR&EDucation BoastCapital.com | @BoastCapital | BoastCapital.com/blog
  21. 21. What is SR&ED?     Federal and Provincial tax incentive program that allows companies to recover cost associated with R&D and Experimental Development BoastCapital.com | @BoastCapital | BoastCapital.com/blog
  22. 22. What is SR&ED? Scientific Research & Experimental Development     BoastCapital.com | @BoastCapital | BoastCapital.com/blog
  23. 23.   •  Technology Advancement Sought •  Technological Uncertainties, Obstacles, or Challenges •  Technical Content (Iterations) Identifying SR&ED Eligibility BoastCapital.com | @BoastCapital | BoastCapital.com/blog
  24. 24. Claim Examples BoastCapital.com | @BoastCapital | BoastCapital.com/blog
  25. 25. What Can be Claimed? •  Salaries * •  Sub-Contractors * (80% of expenditure) •  Overhead (Traditional vs. Proxy) •  Materials (Transformed or Consumed) •  Capital Expenditures (Ends after 2013) * Work must be carried out in Canada (10% allowed outside of Canada/preformed by Canadian Tax payers) BoastCapital.com | @BoastCapital | BoastCapital.com/blog
  26. 26. Recent Changes •  Eliminate capital expenditures §  For expenditures incurred after Jan 1, 2014 •  Lower the overhead proxy amount §  Currently 65% à 55% by Jan 1, 2014 •  Lower % of subcontractor payments §  Currently 100% à 80% by Jan 1, 2013 •  Lower federal SR&ED rate for large corps. §  Currently 20% à 15% by Jan 1, 2014 BoastCapital.com | @BoastCapital | BoastCapital.com/blog
  27. 27. Canadian Controlled Private Corporations (CCPC) Refundable Investment Tax Credits (ITC’s) •  Salaries – ~64% •  Sub-Contractors - ~32% •  Materials - ~40% Return Rates BoastCapital.com | @BoastCapital | BoastCapital.com/blog
  28. 28. Non-Canadian Controlled Private Corporations or Publically Traded Non-refundable Investment Tax Credits (ITC’s) •  Salaries – ~36% •  Sub-Contractors – ~18% •  Materials – ~28%   Return Rates BoastCapital.com | @BoastCapital | BoastCapital.com/blog
  29. 29. Financial Tracking BoastCapital.com | @BoastCapital | BoastCapital.com/blog
  30. 30. Technical Tracking Documentation should be: •  Contemporaneous •  Dated •  Highlight technological obstacles/challenges Examples: Timesheets, Engineering Books, Versioning Control on Iterations, Technical Challenges BoastCapital.com | @BoastCapital | BoastCapital.com/blog
  31. 31. Time Frame for Claiming •  Deadline: 18 months past the fiscal year end •  Current Filing: 6 months to file taxes after fiscal year end •  Amended Filing: 7 to 18 months past fiscal year end BoastCapital.com | @BoastCapital | BoastCapital.com/blog
  32. 32. Claim Turnaround Time From receipt of a complete claim: •  Current Filing (CCPC) – 120 days •  Non-Refundable (non-CCPC) – 365 days •  Amended Filing (CCPC) - 240 calendar days BoastCapital.com | @BoastCapital | BoastCapital.com/blog
  33. 33. CRA Claim Review Process •  CRA SR&ED review division – Reviews ONLY SR&ED expenditures and technical content (not the company's FS, etc.) •  3 types of CRA reviews – Desktop – Financial only – Technical & Financial BoastCapital.com | @BoastCapital | BoastCapital.com/blog
  34. 34. CRA  Review  Likelihood   •  Expenditure  makeup   –  Large  subcontractor  expenditures   –  Large  materials/capital/lease  expenditures   –  High  percentage  of  specified  employees  being  claimed   •  Claim  size   –  RelaDve  size  ($100K  in  ITC  is  likely  to  be  reviewed)   –  Expenditure  size  as  %  of  overall  company  expenditures   •  Date  of  last  review   –  Reviews  are  likely  to  occur  every  4/5  years   •  Significant  increase  in  ITC’s  claimed  year  over  year   BoastCapital.com  |  @BoastCapital  |  BoastCapital.com/blog  
  35. 35. Our Team BoastCapital.com | @BoastCapital | BoastCapital.com/blog
  36. 36. Contact Information Jeff Christie VP Alberta and Prairies 403-589-2809 jchristie@boastcapital.com     BoastCapital.com | @BoastCapital | BoastCapital.com/blog
  37. 37. www.mitacs.ca 37www.mitacs.ca Delivering innovation through research and development Naeema Bhyat Business Development Director, Alberta May 13, 2014
  38. 38. www.mitacs.ca 38 Who is Mitacs and Why Partner with Us? !   Na&onal  research  network   !   15  years  in  opera&on   !   37  research  partners   !   61  university  partners   !   Almost  10,000  research  projects  to  solve  business   problems  and  drive  innova&on    
  39. 39. www.mitacs.ca 39 Annual snapshot Why Mitacs?
  40. 40. www.mitacs.ca 40 The Mitacs network Why Mitacs? §  Small  &  medium  business   §  Large  business   §  Government   §  Not-­‐for-­‐profit  &  hospitals   ü  Computer  science   ü  Engineering   ü  Anthropology   ü  Economics   ü  Chemistry   ü  Geography   ü  Health  sciences   ü  GeneDcs   ü  Social  work   ü  Forestry   ü  History   ü  Languages  &  linguisDcs   ü  MathemaDcs   ü  Business   ü  EducaDon   ü  InteracDve  arts     ü  Psychology   ü  And  more…  
  41. 41. www.mitacs.ca 41 Business Advantages Why Mitacs? !   Access  experDse  not  currently  in-­‐ house   !   Leverage  R&D  budget  and  may  claim   SR&ED  tax  credits   !   Tap  into  a  naDonal  research  network   !   Develop  IP   !   Pipeline  for  recruitment  of  talent   !   Mitacs  assistance  throughout   applicaDon  process       IndustryIndustry International Academic
  42. 42. www.mitacs.ca 42 Research Outcomes !   Pulp  mill  saves  $40,000/year  with  new   heat  recovery  system   !   RoboDcs  company  enhances  drone   aircrat  camera  prototype   !   Shale  caprock  characterizaDon  tools   developed   !   Enhanced  GPS  navigaDon  technology   commercialized   !   Regulatory  environment  for  geothermal   energy  invesDgated     Why Mitacs?
  43. 43. www.mitacs.ca 43 Building research collaborations !   Large-­‐scale,  mulDdisciplinary  projects   !   From  $15,000  to  $2M+   !   Development  of  IP   !   Top  research  talent   !   Matching  funding   !   Scalable  projects   !   Quick  applicaDon  –  6  week  approval  
  44. 44. www.mitacs.ca 44 $15,000 $5,000 $10,000 4  months   = Funding cycle Mitacs Accelerate
  45. 45. www.mitacs.ca 45 Scalability: build large-scale projects, “clusters” !   First  1  to  5  internship  units:  industry  funding  matched  1:1   Mitacs Accelerate !   6  internships  $80,000  (cluster)  $44,000  from  Mitacs,  $36,000  from   partner.    Minimum  3  interns.    !   Access  researchers  from  mulDple  disciplines  for  the  same   research  project       4  months   4  months   4months   4  months   4  months   4  months  
  46. 46. www.mitacs.ca 46 !   Two-­‐year  projects   !   Postdoctoral  experDse   !   Leveraged  funding   !   RelaDonships  with  experts   !   EvaluaDon  of  potenDal   employees   !   Access  to  specialized  sotware   and  equipment   Develop in-house R&D capacity
  47. 47. www.mitacs.ca 47 $50,000 $7,500 $57,500 Mitacs Elevate Annual Funding cycle Mitacs Elevate
  48. 48. www.mitacs.ca 48 Partners !   Small  and  large  businesses  with  faciliDes  in  Canada   !   DomesDc  or  foreign-­‐owned   !   May  include   –  UDlity  providers   –  University  spin-­‐offs   –  First  NaDons  development  corporaDons   –  Industry  associaDons   !   Limited:  hospitals,  NGOs,  municipaliDes,  government   agencies,  not-­‐for-­‐profit   Mitacs Accelerate
  49. 49. www.mitacs.ca 49 Our  Funding  Partners  
  50. 50. www.mitacs.ca 50 Next Steps !   Contact  me  to  discuss  research   goals:       !   Find  a  local  representaDve:   mitacs.ca/accelerate/contact-­‐us   Naeema  Bhyat   Business  Development  Director   Alberta   nbhyat@mitacs.ca       Mobile:  (403)  478-­‐3101    
  51. 51. IRAP Overview Industrial Research Assistance Program (IRAP) Lynn Sutherland, Industrial Technology Advisor 13 May 2014
  52. 52. IRAP Overview Overview • About National Research Council (NRC) • NRC Lines of Business • Industrial Research Assistance Program (IRAP) • IRAP Advisory Services • IRAP Programs • Criteria & Access • Questions/D
  53. 53. IRAP Overview About NRC •  2012-13 budget: $774M •  Over 4,000 employees and 650 volunteer and independent visitors •  Wide variety of disciplines and broad array of services and support to industry IRAP Research facilities 53
  54. 54. IRAP Overview Science Infrastructure Industrial Research Assistance Program (IRAP) NRC Business Lines 54 Strategic Research & Development Technical Services
  55. 55. IRAP Overview Strategic R&D •  Mission‐oriented research and technology development •  Deliver high impacts for Canada 55
  56. 56. IRAP Overview Technical Services • NRC helps clients solve immediate problems • Shorter term focus on client needs based largely on fee-for-service 56
  57. 57. IRAP Overview Science Infrastructure • NRC helps clients effectively utilize specialized scientific infrastructure • Includes managing the country’s large‐scale research infrastructure by leveraging our national perspective, international linkages and track record of providing facility access to user communities 57
  58. 58. IRAP Overview Industrial Research Assistance Program • Supports innovative Small- Medium Sized Enterprises (SMEs) • Advisory Services “Company Coaching” • Research & Development “De-Risking” • Financial Contributions 58
  59. 59. IRAP Overview www.nrc-cnrc.gc.ca/eng/irap/index.html 59
  60. 60. IRAP Overview IRAP Advisory Services 60 • Over 250 Industrial Technology Advisors across Canada: •  34% have been entrepreneurs •  45% have run their own R&D facility and/or been a leader within an R&D facility •  41% have worked in a college, cégep or university •  75% have masters or PhD education • Diverse areas of expertise: •  Information and Communications Technology •  Energy, Mining, Environment •  Chemicals, Plastics, Composites •  Agriculture, Bio-Products, Life Sciences •  Industrial Engineering, Manufacturing, Construction, Civil •  Business, Finance
  61. 61. IRAP Overview IRAP Programs 61 • Technology Innovation Projects • Youth Employment • Business Innovation Access Program (***new*** April 2014)
  62. 62. IRAP Overview Basic Criteria 62 •  small and medium-sized enterprise in Canada, incorporated and profit-oriented •  have 500 or fewer full-time equivalent employees •  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 •  have business and management capabilities in the firm and the potential to achieve the expected results and outcomes associated with the proposed project •  have financial capabilities in the firm and plan to commercialize the developed technologies •  new technical developments within the project and its potential impact on the firm
  63. 63. IRAP Overview How to Access 63 • The potential client works directly with an Industrial Technology Advisor to determine a fit. • ITAs •  Calgary: ICT (4), Ag/Bio/LifeScience (3), Energy (2), Chem/ Materials (2), Manufacturing/Construction (1) •  Edmonton: ICT (3), Ag/LifeScience (2), Manufacturing (1) •  Lethbridge: Industrial/ICT (1) •  Red Deer: Chem/Energy (1) • Concierge Services 1-855-534-8433 or Concierge-Guide-Expert@nrc-cnrc.gc.ca
  64. 64. Questions Thank you Lynn Sutherland, Industrial Technology Advisor lynn.sutherland@nrc-cnrc.gc.ca
  65. 65. Questions? BoastCapital.com | @BoastCapital | BoastCapital.com/blog May 13, 2014

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