Government of Canada announces available funding for the IRAP Innovation Assistance Program
On April 17, 2020, the Government of Canada announced $250 million in funding for the Innovation Assistance Program (IAP) to assist Canadian small and medium-sized enterprises (SMEs).
IRAP IAP provides a wage subsidy to eligible employers for up to 12 weeks.
SMEs pursuing technology-driven innovation who have been unable to secure funding under the Canada Emergency Wage Subsidy (CEWS) are eligible and can apply for financial assistance under IRAP IAP.
The call for applications will close April 29, 2020.
For more information about the program please click here.
Here is the link to the application portal: https://nrc-covid-19.microsoftcrmportals.com/en-CA/