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Other Government Grant Programs
Government grant programs beyond SR&ED and IRAP may be
available that suit the specifics of your research and development
project. Government grant programs are very numerous and are
constantly changing, but we would be pleased to assist your
company with applying for a government grant. It is possible
that an early stage of new product development may be suitable
to such technology grants.
Government Grant Programs -
Some Comments
Unlike the SR&ED tax credit however, these technology
grants are likely to be competitive. Like foundation grants,
they are also likely targeted to specific results or fields,
require a rigorous vetting / approval / reporting process,
and only fund certain types of costs. The Intellectual Property
(IP) resulting from the work may have to enter the public
domain at a specified period after completion, and Government
grant programs are likely to lean towards basic or applied
scientific research rather than advancement for new product
or process development as the ultimate objective. Each program
has a unique set of rules and guidelines requiring, in some
cases, significant up-front exploration of those rules. Preparation
of an application may proceed in stages of complexity, which
reduces the time investment by all parties. TSGI would be
happy to conduct a preliminary assessment of alternative Government
grant programs for their suitability to your R&D, followed
by more in-depth investigation of the best candidates if warranted,
and then propose a suitable arrangement for bringing the necessary
resources together to make a submission.
A list of government grant programs can be found on our
page.
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