R&D Project Funding

The Research & Development Corporation administers funding for R&D projects relevant to local industry and the economy of Newfoundland and Labrador.

Academic-led Projects

The Industrial Research and Innovation Fund (IRIF) is targeted at post-secondary institutions and other not-for-profit research facilities to build capacity and conduct research in areas that are relevant to industry and our economy. This includes funding for new researchers (IgniteR&D), leverage required against federal R&D programs (LeverageR&D) and support for industry-academic collaboration (CollaborativeR&D).

Industrial-led Projects

The R&D Voucher and R&D Proof of Concept programs provide small-and-medium sized companies with access to R&D funding. R&D Vouchers improve access to researchers (technical expertise), research facilities and equipment and facilitates collaborative R&D among industry and academia. R&D Proof of Concept reduces technical and financial risk of pre-commercial R&D.