NATIONAL RESEARCH COUNCIL CANADA INDUSTRIAL RESEARCH ASSISTANCE PROGRAM Supporting SME growth through innovation and technology Bruce Hardy Industrial Technology Advisor March 16 th, 2016

NRC Industrial Research Assistance Program 2 MANDATE Stimulate wealth creation in Canada through technological innovation VISION Be the first place where innovative firms go for support to develop their ideas into commercial success MISSION Accelerate the growth of SMEs by providing them with a comprehensive suite of innovation services and funding Who we are NRC Industrial Research Assistance Program 2

3 Delivered by a network of over 400 professionals located in more than 100 communities across Canada NRC-IRAP locations NRC Research facilities

NRC Industrial Research Assistance Program 4 What we do Support the needs of small- and medium-sized firms engaged in innovative or technology-driven activities Assist firms to develop, adopt and adapt technologies and incorporate them into competitive products and services to be commercialized in the global marketplace

NRC Industrial Research Assistance Program 5 How we serve Provide a suite of advisory services Offer strategic, competitive, business intelligence Promote networking and linkages with potential partners in Canada and abroad Enable non-repayable financial assistance

NRC Industrial Research Assistance Program 6 How to become a client NRC Industrial Research Assistance Program 6

7 If your company meets all of the following criteria: small-or medium-sized firm (fewer than 500 full-time employees) located in Canada incorporated and profit-oriented 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 Your company may be eligible for support Eligibility

NRC Industrial Research Assistance Program 8 Meeting at your company’s site An Industrial Technology Advisor (ITA) will visit you at your location to better understand Your business structure (ownership, management, etc.) Your business strategy The nature of your activities (products/services, clients, competitors…) Available resources (human, material, etc.) You will Discuss how NRC-IRAP can help you achieve your business goals Learn more about the variety of NRC-IRAP services and programs Discuss the conditions for financial contribution support

NRC Industrial Research Assistance Program 9 Project definition Definition of the business opportunity Identify the client’s needs Decision to “buy” vs. “develop” new technology Define the project’s objectives, resources, timelines, deliverables, etc. If we identify there is a project I will provide a proposal template

NRC Industrial Research Assistance Program 10 Proposal evaluation Project assessment: My team and I will assess these 3 things The business opportunity The firm and its capabilities The project content and technical risk

NRC Industrial Research Assistance Program 11 Project management and follow-up I will work with you from start to finish: Offer support throughout the life of your project Ensure you reach your ultimate technical and business objectives Follow-up to ensure you maximize the commercial benefits resulting from your project And you don’t get just one kick at the can

NRC Industrial Research Assistance Program 12 Bruce Hardy: (250) Contact me NRC Industrial Research Assistance Program 12