Research and Development

By mmuise
Description:

The Department of Industry, Energy and Technology offers programs to support research and development projects for both commercial and non-commercial applicants. For commercial applicants, the Department of Industry, Energy and Technology supports projects that reduce the technical and financial risk of research and development projects where R&D is required to realize the commercial potential of innovative products, processes or services. For non-commercial applicants, the Department of Industry, Energy and Technology provides support through non-repayable contributions to academic and research institutions for the development and implementation of research and innovation projects for the long-term economic benefit of Newfoundland and Labrador.


Comments on Funding:

For commercial applicants, the maximum contribution to a project is normally 50% of the total eligible costs.
For non-commercial applicants, the program provides normally up to 50% of total eligible costs of a specific project, with a maximum investment of $750,000.

Deadline: Continuous Intake
Eligibility:

Applicants must:

  • be commercial,
  • be non-commercial (academic and research institutions),
  • propose projects that are technical in nature and lead to an incremental advance of an innovative product, process or service, if they are commercial applicants,
  • propose projects that must demonstrate industry relevance and have significant potential for economic impact in Newfoundland and Labrador, if they are non-commercial applicants.
Application Steps:

Applicants must submit the completed application form.

Documentation Needed:

No specific documentation has been identified.

Other Things to Note:

-

About the author
mmuise