Collaborative Research Funding
Federal and provincial funding programs
Organizations and individuals interested in partnering with the university on research projects have access to a range of federal and provincial programs designed for the university system. In some cases, federal and provincial programs can be accessed for a single project, which means leveraging moderate industry funding to support a much larger research project.
Matching programs
Agencies such as the Ontario Centres of Excellence (OCE) and the Natural Sciences and Engineering Research Council of Canada (NSERC) match cash and in-kind contributions to university-industry collaborative projects, with in-kind contributions including the provision of materials, staff time, facility use, etc. As a result, projects involving only $20,000 to $30,000 from industry can be turned into projects with budgets worth more than $60,000.
Industry research and development programs
Credits from the Scientific Research and Experimental Development program, a federal tax incentive program, encourages Canadian businesses of all sizes and all sectors to:
- Conduct research and development in Canada.
- Apply to research contracted to a university partner.
- Allow for a substantial refund based on cash and in-kind contributions to a research project.
In addition, the NRC Industrial Research Assistance Program, an innovative assistance program for small- and- medium-sized enterprises, can be used to support the internal and external costs of research
