Categorized | Canadian Politics

New Harper Government pilot program positions Canadian SMEs to move product, services to market faster

Posted on 28 March 2014 by admin

Business Innovation Access Program creates linkages between businesses and universities, colleges, and research institutions for economic benefits

 The Honourable Greg Rickford, Minister of State (Science and Technology), joined by John R. McDougall, President of the National Research Council of Canada (NRC), and Kyle Seeback MP for Brampton West announced a new program that will help small and medium-sized businesses (SMEs) access the business and technical services they need to get innovative products and services to market faster.

The Business Innovation Access Program (BIAP), a $20-million investment, will leverage the extensive networks and knowledge within NRC’s Industrial Research Assistance Program (NRC-IRAP) to connect SMEs with universities, colleges and other research institutions to address and resolve barriers to the commercialization of ideas, products and services.

The support available through the program can involve external business services such as planning and marketing as well as technical services such as specialized testing, product prototyping and process development.

BIAP follows from a series of recommendations made by the independent Research and Development Review Expert Panel lead by Tom Jenkins in 2010-11 to better focus federal investments while maximizing innovation and economic benefit for Canadians.

To date, the Harper Government has delivered on a number of recommendations from the Panel including creating a Venture Capital Action Plan (VCAP) to increase private sector venture capital funds, transforming the National Research Council to become a business-focused research council with a Concierge service to navigate existing NRC programs and services, leveraging federal government procurement to encourage innovative Canadian products and services, and doubling the investments of the Industrial Research Assistance Program (IRAP) while encouraging continued partnerships between Canadian universities, colleges and businesses.

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