Funding News & Blog
Funding News
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AI Compute Access Fund: Up to $5M for Cloud AI Compute (Closed)
The AI Compute Access Fund is a federal grant of $100K–$5M that covers part of cloud AI compute costs for Canadian AI SMEs. The initial call closed July 31, 2025, and no new call has been announced.
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IRAP AI Assist: Up to $10.5M for Generative AI and Deep Learning
NRC IRAP AI Assist is a competitive federal stream offering up to $10.5M to Canadian SMEs building generative AI and deep learning products, with intake through calls for proposals.
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IRAP: Non-Repayable R&D Funding for Canadian Tech SMEs
NRC IRAP provides non-repayable contributions to Canadian tech SMEs for innovation projects, covering eligible salaries of technical staff. Intake is continuous, with up to $500,000 for established IRAP clients.
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SR&ED: Up to 35% of R&D Costs Back as Cash, Now on $6M of Spending
SR&ED is a federal tax credit that returns up to 35% of eligible R&D expenditures as cash to CCPCs. Budget 2025 doubled the expenditure limit to $6M, raising the maximum annual refund to $2.1M.
