INNOV-R — CRITM

📋 Eligible Entities - For-profit corporations registered in Canada - Small and medium-sized enterprises (SMEs) with fewer than 500 employees - Large enterprises may be eligible under specific conditions - Sole proprietors and partnerships operating as registered businesses - Collaborating partners must include at least one: - Accredited academic institution (university or college) - Public research centre or recognized research organization - Eligible research institution as defined by program guidelines ### 💰 Funding Details - Maximum Grant Size: $500,000 per year - Project Duration: Up to 3 years - Total Potential Funding: Up to $1,500,000 over the full project term - Cost-Share Requirement: Grant covers up to 50% of eligible expenses - Applicant Responsibility: Minimum 50% of project costs must be funded by applicant or other sources - Repayability: Non-repayable grant (contribution-based funding) - Matching Sources: Can include in-kind contributions, partner funding, or applicant's own resources ### 🛠️ Approved Expenses - R&D Payroll: Salaries for researchers, engineers, and technical staff directly engaged in the project - Equipment & Materials: Purchase or lease of R&D equipment, materials, and supplies - Subcontracting: Costs for outsourced R&D work to eligible institutions or vendors - Professional Fees: Consulting and expert services related to project execution - Testing & Validation: Laboratory testing, prototyping, and performance validation - Project Management: Administrative and project coordination costs (limited percentage) - GHG Emissions Reduction Focus: All expenses must directly support reducing greenhouse gas emissions through technological innovation ### ⚠️ Conditions & Milestones - Mandatory Collaboration: Project must involve active partnership with at least one eligible academic institution or public research centre throughout the project duration - GHG Emissions Focus: All R&D activities must directly target greenhouse gas emissions reduction - Reporting Requirements: Annual progress reports demonstrating milestones, deliver