News Summary

The Sustainable Development Technology Canada (SDTC) has resumed funding for eligible startups as it transitions its programming to the National Research Council Canada’s (NRC) Industrial Research Assistance Program (IRAP). The transition comes amidst previous funding delays and governance issues at SDTC. The NRC has announced the establishment of the NRC IRAP Clean Technology program, which aims to support innovative Canadian companies in developing and commercializing clean technologies. Applications for this program are expected to open early in the fiscal year 2025-2026, starting April 1. Meanwhile, existing projects under SDTC are being transitioned to the NRC program, with a full transition expected this spring. Plans are also in place to merge SDTC and NRC IRAP into the Canada Innovation Corporation by 2026-2027. However, political controversies and upcoming elections may impact these plans.