Irap Funding on the Rise
Irap funding has returned almost to Economic Action Plan levels – and the rise has been especially strong in New Brunswick.
The National Research Council’s Industrial Assistant Program, known as Irap, is a cornerstone program of startup communities across the country, and certainly in Atlantic Canada. Data from the NRC show that Irap funding in Atlantic Canada rose 49 percent to $20.6 million in the year ended March 31, 2013 (The most recent data available). The growth was strongest in New Brunswick, where Irap funding rose 80 percent to $8.3 million. New Brunswick accounted for 40