For Canadian companies building value around innovation, intellectual property can be both a growth driver and a costly hurdle. The IP funding — IAC Grant Program is designed to help businesses move faster on IP-related projects by reducing the financial burden of developing, protecting, and commercializing their ideas. Delivered by the Innovation Asset Collective, this program supports organizations across Canada and a wide range of industries that see IP as a strategic business asset, not just a legal requirement.
The program provides non-repayable funding of up to around $20,000, depending on membership type, to support projects that align with a company’s broader IP strategy and demonstrate clear business impact. Rather than focusing on one narrow activity, the funding can be used as part of a larger effort to strengthen a company’s competitive position, whether that involves refining an IP roadmap, advancing patent-related work, or leveraging expert insight to make smarter commercialization decisions. The grant is available to IAC members in good standing and reflects the organization’s mandate to help Canadian innovators uncover, protect, and grow the value embedded in their IP.
Applications are currently accepted on an ongoing basis, making this a timely option for businesses already thinking about how IP fits into their growth plans. Exploring the full program details can help determine how this funding and strategic support might fit your next stage of innovation.
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