There are many funding opportunities to support research and development activities with the private sector and industry associations. Some of these include:
For companies, NBIF now offers (valued at up to $80,000 and 80% of R&D costs) which can be used to purchase the services of researchers here at Mount Allison University. For researchers, the Research Innovation Fund has a number of options and many can involve the private sector as funding partners.
The Collaborative Research and Development (CRD) Grants are intended to give companies that operate from a Canadian base access to the unique knowledge, expertise, and educational resources available at Canadian post-secondary institutions and to train students in essential technical skills required by industry. The mutually beneficial collaborations are expected to result in industrial and/or economic benefits to Canada.
Engage Grants (EG) are intended to foster the development of new research partnerships between academic researchers and companies, that have never collaborated before, by supporting short-term research and development projects aimed at addressing a company-specific problem. Grants are valued at $25,000 for a six-month project.
At Mount Allison University we have a pool of funds available to support short term, industry driven projects designed to answer specific industry problems or questions. This may involve testing an application, doing some background research on an issue, exploring market potential or feasibility, and much more. Projects must be short term (three months or less) with expenses of up to $5,000. Faculty members with ideas should contact , while industry representatives can contact either 506-364-2618, or an NRC for more information. Please note that a Request for Assistance Form must be completed, signed by the company representative, and submitted to either David Bruce or their NRC Industrial Technology Advisor.
Funds are available to place graduate students and post-doctoral fellows with a company for a four-month period, to work on an industry problem. Up to $15,000 is available per placement, with the industry partner required to cover half of the costs. A maximum of $5,000 within this envelope can be used to cover research expenses of the faculty supervisor and/or the project, in addition to the stipend paid to the student. For more information contact , Director, Business Development for NB and PEI, 506-478-1932.