Contribution Agreement Gac

The National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) manages your funding agreement. NRC IRAP is also responsible for processing receivables and issuing payments. Please ask all questions about claims and reports to NRC IRAP (NRC). Financial assistance can take the form of a contribution or grant. Expanding to a target market outside of your approved project is a significant change from the original agreement. Therefore, it is not eligible for a change. To access a new target market, you must close your active project and reapply. NRC IRAP provides models of claims and status reports after receiving a signed copy of your financing agreement. They send templates to the legal signature authority identified in the application. Changes to a contribution agreement are most frequently requested: you must also inform us if you are aware of a breach of terms and conditions under the financing agreement or changes to information identifying your business, such as: CanExport SME is a financing program to promote and improve Canada`s business diversification efforts. It provides grants and contributions to Canadian companies to prepare and establish them in international markets, where they currently have little or no sales. Global Affairs Canada will ask if their project has been approved.

Once the notification is notified, NRC IRAP companies must return a signed financing agreement within 20 business days. If they do not, they will lose their funding and will not be reimbursed for their activities. To be eligible, the proposed activities and expenses must be made between the date of arrival and the target date of the project, which is defined in your funding agreement. All expenses and activities outside the project phase are non-refundable. The Department reserves the right to apply to the Organization any sum owed by Her Majesty`s Organization. This section does not limit the right of delay granted by the Act, a provision of the Agreement or other agreements between Her Majesty and the Organization. Recipients can expect to receive their funding agreement via email within 10 to 12 business days. An authorized employee of your company must verify, sign and return the agreement within 20 business days of ratification by NRC IRAP. If you do not meet the terms of the funding agreement, we can request reimbursement of the funds.

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