Industrial Research Assistance Program Overview
Suggestions from clients
Issue
Expensive to
Commercialize
Lack of Facilities
Scale-up
Funding issues
Regulatory and
compliance
Lack of Expertise
of Firm
Suggestions summarized
Creation of funding options to support start-up stages. More
"creative" or flexible funding options.
Subsidize the usage of the FDC facilities to assist firms to get to
revenue self sustaining stage. Develop other facilities - shareable?
Creation of funding programs which support capital items. Create
an approach to lease/loan equipment. Simplify onerous programs.
Develop a plain language support guide for regulatory and
compliance. Create training events. Have specialists to mentor.
Create a mentoring program to help new businesses learn how to
go from start-up to commercialization.
Marketing issues Creation of more business development staffing and events to
assist development of a marketing plan/business model.
19
Industrial Research Assistance Program
MRC.CMRCView entire presentation