IAC Program
IP Funding
As an SME, you are often capital constrained. Your allocation of funds supports your business-critical infrastructure and R&D initiatives, while IP-specific spend is often put on the backburner. This is where IAC can help.
To help you scale your business, IAC offers two forms of funding to support IP development and growth:
The IAC Grant Program
The IAC Grant Program offers multiple submission opportunities throughout the year, designed to support IP activities in your business when you need it most. With two distinct IP grant programs, we provide tailored support for both Full Members and Associate Members, ensuring our members have the resources to succeed.
• Full Member Grant: Awards up to $20,000 per grant.
• Associate Member Grant: Awards up to $10,000 per grant.
Recognizing the gender imbalance in the IP landscape, IAC reserves a percentage of funding each round for women-led companies, creating opportunities for those historically underrepresented.
Grant applications are evaluated based on how effectively your proposal demonstrates the use of intellectual property to advance your business strategy.
Diversity and Inclusion at IAC
IAC is committed to inclusion. The term “woman” encompasses cis and trans women, two-spirit, non-binary, gender-diverse individuals, and anyone who identifies as such, ensuring that funding is accessible to a wide range of innovators.
Evalution Criteria
At IAC, we believe that a good IP Strategy is incomplete until it involves a plan that supports a business’s ability to successfully commercialize innovation and drive revenue. IAC Grant submissions are judged on your ability to demonstrate how you’re able to move your business strategy forward using IP.
We evaluate submissions on three primary conditions:
- Does the requested funding have alignment with the IP strategy of the organization?
- Does this request consider business impact on the company?
- Is there alignment with the IAC mandate advancing data driven cleantech SME patent portfolios, so the SMEs can remain competitive as they scale?