The Engage Grants Program will support the creation of a new university-industry partnership to undertake a fully funded, short-term research project that addresses a company-specific problem. It awards up to $25,000 over a maximum of six months to cover direct project costs.

The Interaction Grants program will help establish new contacts between companies and NSERC-eligible researchers to identify a company-specific problem that could be solved through a subsequent R&D partnership. Up to $5,000 over three months covers such expenses as travel and meetings needed to set up the partnership.

In addition to the new programs, the Industrial Research Chairs, Collaborative Research and Development Grants, Idea to Innovation (Phase IIb) and Strategic Projects Grants programs will be modified to allow up to 10 percent of the eligible direct cost of research to be devoted to project management expenses. The Idea to Innovation Program now also allows institutions to submit proposals devoted solely to market studies on potential products, processes or technologies.

Read more at http://www.nserc-crsng.gc.ca/Media-Media/NewsRelease-CommuniqueDePresse_eng.asp?ID=170