R&D Proof of Concept helps reduce the technical and financial risk of pre-commercial research and development (R&D) projects for businesses where R&D is required to realize the commercial potential of innovative products, processes or services. Eligible activities include applied R&D, prototyping, performance testing against pre-determined criteria, field trials and small-scale demonstration projects.
This program targets innovative businesses, located in Newfoundland and Labrador, with pre-commercial R&D needs and high growth potential.
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