Funding Overview

There are a number of resources available to help you find funding for your studies in the LIVELab. As we collect successful grant applications, we will make samples available for researchers to assist everyone with their future grant applications.

Funding for Academic Research
The primary sources of funding for academic research are the Tri-Council Granting Agencies (NSERC, SSHRC, CIHR). You may include the LIVELab as part of your next application, or if your existing grant includes allowances for such research, you can use your existing grant. There are a number of alternative grants available for research studies as well. The University’s Research Office for Administration, Development and Support (ROADS) works with researchers to assist them with finding grant opportunities and applying for them.

McMaster researchers can obtain information about funding sources by:

Funding for Industry Collaboration
There are a growing number of funding opportunities promoting research collaborations between industry and academic institutions. By leveraging some of these funds, you can more easily use the LIVELab to help test/develop your products and gain market insight. McMaster’s Industry Liaison Office (MILO) is there to assist you in applying and learning about these grant opportunities.

  • For a complete listing of grant opportunities from the Government to help establish a collaboration, click here

Quick Listing

NSERC Strategic Project Grants (SPG) April 1 Increase research and training in targeted areas that could strongly enhance Canada’s economy. Early-stage project research in targeted areas NSERC: $150K/yr (average)

Industry: Support letter only

Term: 1-3 yrs

26 weeks


NSERC Industrial Research Chairs (IRC) No deadline, (reviewed: Mar, Jun, Sept, Dec) Faculty salary and research program NSERC: $100-$300K/yr (average)

Industry: 1:1 match, cash only

Term: 5 years

4 to 7 months
NSERC Interaction Grants No deadline Funds to travel and meet with potential industry partners in Canada NSERC: $5K

Industry: identified contact at a company

Term: 6 months

1 week


NSERC Engage Grants (EG) Program


No deadline New collaboration between industry and academic researcher to solve a company-specific problem NSERC: $25K

Industry: Support letter and in-kind contribution

Term: 6 months

4 to 6 weeks



NSERC Collaborative Research and Development (CRD) Grants


No deadline Well-defined projects undertaken by university and private-sector partners. NSERC: $100-200K/yr (average)

Industry: 1:1 match of cash and in-kind (up to max. of cash contribution)

Term: up to 5 yrs

3-5 months


OCE VIP I No deadline VIP I supports collaborations up to 12 months in duration, between industry and academia that lead to knowledge mobilization, commercialization and increased productivity with significant economic impact for Ontario. OCE: OCE will invest up to $20,000, additional funding can be accessed through NSERC Engage (up to $25,000), and NRC-IRAP(up to $20,000)

Industry: 1:1 match of cash and in-kind, Industry cash amount must be min. 25% of amount requested from OCE

Term: up to 12 months

OCE VIP II No deadline VIP II helps eligible companies develop, implement and commercialize technical innovations by supporting partnerships between Ontario’s industry and academia.


OCE: minimum of $50,000 annually into a VIP II project.  The maximum OCE investment is $75,000 annually, or up to $150,000 over two years.

Industry: 1:1 match of cash and in-kind, Industry cash amount must be min. 50% of amount requested from OCE

Term: 1-2 years