NRC IRAP Funding For SOC 2 Compliance in Canada

For Canadian SaaS companies, SOC 2 compliance is the key to unlocking enterprise deals, but the cost can be a heavy hit to your runway. The good news is that you don’t have to choose between compliance and growth. The National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP) can provide funding for your SOC 2 gap assessment, and we’ve already helped Canadian SaaS companies secure it.

NRC-IRAP: Your Funded Pathway to SOC 2 Compliance

The NRC-IRAP program is designed to help innovative Canadian businesses scale and compete. A project to strengthen your cybersecurity posture through SOC 2 compliance aligns perfectly with this goal, as it directly enhances your technical capabilities and opens the door to lucrative enterprise sales.

The journey to SOC 2 begins with a gap assessment, which provides a detailed roadmap of the exact steps your company needs to take to become audit-ready. This is the crucial first step that we have successfully helped clients get funded by IRAP.

With a funded gap assessment, you gain a clear, prioritized plan, which accelerates your compliance timeline and makes it easier to leverage GRC automation platforms like Vanta, Drata, Scrut Automation, or SecureFrame for implementation and monitoring.

How Truvo Cyber Can Help

Navigating compliance and government funding can be complex. At Truvo, we simplify both. We provide the expert guidance to get your strategic gap assessment funded by IRAP first.

Our process is straightforward:

1. IRAP Application Guidance: We guide you on how to apply for NRC-IRAP funding, framing your SOC 2 gap assessment as a strategic project that enhances your firm’s technical and commercial capabilities.
2. Expert Gap Assessment: Once your funding is approved by IRAP, our certified experts conduct a thorough gap assessment. This provides you with a clear and actionable roadmap to compliance.
3. Path to Compliance: With your funded roadmap in hand, we then partner with you to implement the necessary controls and prepare you for a successful SOC 2 audit.

Don’t let the cost of compliance be a barrier to your growth. We’ve seen firsthand how this funding can turn a necessary expense into a strategic advantage.

Funding is limited and competitive. If you’re a Canadian SaaS company ready to move upmarket, contact us today at IRAP@truvo.ca to learn more.