This program offers a unique chance for your business to unlock world-class expertise and resources through partnerships with leading universities and health institutions. By collaborating with these organizations, you can address complex challenges, develop proofs-of-concept, and validate your innovative ideas. This not only helps improve your processes but also positions your business favorably in a competitive marketplace.

What's more, this program is inclusive, with no funding limits or revenue requirements. It caters to all sectors and business types, allowing you to focus on enhancing your operations without the stress of meeting strict qualifications. Joining forces with top-tier researchers and facilities will empower you to innovate and grow, ensuring your business stays ahead of the curve.

In short, applying for this program means access to cutting-edge knowledge and support that can significantly impact your business's success. Embrace this opportunity to partner with experts who can help you tackle tough problems and drive growth.

Type of Financing

This program offers grants to eligible businesses. Grants are funds that you do not need to repay, allowing you to invest in your projects without the worry of future payments.

Repayment Terms and Expenses

There is no repayment term or interest rate associated with the grants, since they are non-repayable. You can use these funds for a variety of eligible expenses, including:

• Research and development
• Proofs-of-concept
• Process improvements
• Performance validation

Restrictions and Fees

The funds cannot be used for general business expenses unrelated to the project or for purposes such as debt repayment. Additionally, there are no hidden fees associated with the program, making it straightforward and accessible for your business.

• Location: Assumed to be in Canada.
• Sectors: Open to all sectors.
• Employees: No minimum or maximum number of employees required.
• Company Revenue: No minimum or maximum revenue qualifications.
• Legal Structure: All legal structures are eligible (e.g., corporations, sole proprietorships).
• Profit Structure: All profit structures are eligible (e.g., profit and non-profit organizations).

Disqualifications: None specified.

When you partner with a university, college, or health institution, you gain access to top-tier expertise and resources. This collaboration allows you to tackle complex problems that your business might face. You can work together to develop proofs-of-concept, improve your processes, and validate potential projects, which can significantly enhance your operations and offerings.

This program provides you with the opportunity to leverage cutting-edge facilities and intellectual property. By joining forces with these institutions, you are not just solving issues; you are positioning your business for growth. This is a chance to innovate and stay ahead in a competitive market.

You don’t have to worry about strict funding limits or revenue requirements. All sectors, legal structures, and profit models can benefit from this partnership. It's designed to be inclusive and supportive, allowing you to focus on what really matters—innovating and enhancing your business with the help of experts in the field.