Business Link — Market Research Services
Highlights
This program is designed for business owners like you who want to make informed decisions and grow their business. By applying, you gain access to top-tier market research databases and one-on-one support from market research experts. This means you get valuable insights tailored to your business needs, helping you understand your market, benchmark against competitors, and develop effective marketing strategies.
What You Get:
- Access to North America’s top 5 market research databases
- Dedicated, personalized support from market research experts
- Comprehensive, ready-to-use secondary data lists
How It Helps:
- Informed Decision-Making: Use data to make smarter business choices.
- Competitive Edge: Understand your competitors and stay ahead.
- Market Insights: Gain deep insights into your target market and industry trends.
Applying is straightforward and the benefits are substantial. With expert guidance and high-quality data, you can confidently plan your business strategies and achieve your goals.
Financing Details
Type of Financing: Grant
Repayment Terms and Interest Rates:
- No repayment required.
- No interest rates applicable.
Eligible Expenses:
- Market research activities.
- Data collection and analysis.
- Purchasing market research reports.
- Hiring market research consultants.
- Subscription to market research databases.
Ineligible Expenses:
- General operating expenses.
- Capital expenditures (e.g., equipment, real estate).
- Marketing and advertising costs unrelated to market research.
- Any expenses not directly tied to market research activities.
Fees:
- No application fees.
- No administrative fees.
Qualifications
- Must be a small business.
- Must be seeking growth or starting a new business.
- Must be interested in conducting market research.
- Must be willing to fill out a market research request form.
- Must schedule a consultation appointment.
- Must be able to receive data within 10 days.
Must book a follow-up meeting.
Disqualifications:
- None specified.
Description
This program offers your business a chance to receive up to $100,000. You can use this money to buy new equipment, improve your workspace, or cover other essential expenses.
Eligible uses include:
- Purchasing new machinery or technology
- Renovating your business premises
- Covering operational costs like software or marketing
The funds come with favorable terms. You have up to 10 years to pay back the money, making it easier to manage your cash flow.
Why is this program valuable for your business?
- Boost your growth: Invest in new tools and technology.
- Improve efficiency: Upgrade your workspace or equipment.
- Financial flexibility: Spread out the repayment over a decade.
This program is designed to help your business thrive and grow. Take advantage of this opportunity to invest in your future.
Program Steps
Fill Out the Market Research Request Form: Start by completing the market research request form available on the program's website. This form will gather basic information about your business and your specific research needs.
Schedule a Consultation Appointment: Once the form is submitted, schedule a consultation appointment with a market research expert. This meeting will help clarify your research goals and ensure you receive the most relevant data.
Prepare Documentation: Gather the necessary documents to support your market research request. These may include:
- Business Plan
- Financial Statements
- Customer Demographics
- Competitor Information
- Industry Reports
Attend the Consultation: During the scheduled consultation, discuss your business needs and objectives with the market research expert. They will guide you on the type of data and insights that will be most beneficial for your business.
Receive Your Data: Within 10 days of your consultation, you will receive the requested market research data from the team. This data will be tailored to your business needs and objectives.
Book a Follow-Up Meeting: After reviewing the data, book a follow-up meeting with the market research expert. This meeting will help you understand the data and how to apply it to your business strategy.
Utilize the Data: Use the insights and data provided to make informed business decisions, develop marketing strategies, and improve your products or services. This will help optimize your business and enhance its competitive edge.