This program is an exciting opportunity for your business to expand and innovate on an international scale. By applying, you can secure funding for collaborative research and development projects with foreign partners. This financial support is structured as a grant, which means it doesn't need to be repaid as long as you adhere to the program conditions.

Participating in this initiative opens up access to foreign expertise and markets, helping you to enhance your innovation capabilities. Your company can develop, adapt, or validate unique Canadian technologies, leading to commercialization within five years. This could significantly boost your growth potential and position your business as a leader in your sector. Plus, since there are no minimum or maximum revenue or employee requirements, this program is tailored for businesses of all sizes.

Effortlessly tap into global opportunities and elevate your business with financial support designed specifically for innovative ventures like yours. Don't miss out on this chance to collaborate and grow!

Type of Financing
The financing offered is in the form of grants. This means you won't have to pay back the money you receive, making it a valuable opportunity for your business.

Repayment Terms
Since this is a grant, there are no repayment terms or interest rates involved. You receive the funds without any future financial obligations tied to them.

Eligible Expenses
Funds from this program can be used for various expenses such as:

• Research and development costs
• Collaboration with foreign partners
• Technology adaptation and validation
• Costs associated with the commercialization of the developed technology

Restrictions on Use
However, funds cannot be used for:

• General operational costs
• Equipment purchases that don’t directly relate to the project
• Costs incurred prior to receiving the grant

Fees
There are no fees associated with the program. You can focus on your project without worrying about any hidden costs.

• Location: Must be based in Canada.
• Sectors: Open to all sectors.
• Legal Structure: All legal structures are applicable.
• Profit Structure: All profit structures are applicable.
• Employees: No minimum or maximum number of employees required.
• Company Revenue: No minimum or maximum revenue requirements.

Disqualifications: None stated in the provided context.

This program offers financial support to help you build partnerships for research and development with international collaborators. You can receive funding specifically for joint projects that develop, adapt, or validate your Canadian technology. The ultimate goal is to see this work lead to commercialization within five years.

There are key advantages to participating. Not only do you gain access to foreign partnerships, but you also enhance your innovation capabilities. This can open up new markets for your business and create opportunities for growth. No minimum or maximum revenue or employee requirements mean that all types of organizations can take part.

The funding is a grant, which means you won’t have to pay it back as long as you meet the program conditions. This support is available across Canada and is open to all sectors, giving your business a unique chance to expand its reach and impact.