The partnership offered with a university, college, or health institution is a game-changer for your business. By applying, you'll gain access to world-class expertise and facilities, enabling you to tackle complex challenges effectively. This collaboration can help you solve specific problems, validate ideas, and improve processes without a heavy financial burden. It's like having a team of top researchers at your fingertips.

Here are some key benefits of this program:

• Expert advice: Work closely with seasoned researchers who can provide insight and guidance tailored to your needs.
• Resource access: Utilize cutting-edge facilities and intellectual property to bring your ideas to life.
• Reduce risk: Validate your concepts before full-scale implementation, minimizing potential pitfalls.

With no strict requirements regarding revenue or employee count, this opportunity is accessible for businesses of all sizes. Don't miss out on the chance to enhance your business performance and drive innovation efficiently.

Type of Financing Offered

You will receive grant funding through this program. Grants are non-repayable funds, meaning you won’t need to pay them back. This provides you with a significant boost without the pressure of future repayments.

Repayment Terms

Since this is a grant, there are no interest rates or repayment terms involved. You can use the full amount for your project without worrying about monthly payments or added costs.

Eligible Expenses

You can use the funds for various expenses, including:

• Research and development costs
• Hiring specialized staff or consultants
• Purchasing materials and equipment needed for your project
• Any expenses directly related to building proofs-of-concept or improving processes.

Restrictions on Funding

The grant funds cannot be used for:

• General operating expenses unrelated to the project
• Capital expenses that do not directly support your partnership initiative

Fees Associated with the Program

There are no hidden fees or costs tied to this program. What you receive is what you can use, making it a straightforward financial opportunity for you and your business.

• Location: Business must be based in Canada.
• Sectors: All sectors are eligible.
• Minimum Employees: No minimum employee requirement.
• Maximum Employees: No maximum employee limit.
• Minimum Company Revenue: No minimum revenue requirement.
• Maximum Company Revenue: No maximum revenue limit.
• Legal Structure: All legal structures are applicable.
• Profit Structure: All profit structures are applicable.

Disqualifications:

• None specified.

You can partner with a university, college, or health institution to unlock a treasure trove of resources and expertise. This partnership allows you to access world-class facilities and intellectual property to tackle complex challenges in your business. Whether you need help solving specific problems, validating new ideas, or improving processes, you’ll find the support you need.

The value of this collaboration lies in the expert advice and insight you gain. You can work closely with researchers who can help build proofs-of-concept and refine your approach. This means you can innovate efficiently, reduce risk, and ultimately enhance your business performance.

There are no strict requirements regarding employee count or revenue, meaning it's accessible for businesses of all sizes across various sectors. This is a unique chance to leverage external expertise without the heavy financial burden that usually comes with such initiatives, making it an opportunity you don't want to overlook.