Centre for Drug Research and Development
Highlights
This program is a fantastic opportunity for your business. It offers move-in-ready lab and office space in Montreal and Vancouver, complete with shared services and facilities. This means you can focus on your core activities without worrying about setting up infrastructure. The program also provides access to high-end equipment like NMR, UPLC-MS, and more, which can be costly to acquire independently.
What You Get:
- Cost-effective lab and office space with top-notch amenities
- Shared services and facilities including analytical chemistry and in vivo pharmacology
- Networking and educational events to help your team excel
By joining this program, you will be part of a dynamic, well-connected ecosystem that fosters innovation. The ease of qualification and the support from experienced professionals make it a smart choice for your business. This program can significantly reduce your operational costs and provide you with the resources needed to thrive.
Financing Details
Type of Financing: Grant
Repayment Terms and Interest Rates:
- No repayment required.
- No interest rates apply.
Eligible Expenses:
- Research and development costs.
- Purchase of lab equipment and materials.
- Salaries for scientific and technical staff.
- Costs associated with clinical trials and regulatory approvals.
- Marketing and commercialization expenses.
Use of Funds:
- Funds cannot be used for general operational costs unrelated to the project.
- Funds cannot be used for debt repayment or refinancing existing loans.
Fees:
- No application fees.
- No administrative fees.
Qualifications
- Must be a life sciences or health technology company.
- Must be located in Canada.
- Must be interested in move-in-ready lab and office space.
- Must be seeking access to shared services and facilities.
- Must be looking for analytical services including purification of chiral and achiral compounds.
Must require access to high-end equipment such as NMR, UPLC-MS, Preparative HPLC-MS, and SFC-MS.
Disqualifications:
- Businesses outside the life sciences or health technology sectors.
- Businesses not located in Canada.
Description
This program offers your business a chance to thrive in Canada's life sciences ecosystem. You can access move-in-ready lab and office space in Montreal and Vancouver. These spaces come with shared services and facilities, such as analytical chemistry and in vivo pharmacology labs. This setup allows your team to perform at its best.
High-end equipment like NMR, UPLC-MS, and Preparative HPLC-MS are available to meet your needs. The program also offers customized services in areas like purification of chiral and achiral compounds. This means you get specialized support tailored to your specific requirements.
By joining this program, your business will benefit from a well-connected ecosystem. You will have access to educational and networking events, helping you build valuable industry connections. This environment fosters innovation and growth, making it an excellent opportunity for your business.
Program Steps
Gather Required Documentation:
- Business Plan
- Financial Statements (last 2 years)
- Tax Returns (last 2 years)
- Proof of Business Registration
- Identification Documents (e.g., passport, driver's license)
- Lease Agreement (if applicable)
- Quotes/Estimates for intended use of funds
Complete the Application Form:
- Fill out the application form with accurate and up-to-date information about your business.
Prepare a Detailed Proposal:
- Outline how the program will benefit your business.
- Include specifics on how you plan to use the funds or resources provided.
Submit the Application:
- Send the completed application form and all required documentation to the designated program office or upload them via the online portal.
Attend an Interview or Site Visit (if required):
- Be prepared for a potential interview or site visit to discuss your application in more detail.
Review and Respond to Feedback:
- Monitor your email or application portal for any requests for additional information or clarification.
- Respond promptly to any feedback or requests from the program administrators.
Receive Approval and Next Steps:
- Upon approval, review the terms and conditions of the program.
- Follow any additional steps provided by the program administrators to finalize your participation.
Implement the Program:
- Start utilizing the funds or resources as outlined in your proposal.
- Keep detailed records of how the program benefits your business for future reporting.