You understand the importance of growth and innovation for your business. This program is a perfect fit for you if you're looking to collaborate with international partners to develop products or services that are on the cusp of commercialization. By leveraging foreign expertise, you can tackle technology adaptation and co-development projects, opening doors to new markets and enhancing your competitive edge.

Applying to this program means you can access funding that covers research and development costs, significantly reducing your financial burden. No strict requirements for employee count or revenue make this an easy opportunity for businesses of all sizes. Being approved for this support empowers you to embark on ambitious projects, ultimately leading to greater business potential and a stronger presence in the global market.

Take advantage of this chance to innovate without the usual constraints. With straightforward eligibility, it’s designed to help you advance your offerings and contribute positively to Canada's technology landscape. Let’s turn your ideas into reality together!

Type of Financing
The program offers grants to support your business projects. These are funds you don’t have to repay, which makes them a fantastic opportunity for companies looking to innovate without the weight of debt.

Repayment Terms and Eligible Expenses
There are no repayment terms or interest rates since it’s a grant. Eligible expenses include costs associated with technology adaptation, validation, and co-development projects with foreign partners. This means you can allocate funds to research, development activities, and collaboration efforts tailored to entering new markets.

Restrictions and Fees
The funds cannot be used for general operational costs or activities that don’t directly contribute to the eligible projects. As for fees, there are no application or processing fees associated with this program, so you can focus entirely on pushing your business forward without unexpected costs.

• Must be a Canadian SME (Small and Medium-sized Enterprise).
• Engaging with foreign entities for product or service development.
• Projects should be close to commercialization.
• No minimum or maximum number of employees required.
• No minimum or maximum revenue qualifications.
• All legal structures are applicable.
• All profit structures are applicable.

Disqualifications:

• None mentioned in the context provided.

The program supports Canadian small and medium-sized enterprises (SMEs) looking to collaborate with foreign partners. If your business is ready to develop new products or services nearing commercialization, this initiative is for you. It focuses on projects related to technology adaptation and co-development, allowing you to leverage international expertise.

By participating, you can explore new markets and enhance your competitive edge. The funding can be used for various aspects of your project, including research and development costs, and you'll have the chance to build strong partnerships beyond Canada's borders. This program helps not just to innovate but to significantly expand your business potential.

There are no strict requirements regarding the number of employees or revenue, which means businesses of all sizes can benefit. With this support, you can take bold steps in advancing your innovative offerings while contributing to Canada's position in the global market.