Concordia University
Highlights
Imagine having access to world-class expertise, cutting-edge facilities, and valuable intellectual property. This program allows you to partner with top universities, colleges, and health institutions. You can use this partnership to solve complex problems, build proofs-of-concept, and improve your processes. Whether you need to validate your ideas or enhance your performance, this collaboration can make a significant difference.
Why should you apply? This program offers a unique chance to leverage academic resources without the usual strict requirements for employee numbers or company revenue. It’s accessible to businesses of all sizes and sectors. By partnering with these institutions, you can gain insights and tools that are often out of reach for many businesses. This can help you refine your operations and push your business forward.
What’s in it for you? Access to top researchers and state-of-the-art labs can provide solutions and innovations that set you apart from competitors. The financing is more than just monetary support; it’s an investment in your business’s future. Being approved for this program is straightforward and can open doors to new opportunities, making it easier for you to achieve your business goals.
Financing Details
The program offers a Grant, meaning the funds provided do not need to be repaid. This financial support is designed to facilitate collaboration between businesses and academic institutions, enhancing research and development capabilities.
Repayment Terms and Interest Rates:
- Since this is a grant, there are no repayment terms or interest rates applicable. This allows your business to utilize the funds without the burden of future financial obligations.
Eligible Expenses:
- Funds can be used towards research and development activities.
- Costs associated with forming partnerships with universities, colleges, or health institutions.
- Expenses related to building proofs-of-concept, improving processes, or performance validation.
Restrictions on Use of Funds:
- The grant cannot be used for non-project related expenses such as general overhead, unrelated business costs, or personal expenses.
Fees:
- There are no application or processing fees associated with this grant. This ensures that all the funds granted can be fully utilized towards the project's intended purposes without any deductions.
Qualifications
- Place of Business: Must be located within the country offering the program.
- Type of Business: Must be a registered business entity.
- Revenue: No specific revenue requirements mentioned.
- Number of Employees: No specific employee count requirements mentioned.
- Partnership Requirement: Must form a partnership with a university, college, or health institution.
- Purpose of Partnership: Partnership should aim to solve complex problems, build proofs-of-concept, improve processes and performance, or validate your business ideas.
Disqualifications:
- Non-Registered Entities: Unregistered businesses are not eligible.
- Non-Local Businesses: Businesses located outside the country offering the program are not eligible.
Description
Partnering with a university, college, or health institution can be a game-changer for your business. This program offers access to world-class expertise, facilities, and intellectual property. Imagine having top researchers and cutting-edge labs at your disposal to tackle complex problems, build proofs-of-concept, and improve your processes.
This collaboration can help you validate your ideas and enhance your performance. Whether you need to solve a tricky issue or refine your operations, the resources available through this partnership can make a significant difference.
There are no strict requirements for the number of employees or company revenue, making it accessible to businesses of all sizes and sectors. This is a unique chance to leverage academic and health institution resources to push your business forward.
Program Steps
Gather Required Documentation
Prepare the following documents for your application:- Business registration details
- Financial statements (last two years)
- A brief business plan outlining your goals and how the partnership will benefit your business
- Any relevant project proposals or ideas you wish to explore
Complete the Application Form
Fill out the application form provided by the program. Ensure all sections are completed accurately.Submit Your Application
Send your completed application form along with the required documentation to the designated contact point.Follow Up
After submission, follow up with the program coordinator to confirm receipt of your application and inquire about the timeline for decisions.Prepare for Collaboration
Once approved, be ready to engage with the partnered institution. Outline your objectives and how you plan to utilize their resources effectively.Stay Engaged
Maintain regular communication with your academic partner to ensure the collaboration is productive and aligned with your business goals.