This program is tailored for businesses like yours. By partnering with nearby educational institutions, you gain access to world-class expertise and cutting-edge facilities. This means you can solve complex problems efficiently and validate your ideas in a supportive environment. In short, you’re not just getting resources; you’re fostering innovation that can propel your business forward.

Applying to this program could be a game-changer. You will have the opportunity to build proofs-of-concept and enhance your processes, making your operations smoother and more effective. This collaboration can lead to better performance and insightful feedback, giving you a competitive edge in your industry. Best of all, this program is open to all sectors and business sizes, meaning you don’t have to worry about being excluded.

Taking the step to apply means investing in your future. You'll collaborate with skilled professionals, gaining insights and connections that could lead to further opportunities. It’s an easy choice with potentially huge rewards. Why not explore this chance to elevate your business?

This financing takes the form of grants. They are designed to support your business without the need for repayment. You receive financial assistance directly — think of it as a helping hand to push your ideas forward.

Key Financial Aspects

• Repayment Terms: There are no repayment terms because you don’t need to pay back grants. This means you get to keep the full amount without worrying about interest rates.

• Eligible Expenses: You can use the funds for expenses such as developing new technologies, conducting research, or validating ideas within your partnership with educational institutions.

• Prohibited Uses: The funds cannot be used for personal expenses or general operational costs that do not relate to your project in partnership with the institution.

• Fees: Generally, there are no application fees or costs associated with receiving this funding, making it a truly supportive option for your business growth.

• Location: Business must be based in Edmonton, Alberta.
• Sectors: All sectors are eligible to apply.
• Employees: No minimum or maximum employee requirements.
• Company Revenue: No minimum or maximum revenue requirements.
• Legal Structure: All legal structures are acceptable.
• Profit Structure: All profit structures are eligible.

Disqualifications: None mentioned.

Forming a partnership with a nearby university, college, or health institution can bring great benefits for your business. You'll gain access to world-class expertise and cutting-edge facilities. This collaboration will help you solve complex problems and validate your ideas in a supportive setting.

You can use this partnership to build proofs-of-concept and enhance your processes and performance. By working together, you will not only tackle challenges but also gain insights that can take your business to the next level.

This program is flexible and is open to all sectors, allowing businesses of any size to engage. You can work with institutions to create innovative solutions while fostering a valuable connection that can lead to further opportunities.