Credit Valley Hospital
Highlights
Imagine having access to world-class expertise, facilities, and intellectual property to tackle your business challenges. This program offers you a unique opportunity to partner with top universities, colleges, and health institutions. These partnerships can help you solve complex problems, build proofs-of-concept, and improve your processes and performance.
By collaborating with these institutions, you can validate your solutions and gain a competitive edge. The resources available through this program are often out of reach for many businesses, but now they can be within your grasp. There are no specific funding amounts set, but the real value lies in the access to cutting-edge research and facilities.
This program is available nationwide and is open to businesses of all sizes and sectors. It's a great chance to leverage academic and health institution resources to drive your business forward. The qualification process is straightforward, making it easier for you to benefit from this incredible opportunity.
Financing Details
Grant: The program offers non-repayable grants, meaning you don't have to pay the money back. This is a significant advantage as it provides financial support without the burden of repayment.
Eligible Expenses: The grant can be used for various expenses related to forming partnerships with educational and health institutions. This includes costs associated with research and development, equipment necessary for your project, and salaries for individuals directly involved in the project.
Restrictions on Use of Funds: It's important to note that the funds cannot be used for general operating expenses unrelated to the project, such as routine business costs or non-project related payroll.
Fees: There are no application or processing fees associated with this grant, making it a cost-effective option for funding your partnership project.
Qualifications
- Location: Your business must be based in Canada.
- Partnership: Must form a partnership with a university, college, or health institution.
- Purpose: The partnership should aim to solve complex problems, build proofs-of-concept, improve processes and performance, or validate solutions.
- Industry: Open to businesses across various industries.
- Eligibility: Your business must meet the basic requirements of the program, which include having a clear project goal and the capacity to collaborate with academic or health institutions.
If your business meets these qualifications, you are eligible to apply for the program.
Description
Partner with a university, college, or health institution to access world-class expertise, facilities, and intellectual property. This partnership can help your business solve complex problems, build proofs-of-concept, and improve processes and performance.
Validate your solutions with the support of top-tier academic and health institutions. This collaboration provides you with resources that might otherwise be out of reach, giving your business a competitive edge.
There are no specific funding amounts set, but the value lies in the access to cutting-edge research and facilities. This program is available across the country and is open to businesses in all sectors, regardless of size or revenue.
Program Steps
Identify a Partner Institution
Research and select a university, college, or health institution that aligns with your business needs.Reach Out to the Institution
Contact the chosen institution to discuss potential collaboration opportunities and express your interest in the program.Prepare the Appropriate Documentation
Gather the necessary documents to support your application. You will need:- A business plan outlining your objectives and how the partnership will benefit your business
- Financial statements for the past two years
- Any relevant project proposals or ideas you want to explore with the institution
- Proof of business registration and ownership
Submit Your Application
Complete the application form provided by the institution and submit it along with your documentation.Follow Up
After submission, follow up with the institution to ensure your application is being processed and to address any questions they may have.Engage in Discussions
Be prepared to engage in discussions with the institution to refine your project and establish a clear plan for collaboration.Start the Partnership
Once approved, begin your partnership and take advantage of the resources and expertise available to you.