This program is tailor-made for businesses like yours, aiming to transform innovative ideas into practical solutions. By applying for this program, you gain access to up to $10 million annually for five years, allowing you to engage in collaborative projects with post-secondary institutions. These partnerships can help you enhance your skills and stay ahead in your industry.

The funding is a grant, meaning you won’t have to pay it back. This gives you the freedom to invest in your growth without the pressure of loans. In addition, the program encourages the development of training programs that are relevant to your sector, ensuring you're equipped with the latest knowledge and skills to thrive.

Don't miss out on the chance to leverage academic resources that can empower your business to innovate and succeed. With no minimum revenue requirements and no pressure of repayment, this program is a valuable opportunity waiting for you.

The financing provided is grants. These grants can offer up to $10 million annually for a duration of five years, with the possibility of renewal. Importantly, these are non-repayable funds, meaning you won’t have to pay the money back.

Eligible Expenses

Funds can be used for:

• Developing and implementing entrepreneurial training programs.
• Collaborative plans with multiple institutions and organizations.
• Activities that transform academic research into market-ready innovations.

Restrictions and Fees

Funds cannot be used for:

• Personal expenses unrelated to the program.
• Direct support to individuals or non-eligible entities.

There are no fees associated with applying for or receiving these grants, making it a great opportunity for your business without hidden costs.

• Location: Available across Canada.
• Sectors: Open to all sectors.
• Minimum Employees: No minimum employee requirement.
• Maximum Employees: No maximum employee restriction.
• Minimum Company Revenue: No minimum revenue requirement.
• Maximum Company Revenue: No maximum revenue limit.
• Legal Structure: All legal structures are acceptable.
• Profit Structure: All profit structures are eligible.

Disqualifications

• No specific disqualifications mentioned in the context provided.

The Lab to Market grants offer a great opportunity to help you turn innovative ideas into real-world solutions. This program provides up to $10 million annually over five years, aimed at fostering entrepreneurial skills and transforming academic research into actionable innovations. This means you can get support to make new technologies, products, or services that can benefit your business and the community.

With this funding, you can engage in collaborative projects with post-secondary institutions. This partnership can enhance your skills and knowledge, allowing your business to thrive. The grants can be used to develop and implement training programs that suit various sectors, helping you stay competitive and innovative in your industry.

The money from these grants does not need to be paid back, which gives you the freedom to invest in growth without the pressure of loans. This is a chance to leverage academic resources that can empower your business to innovate and succeed. By participating, you open doors to new opportunities that can elevate your business in today’s market.