This program offers a unique opportunity for your business to collaborate with leading universities and research institutions. By partnering with these experts, you gain access to world-class facilities and intellectual property. This can help you tackle complex challenges, validate your ideas, and enhance your processes.

Why apply? Participating in this program means you can tap into valuable resources that drive innovation. You’ll work alongside researchers who can provide insights tailored to your needs, ultimately leading to improvements in performance and productivity. This collaboration can position your business for growth in today’s competitive market.

It's designed for businesses of all sizes and types, making it easy for you to take part. You don’t face strict qualification criteria, so you can focus on turning your challenges into opportunities. You’ll not only gain support but also enhanced capabilities that can propel your business forward.

Type of Financing
The financing provided is primarily in the form of grants. These funds do not need to be repaid, allowing you to focus on your business growth without the burden of debt.

Repayment Terms and Eligible Expenses
Since this is a grant, there are no repayment terms or interest rates to worry about. You can use the funds for a variety of eligible expenses, including:

• Developing prototypes and proofs-of-concept
• Conducting research and validation of ideas
• Improving processes and performance
• Collaborating with university, college, or health institution experts

Restrictions and Fees
Funds cannot be used for personal expenses, debt repayment, or purchasing real estate. As for fees, there are generally no associated fees for receiving this grant, meaning more money can go directly into your business efforts.

• Location: Business must be located in or around Mount Royal University.
• Sectors: Open to all sectors.
• Employees:
  • No minimum employee requirement.
  • No maximum employee limit.
• Revenue:
  • No minimum revenue requirement.
  • No maximum revenue limit.
• Legal Structure: All legal structures are eligible.
• Profit Structure: All profit structures are eligible.

Disqualifications: There are no specific disqualifications mentioned in the context.

When you partner with a university, college, or health institution, you gain access to top-notch expertise and facilities. This program allows you to collaborate with researchers who can help address complex problems your business might face. Whether you need to validate ideas, improve your processes, or build proofs-of-concept, this is a unique opportunity to leverage knowledge that can drive your business forward.

By working together, you can find innovative solutions tailored to your needs. This partnership can enhance your performance and productivity, ultimately leading to growth and success in your field. There's no rigid structure to worry about—in fact, businesses of all sizes and types can benefit from this collaborative effort.

This program places you in a position to tap into valuable intellectual property and resources that you might not otherwise have access to. With the right support from academic experts, you can turn challenges into opportunities, helping your business thrive in an ever-evolving landscape.