Hello,

If you're in the transportation or manufacturing sectors, this program is tailor-made for you. Imagine having access to world-class research facilities and expert advice to enhance your manufacturing processes. Whether you're developing new products or refining existing ones, this program offers the technical services and solutions you need to stay ahead.

Here's what you get:

• Collaborations with industry experts and researchers who can guide you in joining the global value chain.
• Support in de-risking new technologies and commercializing innovations, keeping your business competitive.
• No restrictions on company size or revenue, making it accessible to all businesses in Canada within these sectors.

Being part of this program means tapping into valuable resources and expertise that can propel your business forward. It's an opportunity to innovate and grow without the usual hurdles. Plus, the qualification process is straightforward, making it easier for you to get started.

Best regards,
AAA Advisory

Loan: The program offers a repayable loan designed to support your automotive research and development needs.

Interest Rates and Repayment Terms:

• The loan carries a competitive interest rate, currently set at 3% annually.
• Repayment begins 12 months after the initial disbursement, giving your business a grace period to utilize the funds effectively.
• The total repayment period spans up to 10 years, allowing for manageable installment payments.

Eligible Expenses:

• Funds can be used towards research and development activities, including but not limited to, labor costs, procurement of necessary materials, and utilization of research facilities.
• Expenses related to the acquisition of new technologies or upgrading existing equipment to enhance research capabilities are also covered.

Restrictions on Use of Funds:

• The loan cannot be used for non-research related activities such as marketing, sales, or routine operational costs like rent or utilities.

Fees:

• There is a one-time application fee of $250.
• No ongoing maintenance fees or charges for early repayment are imposed, making this a cost-effective option for your business growth and innovation in the automotive sector.

This program is a fantastic opportunity for your business in the transportation and manufacturing sectors. It offers access to top-notch research facilities and expert advice to help you advance your manufacturing processes. Whether you're looking to develop new products or improve existing ones, this program provides the technical services and solutions you need.

You'll benefit from collaborations with industry experts and researchers who can guide you in joining the global value chain. The program is designed to help you de-risk new technologies and commercialize innovations, ensuring your business stays competitive and forward-thinking.

With no restrictions on company size or revenue, this program is open to all businesses in Canada within the transportation and manufacturing sectors. It's a chance to tap into valuable resources and expertise that can drive your business forward.