NRC — Nanotechnology Research Centre
Highlights
This program is designed specifically for businesses like yours, offering a unique opportunity to advance your technological capabilities. By participating, you can access cutting-edge research and collaboration in quantum and nanotechnologies, which can significantly enhance your product development and innovation processes.
Why Apply?
- Access to Expertise: Collaborate with leading scientists and engineers in quantum computing, photonics, and advanced materials.
- Innovative Solutions: Develop and test new technologies with support from top-tier research facilities.
- De-risk Innovation: Reduce the risks associated with innovation through government-backed support.
What’s in It for You?
- Financing Options: Benefit from government-backed financing that offers more flexible terms compared to traditional loans.
- Enhanced Competitiveness: Stay ahead in your industry by integrating the latest advancements in quantum and nanotechnologies.
- Easy Qualification: The program is designed to be accessible, ensuring that businesses like yours can easily qualify and benefit.
Participating in this program can propel your business forward, providing the resources and expertise needed to innovate and grow.
Financing Details
Type of Financing:
- Loan: The program offers loans to support your business activities.
Repayment Terms and Interest Rates:
- Repayment Options: You have the flexibility to choose between floating or fixed rates with various payment structures.
- Amortization Period: You can take up to 15 years to repay the loan, depending on the asset class.
Eligible Expenses:
- Expenses: The funds can be used for equipment, leasehold improvements, intangible assets, and working capital incurred within 365 days before loan approval.
Ineligible Use of Funds:
- Restrictions: The funds cannot be used for expenses not directly related to your business operations.
Associated Fees:
- Fees: There are fees such as a document preparation fee, application fee, and a one-time Federal Government registration fee. An administration fee is also included in the interest rate.
Qualifications
- Must be a business involved in quantum and nanotechnologies.
- Must be engaged in research and development activities.
- Must be working with Canadian and international stakeholders.
Must be focused on advancing science, accelerating innovation, or promoting equity, diversity, and inclusion.
- Disqualifications:
- Businesses not involved in quantum and nanotechnologies.
- Businesses not engaged in research and development activities.
- Businesses not collaborating with Canadian or international stakeholders.
Description
This program offers your business access to technical and advisory services, research facilities, and licensing opportunities for nanotechnology research.
You can use these resources to advance your projects in quantum computing, communication, imaging, and more. This support can help you develop new materials, integrate photonic components, and prototype and test technologies.
The benefits are clear: you get expert guidance, state-of-the-art facilities, and opportunities to license cutting-edge technologies. This can accelerate your innovation, reduce risks, and enhance your business's competitive edge.
Program Steps
Gather Required Documentation: Collect the necessary documents to support your application. You will need:
- Business plan
- Financial statements (last two years)
- Project proposal or research outline
- Proof of business registration
- Identification documents for business owners
Complete the Application Form: Fill out the application form provided by the Quantum and Nanotechnologies Research Centre. Ensure all sections are completed accurately.
Prepare a Project Proposal: Develop a detailed project proposal outlining the scope, objectives, and expected outcomes of your research or development project.
Submit the Application: Submit your completed application form, along with all required documentation and the project proposal, to the Quantum and Nanotechnologies Research Centre.
Contact the Program Director: Reach out to Roderick Paterson, Director of Business Development, for any questions or guidance during the application process. You can contact him at 613-991-9047 or via email at [email protected].
Review and Follow-Up: After submission, monitor your email and phone for any follow-up requests or additional information needed by the review committee.
Await Approval: Once your application is reviewed, you will be notified of the decision. If approved, you will receive further instructions on how to proceed with your project.