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Ottawa Hospital Research Institute

0
Type
Application Difficulty
EASY
Time To Complete4 weeksProgram Budgetno cap
See If You Qualify

Highlights

Partnering with a university, college, or health institution could be the key to unlocking significant advantages for your business. Gain access to world-class expertise and state-of-the-art facilities that can help you tackle the complex challenges you face. This collaboration is designed to assist you in developing proofs-of-concept, improving processes, and enhancing overall performance. With the support of skilled professionals, you can validate your ideas and innovate, leading to better products and streamlined operations.

What’s more, there are no strict financial limits or revenue qualifications, making this opportunity available to any business, big or small. Instead of focusing solely on cash funding, the real value lies in the resources and knowledge you can tap into. This unique partnership opens the door to growth and innovation, positioning your business for greater success in today’s competitive market.

By applying for this program, you’re not just seeking funding; you’re investing in your business’s future. Why wouldn’t you want to take advantage of this opportunity to elevate your operations and maximize your potential? You deserve the best support as you work towards achieving your goals.

Financing Details

The financing provided through this program is primarily in the form of grants. This means you receive a sum of money that does not need to be repaid. It’s a fantastic opportunity to access funding without the burden of debt.

Eligible expenses for these grants include:

  • Costs related to partnerships with universities, colleges, or health institutions.
  • Expenses for research and development activities.
  • Funds for building proofs-of-concept and validating new processes.

However, there are some restrictions on how the funds can be used. You cannot use the grant money for:

  • General operating expenses.
  • Any expenses that are not directly tied to the eligible projects or partnerships.

Lastly, you’ll be pleased to know that there are generally no fees associated with this program. It’s all about helping you invest in your business without added costs.

Qualifications

  • Location: Must be based in Ottawa, Canada.
  • Sectors: Open to all sectors.
  • Minimum Employees: No minimum number of employees required.
  • Maximum Employees: No maximum number of employees required.
  • Minimum Company Revenue: No minimum revenue qualifications.
  • Maximum Company Revenue: No maximum revenue qualifications.
  • Legal Structure: All legal structures are applicable.
  • Profit Structure: All profit structures are applicable.

Disqualifications:

  • There are no specific disqualifications mentioned.

Description

You can partner with universities, colleges, or health institutions to gain valuable expertise and access to top-notch facilities. This collaboration allows you to tackle complex challenges your business faces, create proofs-of-concept, and enhance your processes and performance. It's a great chance to validate your ideas with the support of skilled professionals and state-of-the-art resources.

By joining forces with these institutions, you tap into a wealth of knowledge that can lead to innovative solutions and improvements tailored to your needs. This means you can develop better products, streamline operations, and ultimately, boost your business's success.

This program doesn't have a set funding limit, so the focus here is on the invaluable resources and support you can access, rather than just cash. Enjoy the benefits of collaboration without strict financial constraints on your company size or revenue. It’s a unique opportunity to drive growth and innovation in your business.

Program Steps

  1. Identify a Partner Institution

    • Research and choose a university, college, or health institution that aligns with your business needs.
  2. Develop a Partnership Proposal

    • Outline your goals and objectives for collaboration. Be clear about the challenges you wish to tackle and the expertise you seek.
  3. Prepare the Required Documentation

    • Gather necessary documents, including:
      • A business plan
      • Proof of your business’s registration
      • A description of your products or services
      • Previous project summaries (if applicable)
      • Any relevant financial statements or reports
  4. Initiate Contact with the Institution

    • Reach out to your chosen institution. Present your proposal and express your interest in a partnership.
  5. Coordinate Initial Meetings

    • Set up meetings to discuss your proposal. Be prepared to refine your ideas based on feedback from their experts.
  6. Formalize the Partnership Agreement

    • Once terms are agreed upon, work with the institution to create a formal partnership agreement that outlines roles, responsibilities, and expectations.
  7. Submit Your Application

    • Fill out the application from the partnering institution and attach the prepared documentation as required.
  8. Follow Up

    • Keep in communication with the institution to check on the status of your application and provide any additional information if needed.
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