This program offers a fantastic opportunity for your business, especially if you’re in the aerospace sector or looking to incorporate artificial intelligence into your projects. You can receive a non-refundable grant of up to $500,000, covering 40% of eligible expenses when partnering with a research center. This means you can invest in groundbreaking technology without the pressure of repayment—perfect for innovation.

By applying, you're not just securing funding; you’re unlocking the door to growth. Collaborating with experts can enhance your capabilities, attract top talent, and position you ahead of competitors. With no strict revenue or employee requirements, this program is designed for businesses like yours, ensuring that innovation is accessible for all.

The process is straightforward and geared towards helping you succeed. This funding is a chance to elevate your business and truly make an impact in the market. Don’t miss out on the chance to amplify your potential—this is your moment to shine.

You can receive a non-refundable grant of up to $500,000. This grant covers up to 40% of eligible expenses when your small or medium-sized enterprise partners with a research center on an artificial intelligence R&D project in the aerospace field.

Repayment Terms and Interest Rates:
Since this is a grant, there are no repayment terms or interest rates involved. You won't need to pay back the funds, making this an excellent opportunity for your business.

Eligible Expenses:
The funds can be used for various expenses related to your R&D project, including but not limited to:

• Research and development costs
• Salary and wages for employees working on the project
• Materials and supplies necessary for the project

Ineligible Expenses:
Funds cannot be used for expenses unrelated to the project, such as:

• General operating expenses
• Non-research related purchase costs

Fees:
There are no fees associated with accessing this grant, further simplifying the process for you.

This funding offers a fantastic opportunity for your business to engage in innovative projects without the burden of repayment or fees.

• Eligible Business Type: Small and Medium Enterprises (SMEs)
• Field of Project: Artificial intelligence R&D projects related to aerospace
• Partnership Requirement: Must partner with a research center
• Funding Amount: Up to $500,000 available
• Eligible Expenses: Covers up to 40% of eligible expenses
• Minimum Employees: No minimum employees required
• Maximum Employees: No maximum 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:

• No specific disqualifications mentioned in the context provided.

Your business has a chance to receive a non-refundable grant of up to $500,000. This funding can cover up to 40% of eligible expenses when you partner with a research center on an artificial intelligence research and development project in aerospace. This means you can focus your resources on innovation without the worry of paying back the grant.

This funding is not just about the money; it’s about unlocking new opportunities for your business. With this grant, you can invest in cutting-edge technology, attract top talent, and collaborate with experts in the field. It’s a powerful way to boost your capabilities and growth potential in the competitive aerospace industry.

You don’t have to worry about strict revenue requirements or employee counts to participate. This program is designed to support a wide range of businesses looking to innovate and expand. By taking advantage of this support, you can elevate your business to new heights and stay ahead in today’s fast-paced market.