PARTENAR-IA — CRITM — Industry
Highlights
Innovate your business and reduce costs with this incredible funding opportunity. You could receive up to $150,000 in non-refundable grants to cover 50% of your project expenses when you partner with other companies and a research center on AI initiatives in metal transformation. This is not only a chance to dive into groundbreaking technology but also a way to minimize your ecological footprint and stay competitive in your industry.
The application process is straightforward, and you won't have to worry about repayment. This means you can focus more on growth and innovation rather than stressing over finances. With the potential to access up to $600,000 if collaborating with multiple partners, the possibilities for enhancing your operations are significant.
Don't overlook the convenience—this program is accessible to a wide range of businesses. Whether you’re a small startup or an established firm, you stand to gain from this initiative. Investing in AI may very well redefine your business's future.
Financing Details
You can receive a non-refundable grant of up to $150,000 for each partner company, with a total maximum of $600,000. This grant covers up to 50% of your expenses when you collaborate with at least one other business and a research center on an artificial intelligence project focused on metal transformation.
Eligible Expenses:
- Research and development costs
- Equipment and materials linked to the project
- Personnel costs directly related to the project
Ineligible Expenses:
- Personal expenses
- General administrative costs
- Any expenses not related to the outlined project activities
Fees:
There are no associated fees for this program, making it a straightforward opportunity to boost your business without hidden costs.
Qualifications
- Eligible Sectors: Must be in the metal transformation industry.
- Partnership Requirement: Must partner with at least one other business and a research centre on an artificial intelligence project.
- Funding Amount: Grants up to $150,000 are available per partner company.
- Expense Coverage: The grant covers up to 50% of the expenses related to the project.
- Employee Requirements: No minimum or maximum number of employees required.
- Revenue Requirements: No minimum or maximum company revenue qualifications.
- Legal Structure: All legal structures are eligible.
- Profit Structure: All profit structures are applicable.
Disqualifications:
- No specific disqualifications are mentioned.
Description
This program offers grants up to $150,000 for your business when you collaborate with at least one other company and a research center. It covers 50% of your project expenses related to artificial intelligence in metal transformation. This could be a great way to reduce costs while you explore new processes or product designs.
The funds are non-refundable, so you won't need to pay them back. This means you can invest in innovative solutions without the worry of future repayments. Using this funding, you can focus on minimizing your ecological footprint and harnessing the power of digital innovations.
Overall, this program is a fantastic opportunity to enhance your business. With up to $600,000 available if you partner with multiple companies, you can make significant strides in advancing your operations and staying competitive in the industry. Don't miss out on the chance to leverage AI for growth and sustainability.
Program Steps
Identify Project Scope
Determine your project related to artificial intelligence in metal transformation. Define the goals and expected outcomes.Form Partnerships
Collaborate with at least one other company and a research center. Ensure they are on board with the project objectives.Prepare Documentation
Gather the following documents for your application:- Business registration documents
- Partnership agreements
- Project proposal detailing objectives, timeline, and budget
- Research center collaboration confirmation
- Financial statements (optional but recommended)
Complete the Application Form
Fill out the necessary application form provided on the program's website. Ensure all information is accurate and up to date.Submit Your Application
Send your completed application along with the documentation to the designated program email or portal as instructed.Follow Up
After submission, keep in touch with the program administrators to check on the status of your application and address any additional requirements.