This program is a fantastic opportunity for your business, offering a grant of up to $500,000 to cover 40% of eligible costs for metal processing projects. By collaborating with a research centre, you gain access to specialized expertise and resources that can elevate your project to new heights. The best part? This funding is a grant, not a loan, meaning you won’t need to pay it back.

Participating in this program can help you fuel innovation and enhance your capabilities without saddling your business with extra debt. Whether you're looking to explore new technologies or improve existing processes, this grant provides a significant boost. Plus, with no limits on company size or revenue, it’s designed to support a wide range of SMEs like yours, making it easier than ever to take your business to the next level.

Type of Financing
This program offers a grant of up to $500,000. It can cover up to 40% of eligible costs for projects that involve metal processing in collaboration with a research center.

Repayment and Terms
Since this is a grant, there are no repayment terms or interest rates involved. You won't have to pay this money back as long as you follow the guidelines of the program.

Eligible Expenses
The funds can be used for a variety of costs directly linked to your project’s research and development efforts. This might include materials, labor, and other project-related expenses.

Restrictions and Fees
The funds cannot be used for regular operating costs, such as paying rent or utilities. There are typically no fees associated with obtaining this grant, but it’s always a good idea to read the fine print to ensure you’re fully informed.

• Must be a Small or Medium-sized Enterprise (SME).
• Must partner with a research centre on a project involving metal processing.
• Eligible for grants of up to $500,000.
• Can cover up to 40% of eligible costs.
• No minimum or maximum number of employees required.
• No minimum or maximum revenue qualifications.
• All legal structures are applicable.
• All profit structures are applicable.

Disqualifiers:

• No specific disqualifications mentioned in the context.

You have a chance to receive a grant of up to $500,000 for your business through this program. This money can cover up to 40% of eligible costs for projects related to metal processing. To qualify, you simply need to partner with a research center, which adds expertise to your project while giving you financial support.

This funding is a great way to advance your business without the stress of immediate repayment, as it’s a grant—not a loan. You won't need to pay it back, which means you can invest the funds directly into growth opportunities, innovation, or operational improvements without worrying about added financial burdens.

With no limits on company size or revenue, this program is designed to support a variety of businesses. This makes it an excellent opportunity for SMEs like yours to enhance capabilities, explore new technologies, or improve processes through collaboration. Take advantage of this resource to drive your business forward.