Partnering with a university, college, or health institution through this program can be a game-changer for your business. You get access to world-class expertise, facilities, and intellectual property. This means you can solve complex problems, build proofs-of-concept, and improve your processes and performance.

Imagine having top researchers and state-of-the-art facilities at your disposal. You can use these resources to validate your ideas and enhance your business operations. This partnership can help you innovate and stay competitive in your industry.

There are no restrictions on the number of employees or company revenue, making it accessible to businesses of all sizes. Plus, it's available across the country and open to all sectors. This is a unique chance to leverage academic and health institution resources to drive your business forward.

Grant: The program offers non-repayable grants, meaning you won't have to pay back the funds provided you use them as specified under the program guidelines.

Repayment Terms and Interest Rates: Since this is a grant, there are no repayment terms or interest rates applicable. This financial support is designed to be a direct investment into your business's growth and innovation capabilities without the burden of repayment.

Eligible Expenses: The grant can be used for a variety of expenses directly associated with your partnership with educational or health institutions. This includes but is not limited to, research and development, prototype creation, process improvement, and performance validation activities.

Restrictions on Use of Funds: The funds must not be used for non-project related expenses such as regular business operations, debt repayment, or personal uses. It is intended strictly for activities that align with the goals of the partnership and the program's objectives.

Fees: There are no application or processing fees associated with this grant. This ensures that all the funds granted can be fully utilized towards your project without any deductions for administrative costs.

• Location: Must be based in Canada.
• Partnership: Must form a partnership with a university, college, or health institution.
• Purpose: Partnership should aim to solve complex problems, build proofs-of-concept, improve processes and performance, or validate your business ideas.
• Industry: Open to businesses across various industries.
• Eligibility: Business must qualify under the program's criteria (assume your business does).

Disqualifications:

• Location: Businesses not based in Canada are not eligible.
• Partnership: Businesses without a partnership with a university, college, or health institution are not eligible.

Partnering with a university, college, or health institution through this program can be a game-changer for your business. You get access to world-class expertise, facilities, and intellectual property. This means you can solve complex problems, build proofs-of-concept, and improve your processes and performance.

Imagine having top researchers and state-of-the-art facilities at your disposal. You can use these resources to validate your ideas and enhance your business operations. This partnership can help you innovate and stay competitive in your industry.

There are no restrictions on the number of employees or company revenue, making it accessible to businesses of all sizes. Plus, it's available across the country and open to all sectors. This is a unique chance to leverage academic and health institution resources to drive your business forward.