Unlocking new opportunities for your business is easier than you think. By partnering with a university, college, or health institution, you gain access to world-class expertise and advanced facilities. This collaboration can help you solve complex problems and innovate your processes, giving you a competitive edge in your industry.

Why should you consider applying? This program allows you to build proofs-of-concept and test new ideas with the guidance of experienced researchers. This support can lead to tangible improvements and growth for your business. Plus, the unique aspect of this program is that there are no set funding limits or revenue requirements. This makes it an attractive opportunity for businesses at any stage, whether you’re a startup or an established company.

Getting involved is straightforward, and it can significantly elevate your operations. With no minimum employee count or revenue need, you can leverage these resources without the usual hurdles. By applying, you're not just seeking funding; you're opening the door to innovation that can transform your business.

Type of Financing

The financing offered through this program primarily consists of grants. Grants provide funds that do not need to be repaid, making them a fantastic opportunity for your business to grow without the burden of debt.

Repayment Terms & Eligible Expenses

There's no repayment term associated with the grant, as it is not a loan. The funds can be used for a variety of eligible expenses, including:

• Development of proofs-of-concept
• Process improvements
• Performance enhancements
• Addressing complex problems through research and collaboration with institutions

Restrictions and Fees

However, the funds cannot be used for personal expenses, ongoing operational costs, or any unrelated business activities. Additionally, there are no hidden fees associated with the program, allowing you to utilize the full amount of your grant for your business needs.

• Location: Available in regions where Royal Roads University and its partners are located.
• Sectors: Open to all sectors.
• Minimum Employees: No minimum employee requirement.
• Maximum Employees: No maximum employee limit.
• Minimum Company Revenue: No minimum revenue requirement.
• Maximum Company Revenue: No maximum revenue limit.
• Legal Structure: All legal structures qualify.
• Profit Structure: All profit structures qualify.

Disqualifiers:

• None specified.

Forming a partnership with a university, college, or health institution can bring significant advantages to your business. This collaboration unlocks access to world-class expertise, advanced facilities, and valuable intellectual property. These resources can help you solve complex problems and improve processes, so you can operate more efficiently and effectively.

With this partnership, you have the opportunity to build proofs-of-concept and test new ideas with the support of experienced researchers. This can lead to innovation and growth for your business, setting you apart from competitors and enhancing your offerings in the market.

The best part is there are no set funding limits or revenue requirements, making this program accessible to all businesses. Whether you're a startup or an established company, you can leverage this opportunity to elevate your operations and achieve your goals.