Saskatchewan Polytechnic
Highlights
Partnering with a university, college, or health institution can unlock resources that will elevate your business. This program offers access to world-class expertise, advanced facilities, and intellectual property that can help solve complex problems unique to your industry. With this collaboration, you're positioned to develop proofs-of-concept, enhance your processes, and validate your technology, giving you a competitive edge.
There's no set limit on funding, allowing for support tailored specifically to your business needs. This flexibility means you can focus on innovation without financial strain. As you collaborate on solutions that may have seemed out of reach, you’ll find that the potential for improvement in your operations and overall performance is limitless.
Importantly, the program is designed to be accessible for all businesses in Saskatchewan. Without strict employee or revenue requirements, you can take advantage of this opportunity right away. Your business's success could flourish with the right resources and support. Why wait? Applying could be the key to your next big breakthrough.
Financing Details
The financing provided is primarily a grant. This means you won’t have to pay it back, which is great news for your business.
Repayment Terms and Interest Rates
- Since this is a grant, there are no repayment terms or interest rates. You receive the funding, and it’s yours to keep, provided you meet the program requirements.
Eligible Expenses
- The funds can be used for a variety of expenses including:
- Research and development
- Technology validation
- Hiring experts
- Improving business processes and performance
Restrictions and Fees
- The funds cannot be used for:
- General operational costs
- Personal expenses
- Anything unrelated to the approved project
- There are typically no fees associated with this program, making it a cost-effective choice for businesses looking to innovate and grow.
Qualifications
- Location: The business must be located in Saskatchewan.
- Sectors: All sectors are eligible to apply.
- Employees: No minimum or maximum number of employees required.
- Company Revenue: No minimum or maximum revenue qualifications.
- Legal Structure: All legal structures are eligible.
- Profit Structure: All profit structures are eligible.
Disqualifications: None mentioned in the context.
Description
Partnering with a university, college, or health institution can open doors for your business. You’ll gain access to world-class expertise, advanced facilities, and intellectual property that can help you tackle complex problems. This partnership can assist you in creating proofs-of-concept, enhancing your processes, and validating your technology, giving you the edge needed to stand out in your industry.
There's no set limit on the amount of funding available, meaning your business can receive support tailored to your specific needs. This support allows your team to focus on innovation without the constant worry of financial constraints. It’s an opportunity to collaborate and create solutions that you may not have been able to tackle alone.
You don’t have to meet strict employee or revenue requirements, making this program accessible for businesses of all sizes in Saskatchewan. Embracing this partnership can lead to significant improvements in your business operations and overall performance. The sky's the limit when you have the right resources and support!
Program Steps
Identify a Partner
Research and select a university, college, or health institution that aligns with your business needs and goals.Prepare Documentation
Gather the necessary documents to support your application, which may include:- Business registration details
- Financial statements
- A brief description of your business and its goals
- Project proposal outlining how the partnership will benefit both parties
- Any prior research or proof-of-concept materials, if available
Draft an Application
Write a clear and concise application detailing:- Your business’s vision and objectives
- The specific problems or technologies you wish to address
- The proposed collaboration's expected outcomes
Submit Your Application
Send your completed application and documentation to the designated program contact or submission portal provided.Follow Up
After submission, reach out to confirm that your application was received and inquire about the next steps in the process.Prepare for Collaboration
Once accepted, plan to work closely with the educational institution. Be ready to engage in meetings, share ideas, and provide feedback throughout the partnership.