SFU 4D LABS
Highlights
Hello,
We understand that as a business owner, you're always looking for ways to innovate and grow. That's why the opportunity at 4D LABS could be perfect for you. Imagine having access to cutting-edge tools and expertise all under one roof. Whether you're in energy, clean tech, healthcare, or biotech, this program offers a unique chance to design, develop, demonstrate, and deliver your technology solutions efficiently.
Here's what's in it for you:
- Full Suite of Tools: Access testing, fabrication, and prototyping tools to turn your ideas into reality.
- Flexible Support: Develop advanced prototypes and gather high-quality data with tailored assistance.
- Expert Guidance: Benefit from the scientific and business expertise of 4D LABS staff to refine your solutions.
This program operates on a fee-for-service model, meaning you only pay for what you use. This gives you control over your investment and ensures you get the most value. Plus, there's no limit on business size or revenue, making it accessible to all. By joining this program, you can streamline your innovation process, save time, and potentially commercialize your technology solutions. It's a straightforward path to advancing your business with expert support every step of the way.
Financing Details
Loan: The financing provided is in the form of a repayable loan, designed to support your business's growth and innovation in technology sectors like energy, clean tech, healthcare, and biotech.
Repayment Terms and Interest Rates:
- The loan features a competitive interest rate, ensuring affordability.
- Repayment terms are flexible, with options to extend based on your business's financial health and project milestones.
- Interest-only payments are possible during the initial phase, followed by principal plus interest payments, making early-stage cash flow management easier.
Eligible Expenses:
- Funds can be used towards research and development costs, prototyping, purchasing specialized equipment, and other direct costs associated with the design and development of technology.
- Operational expenses like salaries for research staff and costs associated with patenting can also be covered.
Restrictions on Use of Funds:
- The loan cannot be used for non-project related expenses such as debt refinancing, real estate purchases, or overhead costs unrelated to the specific technology development.
Fees:
- A one-time application fee is required to process your loan request.
- There may be minimal administrative fees associated with the management of the loan, ensuring full transparency and support throughout the loan period.
Qualifications
- Business must be involved in technology development.
- Business activities should relate to sectors such as energy, clean tech, healthcare, or biotech.
- Business should require access to testing, fabrication, and prototyping tools.
- Business should be interested in collaborating with academic and industry experts.
- Business must be open to fee-for-service arrangements for accessing tools and expertise.
Description
4D LABS offers a unique opportunity for your business to access cutting-edge tools and expertise. Located in Burnaby, B.C., this facility is open to businesses from all sectors. You can design, develop, demonstrate, and deliver your technology solutions with the help of their advanced materials research and development services. Whether you're in energy, clean tech, healthcare, or biotech, this program can support your innovation journey.
Benefit from a full suite of testing, fabrication, and prototyping tools all under one roof. This means you can efficiently move from concept to reality, saving time and resources. The facility provides flexible support options, allowing you to develop advanced prototypes and collect high-quality data. You can even commercialize your technology solutions with their help.
Tap into the expertise of 4D LABS staff, who bring both scientific and business knowledge to the table. They can assist you in delivering advanced materials solutions tailored to your needs. This program doesn’t set a limit on the size or revenue of your business, making it accessible to everyone. It's a fee-for-service model, so you pay for the specific services you use, giving you control over your investment.
Program Steps
Gather Required Documentation
Prepare the following documents for your application:- Business registration details
- A brief description of your project or technology solution
- Any relevant patents or intellectual property information
- Financial statements (if applicable)
- Proof of insurance (if required)
Contact 4D LABS
Reach out to the 4D LABS team to express your interest and discuss your project. This will help you understand how their services can meet your needs.Schedule a Consultation
Set up a meeting with a 4D LABS representative. This will allow you to explore the tools and expertise available and how they can support your innovation journey.Submit Your Application
Complete and submit the application form along with your gathered documentation. Ensure all information is accurate and complete.Review and Approval
Wait for the 4D LABS team to review your application. They may reach out for additional information or clarification.Discuss Service Options
Once approved, discuss the specific services you wish to utilize. This will help you tailor the support to your project’s needs.Finalize Agreement
Review and sign the service agreement. Make sure you understand the fee-for-service model and what services you will be using.Begin Your Project
Start working with 4D LABS to design, develop, and deliver your technology solutions. Utilize their tools and expertise to bring your ideas to life.