St. Thomas More College
Highlights
Forming a partnership with a university, college, or health institution can be a game-changer for your business. You gain access to world-class expertise, state-of-the-art facilities, and valuable intellectual property. This can help you solve complex problems, build proofs-of-concept, and improve your processes and performance.
There’s no funding cap, and the program is available across the country. It’s open to all sectors and businesses of any size, regardless of revenue or profit structure. This means your business can benefit from top-tier resources without worrying about financial or structural limitations.
By collaborating with these institutions, you can validate your ideas and enhance your business operations. This partnership can provide the support you need to innovate and grow, making it a valuable opportunity for your business.
Financing Details
Grant: The program offers a non-repayable grant, meaning you do not have to pay back the funds provided you use them as stipulated by the program guidelines.
Eligible Expenses: The grant can be used for expenses related to forming partnerships with universities, colleges, or health institutions. This includes costs associated with research, development of proofs-of-concept, process improvements, and performance validations.
Use of Funds: The funds must be directed towards activities that support the partnership objectives, such as research and development, and cannot be used for general business expenses like payroll, rent, or utilities.
Fees: There are no application or processing fees associated with this grant, which makes it a cost-effective option for funding your project.
Qualifications
- Location: Your business must be based in St. Thomas More College.
- Partnership Requirement: You need to form a partnership with a university, college, or health institution.
- Objective: The partnership should aim to solve complex problems, build proofs-of-concept, improve processes and performance, or validate your business ideas.
No disqualifications were mentioned in the provided context.
Description
Forming a partnership with a university, college, or health institution can be a game-changer for your business. You gain access to world-class expertise, state-of-the-art facilities, and valuable intellectual property. This can help you solve complex problems, build proofs-of-concept, and improve your processes and performance.
There’s no funding cap, and the program is available across the country. It’s open to all sectors and businesses of any size, regardless of revenue or profit structure. This means your business can benefit from top-tier resources without worrying about financial or structural limitations.
By collaborating with these institutions, you can validate your ideas and enhance your business operations. This partnership can provide the support you need to innovate and grow, making it a valuable opportunity for your business.
Program Steps
Identify a Partner
Reach out to a university, college, or health institution that aligns with your business goals.Prepare Documentation
Gather the necessary documents for your application. You will need:- A business plan
- Proof of business registration
- Financial statements (last two years)
- Description of the project or partnership goals
- Any relevant intellectual property information
Complete the Application Form
Fill out the application form provided by the program. Ensure all sections are completed accurately.Submit Your Application
Send your completed application and documentation to the designated contact point.Follow Up
After submission, follow up to confirm receipt and inquire about the next steps in the process.Prepare for Collaboration
Once accepted, work with your partner institution to outline the project timeline and objectives.