Toronto East Health Network - Michael Garron Hospital
Highlights
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. There’s no funding cap, so the sky's the limit on what you can achieve.
You can use these partnerships to validate your ideas and bring innovative solutions to life. Plus, there are no restrictions on the number of employees or revenue, making it accessible for businesses of all sizes. This program is available in Toronto, Ontario, and is open to all sectors. It’s a great way to leverage academic and health institution resources to boost your business’s growth and efficiency.
Financing Details
Grant: The program offers non-repayable grants, meaning you won't have to pay back the funds provided.
Eligible Expenses: You can use the grant for research and development, equipment purchases, and hiring expert staff to enhance your project outcomes. This flexibility helps ensure that the funds can be directed towards crucial areas that will drive innovation and growth in your business.
Restrictions on Use of Funds: The funds cannot be used for routine operational costs like rent, utilities, or non-project related payroll. This ensures that the grant is focused on developmental and transformative activities.
Fees: There are no application or processing fees associated with this grant, making it a cost-effective option for funding your project.
Qualifications
- Location: Business must be based in Toronto East Health Network area.
- Partnership Requirement: Must form a partnership with a university, college, or health institution.
- Objective: Partnership should aim to solve complex problems, build proofs-of-concept, improve processes and performance, or validate ideas.
Disqualifications:
- Business not located in Toronto East Health Network area.
- No partnership with a university, college, or health institution.
Description
Partnering with a university, college, or health institution 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.
There’s no funding cap, so the sky's the limit on what you can achieve. You can use these partnerships to validate your ideas and bring innovative solutions to life. Plus, there are no restrictions on the number of employees or revenue, making it accessible for businesses of all sizes.
This program is available in Toronto, Ontario, and is open to all sectors. It’s a great way to leverage academic and health institution resources to boost your business’s growth and efficiency.
Program Steps
Identify Your Partnership
Choose a university, college, or health institution that aligns with your business goals.Prepare Required Documentation
Gather the following documents for your application:- Business registration documents
- A brief business plan outlining your goals and how the partnership will benefit your business
- Any relevant financial statements
- Letters of intent or support from the chosen institution (if available)
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 form along with the required documentation to the designated program contact.Follow Up
After submission, reach out to confirm receipt of your application and inquire about the next steps.Prepare for Collaboration
Once accepted, start planning how to work with your chosen institution to maximize the benefits of the partnership.
