Trent University
Highlights
This program offers you access to world-class expertise and cutting-edge facilities by partnering with a local university, college, or health institution. By collaborating with experienced researchers, you can tackle complex challenges and validate your innovative ideas. This is an excellent opportunity to improve your processes, build proofs-of-concept, and bring your products to market more effectively.
You do not need to meet strict revenue or employee requirements. This means it's accessible for businesses of all sizes, allowing you to leverage academic resources for your growth without the usual barriers. By applying, you not only gain expert advice and support, but also build valuable connections that could benefit your business in the long run.
In summary, the key advantages of this program are:
- Expert guidance from top researchers
- Access to state-of-the-art facilities
- Opportunities to validate and enhance your ideas
- A unique chance to foster connections for future growth
Applying could be a game-changer for your business.
Financing Details
The financing offered through the program is primarily in the form of Grants. This means you won't have to repay it, which is a huge advantage for your business.
Key Financial Aspects:
Repayment Terms: There are no repayment terms for grants, so you keep the money without worrying about interest rates or monthly payments.
Eligible Expenses: The funds can be used for a range of purposes such as:
- Research and development
- Building proofs-of-concept
- Improving processes and performance
- Validating ideas before bringing them to market
Ineligible Expenses: The funds cannot be used for general operational costs, such as rent or utilities, or for expenses unrelated to your project.
Fees: There are no hidden fees associated with this program, making it straightforward for you to utilize the funding effectively.
Qualifications
- Location: Must be located in an area served by Trent University.
- Sectors: Open to all sectors.
- Employees: No minimum or maximum number of employees required.
- Company Revenue: No minimum or maximum revenue qualifications.
- Legal Structure: All legal structures are applicable.
- Profit Structure: All profit structures are applicable.
Description
You can tap into world-class expertise and facilities by partnering with a university, college, or health institution. This collaboration can help you address complex challenges within your business. Whether you need to validate new ideas, build proofs-of-concept, or improve processes and performance, these resources are designed to support you.
This program offers a chance to solve problems effectively and bring your innovative ideas to market. With the guidance of experienced researchers and access to cutting-edge facilities, you can enhance the viability of your projects. There are no strict revenue or employee requirements, which means this opportunity is open to businesses of all sizes.
By forming these partnerships, you’ll not only gain expert advice and support, but you will also foster connections that can be valuable for future growth. It’s a unique chance to leverage academic resources to drive your business success.
Program Steps
Research Potential Partners
Identify local universities, colleges, or health institutions that align with your business needs.Contact the Institutions
Reach out to the selected institutions to express your interest in partnering. Discuss your project ideas and challenges.Prepare the Appropriate Documentation
Gather the following documents:- A detailed business plan
- Project description outlining your goals and challenges
- Any relevant financial statements (if applicable)
- Proof of business registration
- Any previous research or data related to your project
Submit Your Application
Complete the application process as directed by the selected institution. Include all required documentation.Follow Up
After submission, check in with the institution to ensure they received your application and to discuss next steps.Engage in Discussions
If selected, engage in discussions with your academic partner to refine your project and collaborate effectively.Implement the Project
Work closely with your partner to put your project into action, utilizing their expertise and facilities.Evaluate Outcomes
After the collaboration, assess the results and the impact on your business. Gather feedback for future partnerships.