Trinity Western University
Highlights
Imagine having access to top researchers and cutting-edge technology to help you solve complex problems and improve your business processes. This program offers you a unique opportunity to partner with a university, college, or health institution. You can build proofs-of-concept, validate your ideas, and enhance your overall performance. The best part? There’s no funding limit set, so the potential for growth is vast.
By collaborating with these institutions, you can gain access to valuable intellectual property (IP) that can drive your business forward. This partnership allows you to leverage academic and health sector resources without the hassle of navigating complex qualifications. No strict requirements on the number of employees or revenue make it accessible to businesses of all sizes and sectors.
This program is designed to help you tackle specific challenges, innovate, and stay ahead of the competition. It's an easy and valuable way to elevate your business by tapping into world-class expertise and facilities. Don't miss out on this chance to grow and improve your business with the support of top-tier academic and health institutions.
Financing Details
Grant: The program offers non-repayable grants, meaning you won't have to pay back the funds provided.
Repayment Terms and Interest Rates: Since this is a grant, there are no repayment terms or interest rates applicable.
Eligible Expenses: The grant can be used towards costs associated with forming partnerships with universities, colleges, or health institutions. This includes expenses for research and development, building proofs-of-concept, improving processes and performance, and validation activities.
Restrictions on Use of Funds: The funds cannot be used for general operational costs such as salaries, rent, or utilities that are not directly associated with the partnership project.
Fees: There are no application or processing fees associated with this grant.
Qualifications
- Business must form a partnership with a university, college, or health institution.
- Business must aim to solve complex problems, build proofs-of-concept, improve processes and performance, or validate ideas through the partnership.
- Business must be operating within the specified geographic region.
- Business must meet the revenue criteria set by the program.
- Business must have a specific number of employees as required by the program.
Description
Partnering with a university, college, or health institution can be a game-changer for your business. This program lets you tap into world-class expertise and facilities to solve complex problems and improve your processes. Imagine having access to top researchers and cutting-edge technology to help you build proofs-of-concept, validate your ideas, and enhance your overall performance.
There’s no funding limit set, which means the potential for growth is vast. You can use the partnership to tackle specific challenges, innovate, and stay ahead of the competition. The best part? There are no strict requirements on the number of employees or revenue, making it accessible to businesses of all sizes and sectors.
By collaborating with these institutions, you can also gain access to valuable intellectual property (IP) that can drive your business forward. This is an opportunity to leverage academic and health sector resources to elevate your business, without the hassle of navigating complex qualifications.
Program Steps
Prepare Your Documentation
Gather the necessary documents for your application. You will need:- Business registration details
- Financial statements (last two years)
- A brief business plan outlining your goals and challenges
- Any relevant project proposals or ideas you wish to explore
Identify Your Partnership Goals
Clearly define what you want to achieve through this partnership. Consider specific challenges you want to address or innovations you wish to explore.Research Potential Partners
Look for universities, colleges, or health institutions that align with your business needs. Check their areas of expertise and see how they can support your goals.Reach Out to Potential Partners
Contact the institutions you’ve identified. Introduce your business and express your interest in collaborating. Be clear about what you hope to achieve together.Submit Your Application
Complete the application form provided by the program. Include all required documentation and ensure your goals are clearly articulated.Follow Up
After submitting your application, follow up with the program coordinators to confirm receipt and inquire about the next steps.Prepare for Collaboration
Once accepted, start preparing for your partnership. Set up meetings with your partner institution to discuss project timelines, expectations, and resources needed.Engage and Innovate
Actively participate in the collaboration. Utilize the expertise and resources available to tackle your business challenges and drive innovation.