You have a great opportunity ahead of you. This program connects your business with top-notch experts and state-of-the-art facilities from universities and colleges. It’s designed to help you solve complex problems, validate ideas, and improve efficiency in your processes. The insights and innovative solutions you gain can keep your business competitive in a rapidly changing market.

Why should you apply? First, there’s no set limit on funding, which means you can explore various avenues for support that fit your needs. Partnering with academic institutions can lead to smarter decisions and better outcomes for your projects. By leveraging their expertise, you can enhance your business capabilities and tap into cutting-edge knowledge that may be hard to access otherwise.

Getting started is simple. There are no daunting revenue or employee requirements, making it easy for you to qualify. This partnership could be the key to unlocking new growth potential for your business. Take this step toward innovation and collaboration—your future self will thank you!

Type of Financing

This program offers grants. Grants do not need to be repaid, making them a fantastic option for businesses looking to fund projects without the burden of debt.

Repayment Terms and Interest Rates

Since this is a grant, there are no repayment terms or interest rates tied to the funding. You receive the funds and can use them as designated without worrying about repayments.

Eligible Expenses

Eligible expenses for this program include:

• Research and development costs related to your partnership with educational institutions.
• Equipment purchases necessary for your projects.
• Operational costs like salaries for any new staff involved in the project.
• Training and development costs to enhance team skills for project execution.

Ineligible Expenses

The funds cannot be used for:

• General operational costs unrelated to the specific project.
• Any personal expenses or non-business-related spending.

Fees Associated

There are no fees associated with the program. You can use the funds as intended without additional costs.

• Location: Available in Canada.
• Sectors: Open to all sectors.
• Employees: No minimum or maximum employee requirements.
• Company Revenue: No minimum or maximum revenue requirements.
• Legal Structure: All legal structures are eligible.
• Profit Structure: All profit structures are eligible.

Disqualifications:

• None mentioned in the provided context.

This program gives you a chance to connect with top-notch experts from universities and colleges. You can tap into their knowledge and cutting-edge facilities to tackle your business challenges. Whether you're looking to validate your ideas, improve your processes, or build proofs-of-concept, this partnership can provide the guidance and resources you need.

By collaborating with academic institutions, you can enhance your business's capabilities and gain insights that may not be available elsewhere. This means you can make smarter decisions and potentially see better outcomes or increased efficiency in your projects.

There are no set limits on the funding available through this program, allowing you the freedom to explore various avenues for support. Working with these institutions can also help you stay ahead in your industry, leveraging innovative solutions to keep your business competitive.