Université Laval
Highlights
You have a fantastic opportunity to partner with local universities, colleges, or health institutions. This program offers access to world-class expertise and facilities. Collaborating with these institutions allows you to tackle complex problems, develop proofs-of-concept, and improve your processes. By leveraging academic resources, you can get your business ahead of the curve.
Here’s what’s in it for you:
- No set limits on funding: This means you won’t be restricted by financial caps.
- Innovative insights: You gain access to cutting-edge research and ideas that can help to improve your operations.
- Accessible for all: There are no minimum revenue or employee requirements, making it suitable for businesses of all sizes.
Applying for this program could significantly enhance your offerings and give your business a competitive edge. Not only will you grow, but you will also benefit from the collaboration with the academic community. This is an opportunity to tap into resources that could redefine the way you operate.
Financing Details
The financing offered through this program is primarily in the form of grants.
Repayment Terms and Interest Rates:
- Grants do not need to be repaid, which means you can use the funds without worrying about interest rates or repayment schedules. This provides you with extra flexibility to invest in your business without the stress of debt.
Eligible Expenses:
- Funds can cover costs associated with:
- Research and development
- Proof-of-concept projects
- Processes enhancement
- Performance improvements
- Collaborating with universities, colleges, or health institutions
Ineligible Expenses:
- Funds cannot be used for:
- Routine operational costs
- Purchase of land or building
- Any expenses not directly tied to the partnership and project goals
Fees:
- There are no application fees to participate in the program, making it even easier for you to access these valuable resources without any upfront cost.
This funding opportunity is designed to help you drive innovation and growth without the burden of traditional financing hurdles.
Qualifications
- Location: Must operate in Canada.
- 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.
Disqualifications: None mentioned.
Description
You can partner with a local university, college, or health institution to unlock valuable resources for your business. Through this partnership, you gain access to expertise, facilities, and intellectual property that can help you tackle complex challenges and improve your operations. Whether it’s enhancing processes or developing proofs-of-concept, this collaboration can lead to impactful results.
This program is advantageous for businesses across all sectors. There are no set limits on funding, so you can leverage these resources without worrying about financial cap restrictions. By joining forces with educational institutions, your business can tap into innovative ideas and cutting-edge research, putting you ahead of the competition.
You are not required to meet minimum revenue thresholds or employee counts, making this opportunity accessible to businesses of all sizes. Engaging in this partnership not only potentially enhances your offerings but also helps you grow your business while benefiting from the academic community's resources and insights.
Program Steps
Identify Potential Partners
Research local universities, colleges, or health institutions that align with your business needs.Initiate Contact
Reach out to the identified institutions to express your interest in collaboration.Outline Goals
Clearly define what you hope to achieve through the partnership, such as improving processes or developing proofs-of-concept.Prepare Appropriate Documentation
Gather the necessary documents for your application, including:- Business plan
- Financial statements (if available)
- Description of the challenges you want to address
- Any supporting materials that outline your business operations and objectives
Submit Application
Complete and submit the application to the chosen institution through their designated submission process.Follow-Up
After submitting your application, follow up with the institution to check on the status and provide any additional information if needed.Engagement
Once accepted, begin collaborating with the institution to leverage the resources and expertise they offer.