University of Guelph
Highlights
Applying for this program is a fantastic opportunity for your business, regardless of your industry or size. By forming a partnership with a university, college, or health institution, you gain access to world-class expertise and cutting-edge facilities. This means that you can solve complex problems more efficiently, develop proofs-of-concept, and enhance your work's credibility.
The benefits can be transformative. You'll improve processes and performance while also validating your work with the knowledge of leading professionals. Additionally, collaborating with these institutions allows you to build a valuable network, opening doors to future projects and innovations. This partnership is designed to support you without the constraints of revenue or employee numbers, making it easier for you to take action and grow your business.
In summary, don't overlook this chance to elevate your business. With no minimum or maximum requirements, it opens the door for everyone. We get it – navigating funding options can be daunting. That's why we're here to support you in capturing this rewarding partnership.
Financing Details
The financing offered includes grants that do not need to be repaid.
Repayment Terms and Interest Rates:
- Since this is a grant, there are no repayment terms or interest rates. That means you can use the money without worrying about paying it back later.
Eligible Expenses:
- The funds can be used for various purposes related to your partnership, such as:
- Developing proofs-of-concept
- Improving processes and performance
- Validating your work
- Covering costs associated with accessing expertise and facilities from your university, college, or health institution
Non-Eligible Expenses:
- The funds cannot be used for general operating expenses, unrelated projects, or personal expenses.
Fees:
- There are no fees associated with this program. You get the support without any hidden costs.
Qualifications
- Available across Canada
- Open to businesses in all sectors
- No minimum number of employees required
- No maximum number of employees required
- No minimum revenue qualifications
- No maximum revenue qualifications
- All legal structures eligible
- All profit structures eligible
Disqualifications:
- No specific disqualifications mentioned in the context.
Description
Forming a partnership with a university, college, or health institution opens doors for your business. You gain access to world-class expertise and cutting-edge facilities. This partnership can help you solve complex problems and develop proofs-of-concept.
You can leverage this collaboration to improve processes and performance as well. The knowledge and resources available to you can significantly validate and enhance your work, making your business stand out and thrive.
This program encourages collaboration across all sectors in Canada, meaning it’s designed to cater to businesses of varying sizes and structures. By partnering, you not only gain valuable insights but also build a network that can lead to future opportunities. Don't miss out on this chance to elevate your business with expert guidance and support.
Program Steps
Identify Potential Partners
Research universities, colleges, or health institutions that align with your business goals.Reach Out
Contact the chosen institutions to express your interest in forming a partnership.Prepare Documentation
Gather necessary documents to support your application, including:- Business plan
- Company registration documents
- Financial statements
- Description of your project or area of interest
- Letter of intent for collaboration
Complete the Application Form
Fill out the application form accurately, providing all requested details.Submit Your Application
Send your completed application and documentation to the designated program office.Follow Up
After submission, follow up with the institution to confirm receipt and ask about the timeline for decisions.