University of New Brunswick
Highlights
You have a unique opportunity to partner with universities, colleges, and health institutions. This program provides you access to world-class expertise and high-tech facilities. When you collaborate with researchers, you can solve complex problems, validate your innovations, and enhance your business performance.
By taking advantage of this program, you gain valuable resources and knowledge, which can lead to significant improvements in your processes. There's no fixed funding limit, allowing you to tailor your project to meet your specific needs. Plus, it’s open to all businesses, regardless of size or revenue. You can focus on achieving your goals without the usual barriers.
Applying is straightforward, and you don’t need to worry about complicated requirements. With the support of the university, you can drive innovation and lift your business to new heights. It’s a chance to turn challenges into opportunities.
Financing Details
The financing provided through this program is primarily in the form of Grants. Grants do not need to be repaid, making them a fantastic opportunity for business owners like you.
Repayment Terms and Interest Rates:
Since this is a grant, there are no repayment terms or interest rates. This means you receive funds without the burden of future payments or accruing interest.
Eligible Expenses:
You can use the funds for a variety of purposes, including:
- Research and development costs
- Hiring specialized staff or experts
- Purchasing materials for prototypes
- Engaging with university or college partners
Restrictions on Fund Usage:
The funds cannot be used for general business expenses, such as routine operational costs or previous debts. Additionally, funds should not be utilized for marketing or promotion.
Fees:
There are no hidden fees associated with this program. It’s designed to support your business without adding extra costs.
Take this chance to invest in your business’s growth without the weight of repayment!
Qualifications
- Location: Business must operate in or have access to the University of New Brunswick.
- Sector: Open to all sectors.
- Number of 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 tap into world-class expertise by partnering with a university, college, or health institution. This program allows you to collaborate with researchers and access advanced facilities. If you have a complex problem or need to validate an innovation, these partnerships can provide the resources and knowledge you need.
By leveraging this support, you can solve critical challenges, build proofs-of-concept, and enhance your processes and performance. This means you’re not just getting help; you’re gaining a path to boost your business capability and drive innovation. The best part is, there’s no fixed funding limit, which means you can explore opportunities that suit your specific needs.
This is a chance for any business, regardless of size or revenue, to gain valuable insights and resources without the usual barriers. You don’t need to worry about complicated legal structures or employee counts. Just focus on your goals, and let the university help you take your business to the next level.
Program Steps
Identify Your Needs
Determine the specific problems or challenges your business faces that require expertise or resources.Select a Partner
Research potential universities, colleges, or health institutions that align with your business needs and goals.Prepare Appropriate Documentation
Gather the necessary documents for your application, which may include:- Business plan
- Financial statements (e.g., balance sheet, profit and loss statement)
- Description of the project or innovation you want to pursue
- Evidence of previous work or research (if applicable)
Draft Your Proposal
Create a concise proposal outlining your project, the challenges you want to address, and how the partnership can benefit your business.Submit Your Application
Follow the submission process outlined by your selected partner institution to formally apply for the program.Follow Up
Stay in contact with the institution to check on the status of your application and address any additional questions or requirements they may have.