Partnering with a university, college, or health institution offers incredible benefits for your business. Gain access to world-class expertise and advanced facilities that can help you tackle complex challenges. This collaboration allows you to build proofs-of-concept, enhance your processes, and validate your ideas, all while receiving tailored solutions from knowledgeable researchers.

Imagine the potential to innovate and refine your initiatives, boosting your competitiveness in the market. With no restrictions on funding amounts, you can create a partnership tailored to your specific needs. This program is accessible to all sectors in Canada, ensuring that businesses of any type or size can leverage these valuable resources.

By applying to this program, you position your business for significant growth and efficiency. The support from these partnerships can simplify your path to achieving your goals, empowering you to take on the future with confidence.

Type of Financing

This program provides grants to eligible businesses. Grants are funds that you do not need to pay back, making them a great option to support your growth without adding debt.

Repayment Terms and Eligibility

There are no repayment terms or interest rates associated with these grants. This means you can use the funds without worrying about monthly payments or accumulating interest over time.

Eligible Expenses

The funds can be used for various expenses related to your partnership with universities, colleges, or health institutions. Eligible expenses include:

• Research and development costs
• Proof-of-concept projects
• Process improvements
• Performance enhancements
• Validation of new ideas and initiatives

What the Funds Can't be Used For

It's important to note that the funds cannot be used for general operational costs, such as rent or salaries.

Fees Associated

There are generally no fees associated with applying for or receiving these grants. This makes it a straightforward way to access funds for your innovative projects without hidden costs.

• Location: Must be based in Canada.
• Sectors: Open to all sectors.
• Employees:
  • No minimum number of employees required.
  • No maximum number of employees required.
• Company Revenue:
  • No minimum revenue qualifications.
  • No maximum revenue qualifications.
• Legal Structure: All legal structures are applicable.
• Profit Structure: All profit structures are applicable.

Disqualifications:

• None mentioned.

Forming a partnership with a university, college, or health institution opens up a world of opportunities for your business. You can access invaluable expertise and advanced facilities that could help you tackle challenging problems. This collaboration can assist in building proofs-of-concept, improving your processes, and validating your ideas in a supportive environment.

Working with knowledgeable researchers can provide you with tailored solutions that can lead to significant growth. This partnership allows you to innovate and refine your initiatives, making your business more competitive. The support you gain can enhance your capabilities and help you achieve your goals more efficiently.

There are no restrictions on the amount of funding, so your business can create a customized partnership that suits your specific needs. The beauty of this program is that it’s accessible to all sectors in Canada, ensuring that you can leverage resources regardless of your business type or size. This is a chance to propel your business forward through collaboration and shared knowledge.