University of the Fraser Valley
Highlights
Imagine having access to world-class expertise and cutting-edge facilities without the burden of strict financial limits. By partnering with an educational institution, your business can tackle complex challenges head-on. This program allows you to build proofs-of-concept, improve processes, and validate projects with the guidance of academic experts.
Why apply? Here are a few reasons to consider:
- Collaborate with experts: Leverage specialized knowledge tailored to your business needs.
- Enhanced performance: Utilize resources that can significantly boost your operations and innovation.
- Flexibility: There’s no funding cap and it’s open to all sectors in Canada, allowing diverse avenues for growth.
Being approved means you can strategically elevate your business while benefitting from the support and insights of leading institutions. It's straightforward to explore this collaboration and could transform your business trajectory in ways you might not expect.
Financing Details
The financing provided through this program includes Grants.
Repayment Terms and Interest Rates:
- There are no repayment terms associated with grants since they do not need to be paid back.
- Interest rates do not apply because you are not borrowing money through a loan.
Eligible Expenses:
Funds can be used for:
- Developing proofs-of-concept.
- Improving processes and performance.
- Validating projects.
- Engaging with university, college, or health institution partners.
Ineligible Expenses:
It's important to note that the funds cannot be used for general operating expenses, marketing campaigns, or purchases unrelated to the project.
Fees Associated with the Program:
There are no application fees or hidden costs required to access these funds.
Qualifications
- Location: Must be located in Canada.
- Sectors: Open to all sectors.
- Employees: No minimum or maximum number of employees required.
- Revenue: No minimum or maximum revenue qualifications.
- Legal Structure: All legal structures are applicable.
- Profit Structure: All profit structures are applicable.
Description
You can tap into world-class expertise and facilities by partnering with a university, college, or health institution. This program enables you to access valuable support that can help solve complex business challenges. Whether you need to build proofs-of-concept, improve your processes, or validate a project, a partnership can provide the guidance you’re looking for.
This opportunity allows you to leverage educational resources and intellectual property that can enhance your business operations. With access to specialized knowledge and facilities, you can significantly boost your performance and innovation. Collaborating with academic experts can lead to solutions tailored to your specific needs.
There's no funding cap for participating businesses, and the program is open to all sectors in Canada. This means you have the flexibility to explore diverse avenues for growth without worrying about stringent financial limitations. Engaging in this partnership can be a strategic move to elevate your business while benefiting from the support of leading institutions.
Program Steps
Identify Your Business Need
Determine the specific challenge or project you want to address through this partnership.Research Suitable Educational Institutions
Look for universities, colleges, or health institutions that align with your business needs and have relevant expertise.Prepare the Appropriate Documentation
Gather the following documents for your application:- Business plan outlining your objectives
- Description of the challenge or project
- Details of the institution you wish to partner with
- Any current research or data related to your challenge
Contact the Chosen Institution
Reach out to the selected educational institution to discuss your project and explore potential collaboration.Submit Your Application
Complete the application form as required by the program, attaching your prepared documents.Follow Up
After submitting, follow up with the institution to confirm receipt and discuss any next steps.