York University
Highlights
Forming a partnership with leading universities and institutions offers access to world-class expertise, cutting-edge facilities, and valuable intellectual property. This program is designed to help you overcome complex business challenges and develop innovative solutions tailored to your specific needs. Whether it's creating proofs-of-concept, enhancing processes, or validating new ideas, this partnership can lead to meaningful advancements in your operations.
There are no strict financial limits or revenue requirements, making this opportunity accessible to all businesses, regardless of size or current stage. By collaborating with academic experts, you can drive innovation and implement strategies that elevate your business above the competition. This is not just funding; it's a gateway to transformational insights that can help enhance your bottom line.
Take the step to connect your business with top-tier resources. This collaborative approach can be a game-changer, providing the support and guidance you need to ensure your ideas succeed in the market. You may find that this partnership is the key to unlocking your business's full potential.
Financing Details
The financing offered through this program is primarily a grant. This means that the funds do not need to be repaid as long as you meet the stipulated conditions of the agreement.
Repayment Terms and Fees:
- There are no repayment terms, which means you can focus on growing your business without worrying about monthly payments.
- Additionally, no interest rates apply since this is a grant, rather than a loan.
- There are no upfront fees associated with accessing this funding.
Eligible Expenses:
- You can use the funds for research and development, including testing and validating your ideas.
- The program also supports expenses related to building proofs-of-concept and improving processes and performance.
Restrictions on Fund Usage:
- Not all expenses are covered. The funds cannot be used for general operational costs or unrelated business expenses, such as marketing or payroll.
- Ensure the costs you plan to cover are aligned with the program's objectives to maximize your funding potential.
Qualifications
- Location: Available across Canada.
- Sectors: Open to all sectors.
- Minimum Employees: No minimum employee requirement.
- Maximum Employees: No maximum employee limit.
- Minimum Company Revenue: No minimum revenue requirement.
- Maximum Company Revenue: No maximum revenue limit.
- Legal Structure: All legal structures are applicable.
- Profit Structure: All profit structures are applicable.
Disqualifications: None mentioned.
Description
You can form a partnership with leading universities and institutions, gaining access to their top-notch expertise, facilities, and intellectual property. This support can be a game-changer for your business, helping you tackle complex challenges, create proofs-of-concept, and improve your processes and performance. With these resources, you can validate your ideas more effectively and ensure they stand up in the market.
This opportunity is available to all sectors across Canada, regardless of your business's size or revenue. You are free to explore collaborative projects that align with your goals. There are no strict financial limits or revenue requirements, making it accessible no matter your current stage.
By teaming up with academic experts, you can drive innovation in your business and stay ahead of the competition. This partnership not only allows you to harness valuable insights but also to create meaningful advancements that can elevate your operations and boost your bottom line.
Program Steps
Identify Your Goals
Determine what specific challenges your business faces and how partnering with a university can help you.Research Potential Partners
Look for universities or institutions that align with your business needs and expertise.Prepare the Appropriate Documentation
Gather the following documents to support your application:- Business plan
- Project proposal outlining your goals and challenges
- Financial statements (if applicable)
- Legal structure documentation (if applicable)
- Any relevant intellectual property statements
Reach Out to Potential Partners
Contact your chosen university or institution to discuss your collaboration ideas.Submit Your Application
Complete the application process as directed by the university or program guidelines.Follow Up
After submission, check in with the partner institution to ensure your application is being processed and to address any questions they may have.Engage in Collaboration
Once accepted, work closely with the experts to tackle your challenges and drive innovation in your business.