Yukon College
Highlights
Unlock a valuable opportunity for your business by partnering with leading educational institutions through this program. It’s designed to help you solve complex problems and develop proofs-of-concept, which can enhance your product offerings and streamline your operations. Collaborating with experts means you gain access to world-class advice and state-of-the-art facilities, allowing you to validate your projects and improve performance directly.
Why should you apply? By forming a partnership, you can leverage insights from researchers tailored specifically for your industry, driving innovation and growth. This initiative is open to all businesses, regardless of size or revenue, so you won’t face restrictions that hinder your ability to innovate. With no strict budget, the program can provide the resources you need to bring your ideas to fruition.
Applying is straightforward and with no minimum requirements, you can take advantage of this chance to elevate your business. Partnering with a university or college opens doors to new possibilities and could set your business on a path toward success like never before.
Financing Details
This program offers grant financing. Grants are funds that do not need to be repaid; they are essentially free money to help your business innovate and improve.
Repayment Terms and Interest Rates
Since this is a grant, there are no repayment terms or interest rates involved. You won't owe anything once you complete your project using the funds.
Eligible Expenses
You can use the grant funds for a variety of expenses, including:
- Research and development costs
- Building proofs-of-concept
- Hiring experts from partner institutions
- Direct project-related expenses
Restrictions on Use of Funds
However, the funds cannot be used for:
- General business operating costs
- Non-project related expenses
- Personal uses
Fees
There are no associated fees with the program. This means you can focus fully on your project without worrying about hidden costs.
Qualifications
- Location: The business must be located in Yukon.
- Sectors: All sectors of business are eligible.
- Employees: No minimum or maximum number of employees is required.
- Company Revenue: No minimum or maximum revenue qualifications apply.
- Legal Structure: All legal structures are applicable.
- Profit Structure: All profit structures are applicable.
Disqualifications: There are no specific disqualifications mentioned in the context.
Description
You can unlock world-class expertise and access top-notch facilities by partnering with a university, college, or health institution. This is an opportunity for your business to tackle complex challenges directly. Collaborating with educational institutions allows you to build proofs-of-concept, streamline your processes, and validate your projects.
With this program, you can improve your business performance through expert advice from researchers in your field. Whether you’re developing a new product or looking to enhance your existing services, this partnership can provide the insights you need.
This initiative is open to all sectors and doesn't impose a minimum or maximum revenue requirement. That means regardless of your business's size or structure, you can take advantage of this unique opportunity to foster innovation and growth. With no strict budget set, you have the potential to access resources tailored specifically to your needs.
Program Steps
Identify Potential Partners
Research universities, colleges, or health institutions that align with your business needs.Reach Out to Institutions
Connect with the chosen institutions to express your interest in collaboration and discuss potential projects.Prepare Your Proposal
Draft a clear proposal outlining your business challenges, objectives, and how the partnership can help. Be specific about the outcomes you hope to achieve.Gather Required Documentation
Collect the following documents to support your application:- Business plan
- Financial statements (if applicable)
- Proof of business registration
- Any previous project documentation relevant to your proposed partnership
Submit Your Application
Complete the application form provided by the institution and attach your proposal and documentation. Ensure you follow any specific submission guidelines they provide.Follow Up
After submitting, follow up with the institution to confirm receipt of your application and express your willingness to discuss further.Engage in Discussions
Be ready to discuss your proposal in detail. This can help refine the project scope and ensure alignment with the institution's capabilities.Form Partnership Agreement
Once approved, work towards formalizing the partnership with a clear agreement outlining roles, expectations, and deliverables.