Bow Valley College
Canada
Elevate your project with the help of expert researchers
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|noCondition
grant_single|deadlines
- grant_single|openingDateFebruary 08, 2022
grant_single|financingType
Researchers And Facilities
grant_single|eligibleIndustries
- grant_single|allIndustries
grant_single|grantors
- Cognit.ca
- Bow Valley College
grant_single|status
grant_card_status|open
grant_single_labels|preview
Get access to world-class expertise, facilities and IP when you form a partnership with a university, college or health institution. Use the partnership to help solve complex problems, build proofs-of-concept, improve processes and performance, validate y
grant_single_labels|projects
grant_single|admissibleProjectsExample
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Creating advanced agricultural technologies with the University of Guelph
$300,000
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Exploring renewable energy storage solutions with a university
grant_single_labels|admissibility
grant_eligibility_criteria|zone
There are specific geographic areas eligible for this grant. These areas include:
- City A
- County B
- Region C
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Grant Summary
This grant aims to provide financial support to small businesses in need of assistance due to the economic impacts of the COVID-19 pandemic. Eligible businesses can receive funding to help cover operational costs and sustain their operations during these challenging times.
Detailed Explanation of the Grant
Small businesses play a vital role in the economy, but many have been severely affected by the ongoing COVID-19 pandemic. To address this issue, the grant offers financial assistance to qualifying businesses to help them stay afloat and continue serving their communities. The funding can be used for a variety of purposes, such as paying rent, utilities, payroll, and other essential expenses.
Business owners can apply for the grant by submitting an application that demonstrates their need for support and outlines how the funds will be used to benefit their operations. The application process typically involves providing financial documentation, a business plan, and other relevant information to show eligibility for the grant.
Once approved, businesses can access the grant funds and use them to cover immediate costs or invest in strategies to sustain their operations in the long term. This support can make a significant difference for small businesses facing financial hardship and help them navigate the challenges brought on by the pandemic.
Overall, this grant serves as a lifeline for struggling small businesses, offering them a chance to overcome obstacles and build resilience in the face of economic uncertainty. By providing targeted financial assistance, the grant aims to preserve jobs, support local economies, and ensure the continued success of small businesses in the community.