Fast-Track to Financing Program ### 📋 Eligible Entities - Canadian incorporated small and medium enterprises (SMEs) - Canadian start-up companies - Academic research institutes based in Canada - Must be a legal entity registered in Canada ### 💰 Funding Details - Maximum Grant Amount: $25,000 per application - Coverage Ratio: Up to 40% of eligible project costs - Repayability: Non-repayable contribution (grant-based) - Matching Requirement: Applicant must cover minimum 60% of project costs ### 🛠️ Approved Expenses - External consultant fees and professional services - Third-party service provider costs for business support activities - Services that support business development and growth initiatives - Note: Program description appears incomplete; typical uses include financing strategy development, business planning, and market analysis support ### ⚠️ Conditions & Milestones - Applicants must be incorporated in Canada (SMEs and start-ups) - External consultant or service provider must be engaged through a formal agreement - Applicant must demonstrate ability to fund 60% of total project costs - Grant covers maximum 40% of eligible service costs - Funds must be used for contracted external services (not internal staff) - Specific timelines and reporting milestones not detailed in provided description - Application should clearly outline how consultant/service will support business objectives