MEDTEQ+ – Femtech Grant Analysis ### 📋 Eligible Entities - Small and Medium Enterprises (SMEs) – Primary applicants - Research Centers/Institutions – Required partnership partner - Universities - Public research organizations - Recognized medical research facilities - Joint Application Model – SME must partner with at least one research center; cannot apply independently - Sector Focus – Companies operating in women's health and well-being technology - Canadian Operations – Implied requirement for Canadian-based entities ### 💰 Funding Details - Maximum Annual Grant: $500,000 per year - Project Duration: Up to 3 years - Total Project Ceiling: $1.5 million maximum - Repayability: Non-repayable grant (contribution-based funding) - Matching Requirements: Not explicitly stated; verify with program administrator - Payment Structure: Likely milestone-based disbursement tied to project progress ### 🛠️ Approved Expenses - Research & Development – Knowledge development on women's health emerging needs - Femtech Product Development – Technology solutions addressing women's health gaps - Collaborative Research Costs – Activities conducted jointly with research center partner - Personnel Costs – R&D salaries and research team compensation - Equipment & Infrastructure – Tools and systems supporting women's health research - Clinical Validation Studies – Testing and validation of femtech solutions - Knowledge Translation – Converting research findings into practical health solutions ### ⚠️ Conditions & Milestones - Mandatory Partnership – SME must maintain active collaboration with research center throughout project - Women's Health Focus – Project must address emerging or unmet needs in women's health and well-being - Knowledge Development – Primary objective is building evidence and understanding, not just commercialization - Reporting Requirements – Progress reporting tied to annual funding disbursement - Milestone-Based Funding – Each year's $500,000 contingent on achieving agreed objectives - 3-Year Maximum – Cannot exceed 3-year project timeline - Budget Cap Enforcement