Case Study: How a Biotech CRO Secured $425,000 in Government Grants for Hiring and Training

The biotech industry’s rapid evolution often brings new opportunities for companies ready to scale. In this case study, we explore how Ayming Canada helped a Biotech Contract Research Organization (CRO) secure substantial government funding to support hiring and training initiatives, enabling the client to capitalize on shifting industry trends.

Context and Challenge

Sector: Biotech CRO
Funding Category: Hiring & Training

The client, a North American Biotech CRO, was experiencing sustained growth and planning for future expansion. The post-COVID-19 landscape offered unique opportunities for CROs in North America. In particular as companies prioritized biotech research closer to home instead of outsourcing to Asia.

To take advantage of this trend, the client needed to hire and train a large number of new employees. However, they were unaware of the funding opportunities available to support these initiatives. They also had no specific funding strategy in place.

Ayming’s Approach

Ayming stepped in to educate the client on how employee training grants could align with their goals. Recognizing the need to build trust and streamline communication, our team adapted to the client’s workflow, establishing secondary points of contact within the organization to gather essential information.

By understanding the client’s industry-specific language and leveraging internal allies who championed the grant application process, Ayming was able to secure the data needed for success. Additionally, our research into the CRO sector helped identify trends and funding opportunities that best fit the client’s needs and aligned with government program criteria.

We also mapped the client’s planned projects to applicable grant programs, ensuring that their hiring and training initiatives were positioned for maximum funding potential.

Delivering Results for Biotech CRO

Ayming’s efforts resulted in the client receiving $425,000 in non-repayable grant funding, directly supporting their hiring and training objectives. This funding enabled the client to scale operations, take advantage of new market opportunities, and maintain a competitive edge in the rapidly evolving biotech industry.

Through this process, Ayming became a trusted advisor, demonstrating expertise in navigating the government funding landscape and providing tailored solutions that matched the client’s growth trajectory.

Partner with Ayming for Funding Success

This case study highlights how Ayming Canada’s strategic guidance can unlock government funding opportunities for businesses across industries. Whether you’re hiring, training, or investing in innovation, we can help you align your initiatives with applicable programs to achieve your growth objectives.

Partner with Ayming today and discover how we can help you maximize your funding potential and achieve sustainable growth. Contact us to learn more!