Resibuild, in partnership with Antamex Partner Systems (APS) and Sapphire Balconies, has created The Transforming Condo Construction Grant to introduce an innovative way of designing and installing condo balconies in Canada.
We invite Canadian developers to bid for funding in two project transformation grants worth up to $175,000, design and collaborative installation of Sapphire’s Glide-On™ Cassette® balconies.
Overview:
The Transforming Condo Construction Grant focuses on the new modern methods of Construction and digitising projects.
This grant showcases modern methods of constructing balconies that speed up the design, improve build time, increase productivity, and reduce overall CO2 levels in line with Canada’s net-zero plans.
Additionally, we aim to provide financial support to innovative construction projects that showcase the unique benefits of Sapphire’s Glide-On™ Cassette® balconies to the Canadian Construction Industry.
We offer funding in two rounds – you can apply to either or both if you have more than two qualifying projects.
Further, funded projects will result in practical and close-to-market solutions that highlight productivity gains and improved quality and thermal performance.
Read on to know more about the two rounds for qualifying projects.
Round One
Projects currently underway or expected to be starting between now and the following months are qualified for round one.
Project start date: Within the next six months
Round Two
Projects are expected to start in 6 to 12 months and are possibly at the early design stage.
Project start date: In 6 to 12 months
Key Benefits of Using Sapphire Balconies
Easier design process
Sapphire's Glide-On balconies allow for a faster, simpler, and smoother specification journey from concept to completion.
Offsite prefabrication
Faster project schedules cost certainty and superior quality—all reasons to be on the cutting edge of residential construction.
Fast installation on site
The recent pandemic has shone an even greater spotlight on the need to address productivity within the construction industry.
Zero energy homes
With construction trends looking towards Net Zero Energy homes, we aim to illustrate what is already achieved in UK Construction.
Scope
The Transforming Condo Construction Fund has several stakeholders and activities that complement the programme. Applicants are strongly advised to liaise with relevant stakeholders as part of the application process. Successful projects will be expected to work with these stakeholders, which include:
Antamex Partner Systems and its subsidiaries
Sapphire Balconies
We also suggest you review our published report on Canadian Condo Balcony Trends in 2021. We are looking to fund a selection of projects of all sizes, scope areas, spend profiles.
Allocation of funding is based on three critical deciding factors: Speed of completion, Complexity of design and Size of the overall project. The purpose of funding is to showcase the benefits and advantages of this new modern method of constructing condo balconies.
The $100,000 is intended for both Round 1 and Round 2. If enough projects in Round One allow us to achieve our goals, the funding will be used in Round 1, and Round 2 will be closed.
How the funding can be used
Funding for each chosen project can be used against the cost of design, manufacture and installation of Sapphire's Glide-On™ Cassette® balconies. We will work with the selected projects to manage the funding over the entire process, from design to installation.
Funded Design:
There are significant advantages to using standardised design. At Sapphire, we have created our Cassette® system on the principle of modular construction.
Funded Manufacture:
Off-site manufacturing offers more controlled, traceable processes and better-quality products and makes for easier balcony installation with fewer trades/workers on site.
Funded Installation:
Sapphire has developed many unique pieces of equipment to make installing balconies on site faster, more efficient and, most importantly, safer for installation teams.
Your Project & Proposal
Your project must be located in Canada.
Your project must be a multi-unit residential building (MURB).
Selection Process
Our panel of assessors will review each application against the three deciding factors of the estimated project completion date, the complexity of balcony design and the size of the overall project.
Estimated completion date
Projects in Round One will be allocated funding first.
Preference will be first given to projects underway and at the cast-in stage.
The complexity of balcony design
Projects that require fewer design hours will be given preference.
A preference will be given to projects that utilise the balcony software, suite Coach.
Size of project
We believe the ideal project will have between 8* and 14* balconies.
Ideally, the build would be a three to six storey MURB (Multi-unit residential building).
Announcement of winning bids
Once the reviews are completed, an announcement will be made via email and on this page. We will announce which projects have been funded, how much each project has been awarded and if further funds will be available for Round Two.
Eligibility
Our goal is to find the most suitable projects in Canada to fund.
About your project
Does your project start now or in the next six months?
Does it have at least five balconies?
Do you want to showcase your project globally?
Your project must start in the next six months. The duration of your project cannot exceed 18 months.
Your project’s balcony costs can be up to $100,000. Balcony costs over this amount will be considered upon request.
Projects longer than 24 months will also be considered, but preference will be given to projects that finish within the set timelines. Your project’s delivery date and scope will form part of the assessment criteria.
Register your interest now: https://www.resi.build/canadianfundproject
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