Consultant Highlight: Dana Inc., A Strategic Fortune 500 $100M Partnership

The automotive industry is rapidly evolving, with a major focus on developing innovative solutions for electric vehicles and sustainable transportation. Dana Inc., a Fortune 500 automotive parts producer specializing in inverters, motors, and cooling systems, recently set its sights on advancing research and development (R&D) efforts in this critical area. To secure the necessary funding for these ambitious projects, they turned to one of Grantuity's consultants for comprehensive business consulting services.

Navigating the complex grant application process can be a daunting task, but Grantuity's expertise was instrumental in guiding the client through each step. First, Grantuity identified the Strategic Innovation Fund (SIF) as the most suitable grant program to support the client's research and development efforts. Through consistent liaising with government officials, as well as conducting an end-to-end funding process, Grantuity was able to execute swiftly in this innovative project.

Thanks to Grantuity's support, the client successfully secured $100 million in funding through the SIF grant. This substantial investment will allow the company to accelerate their R&D activities, focusing on the development of advanced electrical motors and inverters.