Accelerator 360°
Montréal, QC, Canada
Funds to grow Quebec aerospace SMEs
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|openingDateJuly 27, 2020
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- Manufacturing
- Transportation and warehousing
grant_single|grantors
- Aéro Montreal
grant_single|status
grant_card_status|open
grant_single_labels|preview
Get funding of up to 63% of eligible expenses for technological developments in the pre-commercialization phase, as well as help with strategic planning, entering international markets, and finding partners.
grant_single_labels|projects
There are eligible projects for the grant:
- Accelerator 360° program designed to accelerate the growth of Québec SMEs in the aerospace sector
- Supporting 35 Québec aerospace SMEs to reach their growth objectives
grant_single|admissibleProjectsExample
$34,650
Upgrading drone technology for agricultural applications to enhance crop monitoring and management
$63,000
Creating an advanced materials lab to develop lightweight and durable aerospace components
$252,000
Developing a new AI-driven analytics tool for aerospace SMEs
$47,250
Developing a new navigation system for small aircraft to improve safety during regional flights
$50,400
Launching new software for efficient aircraft maintenance management targeting global markets
grant_single_labels|admissibility
This grant program offers funding of up to 63% of eligible expenses to support the growth of Québec SMEs in the aerospace sector. The eligibility criteria for this grant include:
- Be a Québec-based small or medium-sized enterprise (SME) in the aerospace sector
- Have a strategic growth plan and objectives aligned with the goals of the Accelerator 360° program
- Demonstrate a commitment to engaging in international markets and forming strategic partnerships
grant_eligibility_criteria|who_can_apply
There are eligible types of companies for this grant program:
- Québec SMEs in the aerospace sector
grant_eligibility_criteria|eligible_expenses
The Accelerator 360° program offers funding of up to 63% of eligible expenses for Québec SMEs in the aerospace sector. Eligible expenses may include:
- Strategic planning support
- International market development assistance
- Training and business opportunities responsiveness
grant_single_labels|criteria
The Accelerator 360° program has evaluation and selection criteria to ensure the suitability of applicants:
- Relevance of the project to the aerospace sector and global market integration
- Demonstrated need for assistance in strategic planning and partnerships
- Potential for growth in international markets
- Capability to engage in strategic alliances and partnerships
grant_single_labels|register
- Step 1: Contact Yannick Michaux, ing. /P. Eng. at C: 438 226-2100 or yannick.michaux@aeromontreal.ca to express interest in the program
- Step 2: Discuss your business needs and growth objectives to assess eligibility and alignment with the Accelerator 360° program
- Step 3: Prepare necessary documentation and information for the application process
- Step 4: Submit the application and await confirmation of acceptance into the program
Apply to this program
Grant Summary:
The Accelerator 360° program by Aéro Montréal is a comprehensive initiative designed to boost the growth of Québec SMEs in the aerospace sector, aiding them in expanding into international markets and forming strategic partnerships. The program offers structured support, training, access to industry experts, and up to 63% funding for eligible expenses.
Accelerator 360° Program by Aéro Montréal: Supporting Québec SMEs in the Aerospace Sector
Aéro Montréal's Accelerator 360° program is a tailored approach to assist Québec SMEs in the aerospace industry in overcoming challenges and accelerating their growth. With a focus on integration into global supply chains and enhancing competitiveness, the program provides strategic planning assistance, facilitates international market development, and fosters collaborative alliances.
Through a structured framework, the program collaborates with industry experts to offer comprehensive support, training, and opportunities to capitalize on business prospects. Business leaders can benefit from networking with experienced peers, sharing insights, and exploring potential partnerships to strengthen their market presence.
One significant aspect of the Accelerator 360° program is the financial backing it provides, with eligible expenses covered up to 63% through available funding. This support can be instrumental in empowering SMEs to pursue growth opportunities, invest in innovation, and enhance their operations to meet industry standards.
By connecting SMEs with a network of business leaders and facilitating access to resources, the program aims to build a vibrant ecosystem that fosters collaboration, knowledge exchange, and collective growth within the aerospace sector. The partnership with the Communauté métropolitaine de Montréal, the Government of Québec, and the Government of Canada underlines the commitment to advancing the aerospace industry and supporting SMEs in reaching new markets.
In conclusion, the Accelerator 360° program is a valuable initiative that not only addresses the immediate needs of Québec SMEs in aerospace but also lays the foundation for long-term sustainability and competitiveness. By leveraging expertise, funding, and strategic partnerships, Aéro Montréal is playing a pivotal role in propelling SMEs towards success in the global aerospace marketplace.
