How much funding can be received?

Funds up to 63% of admissible expenses.

What is the deadline to apply?

The deadline to apply is not specified.

Who are the financial supporters of the Accelerator 360°?

Accelerator 360° is funded by Aéro Montreal

What are Accelerator 360°'s eligibility criterias?

The company must be a small or medium-sized enterprise (SME) in the aerospace sector. The enterprise must be based in Québec. The company should aim to integrate further into global supply chains.

Accelerator 360°

Last Update: January 24, 2025

Montréal, QC

Funds to grow Quebec aerospace SMEs

Accelerator 360° at a glance

Eligible Funding

Up to 63% of project cost

Timeline

Open Date : July 27, 2020

Financing Type

Grant and Funding

Eligible Industries

Manufacturing
Transportation and warehousing

Grant Providers

Aéro Montreal

Status

Open

Overview of the Accelerator 360° program

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.

Eligible projects & activities

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

Examples of admissible projects:

$ 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

Eligibility criteria of the Accelerator 360° program

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

Who is eligible?

There are eligible types of companies for this grant program:

Québec SMEs in the aerospace sector

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

Eligibility criteria of the Accelerator 360° program

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

How to apply to the Accelerator 360° program

Identify the eligibility criteria

Ensure that your company is an SME in the aerospace sector in Quebec
Make sure to have growth objectives aligned with the program

Prepare the request

Review your current strategic planning
Gather the requested information for the application submission

Submit the request

Fill out the application form with the required information
Follow the instructions for submitting the application

Wait for the decision

Wait for the evaluation period of the application by the partner organizations
Be ready to respond to any requests for clarification or additional information

Documents and links

Accelerator 360°

Apply to this program

Grants for hiring skilled tech workers in Beauce-Centre