Stade V
QC, Canada
Accelerator program for Quebec-based tech startups seeking growth
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|closingDateFebruary 16, 2025
grant_single|financingType
Expert Advice
Partnering and Collaboration
grant_single|eligibleIndustries
- grant_single|allIndustries
grant_single|grantors
- Québec Tech
grant_single|status
grant_card_status|open
grant_single_labels|preview
Stade V is a program designed to accelerate Quebec-based tech startups, providing personalized action plans, access to international commercialization managers, and expert networks, covering up to 65% of professional costs. The program focuses on market preparation, credibility, and market acquisition, with eligible activities centered around innovative solutions and significant international expansion efforts.
grant_single_labels|terms_and_conditions
This grant provides structured financing arrangements to support the growth of selected startups, ensuring efficient use of resources. The funding mechanism involves a combination of budget allocation and cost-sharing with clear conditions.
- Quebec Tech covers up to 65% of the costs related to expert services for the startups, with the remaining 35% being paid by the startups.
- Selected startups will receive a budget allocation to use for professional services as required by their growth plan.
- All expenditures must be pre-approved by Quebec Tech to ensure alignment with the established action plan.
grant_single_labels|projects
The Stade V grant focuses on accelerating the growth and market presence of eligible startups through various strategic activities. These initiatives aim to support international commercialization, enhance market credibility, and expand market acquisition capabilities.
- Development of a personalized action plan for each startup.
- Appointment of a dedicated international commercialization manager.
- Establishment of a specialized committee of experts (SWAT).
- Express access to institutional partners.
- Access to high-caliber experts and experienced entrepreneurs.
- Customized missions based on strategic objectives.
- Provision of a budgetary envelope to support growth initiatives.
grant_single|admissibleProjectsExample
$ 617,500
Blockchain platform for secure global trade transactions
$ 487,500
AI-driven retail analytics platform for e-commerce optimization
$ 780,000
Healthcare wearable technology for real-time patient monitoring
grant_single_labels|admissibility
Eligibility for this grant is determined by specific criteria related to the startup's profile and operational location.
- The startup must be a technology-based company.
- The startup must be based in Quebec, Canada.
- The startup must own its intellectual property.
- The majority of the company’s shares must be Quebec-owned.
- The startup must be recommended by an organization recognized by Québec Tech.
- The startup must generate a minimum of $500,000 in annual sales, with exceptions for deep tech startups, particularly in life sciences.
- The startup must maintain a minimum of 4-5 full-time employees.
- The leadership team must be strong and willing to make significant efforts towards international expansion.
- The startup must have sufficient liquidity for a minimum of 6 months.
- The startup must not have a negative social or environmental impact.
grant_eligibility_criteria|who_can_apply
Eligible applicants for the Stade V services include technological startups based in Quebec, possessing intellectual property, with a majority of shares owned by Quebec residents. Startups must also be recommended by a recognized organization affiliated with Québec Tech.
grant_eligibility_criteria|who_cannot_apply
This grant excludes certain companies and industries based on their business practices and nature of their projects. The restrictions ensure that the program supports entities that align with the grant's ethical and sectoral focus.
- Companies involved in negative social or environmental practices.
- Projects with sexual, religious, political, or drug-related characteristics.
- Non-tech services or product companies.
- Life sciences projects and those targeting B2C for the pilot phase.
grant_eligibility_criteria|eligible_expenses
The grant provides financial support for various expenses to help startups access professional services and resources.
- Expenses related to hiring local and international professional services.
- Costs associated with accessing experts of high caliber.
- Budget for personalized missions according to specific objectives.
grant_eligibility_criteria|zone
This grant targets startups based specifically in the province of Québec, aligning with regional tech development goals.
- Companies based in Québec province.
grant_single_labels|criteria
The evaluation and selection of projects for the Stade V grant focus on key criteria to ensure the selected startups can effectively benefit from the program’s support.
- Problématique and opportunity of market (20%)
- Analysis of the market and competitive landscape (15%)
- Innovative nature and maturity of the solution (20%)
- Business model and commercial traction (15%)
- Financial health and commitment (10%)
- Skills and vision of leadership (20%)
grant_single_labels|register
Here are the steps to submit an application for the Stade V grant:
- Step 1: Review Eligibility Criteria
- Ensure your startup meets all the administrative and selection criteria, such as being a Quebec-based tech startup with annual sales of at least $500,000.
- Obtain a recommendation from a recognized organization listed by Québec Tech.
- Step 2: Application Registration
- Visit the Québec Tech website to start the online application process.
- Create an account to save your progress and return to your application if necessary.
- Step 3: Prepare Application Materials
- Complete the online application form.
- Prepare required documents including financial statements for the past two years, financial forecasts, and a demo video of your technology solution.
- Step 4: Submit Application
- Submit the completed application form and all supporting documents by the deadline of February 16, 2025.
- Step 5: Application Evaluation
- Await notification if your application progresses to the next stage, which involves a meeting with an external evaluation committee.
- Step 6: Final Selection
- If selected as a finalist, prepare for a pitch presentation and Q&A session with the final jury.
- Receive the final decision a week after the pitch session.
grant_single_labels|otherInfo
Here are additional relevant details for this grant:
- The duration of access to the services is determined by the recipient's active use and ongoing achievement of business growth and professionalism, without a fixed end date.
- Startups pay 35% of the costs related to expert services, while Québec Tech covers up to 65%.
- Details necessary for applying include financial statements of the last two years, financial forecasts for the next two years, and a demo video of the technological solution.
- The selection process involves a six-week duration from the application deadline to the final decision.
