INNOV-R — CRIAQ

INNOV-R — CRIAQ

Funding for GHG-reduction projects in Quebec

At a glance

Eligible Funding
  • Max. $500,000
  • 50% of project cost
Timeline
  • Open Date : February 09, 2024
  • Closing date : March 27, 2024
Financing Type
Grant and Funding
Eligible Industries
  • All industries
Grant Providers
  • Consortium de recherche et d'innovations en bioprocédés industriels au Québec
Status
Closed

Overview

Get a grant of up to $500,000 per year for a three-year project to cover up to 50% of eligible expenses when you collaborate with at least one academic institution or public research centre on an R&D project aimed at reducing GHG emissions project in the

Eligibility criteria

The eligibility criteria for the Exploration-Innovation Quebec grant program include forming a collaborative research partnership consisting of at least one academic and one industry partner. The proposed research project should explore emerging technologies in the aerospace sector with the goal of generating new application ideas or validating technological elements. The projects should be led by researchers and supervised by industry experts. Additionally, the duration of research projects under this program is typically up to 3 years, although this can vary based on the specific call for proposals. Universities, college technology transfer centers (CCTTs), and public research centers are eligible to receive funding. Contributions that are not subsidized may also qualify for tax credits, such as the Research and Development Tax Credit (RSDE). For more detailed information, it is advisable to contact the project portfolio team for clarification on specific eligibility requirements.

Who is eligible

- Large enterprises (order givers/OEMs) - Intermediate-sized companies - Small or medium-sized enterprises (SMEs)

Eligible projects & activities

- Explore the potential of emerging technologies for generating new applications related to aerospace - Validate technological elements in proposed research projects supervised by the industry and led by researchers - Access expertise from the public research sector at universities, college technology transfer centers (CCTTs), and public research centers - Facilitate knowledge and technology transfer to the Quebec industry - Train students and develop excellent skills for the aerospace industry in Quebec

Evaluation & selection criteria

- Access and benefit from the collective intelligence of industrial and academic partners. - Reduce the risk and share the costs of R&D. - Public funding can reach up to 80% of the project's monetary value. - Other partners such as the Natural Sciences and Engineering Research Council of Canada (NSERC), PARI, or MITACS may co-finance the project depending on the proposal. - Leverage effect generated by financial contributions: - Up to $5 obtained for every $1 invested per project. - Up to $20 obtained for every $1 invested (on average) per company. - Personalized support from the project idea stage until project completion.

How to apply

To apply for the Exploration-Innovation grant, follow these steps: 1. Review the current call for projects on the CRIAQ website. 2. Ensure your project aligns with the objectives of the grant, focusing on emerging technologies in aerospace applications. 3. Contact the grant team for personalized guidance and support from the initial project idea to completion. 4. Submit a Letter of Intent (LoI) by the specified deadline. 5. If your LoI is accepted, submit a full project proposal by the deadline. 6. Collaborate with industry and academic partners as required. 7. Engage in the research and development process aligned with the grant's goals. 8. Benefit from up to 80% public funding support for your project.

Additional information

- The duration of research projects can vary, but the maximum is typically 3 years. - Funding recipients include universities, college technology transfer centers (CCTTs), and public research centers. - Contributions that are not subsidized may be eligible for tax credits, such as the Scientific Research and Experimental Development (SR&ED) tax credit, based on the current criteria of the program. - Management fees apply to the total project value; contact the project portfolio team for more details.

Documents and links

INNOV-R — CRIAQ

Apply to this program