Innovation in Quantum Technologies — Stream 1

Who is eligible?

This grant is designed for startups in the field of quantum technologies that currently receive or plan to receive support from one of four specified organizations. Eligible startups must meet certain conditions as outlined in the grant description.

• Startups must be legally constituted according to federal or Quebec laws and registered in the Quebec enterprise register.
• They must have their headquarters in Quebec and employ staff or contractors primarily based in Quebec.
• They should not be more than 50% owned by existing businesses or organizations.
• The startups should be incorporated for five years or less.
• They must have the rights to use the intellectual property of their product, process, or service.
• The startups must currently receive or plan to receive backing from a business incubator or accelerator.
• They should dedicate a significant portion of their resources (50% or more) to company development from product, process, or service design through to market launch.

Who is not eligible

This grant opportunity excludes certain companies based on their ownership, financial status, or compliance history. Only companies meeting specific criteria are eligible to ensure the alignment of the projects with the grant's objectives.

• Companies owned 50% or more by existing businesses or entities.
• Companies controlled directly or indirectly by a government (provincial or federal), a municipal entity, or a majority-owned state enterprise.
• Businesses under the protection of the Companies' Creditors Arrangement Act or the Bankruptcy and Insolvency Act.
• Companies listed in the register of businesses ineligible for public contracts.
• Companies that have defaulted on meeting their obligations related to prior financial aid from the Ministry in the past two years.

Eligible expenses

This grant is designed to support startups in addressing key development and growth challenges by leveraging research and innovation. Eligible projects include technological innovations that originate from the startup's core product or service, as well as organizational innovations targeting internal growth challenges.

• Technological innovation projects related to the startup's core products or services.
• Organizational innovation projects addressing growth challenges such as personnel or company structure.

Eligible geographic areas

This grant is specifically available to companies that are legally incorporated and have their headquarters in Québec, Canada. The focus on this geographical area supports the local ecosystem for technological innovation and economic growth.

• Companies headquartered in Québec, Canada.

Here are additional relevant details for this grant:

• The downloadable forms for application need to be accessed using Adobe Reader version 10 or later due to advanced features not supported by other PDF viewers.
• Applications must be submitted electronically in PDF or Word format by the specified deadline, with no extensions granted.
• The grant does not allow for more than a 50% reimbursement of eligible project expenses and total government aid must not exceed 75% of total eligible project expenses.