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Innovation in Quantum Technologies — Stream 3
QC, Canada
Money for collaborative projects in partnership with public research centres
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|closingDateApril 15, 2025
- grant_single|grantStatusClosed
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- Agriculture, forestry, fishing and hunting
- Mining, quarrying, and oil and gas extraction
- Construction
- Manufacturing
- Health care and social assistance
grant_single|grantors
- Gouvernement du Québec
- Ministère de l'économie, de l'innovation et de l'énergie du Québec (MEIE)
grant_single|status
grant_card_status|closed
grant_single_labels|preview
Funding for SMEs that have collaborative research projects in quantum technologies with an eligible public research centre (formerly a member of QuébecInnove).
grant_single_labels|terms_and_conditions
This grant offers well-defined financial support aimed at maximizing impact in the fields of artificial intelligence and quantum technologies. It provides structured financial assistance tailored to various organizational sizes and collaborative settings.
- Maximum financial aid of up to $1,500,000 per project for a duration of up to 24 months.
- Financial assistance covering up to 35% of eligible expenses for SMEs and large companies, and up to 50% for startups.
- An increased aid level of 50% for any company incurring costs that involve at least 20% of eligible expenses through a qualified public research center or accessing quantum computing resources from specified providers.
- Individual partners in a project are limited to receiving no more than 80% of the total granted subsidy.
- Eligible public funding may comprise up to 75% of total admissible project expenses, which includes tax incentives related to scientific research and experimental development.
- Private contributions must equate to at least 25% of the eligible project expenses.
grant_single_labels|projects
Eligible projects under this grant focus on creating innovative solutions that utilize quantum technologies from planning through to real-world demonstration. These projects should demonstrate significant potential economic impacts in the short term.
- Development of new solutions using quantum technologies or significant improvement of existing ones, demonstrating a competitive advantage nationally or internationally.
- Projects that involve technological or business risks, necessitating research and development efforts.
- Solutions that exhibit commercial potential when intended for sale.
- Integration of sustainable development principles as per the relevant legislation.
grant_single|admissibleProjectsExample
$ 900,000
Research in quantum encryption technology with collaboration from McGill University
$ 1,000,000
Quantum AI algorithms for climate modeling in partnership with a university
$ 1,000,000
Quantum sensing technology development for medical imaging with Université Laval
$ 1,000,000
Quantum computing optimization for financial algorithms with Université de Sherbrooke
grant_single_labels|admissibility
Eligibility for this grant is determined by specific requirements related to the type of businesses involved, their registration status, and operational criteria.
- Businesses must be legally constituted according to federal or Quebec laws and registered with the Quebec Enterprise Register.
- Must have their head office in Quebec and employees or subcontractors working primarily in Quebec.
- Must have 250 employees or fewer in Quebec and possess the rights to the intellectual property of their product, process, or service.
- Must not be 50% or more owned by other existing companies or organizations.
- Cannot have been created through consolidation, restructuring, extension, or resumption of pre-existing activities.
- The business should be led by founders, with at least one founder dedicated full-time, and hold operational premises in Quebec for R&D or production activities.
- Net assets must be under CAD 50 million and should significantly focus resources on business development, from product conception and development to marketing.
- Startups must have the backing of an eligible incubator or accelerator at the time of application.
- Consortium projects should be managed by an industrial research sector group (RSRI), except for projects under the Confiance IA initiative.
- Projects in quantum technologies must be submitted electronically through PRIMA Québec or PROMPT.
grant_eligibility_criteria|who_can_apply
Eligible applicants for this grant are consortia of Quebec-based companies and cooperatives, which must include at least one SME or a high-growth potential business.Startups:- Must be legally incorporated according to federal or Quebec laws and registered in the Quebec Enterprise Register.- Headquarters and main operations in Quebec with employees or subcontractors primarily working in Quebec.- Must have 250 employees or fewer in Quebec.- Cannot be more than 50% owned by other businesses or organizations.- Not formed through concentration, restructuring, extension of existing activities or the restart of such activities.- Led by a founder or a founding team, with at least one member fully dedicated to the business.- Must own the intellectual property rights of their product, process, or service.- Must receive support from an eligible business incubator or accelerator at the time of application.- Must have a facility in Quebec dedicated to the production of goods and services or internal R&D activities.- Must have assets of less than 50 million dollars and dedicate substantial resources to business development and commercialization.PMEs:- Must be legally incorporated according to federal or Quebec laws and registered in the Quebec Enterprise Register.- Headquarters and main operations in Quebec with employees or subcontractors primarily working in Quebec.- Must have 250 employees or fewer in Quebec.- Cannot be more than 50% owned by other businesses or organizations.- Must have a facility in Quebec dedicated to the production of goods and services or internal R&D activities.- Must own the intellectual property rights of their product, process, or service.- Global assets must be less than 50 million dollars in the previous fiscal year.Large Enterprises:- Must be legally incorporated according to federal or Quebec laws and registered in the Quebec Enterprise Register.- Headquarters and main operations in Quebec with employees or subcontractors primarily working in Quebec.- Must have a facility in Quebec dedicated to the production of goods and services or internal R&D activities.Projects must involve development of AI or quantum technology solutions with potential for short-term economic benefits, demonstrating significant innovation and requiring R&D efforts, and show commercial potential if applicable.
grant_eligibility_criteria|who_cannot_apply
This grant is designed with specific eligibility criteria primarily directed at innovation and research in AI and quantum technologies. However, certain entities may not qualify based on their status and activities related to the firm's establishment or ownership structures.
- Companies that are 50% or more owned by other existing companies or organizations.
- Businesses created as a result of a merger, restructuring, expansion, or resumption of previous activities.
grant_eligibility_criteria|eligible_expenses
The grant outlines specific requirements for financial contributions towards the project.
- Expenses incurred by an eligible public research center if they constitute at least 20% of the project's eligible expenses.
- Expenses for accessing quantum computing resources such as PINQ2, Calcul Québec, and DistriQ.
grant_eligibility_criteria|zone
This grant is available to companies that have their headquarters and operational activities primarily based in the considered eligible area, specifically targeted to enhance local economic impact and innovation initiatives.
- Companies legally constituted and registered in Québec.
grant_single_labels|criteria
The evaluation and selection criteria for projects under this grant based on the provided context have not been explicitly mentioned.
grant_single_labels|register
Here are the steps to submit an application for this grant:
- Step 1: Review Guidelines
- Download and review the call for projects guide to understand the requirements and expectations.
- Step 2: Prepare Application
- Complete the financial assistance application form ensuring all sections are filled out accurately.
- Gather all necessary supporting documents required by the call for projects.
- Step 3: Submit Application
- Send a single electronic version of the completed application and required documents to the relevant RSRI of your sector.
- Ensure submission is completed before the deadline of April 15, 2025, at 16:00.
- For projects under the Confiance IA initiative, submit directly to equipe.ia@economie.gouv.qc.ca.
- For quantum technology projects, submit electronically to PRIMA Québec or PROMPT.
grant_single_labels|otherInfo
Here are additional relevant details for this grant:
- The financial assistance provided by the grant cannot exceed CAD 1,500,000 per project for a maximum duration of 24 months.
- The financial aid for expenditures by startups can be as high as 50% of eligible expenses, whereas for SMEs and large companies, the limit is 35%.
- If certain conditions are met, the financial aid rate can be increased to 50% regardless of the size of the enterprise.
- The maximum public funding can reach up to 75% of total eligible project expenses, provided there is also a minimum of 25% private funding.
- Individual partners within a project cannot receive more than 80% of the total grant amount.
