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|closingDateMay 30, 2024
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- Manufacturing
- Professional, scientific and technical services
- Educational services
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|projects
This grant is targeted towards companies operating within the province of Quebec. The eligible locations focus on supporting regional innovation and collaboration.
- Enterprises conducting research and development or production activities in Quebec.
grant_single|admissibleProjectsExample
$900,000
Research in quantum encryption technology with collaboration from McGill University
$1,000,000
Quantum computing optimization for financial algorithms with Université de Sherbrooke
$1,000,000
Quantum sensing technology development for medical imaging with Université Laval
$1,000,000
Quantum AI algorithms for climate modeling in partnership with a university
grant_single_labels|admissibility
Eligibility for this grant is determined by specific requirements related to the company's size, location, and research partnerships.
- The company must be a PME (small and medium-sized enterprise) with 250 employees or less or a large enterprise with more than 250 employees.
- The company must conduct research and development (R&D) or have production activities in Quebec.
- The project must involve partnership with at least one Quebec-based university, a college technology transfer center (CCTT), or a public research center.
grant_eligibility_criteria|who_can_apply
This grant program is focused on supporting innovation projects in quantum technologies through collaborative efforts between eligible public research centers and companies in Quebec. The targeted participants are categorized based on their size, either as Small and Medium-sized Enterprises (SMEs) or large enterprises, with specific eligibility criteria for each category.
grant_eligibility_criteria|who_cannot_apply
Based on the grant context provided, there are no specific types of companies mentioned that are not eligible for the grant.
grant_eligibility_criteria|eligible_expenses
This grant supports projects that advance research in quantum technologies in collaboration with a public research center in Quebec. Eligible projects are categorized based on the size of the participating enterprises and their partnerships with educational or research institutions.
- Projects involving small to medium-sized enterprises (SMEs) with 250 employees or less, in partnership with a university, a college technology transfer center, or a public research center.
- Projects involving large enterprises with more than 250 employees, in collaboration with a university, a college technology transfer center, or a public research center.
grant_eligibility_criteria|zone
The eligible expenses for this grant pertain to costs directly associated with the research and innovation project in quantum technologies.
- Personnel costs for roles primarily focused on the project.
- Costs of equipment essential for conducting the research.
- Materials and supplies directly used in the project.
- Travel expenses necessary for project collaboration and research purposes.
- External consultancy or contractor fees required for the project.
grant_single_labels|criteria
There are evaluation and selection criteria for this grant. The evaluation and selection criteria are as follows:
- Evaluation based on the quality and feasibility of the project
- Strength of collaboration between industry and research center
- Potential economic benefits and innovation impact
- Technical expertise and skills of the project team
- Alignment with objectives of the call for projects
grant_single_labels|register
- Step 1: Verify Eligibility
- Ensure your project involves a partnership with an eligible public research center.
- Confirm your organization's size and activities align with the grant's requirements (PME or Grande Entreprise).
- Step 2: Gather Required Documentation
- Collect necessary financial documentation and project plans.
- Prepare a detailed budget outlining eligible expenditures.
- Step 3: Engage with Relevant Partners
- Formalize partnerships with universities, CCTTs, or public research centers.
- Secure letters of support or memorandums of understanding (MOUs) from involved partners.
- Step 4: Draft Project Proposal
- Detail the research methodology, objectives, and expected outcomes.
- Outline the roles and contributions of all partners.
- Step 5: Submit Application
- Submit the project proposal to PRIMA Quebec or Prompt.
- Ensure submission is completed by the deadline of May 30, 2024.
- Step 6: Confirmation of Submission
- Receive confirmation of submission from PRIMA or Prompt.
- Document the confirmation details for your records.
Apply to this program
Funding Innovation in Quantum Technologies
The call for projects aims to stimulate collaboration between SMEs or large enterprises in Quebec and public research centers in the field of quantum technologies. With a focus on advancing industrial research, it provides substantial financial support to projects fostering innovative breakthroughs.
In-Depth Exploration of the Quantum Technology Innovation Grant
In the rapidly advancing realm of quantum technologies, the Quebec government's initiative to blend industrial research with entrepreneurship is embodied in its targeted call for projects, which unfortunately concluded on May 30, 2024. This program is a pivotal opportunity for both small and medium-sized enterprises (SMEs) and large enterprises within Quebec. The funding mechanism is keenly designed to catalyze groundbreaking research and development (R&D) efforts by encouraging partnerships with public research institutions, including universities, college technology transfer centers (CCTTs), and other public research facilities.
Rooted in the core belief that advanced technologies can be the driving force for economic growth, this funding initiative not only assists businesses financially but also integrates them into collaborative ecosystems that accelerate innovation. The structured approach allows SMEs and larger enterprises to leverage public research capabilities, thereby fostering a synergistic environment for developing cutting-edge solutions in quantum technologies. Projects are evaluated based on their potential to contribute to both the technological advancements and economic impact within Quebec. By mandating collaboration, the call for projects ensures that even smaller companies, with less internal R&D capacity, can access state-of-the-art research resources and expertise.
The grant focuses explicitly on projects with a duration of up to three years, offering financial assistance of up to $1,000,000 per project. The assistance covers a significant portion of eligible expenses, with SMEs able to claim 40% of these costs and large enterprises able to claim 20%. This tiered support structure underscores the commitment to bolster SMEs, which are pivotal in achieving widespread industrial advancement in quantum tech sectors.
The maximum allowable combination of government assistance means that SMEs could potentially see up to 80% of their project costs covered when considering all public funds, a substantial encouragement toward innovation and risk-taking. For larger enterprises, this figure is capped at 60%, encouraging these entities to engage in projects with high potential for technology transfer and economic benefit.
This initiative aligns with broader provincial strategies to establish Quebec as a leader in technological innovation, particularly within emerging sectors such as quantum computing and its myriad applications. The selection criteria, although stringent, ensure that only projects that present substantial potential for technological breakthroughs and alignment with Quebec's strategic innovation objectives are funded. This process furthers the province's dedication to using public resources judiciously and effectively, aiding in the maturation of technological solutions that offer the greatest prospects for industrial application and economic growth.
The call for projects, managed through the Pôle de recherche et d’innovation en matériaux avancés au Québec (PRIMA) or Prompt, exemplifies a forward-thinking approach to economic development and innovation. It stands as a testament to the belief that with the right support, Quebec's businesses and research centers can collaboratively lead the charge in the global quantum technology race. Overall, this initiative is not just about funding; it’s about seeding a culture of innovation, collaboration, and strategic thinking that will ripple across industries in Quebec, creating long-term socio-economic advantages.
