Innovation in Quantum Technologies — Stream 4
QC, Canada
Funding for collaborative innovation projects of two or more SMEs (or one SME and one startup)
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|closingDateMay 30, 2024
- grant_single|grantStatusClosed
grant_single|financingType
Grant and Funding
Wage Subsidies And Interns
grant_single|eligibleIndustries
- Information and cultural industries
- Professional, scientific and technical 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
Get a maximum of $1 million to cover up to 50% of eligible costs for projects that showcase collaborative research in quantum technologies involving two or more SMEs (or one SME and one startup). This group of companies must share the costs, benefits and
grant_single_labels|projects
This grant is focused on supporting collaborative research in quantum technologies within Quebec, Canada. The eligible geographical areas align with the initiatives prioritized by Quebec's economic and innovation sectors.
- Companies located in the province of Quebec, Canada.
grant_single|admissibleProjectsExample
$450,000
Quantum materials research to develop high-efficiency batteries
$350,000
Building a quantum sensor for medical imaging improvements
$425,000
Quantum cybersecurity measures for financial technology applications
$450,000
Quantum tech for enhancing autonomous vehicle navigation systems
$450,000
Quantum computing infrastructure for weather prediction accuracy
$475,000
Development of a quantum computation algorithm for optimizing logistic processes
grant_single_labels|admissibility
Eligibility for this grant is determined by specific requirements related to the collaboration and project scope.
- The project must involve collaborative research in quantum technologies.
- At least two businesses must participate in the project, including at least one SME (Small and Medium-sized Enterprise) or startup.
- The collaborating companies must share the costs, benefits, and intellectual property of the innovation project.
- Projects must be submitted to the PRIMA or Prompt research and innovation cluster in Quebec.
grant_eligibility_criteria|who_can_apply
To apply for the "Appel de projets d’innovation en technologies quantiques" grant, the eligible companies are those that involve at least two companies in collaborative research in quantum technologies, including at least one small or medium-sized enterprise (PME) or a startup. These companies must share the costs, benefits, and intellectual property of the innovation project.
grant_eligibility_criteria|eligible_expenses
This grant supports collaborative innovation projects in quantum technologies. It aims to encourage partnerships between companies to share costs, benefits, and intellectual property in this field.
- Collaborative research in quantum technologies involving at least two companies.
grant_single_labels|criteria
Here is a summary of the evaluation and selection criteria for the "Appel de projets d’innovation en technologies quantiques" grant:
- Project alignment with objectives and criteria
- Quality and feasibility of the project
- Expertise and experience of the partners
- Contribution to innovation and competitiveness
- Economic and social benefits
grant_single_labels|register
- Step 1: Preliminary Registration
- Contact the Direction de la recherche collaborative – Québec Quantique at the Ministry of Economy, Innovation and Energy for guidance on registration.
- Provide organizational information and express interest in the grant.
- Step 2: Partner Identification and Collaboration Agreement
- Identify and engage with at least one other company, ensuring that at least one is a small or medium-sized enterprise (SME) or startup.
- Formulate a collaboration agreement outlining the distribution of costs, benefits, and intellectual property amongst the partners.
- Step 3: Project Proposal Development
- Prepare a comprehensive project proposal highlighting the objectives, research plan, and anticipated impact of the quantum technology innovation.
- Include a detailed budget and timeline for the project duration of up to 3 years.
- Obtain letters of support from partners and stakeholders.
- Step 4: Application Submission
- Submit the completed application to the Pôle de recherche et d’innovation en matériaux avancés au Québec (PRIMA) or Prompt.
- Ensure all required documentation, including the project proposal and collaboration agreements, are included.
- Adhere to the deadline of May 30, 2024.
- Step 5: Follow-up and Confirmation
- Receive confirmation of application receipt from the respective research and innovation hub.
- Maintain communication for any follow-up or additional information requests.
grant_single_labels|otherInfo
Here are additional relevant details for this grant:
- The grant requires a collaborative approach, ensuring shared ownership of project outcomes among partners.
- Projects must be submitted to specific research bodies like PRIMA or Prompt for consideration.
- A maximum assistance cap is set at $1,000,000 per project, with a 50% rate on eligible expenses.
- Cumulative government aid must not exceed 75% of the total project expenses.
Apply to this program
Driving Quantum Innovation Through Collaborative Projects
This grant encourages collaborations among businesses to advance quantum technology innovations. By supporting projects that combine resources and expertise, it aims to drive growth and innovation in this cutting-edge field.
In-Depth Insight into the Quantum Innovation Grant
The Quantum Innovation Grant is tailored to foster collaborative research in quantum technologies by incentivizing partnerships between businesses, notably including small and medium-sized enterprises (SMEs) and startups. This initiative is intended to unlock the potential of quantum technologies by ensuring that projects benefit from a diverse mix of perspectives, capabilities, and shared objectives. With up to $1 million in funding available per project, this grant is a substantial opportunity for forward-thinking enterprises ready to push the boundaries of knowledge and innovation in quantum technologies.
Given the nascent yet revolutionary nature of quantum technologies, projects under this grant are expected to be transformative. They hold the promise to significantly impact various industries, from computing and cryptography to materials science and pharmaceuticals. By enabling businesses to collaborate and share the risks, benefits, and intellectual property, the grant underscores the importance of multi-disciplinary approaches and collective innovation. The collaboration requirement ensures that the knowledge is pooled not only to tackle current challenges but to anticipate and shape the future demands of industry and society.
Applicants are expected to provide a comprehensive project plan, outlining their strategic objectives, anticipated outcomes, and the collaborative framework. This emphasizes strategic alignment and operational synergy across the participating entities. The grant also mandates that projects be submitted through established research networks like PRIMA or Prompt, which are renowned for anchoring technological advancements in Quebec.
By focusing on technology transfer and valorization of research, the initiative aims to bridge the gap between theoretical research and its practical application. The funding covers up to 50% of eligible expenses, which allows enterprises to channel their resources into scaling projects beyond their initial phases, while government support may cover up to 75% in total, enhancing the liquidity and financial viability of groundbreaking initiatives.
Reinforcing its commitment to fostering innovation across sectors, the Quantum Innovation Grant not only supports the traditional realms of research but also ensures that the business and economic aspects are adequately addressed and nurtured. This creates a symbiosis between technological evolution and commercial exploitation, aiming to position Quebec as a leader in the burgeoning field of quantum technologies.
This grant represents a strategic nexus between academia and industry, encouraging the flow of ideas and technology across boundaries that have historically been siloed. By engaging with this grant, companies have the chance to expand their horizons and enter new markets, potentially transforming the landscape of technology and innovation, and paving the way for future economic prosperity and societal benefits.
