PARTENAR-IA — INNOVÉÉ — Industry
At a glance
- Max. $150,000
- 50% of project cost
- Open Date : August 11, 2023
- Closing date : April 15, 2024
- All industries
- InnovÉÉ
Overview
Eligibility criteria
The eligibility criteria for this grant program are as follows:
- SMEs, large companies, and public research centers in all sectors of activity with an establishment in Quebec are eligible.
- Eligible projects must involve collaborative product or process innovation projects with AI, show innovation and commercial potential, involve technological/business risk, require R&D efforts, and hire at least one intern per eligible partner.
- A minimum of 20% of the project's expenses must come from a public research center service or trainee linked to such a center, and companies must share costs, benefits, and intellectual property.
- Companies must demonstrate good financial structure, management quality, staff capabilities, and potential for improved competitiveness and profitability.
Who is eligible
Eligible companies for this grant include SMEs, large companies (250 employees and more), and public research centers in all sectors of activity, with an establishment in Quebec.
- SMEs
- Large companies (250 employees and more)
- Public research centers
Who is not eligible
There are specific types of companies that are not eligible for this grant.
- Companies not legally constituted under applicable federal or Quebec law
- Companies with more than 250 employees
- Companies with an asset value exceeding $50 million
Eligible expenses
There are eligible expenses for this grant:
- Research and development efforts
- Hiring of trainees linked to a public research center
- Development of new products or processes
- Significant improvement of existing products or processes
- Technological and/or business risk projects
Eligible projects & activities
There are eligible projects for this grant. The aim is to support companies in developing and commercializing artificial intelligence technologies to improve competitiveness and drive innovation. Eligible projects include:
- Collaborative product or process innovation projects involving AI
- Projects demonstrating significant improvement or development of new products or processes
- Projects that offer a decisive advantage over existing solutions
- Projects with technological or business risks
- Projects requiring research and development efforts
- Projects showing commercial potential
- Projects involving hiring at least one trainee per year
- Projects with a minimum of 20% of expenses from a public research center or linked trainee
- Projects where companies share costs, benefits, and intellectual property
Evaluation & selection criteria
The grant has evaluation and selection criteria. Here is a summary and the criteria:
- Projects must demonstrate a decisive advantage over existing solutions and involve technological and/or business risk for the company.
- Companies must show strong financial structure, management quality, and potential for improving competitiveness.
- The project should involve collaborative innovation, hiring of at least one trainee per partner company, and a minimum of 20% of expenses linked to a public research center.
- Commercial potential and immediate economic benefits are also key criteria.
How to apply
- Step 1: Review the eligibility criteria and objectives of the grant program
- Step 2: Prepare a detailed project proposal outlining the AI innovation project
- Step 3: Ensure a minimum of 25% private contributions towards eligible expenses
- Step 4: Form a consortium with other eligible Quebec companies if required
- Step 5: Submit the application with all required documentation before the deadline
Additional information
Additional information for applicants:
- Companies must maintain their head office in Quebec throughout the project's duration.
- Applicants must demonstrate a clear strategic plan for the integration of AI technologies into their business operations.
Grant Summary
This grant opportunity offered by the Government of Quebec aims to accelerate the adoption of artificial intelligence technologies in Quebec businesses, particularly SMEs and startups. Companies can receive funding of up to $1.5 million per project to develop and commercialize AI solutions, with a focus on improving competitiveness and driving innovation in various sectors.
Grant Detailed Description
Accelerating the Transition of Companies Towards the Adoption of AI is a funding initiative by the Government of Quebec to support Quebec businesses in implementing artificial intelligence technologies. The program offers financial assistance to companies, specifically SMEs and startups, for innovation projects related to AI development and commercialization. The aim is to enhance the competitiveness and efficiency of participating companies by leveraging the power of AI.
Key Objectives of the Grant:
- Improve the competitiveness of businesses through the adoption of AI.
- Encourage collaboration between companies and research centers to accelerate AI integration.
- Support projects aimed at mass adoption of AI in various economic sectors.
- Promote immediate economic benefits and innovation in the AI field.
- Position Quebec as a leader in AI development.
Eligibility Criteria:
- Open to SMEs, large companies, and public research centers in Quebec across all sectors.
- Consortiums of Quebec companies with at least one SME or high-growth company are eligible.
- Projects must involve collaborative innovation in AI, with a focus on new product development or process improvement.
- Companies must demonstrate financial stability, innovation potential, and commitment to project objectives.
Programs and Support Services:
- Offering programs like PARTNER-AI Academic and Enterprise to assist companies in AI adoption.
- Access to equipment, networking opportunities with partners, and additional funding support.
- Providing project preparation assistance, webinars, and networking activities to facilitate AI projects.
Overall, this grant initiative serves as a strategic opportunity for Quebec businesses to embrace AI technologies, drive innovation, and enhance their competitive edge in the evolving digital landscape.
