Research Consortium Tax Credit
At a glance
- 80% of project cost
- Open Date : November 14, 2019
- Mining, quarrying, and oil and gas extraction
- Utilities
- Manufacturing
- Professional, scientific and technical services
- Management of companies and enterprises
- Administrative and support, waste management and remediation services
- Gouvernement du Québec
- Ministère de l'Économie et de l'Innovation
Overview
Eligibility criteria
The eligibility criteria for the grant related to the recognition of eligible research consortia include the following requirements: 1. The organization must have a sufficient number of members representing a specific sector of activity. 2. Public or parapublic organizations in the sector of activity should not constitute the majority of members or provide the majority of funding. 3. The association agreement of the members must obligate the annual establishment of a research program accessible to all members. 4. The consortium must conduct research and development activities in Quebec that are generic and not immediately marketable. 5. The research results should have potential applications in various industrial sectors or products commercially different for members. 6. The consortium must have the necessary resources, facilities, and equipment to carry out research and development in Quebec. If these criteria are met, the organization can apply for recognition as an eligible research consortium.
Who is eligible
The following types of companies are eligible for the grant: - Centre de recherche, de développement et de transfert technologique acéricole inc. (ACER) - Centre de recherche sur les grains inc. (CEROM) - Consortium de recherche en exploration minérale (CONSOREM) - Consortium de recherche appliquée en traitement et transformation des substances minérales (COREM) - FP Innovations
Eligible expenses
- Expenses related to scientific research and experimental development (R&D) activities within the scope of the member's field of activity in Quebec - Costs associated with subcontracting R&D work to a recognized research consortium, amounting to 80% of the contract value - Membership fees and dues paid to the eligible research consortium by a taxpayer operating a business in Canada
Eligible projects & activities
The grant supports activities undertaken by research consortiums in Quebec. Eligible projects and activities may include: - Research and development initiatives in pre-competitive areas - Collaborative projects focusing on generic research in specific sectors - Cost-sharing arrangements for large-scale R&D projects - Utilization of specialized resources and equipment for problem-solving - Strengthening technological capabilities in competitive industries If there are no specific projects or activities outlined for this grant, the answer is "nothing."
Evaluation & selection criteria
- The number of members and their financial contributions should be sufficiently representative of a sector of activity - Public or parapublic organizations operating in the sector should not constitute the majority of members or provide the majority of funding - The association agreement of the members should include the obligation to annually establish a research program that addresses the scientific and technological interests of members and ensures accessibility and usability of research results - The consortium should have a mission to conduct scientific research and experimental development (R&D) in Quebec that is generic and not immediately commercializable - Research results should have potential applications in various industrial sectors and commercially different products - The consortium should have employees with the required skills and facilities to carry out R&D in Quebec
Additional information
- The research conducted by the consortium must be precompetitive, focusing on basic or applied research that may include some development phase. Results are not immediately marketable but serve as a foundation for creating new products and processes. - The consortium's research activities should have the potential for applications across various industrial sectors or commercially distinct products developed later by each member according to their specific needs. - Failure to inform the Ministry of any changes in the consortium may lead to the revocation of its recognition. - Only one consortium per sector can be recognized by the Ministry. If you need more specific details or further clarification on any of these points, feel free to ask.
Grant Summary
This grant aims to support scientific research in the field of sustainable agriculture and environmental preservation.
Understanding the Importance of Sustainable Agriculture
Sustainable agriculture is crucial for ensuring the long-term health of our planet and meeting the food needs of a growing global population. This grant provides funding for projects that focus on innovative agricultural practices, resource conservation, and reducing environmental impact.
Researchers can explore topics such as organic farming, crop diversification, soil health improvement, water management, and climate change resilience in agriculture. By promoting sustainable practices, this grant contributes to the goal of achieving food security while preserving the natural environment.
Furthermore, the grant encourages collaboration between scientists, farmers, policymakers, and other stakeholders to promote knowledge sharing and the adoption of sustainable agricultural practices on a larger scale. By investing in research and education in sustainable agriculture, we pave the way for a more resilient and environmentally friendly food system for future generations.
Through this grant, scientists have the opportunity to address pressing challenges in agriculture, such as soil degradation, water scarcity, pesticide pollution, and biodiversity loss. By integrating cutting-edge technologies and traditional ecological knowledge, researchers can develop holistic solutions that benefit both the environment and agricultural productivity.
Moreover, the grant supports capacity-building initiatives, training programs, and outreach activities to empower local communities and farmers with the tools and knowledge needed to transition towards sustainable agricultural practices. By investing in education and training, we ensure that sustainable agriculture becomes a mainstream approach to farming, leading to improved livelihoods and ecosystem health.
In conclusion, this grant plays a vital role in promoting a sustainable future for agriculture by supporting research, innovation, and education in environmentally friendly farming practices. By funding projects that prioritize sustainability and resilience, we contribute to a more sustainable and food-secure world for present and future generations.
