SIPEM program - Part 2: Technological projects
QC, Canada
This initiative enhances company productivity through tailored technological innovation projects amidst a supportive local ecosystem
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|openingDateJuly 04, 2023
- grant_single|closingDateSeptember 30, 2024
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- Manufacturing
- Professional, scientific and technical services
- Educational services
grant_single|grantors
- PROMPT
- Ministère de l'économie, de l'innovation et de l'énergie du Québec (MEIE)
grant_single|status
grant_card_status|open
grant_single_labels|preview
The SIPEM program provides financial support to Quebec manufacturing businesses and service providers to enhance business productivity through customized technological innovation projects, with a maximum funding amount of $200,000 for SMEs and $500,000 for large enterprises. Eligible activities include developing innovative data technology solutions that maximize production chain operations and create intellectual property for potential commercialization.
grant_single_labels|projects
The grant supports innovation projects tailored to enhance the productivity of Quebec manufacturing firms and service companies that support this sector. Eligible activities focus on technological solutions and project development facilitated by experts.
- Identification and prioritization of R&D projects applied to digital, physical, and software data technologies to improve productivity.
- Development of custom technological solutions to achieve targeted productivity levels.
- Implementation of innovative microelectronic and software solutions for data capture, transmission, usage, and management.
- Internal development or collaboration with Quebec technology development companies and research centers.
- Support for creating proprietary innovations that businesses can commercialize.
grant_single|admissibleProjectsExample
$280,000
Quebec City
Development of a predictive maintenance system using machine learning
$300,000
Sherbrooke
Development of an IoT-based system to optimize manufacturing processes
$350,000
Montreal
Introduction of robotic automation in the assembly line to increase efficiency
$200,000
Laval
Implementation of AI algorithms to improve supply chain logistics
$220,000
Trois-Rivières
Development of a custom software solution to enhance production tracking and reporting
$200,000
Quebec City
Upgrade to a cloud-based enterprise resource planning (ERP) system
grant_single_labels|admissibility
To qualify as a principal applicant, the company must meet the following criteria:
- Be legally incorporated under federal or Quebec law and registered with the Quebec Enterprise Registrar;
- Be more than 50% Quebec-owned and have its head office in Quebec;
- Have previously completed a digital turnaround plan, or productivity optimization plan, or technological specifications, or any standardized technological project analysis.
grant_eligibility_criteria|who_can_apply
The types of companies eligible for this subsidy are :
- Manufacturing companies and companies providing services to manufacturing companies with sales of $5 million or more.
- Social economy companies as defined by the Social Economy Act.
- Companies with an establishment operating in Quebec for the production of goods and services or for internal research and development activities.
grant_eligibility_criteria|eligible_expenses
Eligible expenses for this grant are :
- PROMPT management fees
- Remuneration of independent experts for technological projects
- Acquisition of specific equipment or technologies for the project
- Research and development costs related to the technology project
- Production costs for prototypes or technology trials
grant_eligibility_criteria|zone
Companies eligible for this grant must be legally constituted under the laws of Québec or Canada and must have an establishment operating in Québec. This specifically targets the province of Québec within Canada.
- Québec, Canada
grant_single_labels|criteria
The grant includes evaluation and selection criteria. :
- The applicant must be a legally constituted entity based in Quebec with at least 50% Quebec ownership and meet specific eligibility criteria.
- Project criteria: Projects must focus on customized technological innovation to improve manufacturing productivity. Funding ceilings and durations vary according to the size and nature of the company.
- Applicants must have a digital optimisation project requiring the development of a customised solution.
grant_single_labels|register
Step 1: Identify Opportunities
- Consult experts to identify technological data project opportunities through a Cahier de charges technologique.
- Get expert guidance to define and prioritize R&D projects focused on digital and physical technologies.
Step 2: Prepare Application
- Ensure your project aligns with the objectives and eligibility requirements outlined by the grant program.
- Gather all necessary documentation and forms required for the application.
- Complete the Cahier de charges technologique and compile findings and recommendations.
Step 3: Submit Application
- Submit the completed Cahier de Charges Technologique and any other relevant documentation to PROMPT.
- Ensure submission before the given deadline of September 30, 2024 for the Cahier de charges technologique or until funds are exhausted for project realization.
grant_single_labels|otherInfo
Additional information to consider for the grant applicant includes details regarding program benefits and requirements for reporting and claim submissions.
- Program benefits include expert guidance to identify bespoke solutions that improve productivity and derisk development projects.
- The financial support for projects is conditional on the successful completion of defined milestones as specified in the funding agreement.
- All claims for expense reimbursements, as well as interim and final project reports, must be submitted no later than December 30, 2025.
- Applicable taxes are excluded from the financial assistance provided and must be accounted for separately.
- No advance payments will be given; funds are reimbursed based on the proof of expenses and completion of project milestones.
Apply to this program
Summary of the SIPEM Grant
The SIPEM (Soutien à l’Innovation pour la Productivité des Entreprises Manufacturières) grant by PROMPT supports technological innovation projects aimed at enhancing productivity in Quebec's manufacturing sector. The program offers financial assistance for both technological requirement specifications and project implementation to improve manufacturing efficiency and competitiveness.
Detailed Overview of the SIPEM Grant
The SIPEM (Soutien à l’Innovation pour la Productivité des Entreprises Manufacturières) program, initiated by PROMPT, is a comprehensive funding initiative targeting the enhancement of technological innovation within Quebec's manufacturing sector. This program is meticulously designed to support businesses in their journey toward heightened productivity through technological advancements. Below, we provide a detailed explanation of the program's structure, objectives, eligibility criteria, and application process.
Program Structure
The SIPEM grant is divided into two main components:
- Cahier de Charges Technologiques: This aspect of the program focuses on helping companies identify technological opportunities through a detailed requirements specification process known as the Cahier de Charges Technologique. This process involves experts who are pre-qualified to define critical technological projects. The aim is to pinpoint and prioritize R&D projects that leverage digital, physical, and software technologies to enhance productivity.
- Réalisation de Projet Technologique: This component supports the execution of technological projects that companies have identified as crucial for achieving targeted productivity levels. This includes the implementation of innovative solutions in areas such as microelectronics and software for data capture, transmission, utilization, and management, either internally developed or in collaboration with the supporting ecosystem.
Objectives of the SIPEM Grant
The primary objectives of the SIPEM grant include:
- Enhancing Productivity: Enable businesses to discover and implement tailored technological solutions that address specific productivity challenges.
- Expertise Utilization: Provide access to independent, pre-qualified experts to help mitigate risks and accurately define technological development projects.
- Innovation Support: Facilitate the adoption of cutting-edge technological solutions that streamline manufacturing processes.
- Ecosystem Development: Foster the growth of a local ecosystem that supports manufacturing productivity through technological innovation.
- Commercialization Potential: Encourage the development of intellectual property with potential commercial value.
Eligibility Criteria
The SIPEM grant has specific eligibility requirements for applicants:
- Legal Constitution: Applicants must be legally constituted under Quebec or federal Canadian laws and have an operational establishment in Quebec.
- Business Types: Eligible applicants include manufacturing companies, groups of companies, and social economy enterprises as defined by Quebec law.
- Annual Revenue: Applicants must have an annual revenue of at least $5 million.
- Technological Preparedness: For the project implementation component, applicants must have completed a digital transformation plan, productivity optimization plan, technological requirement specification, or similar standardized project analysis.
Financial Assistance
Details about financial support provided under the SIPEM grant include:
Cahier de Charges Technologiques
- Maximum Duration: 120 days.
- Opening Date: The program has been open since July 4, 2023.
- Application Deadline: Applications are accepted until September 30, 2024.
- Management Fees: 5% of PROMPT’s contribution, up to a maximum of $500.
- Max Financial Aid: 50% of the pre-approved service offer fees, up to a maximum of $10,000.
Réalisation de Projet Technologique
- Maximum Duration: 2 years.
- Opening Date: The program has been open since July 4, 2023.
- Application Deadline: Open until funds are exhausted.
- Management Fees: 5% of the project value, up to a maximum of $50,000.
- Max Financial Aid for SMEs: $200,000 per project.
- Max Financial Aid for Large Enterprises: $500,000 per project.
Application Process
Businesses interested in the SIPEM grant must follow these steps:
- Contact PROMPT: Initiate contact with PROMPT by filling out the contact form on the official website to get guidance from a dedicated advisor.
- Prepare Detailed Proposals: Work with pre-qualified experts to create a comprehensive technological requirement specification document if applying for the Cahier de Charges Technologiques component.
- Submit Applications: Ensure all relevant documents, including service offers and proof of payments, are ready and submit the application before the specified deadlines.
- Claim Process: Submit claims for expense reimbursements and interim and final project reports by December 30, 2025.
Benefits of the SIPEM Grant
The SIPEM grant offers several key benefits to Quebec's manufacturing sector:
- Financial Support: Provides significant financial aid, reducing the financial burden on businesses and enabling them to invest in necessary technological advancements.
- Expert Guidance: Access to expert guidance ensures that businesses can appropriately define and implement technological projects, minimizing risks and maximizing benefits.
- Ecosystem Growth: Promotes collaboration within the local ecosystem, including technology developers and academic research centers, enhancing overall technological capabilities.
- Productivity Enhancement: Targeted technological solutions help increase productivity and streamline operations, leading to improved competitiveness.
- Commercial Potential: Encourages the creation of intellectual property that businesses can potentially commercialize, opening up new revenue streams.
Conclusion
In summary, the SIPEM grant by PROMPT represents a vital initiative for Quebec's manufacturing sector, dedicated to fostering technological innovation and enhancing productivity. By providing substantial financial assistance and access to expert guidance, the program aids businesses in identifying and implementing cutting-edge solutions tailored to their specific needs. Companies that qualify should take full advantage of this opportunity to enhance their operations, contribute to the local ecosystem's growth, and potentially commercialize new technologies.
