SIPEM program - Part 2: Technological projects
QC, Canada
PROMPT's SIPEM program - Soutien à l'Innovation pour la Productivité des Entreprises Manufacturières - supports customized technological innovation projects to accelerate the productivity of Quebec manufacturing companies.
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grant_single|eligibleFinancing
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- grant_single|projectCostPercent
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- grant_single|timelineUnspecified
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)
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The Soutien à l'Innovation pour la Productivité des Entreprises Manufacturières (SIPEM) program in Quebec aims to support technological innovation projects tailored to accelerating the productivity of manufacturing companies and related service businesses. It includes two components: the development of technological specifications and the execution of technological projects. Eligible activities involve identifying and prioritizing R&D projects applying digital data technologies to enhance productivity, among other criteria.
grant_single_labels|projects
Supports Quebec companies in developing the solutions they need to achieve their targeted productivity levels, through :
- Implementing innovative microelectronics and/or software solutions for capturing, transmitting, using and managing data;
- In-house development of these customized solutions, or in collaboration with subcontractors in the business support ecosystem, such as :
- Quebec-based technology development companies ;
- College technology transfer centers
- Private research centers;
- University centers.
grant_single|admissibleProjectsExample
$300,000
Sherbrooke
Development of an IoT-based system to optimize manufacturing processes.
$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.
$350,000
Montreal
Introduction of robotic automation in the assembly line to increase efficiency.
$200,000
Quebec City
Upgrade to a cloud-based enterprise resource planning (ERP) system.
$280,000
Quebec City
Development of a predictive maintenance system using machine learning.
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_single_labels|criteria
The grant has 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 should focus on custom technological innovation to improve manufacturing productivity, with different funding caps and durations based on the size and nature of the enterprise.
- Applicants must have a digital optimization project requiring the development of a customized solution
grant_single_labels|register
Step 1: Fill in the application form on the grant website
Step 2: Submit required documents (technology specifications, project plan, etc.)
Step 3: Wait for evaluation and confirmation of project eligibility
Step 4: Finalize project details with grant advisors
Step 5: Implement project and meet performance and reporting requirements
grant_single_labels|otherInfo
- The SIPEM program is designed to support customized technological innovation projects aimed at accelerating the productivity of manufacturing companies in Quebec.
- Eligible companies include manufacturers, service companies to manufacturers, and social economy enterprises with a facility operating in Quebec for the production of goods and services, or for in-house research and development activities.
- The program has two components: Technological specifications and Technological project implementation.
- The maximum duration of the program is 2 years for Technological Project Development.
- The program offers financial assistance of up to 50% of the fees presented in the pre-approved service proposal, to a maximum value of $10,000 for the Technological Specifications, and up to $200,000 per project for SMEs and $500,000 for large corporations for the Technological Project Development.
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.
