Aero Montreal — StartAéro 360°

The StartAéro 360° program provides essential financial support mechanisms to assist SMEs in developing disruptive technologies within the aerospace sector. The modalities ensure comprehensive risk management and informed investment decisions.

• Financial support is available for the development of operational demonstrators.
• Funding assists SMEs during local and international business missions.

Eligibility for this grant is determined by specific requirements related to the applicant's profile and proposed activities.

• The applicant must be an SME engaged in developing aerospace technologies.
• The applicant should focus on the pre-commercialization stage of technology development.
• The company must be part of or seeking integration into Quebec's aerospace supply chain.
• The applicant must demonstrate a commitment to the commercialization of disruptive technologies.
• The company should be inclined towards participating in structured support programs and training for market opportunities.

Who is eligible?

Eligible applicants for this grant are focused on adopting disruptive technologies within the aerospace supply chain in Quebec and include technology companies, especially start-ups and SMEs aiming to integrate and commercialize their innovations in this sector.

• Technology companies developing aerospace solutions focused on commercialization.
• Start-ups and small to medium-sized enterprises (SMEs) in the aerospace supply chain.
• Organizations capable of demonstrating technological innovation with potential for disruption.
• SMEs that can provide a clear plan for the deployment of technology demonstrators.
• Companies that actively engage in networking and collaboration within the aerospace industry.

Eligible expenses

This grant supports activities focused on integrating and commercializing disruptive technologies within the Quebec aerospace supply chain. The projects aim to enhance innovation and facilitate the adoption of new technologies through structured support and financial assistance.

• Development and validation of technology demonstrators for pre-commercialization projects.
• Commercialization initiatives for innovative aerospace technologies.
• Networking and collaboration projects among aerospace supply chain stakeholders.
• Training and support programs focusing on business opportunity exploration in disruptive technologies.
• Local and international missions to showcase and commercialize innovative technologies.

Eligible geographic areas

This grant primarily targets SMEs within the aerospace industry. However, no specific geographical locations are mentioned for eligibility in this context.

There are evaluation and selection criteria for this grant. The criteria include:

• Relevance of the project to the aerospace supply chain transformation
• Technical innovation and disruptive potential
• Viability and scalability of the proposed technology
• Potential for commercialization and market adoption
• Alignment with the goals of StartAéro 360° program

Here are additional relevant details for this grant:

• Aerospace SMEs can leverage the program to enhance their competitive edge in a global market by embedding cutting-edge technologies.
• Customizable training and support plans are available to cater to the specific needs of the participating SMEs.
• The program encourages collaborations between SMEs and established aerospace players to facilitate technology transfer.
• Participants will have the opportunity to showcase their innovations at international aerospace events, potentially opening doors to new markets.
• Ongoing mentorship from industry veterans is provided to help guide strategic decisions during and post-commercialization phases.