Technology and Business Demonstration
At a glance
- Max. $500,000
- 75% of project cost
- Open Date : November 14, 2019
- All industries
- Gouvernement du Québec
- Hydro-Québec
Overview
Eligibility criteria
Who is eligible
There are eligible types of companies for this grant.
- Companies exploring proven, yet little-known, technologies in Québec
- Projects focusing on new technology, improvement of existing technology, or innovative business strategies
Who is not eligible
- Projects already submitted or accepted under any of Hydro-Québec’s energy efficiency programs
- Projects whose technology is at the R&D stage
- R&D or business start-up projects
- Projects aiming solely to advertise, promote, or market a project or technology
Eligible expenses
There are eligible expenses for this grant. The expenses include:
- Acquisition of technological and business data
- Demonstration of benefits and business relevance
Eligible projects & activities
There are eligible projects for this grant. Projects must explore proven, yet little-known technologies and focus on new technology use, improvement of existing technology, or adoption of innovative business strategies.
- Exploration of new technologies
- Improvement of existing technologies
- Adoption of innovative business strategies
Evaluation & selection criteria
There are evaluation and selection criteria for this grant. The evaluation criteria include Energy impact, Potential market penetration in Québec, Innovation and originality, Qualifications and contribution of the applicant, Quality of the application and relevance of the reference materials.
- Energy impact
- Potential market penetration in Québec
- Innovation and originality
- Qualifications and contribution of the applicant
- Quality of the application and relevance of the reference materials
How to apply
- Step 1: Review the eligibility requirements and program details in the Participant's Guide
- Step 2: Prepare a project outline including technological and business data for the demonstration project
- Step 3: Submit a request for financial assistance following the guidelines outlined in the Participant's Guide
- Step 4: Await review and evaluation of the project by the committee based on predefined criteria
- Step 5: If approved, sign a contract for the project and receive financial assistance up to a maximum of $500,000
Program: Hydro-Québec Technology and Business Demonstration Grant
Hydro-Québec's Technology and Business Demonstration Grant aims to support businesses in testing innovative energy-saving or power demand optimization measures. The grant offers financial assistance of up to 75% of the total project cost to explore proven technologies with market potential in Québec.
Hydro-Québec's program encourages businesses to propose measures that demonstrate the viability and benefits of new technologies or business strategies. Projects must focus on energy efficiency, market potential, innovation, and the qualifications of the project team. The grant aims to accelerate project profitability, enhance competitiveness, and promote innovative solutions in the Quebec market.
Eligible projects under the grant should explore proven, yet little-known technologies with potential in Québec and must not involve electricity generation or self-generation projects. The evaluation criteria include energy impact, market penetration, innovation, team qualifications, and the quality of the project application. Successful applicants may receive technical support from Hydro-Québec and benefit from long-term energy savings.
Businesses interested in the Technology and Business Demonstration Grant can refer to the Participant’s guide for eligibility requirements and application details. The program aims to drive technological and business development by bridging the gap between research and commercialization, ultimately helping companies thrive and innovate in the energy sector.
