Innovation Program – Stream 2
No specific amount was identified.
Grant, Loan, Investment
Description:
The Government of Quebec uses mobilizing projects to provide financial support to private companies so that they can pool their efforts to successfully complete a project to develop an innovative product or process, by mobilizing universities, public research centers and SMEs. More specifically, a mobilizing project:
Is driven by industry vision and leadership;
Takes concrete form through the development, in the targeted sectors of activity, of new products and processes;
Helps to accelerate innovation and its integration into solutions that will give Quebec businesses a competitive advantage and generate maximum economic benefits for Quebec;
Brings together several partners, some of which11 do not receive financial assistance under the programme, who all participate in the financing and implementation of the project while sharing the resulting intellectual property;
Is managed by an NPO, existing or created specifically to carry out the planning, monitoring and control of the activities and costs of carrying out the project, as well as to report on them to the government. This NPO is unanimously designated by the partners.
Comments on Funding:
N/A
Applications are accepted on an ongoing basis.
Eligibility:
Investissement Québec administers this program as an agent of the Government of Quebec. The processing of applications for financial assistance (eligibility, analysis and decision) is the responsibility of the Ministry of Economy and Innovation.
Application Steps:
The processing of applications for financial assistance (eligibility, analysis and decision) is the responsibility of the Ministry of Economy and Innovation.
Documentation Needed:
No specific documents are listed.
Other Things to Note:
N/A
About the author
Maurice
