Regional Quantum Initiative
no fixed amount
Loan
Description:
As part of the Government of Canada’s efforts to develop a National Quantum Strategy (NQS), FedDev Ontario is delivering the Regional Quantum Initiative (RQI) in southern Ontario. Over $23 million is available over six years (2022-27) to help companies advance and commercialize their quantum products and solutions for domestic and global markets.
Comments on Funding:
Applications are closed. Stay tuned for future intakes.
Eligibility:
Applicants must be:
1. be an incorporated, registered business at the time of application
2. have an Intellectual Property (IP) strategy, and either own the project IP, have a licence 3. to the IP rights from a Canadian licensor, or have secured the rights to IP required for the project, and where applicable, must not infringe on any IP rights
4. secure a minimum of 50% funding towards the eligible project costs
Application Steps:
Applicants must:
1. Download the Application for Funding
2. Complete the Application for Funding
3. Review the Application Checklist and add all mandatory attachments to the Application for Funding
4. Submit the Application for Funding and attachments
Documentation Needed:
Applicants must submit:
1. financial statements (interim/annual, balance sheets, or other financial documentation) for the last two years or since the date of the company’s start-up
2. articles of incorporation
3. biographies of key management and/or technical staff required to complete the project, and a diagram of the company’s organization structure
4. a work plan or project schedule that outlines major activities and milestones already summarized in the application form
5. Optional and supplemental documents can include:
a. Your Intellectual Property (IP) strategy. Please note: having, implementing, and maintaining an IP strategy is a condition of receiving funding under this initiative.
b. A copy of the letter of support or other documentation if your company has previously received or currently receives support from a business accelerator, an incubator, other government department, and/or an angel or venture capital investor.
c. Logical and physical diagrams, device and/or apparatus drawings/photos, or other relevant documentation regarding your technology.
Other Things to Note:
About the author
Maurice
