Support for Regional Quantum Innovation

Amount:

no fixed amount

Type:

Grant, Loan

Description:

CED’s Support for Regional Quantum Innovation (RQI) aims to help small and medium-sized enterprises (SMEs) and non-profit organizations (NPOs) adopt, develop and commercialize quantum technologies and products based on these technologies.

Comments on Funding:

1. Contributions for SMEs are generally refundable or conditionally refundable.
2. Contributions for non-profit organizations (NPOs) are generally non-refundable.

Deadline:

Continuous Intake

Eligibility:

Applicants must be:
1. SMEs operating in the quantum or related sectors (e.g., secured communications, cryptography, IT, sensors and imaging);
2. SMEs seeking to adopt quantum technology;
3. NPOs* including:
a) Organizations supporting the quantum ecosystem;
b) Organizations focused on quantum entrepreneurship (incubators and accelerators);
c) Post-secondary teaching institutions.
*Public organizations subject to the Act respecting the Ministère du Conseil exécutif (M-30) must have Government of Québec authorization.

Application Steps:

Applicants must:
1. Look through the information about programs, your regional intervention strategy and the eligibility criteria
2. Contact an advisor from the business office for your region
3. Prepare your financial assistance application for the project
4. Submit your financial assistance application

Documentation Needed:

Applicants must submit:
1. summary of your project by using, where applicable, existing documents such as a business plan, financial statements, pamphlets, internal financial projections, etc. In particular, succinctly point out the important items from among the following:
a. description of the business
b. project description and objectives
c. list of planned activities and expenditures
d. the project’s financing package
e. recent financial statements and percentage of international sales (outside of Canada)
f. the project’s anticipated start and end dates
g. anticipated benefits of the project

Other Things to Note:

Link Guide:

Maurice

About the author

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Canada to identify and maximize funding to grow their business.

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