Call for First-time Adopter Projects
$75,000
Grant, Investment, Subsidy
Description:
The general objective of the Innovation program is to strengthen the innovation capacities of companies, primarily SMEs, at the different stages of their innovation projects.
Comments on Funding:
The financial contribution from the Quebec government is paid to the startup .
It cannot exceed:
$75,000 per company, for the project completion period (maximum of 18 months);
60% of eligible expenses.
First-time adopters must contribute at least 20% of eligible expenses, in cash only.
January 17, 2025 at 4 p.m.; April 18, 2025 at 4 p.m.; July 18, 2025 at 4 p.m.; October 17, 2025 at 4 p.m.
Eligibility:
Eligible startups are:
are legally constituted according to the federal or Quebec laws in force and registered with the Quebec Enterprise Registrar;
have their head office in Quebec and employees or subcontractors who work mainly in Quebec;
carry out research and development primarily from Quebec;
are in the pre-marketing phase and have not made significant sales;
are supported by an organization that offers incubation or acceleration services located in Quebec at the time the application is submitted;
are less than 50% owned by other companies or organizations;
were not created as part of a concentration, restructuring, extension of pre-existing activities or a takeover of such activities;
own the rights to use the intellectual property of their product or innovation;
are led by a founder or a team of founders, at least one of whom devotes himself to it full-time (35 hours or more per week);
have devoted the majority of their financial resources to the development of their business, from the design and development of their product or process to marketing.
Eligible companies are first-time adopters who:
are legally constituted according to the federal or Quebec laws in force and registered with the Quebec Enterprise Registrar;
are not in the pre-marketing phase, i.e. they must routinely sell products or services to customers;
ultimately wish to acquire a product or process developed by a startup ;
do not have any shareholders in the Quebec startup in question.
Application Steps:
Read the Application Guide (PDF 804 KB) .
Complete a commitment letter (DOCX 33 KB) from the incubator or accelerator that supports the young innovative company with high growth potential.
Applications can be submitted continuously under calls for projects which will close on the following dates:
January 17, 2025 at 4 p.m.;
April 18, 2025 at 4 p.m.;
July 18, 2025 at 4 p.m.;
October 17, 2025 at 4 p.m.
Documentation Needed:
1. Application Guide (PDF 804 KB)
2. Commitment letter (DOCX 33 KB) from the incubator or accelerator supporting the young innovative company with high growth potential
Other Things to Note:
Online requests
Log in to the online service using your clicSÉQUR – Businesses account and complete a First-time Adopters form .
Complete a financial aid applicationThis hyperlink will open in a new window.
Registration procedure for first use of the online service
About the author
Maurice
