Call for innovation projects in artificial intelligence and quantum technologies: collaborative industrial research and support for entrepreneurship

Amount:

$1,500,000

Type:

Grant, Loan, Investment

Description:

This call for projects is aimed at groups of companies wishing to carry out an innovation project as well as research and development in artificial intelligence (AI) and quantum technologies with the possibility of collaboration with a public research center.

Comments on Funding:

Financial assistance cannot exceed $1,500,000 per project for a maximum duration of 24 months. The financial assistance rate cannot exceed 35% of eligible expenses incurred by an SME or large company and 50% of eligible expenses incurred by a startup .

In addition, the rate will be increased to 50%, regardless of the size of the company that incurs the following expenses necessary for the completion of the project:

Expenditures incurred by an eligible public research center if they represent at least 20% of the eligible expenses of the project.
Expenses for access to quantum computing from PINQ2, Calcul Québec and DistriQ.
The amount of aid to be paid to each partner will be calculated according to their participation in the project, but a company will not be able to benefit from more than 80% of the total subsidy awarded.

The accumulation of public assistance can reach 75% of the total eligible expenses for the realization of the project, including tax credits relating to scientific research and experimental development (R&D) as well as tax incentives for scientific research and experimental development (SR&ED), which complement the financial assistance from the Government of Quebec. Private contributions must correspond to at least 25% of eligible expenses.

Deadline:

Continuous Intake. No specific deadline was identified.

Eligibility:

Eligible customers
Eligible are consortia of Quebec businesses and cooperatives made up of at least one SME or one business with high growth potential.

Eligible startups
To be eligible as a startup , companies must meet the following criteria:

Be 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.
Have 250 employees or less in Quebec.
Not belong, in a proportion of 50% or more, to other existing companies or organizations.
Not having been created as part of a concentration, restructuring, extension of pre-existing activities or a takeover of such activities.
Be led by a founder or a team of founders, at least one of whom is dedicated to it full-time (35 hours or more per week).
Own the rights to use the intellectual property of their product, process or service.
When submitting their application, receive support from an eligible business incubator or accelerator.
Have an establishment in operation in Quebec intended for the production of goods and services or for internal research and development activities.
Have assets of less than $50 million.
Dedicate a significant portion of their resources to developing their business, from the design and development of their product or process to marketing.
Eligible incubators and accelerators
For artificial intelligence projects, eligible incubators and accelerators are:

Technology Business Creation Accelerator (ACET);
Centech;
Creative Destruction Lab (CDL);
District3;
NextAI.
For quantum technology projects, eligible incubators and accelerators are:

Centech;
Technology Business Creation Accelerator (ACET);
Creative Destruction Lab (CDL);
Quantino;
QV Studio.
Eligible SMEs
To be eligible as an SME, businesses must meet the following characteristics:

Be 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.
Have 250 employees or less in Quebec.
Not belong, in a proportion of 50% or more, to other existing companies or organizations.
Have an establishment in operation in Quebec intended for the production of goods and services or for internal research and development activities.
Own the rights to use the intellectual property of their product, process or service.
Have assets (including the assets of associated companies), calculated on a worldwide basis, for their taxable year ending in the calendar year preceding the given calendar year, of less than $50 million.
Eligible large businesses
In order to be eligible for a structuring and large-scale project, companies that do not qualify as startups or SMEs must meet the following criteria:

Be 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.
Have an establishment in operation in Quebec intended for the production of goods and services or for internal research and development activities.
The management of the consortium is entrusted to a sectoral industrial research group This hyperlink will open in a new window.(RSRI), except for projects arising from the AI ​​Confidence initiative, which coordinates the planning, monitoring and control of project activities and costs to report to the government.

Application Steps:

Read the guide relating to the call for projects (PDF 920 KB) .

Complete the financial assistance application form (PDF 2.62 MB) and check that all documents comply with the requirements of the call for projects.

Send, in a single shipment, an electronic version of the mandatory documents, duly completed and signed, to the RSRI in your sector .

RSRIs and companies in the Confiance AI consortium must submit project proposals by April 15, 2025 at 4 p.m.

Projects from the AI ​​Confidence initiative should be sent directly to the addressequipe.ia@economie.gouv.qc.ca.

Quantum technology projects must be submitted electronically to PRIMA Québec or PROMPT .

Documentation Needed:

1. Guide relating to the call for projects (PDF 920 KB)
2. Financial assistance application form (PDF 2.62 MB)
3. Mandatory documents, duly completed and signed, in compliance with the requirements of the call for projects

Other Things to Note:

Contact details of industrial research sector groups
PRIMA Québec – Advanced Materials Sector

514 284-0211

info@prima.ca

https://www.prima.ca/This hyperlink will open in a new window.

CRIAQ – Aerospace sector

514 313-7561

info@criaq.aero

https://www.criaq.aero/This hyperlink will open in a new window.

INNOV-ÉÉ – Electric energy sector

514 416-6777

info@innovee.quebec

https://innovee.quebec/This hyperlink will open in a new window.

CQRDA – Aluminum sector

418 545-5520

info@cqrda.ca

https://cqrda.ca/This hyperlink will open in a new window.

CRIBIQ – Industrial bioprocesses sector

418 914-1608

cribiq@cribiq.qc.ca

https://cribiq.qc.ca/This hyperlink will open in a new window.

MEDTEQ+ – Medical Technology Sector

514 398-0896

info@medteq.ca

https://www.medteq.ca/This hyperlink will open in a new window.

PROMPT – Information, communication and digital technology sector

514 875-0032

info@promptinnov.com

https://promptinnov.com/This hyperlink will open in a new window.

CQDM – Biopharmaceutical research sector

514 766-6661

info@cqdm.org

https://cqdm.org/fr/This hyperlink will open in a new window.

CRITM – Metal transformation sector

418 914-1163

Istmand@critm.ca

https://www.critm.ca/This hyperlink will open in a new window.

AI Trust

514 840-1234

info@confianceia.ca

https://www.confianceia.ca/This hyperlink will open in a new window.

IVADO

https://ivado.ca/This hyperlink will open in a new window.

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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