Program details and parameters
The financial assistance consists of a non-refundable and non-recurring financial contribution.
| Régular way | Express way | |
|---|---|---|
| Companies located in Québec, min. | 1 | |
| Companies located outside of Québec (optional) | Yes, as 2nd business | |
| Québec public research institutes or QPRI (university, CTTC or public research centre), min. | 1 | |
| Starting Technology Readiness Level | NMT 1-6 | NMT 1-6 |
| INNOV-R funding, max. of eligible expenses | 40 % | 50 % |
| Private funding, min. of eligible expenses | 20 % (50 % of wich may be in kind) |
50 % (50 % of wich may be in kind) |
| Complementary public funding | It is possible to add other federal, provincial (other than MEI) or municipal funding sources | No public co-financing possible |
| Cumulative public funding, max. eligible expenses | 80% | |
| Maximal duration of projects | 3 years | |
| Maximal INNOV-R* funding (may vary depending on the industrial sector) |
Up to $500,000/year 499 999 $ max |
|
(*) Funding includes all MEI contributions: grant, ICR and management fees
Important Notes:
- The funders of a project approve a single budget presenting all the activities. Thus, the matching of a project already funded by the addition of new activities funded by the RSRI does not comply with program standards. In addition, the sources of co-financing identified must be free from existing commitments.
- Other sources of public funding can come, for example, from CRSNG, PARI-CNRC, MITACS (non-MEI party). Please contact the RSRI where you are submitting your request for more information.