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Regional Quantum Initiative (RQI) in the Prairie Provinces

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Value

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Eligible not-for-profit organizations can receive non-repayable funding for up to 90% of eligible costs.

Description

As part of the Government of Canada’s efforts to develop a National Quantum Strategy (NQS), Prairies Economic Development Canada (PrairiesCan) is delivering the Regional Quantum Initiative (RQI) in Alberta. This fund will help companies and not-for-profit organizations advance and commercialize quantum products and solutions for domestic and global markets.

Eligible Applicants

This is a competitive program with priority given to eligible applicants in Alberta’s quantum hub that are:

Incorporated businesses, including start-ups/early revenue firms that are commercializing or adopting quantum technologies or quantum-based solutions.  Preference may be given to small and medium-sized enterprises (SMEs) with less than 500 full-time employees (FTEs).

Applicants must:

  • be a for-profit company incorporated to conduct business in Canada;
  • have staffed operating facilities in Alberta;
  • have confirmed funding from all other sources, including government and non-government (non-government funds must represent at least 50% of the proposed project costs).

 

Not-for-profit organizations, including those that support quantum businesses, innovators and entrepreneurs for start-up, growth, productivity, technology commercialization, technology adoption, export and investment attraction, including:

  • post-secondary educational institutions;
  • business accelerators and incubators;
  • angel networks;
  • Indigenous (First Nations, Inuit, Métis) organizations, including Indigenous-led not-for profit organizations and Indigenous-owned businesses;
  • groups of eligible recipients such as industry associations or consortiums.

All eligible applicants must be legal entities capable of entering into legally binding agreements.

Eligible Expenses

Incremental costs essential to the project. Costs that may be eligible for reimbursement include:

  • cost of labour (e.g. wages and benefits);
  • capital costs (e.g. purchase of machinery or equipment);
  • operating costs that are directly related to the project, such as management fees or working capital;
  • consultancy fees (e.g. professional, advisory and technical services);
  • costs related to intellectual property protection;
  • preproduction (e.g. technological development and commercial demonstrations);
  • subcontracting costs;
  • production and distribution of promotional material and management tools;
  • anticipated cost of maintaining the useful life of an asset for a reasonable period;
  • costs related to specialized services, such as testing services, research and development services, technical or innovation services, sector development strategies in all markets and business networking.

Deadline Date

EOIs will be accepted on a continuous intake basis until the funding is fully allocated.

Contact

Contact Name: local offices in Alberta

Phone Number: 1 (888) 338-9378

E-mail Address: wd.ab-ab.deo@prairiescan.gc.ca (for Grande Prairie, Alberta)

Website: https://www.canada.ca/en/prairies-economic-development/services/funding/regional-quantum-initiative.html

Industry:

Indigenous, Non-Profit

Location:

Alberta, Manitoba, Saskatchewan

Tags:

Post-secondary, SMEs, Start-up, Technology

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