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Regional Quantum Initiative in British Columbia

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Value

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 National Quantum Strategy, PacifiCan is delivering the Regional Quantum Initiative in British Columbia (B.C.). This fund will help companies and not-for-profit organizations advance and commercialize quantum products and solutions for domestic and global markets. Areas of focus for the initiative include:

  • quantum computing
  • quantum sensors
  • quantum communications technology
  • quantum materials

Eligible Applicants

Incorporated businesses, including start-ups and 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. Applicants must:

  • be a for-profit company incorporated to conduct business in Canada
  • have staffed operating facilities in B.C.
  • have funding from all other sources confirmed at time of application, 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-owned businesses and Indigenous-led not-for-profit organizations
  • groups of eligible recipients such as industry associations or consortiums.

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

Open. Please click the link indicated below for update.

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There is grant money waiting for YOU! BUT if you step in a “grant trap,” your application is a NO! Learn the FIVE most common errors to AVOID in government grants! Get the 5 Grant Gotchas now to save you countless hours.

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