INNOV-R PME — PRIMA Grant Analysis ### 📋 Eligible Entities - Small and Medium-sized Enterprises (SMEs) operating in Quebec - Businesses must be actively engaged in industrial research activities - Eligible sectors include those focused on greenhouse gas (GHG) emissions reduction - Joint ventures or consortiums involving multiple SMEs and research institutions - Private companies with established operations in Quebec - Non-eligible: sole proprietors without formal business structure, businesses primarily operating outside Quebec ### 💰 Funding Details - Grant Type: Non-repayable subsidy (not a loan) - Grant Structure: Contribution toward collaborative research projects - Matching Requirements: Typically requires co-investment or cost-sharing from participating organizations - Funding Range: Varies by project scope and collaborative partnerships (specific amounts determined during application review) - Repayability: Grants are non-repayable; however, misuse of funds or failure to meet obligations may trigger recovery clauses ### 🛠️ Approved Expenses - Industrial research and development activities focused on GHG emissions reduction - Salaries and personnel costs for research team members - Equipment and technology acquisition for research purposes - Laboratory testing and analysis costs - Consulting and professional services related to research - Project management and coordination expenses - Technology transfer and commercialization activities - Documentation and reporting costs ### ⚠️ Conditions & Milestones - Project Focus: Must demonstrate clear potential to reduce greenhouse gas emissions in Quebec - Collaboration: Projects must involve collaborative partnerships (SME + research institution or multiple SMEs) - Reporting: Mandatory progress reports at defined milestones - Budget Compliance: Funds must be used exclusively for approved purposes with documentation - Timeline: Projects must be completed within agreed timeframe (typically 2-3 years) - Intellectual Property: Terms regarding ownership and commercialization of research results must be clarified upfront - Audit Rights: Government retains right to audit project expenditures - Performance Metrics: Must track and report on environmental impact and emissions reductions achieved