ROIV — Véhicule électrique — Volet 1 ### 📋 Eligible Entities - Private corporations (for-profit enterprises) - Small and medium-sized enterprises (SMEs) - Research institutions and technology centers partnering with businesses - Manufacturers and suppliers in the automotive and battery sectors - Companies operating in Quebec (primary focus, subject to program eligibility criteria) - Entities with demonstrated capacity to develop, test, and validate electric vehicle or battery technologies ### 💰 Funding Details - Maximum Grant Amount: $100,000 CAD per project - Repayability: Non-repayable grant (contribution) - Matching Requirements: Typically requires co-financing from applicant (varies by project scope; confirm exact ratio with program administrator) - Funding Type: Direct financial contribution (not a loan) - Payment Structure: Disbursed based on milestone achievement and eligible expense substantiation ### 🛠️ Approved Expenses - Research and development (R&D) activities for electric vehicle technologies - Battery technology development, testing, and optimization - Validation and prototype testing costs - Specialized equipment and instrumentation for EV/battery research - Technical personnel salaries (limited portion for R&D staff) - Consulting and professional services related to technology validation - Laboratory and testing facility costs directly tied to project deliverables - Intellectual property protection (patents, documentation) - Technology integration and commercialization preparation ### ⚠️ Conditions & Milestones - Project Timeline: Must define clear development, testing, and validation phases with measurable milestones - Reporting Requirements: Regular progress reports demonstrating advancement toward technology validation - Milestone-Based Disbursement: Funding released upon achievement of predetermined technical milestones - Eligible Expense Documentation: All expenses must be substantiated with invoices, timesheets, and supporting documentation - Technology Focus: Project must directly advance electric vehicle or battery technologies (not peripheral applications) - Commercialization Intent: Applicant must demonstrate clear path toward market adoption or commercialization - Audit Rights: Funder reserves right to audit project expenditures and progress -