INNOV-R — CQRDA Grant Analysis ### 📋 Eligible Entities - Small and medium-sized enterprises (SMEs) based in Quebec - Private sector companies with demonstrated R&D capacity - Corporations registered in Quebec - Organizations must be profit-oriented entities - Mandatory requirement: At least one active collaboration partner that is an academic institution or public research centre ### 💰 Funding Details - Maximum grant amount: $500,000 per year - Project duration: Up to 3 years (total potential: $1,500,000) - Coverage ratio: Up to 50% of eligible expenses - Repayability: Grant-based funding (non-repayable) - Matching requirement: Applicant must cover minimum 50% of project costs through own resources or co-funding ### 🛠️ Approved Expenses - Personnel costs (salaries for R&D staff and researchers) - Equipment and tools directly related to GHG reduction research - Materials and supplies for experimental work - Subcontracting costs for specialized research services - Intellectual property development and patent-related expenses - Travel and accommodation for collaborative research activities - Data collection and analysis costs - Technology acquisition supporting emissions reduction objectives ### ⚠️ Conditions & Milestones - Core mandate: Project must demonstrate clear focus on reducing greenhouse gas (GHG) emissions - Collaboration requirement: Minimum one academic or public research institution partner throughout project duration - Progress reporting: Annual milestone reports and financial accountability required - Timeline: Project structured over three consecutive fiscal years with defined deliverables per year - Eligible expenses: Costs must be directly tied to project R&D activities; overhead capped at reasonable percentage - Commercialization clause: Company must demonstrate pathway to commercializing or implementing emission-reduction innovations - Audit rights: CQRDA reserves right to audit financial records and verify eligible expenses