INNOV-R — CRIAQ Grant Analysis ### 📋 Eligible Entities - Private corporations (for-profit businesses of any size) - Small and medium-sized enterprises (SMEs) operating in Quebec - Large enterprises in eligible sectors - Collaborative consortiums led by a private sector partner - Eligible sectors: Aerospace, aviation, and related advanced manufacturing industries - Must be registered in Quebec and maintain operations in the province ### 💰 Funding Details - Maximum grant: Up to $500,000 per year - Project duration: 3-year projects - Coverage rate: Up to 40% of eligible expenses - Repayability: Non-repayable grant (not a loan) - Matching requirement: Applicant must fund the remaining 60% of eligible costs through own resources or other sources - Total potential funding: Up to $1,500,000 over a three-year period (at maximum annual allocation) ### 🛠️ Approved Expenses - R&D personnel costs: Salaries and benefits for researchers and technical staff - Research equipment and instruments directly related to the project - Materials and supplies required for R&D activities - Third-party research services contracted to universities or research centers - Technology development and prototyping costs - GHG emissions reduction analysis and validation - Project management and coordination expenses - Subcontracting costs to eligible research partners (academic institutions or public research centers) ### ⚠️ Conditions & Milestones - Mandatory collaboration: At least one academic institution or public research center must be a formal partner in the project - Project focus: R&D activities must directly target reduction of greenhouse gas (GHG) emissions - Eligible sectors: Priority given to aerospace, aviation, and advanced manufacturing - Timeline: Projects structured over three consecutive years with annual funding tranches - Reporting requirements: Progress reports and GHG emissions reduction metrics must be documented annually - Proof of matching funds: Applicant must demonstrate access to the remaining 60% of project budget before funding is released -