PARTENAR-IA — MEDTEQ+ — Academic

📋 Eligible Entities - Small and Medium-sized Enterprises (SMEs) operating in Canada - Must partner with an accredited research center or academic institution - SMEs must be actively involved in the R&D project (not passive funders) - Research partner must have demonstrated expertise in artificial intelligence and health technology - Eligible SMEs include: - Incorporated companies - Sole proprietorships - Partnerships - Cooperatives - Must be in good standing with provincial/federal regulations ### 💰 Funding Details - Maximum Grant Amount: $1.5 million per project - Project Duration: Up to 24 months - Cost Share: Grant covers up to 35% of eligible project expenses - Non-Refundable: Funds do not require repayment - Matching Requirement: SME and research partner must cover remaining 65% of eligible costs through: - In-kind contributions - Cash contributions - Third-party co-funding - Disbursement: Typically staged based on milestone achievement and expense documentation ### 🛠️ Approved Expenses - Personnel Costs: Salaries for researchers, engineers, and technicians directly involved in R&D - AI Development: Algorithm development, machine learning model creation, and AI system integration - Health Technology Focus: Medical device prototyping, diagnostic software, clinical data analytics - Equipment & Materials: Specialized hardware, software licenses, and laboratory materials - Testing & Validation: Clinical trials, user testing, regulatory compliance documentation - Subcontracting: Fees to specialized service providers for specific R&D tasks - Direct Project Overhead: Up to a reasonable percentage of total project costs (typically 15-20%) ### ⚠️ Conditions & Milestones - Partnership Requirement: Formal written agreement between SME and research center required before funding approval - Project Plan: Detailed technical proposal, timeline, and budget breakdown must be submitted - Milestones & Reporting: Quarterly or bi-annual progress reports with evidence of deliverables - Intellectual Property: Clear IP ownership agreement established up