InnovÉÉ works closely with the Ministère de l’Économie et de l’Innovation du Québec (MEI) as well as other agencies such as the Natural Sciences and Engineering Research Council of Canada ((NSERC) to support the development and funding of R&D projects relating to electricity and electric vehicle technologies.
In particular, we offer access to MEI grants for collaborative projects (involving at least one academic partner and at least one industrial partner).
These grants can cover up to 40% of the eligible expenses of the research institutions involved in the project. Projects can also take advantage of supplementary funding programs, e.g., from NSERC, Mitacs, NRC-IRAP, the FRQNT, or any other public, federal, provincial or municipal program. However, the industrial partners must cover at least 20% of the project costs.
Grant applications will be judged on the basis of criteria of relevance, quality and economic, social or technological benefits for Quebec.
La date de clôture pour le programme PSO est le 15 octobre 2021.
Other important criteria:
- The targeted technologies and applications are related to one or more of our lines of research.
- One or more industrial partners participate in the co-funding of the project. For projects starting at TRL 1-3: minimum of two industrial partners (at least one of which is based in Quebec). For projects starting at TRL 4-6: minimum one industrial partner.
- Maximum InnovÉÉ grant value: $1.5 million per project.
- All project stakeholders (industrial and academic) must be members of InnovÉÉ in good standing.
Important note: The grant criteria and other terms and conditions of our funding program are subject to change without notice.
Frequently asked questions
The minimum number of industrial partners depends on the Technology Readiness Level (TRL) at the start of the project. For projects starting at TRL 1-3, two or more industrial partners are required. For projects starting at TRL 4-6, only one industrial partner is required.
InnovÉÉ’s contribution to projects depends on the TRL at the start of the project.
- For projects starting at TRL 1-3, InnovÉÉ can cover up to 40% of eligible costs. The industrial partners (minimum of two per project) must collectively cover a minimum of 20% of the research institution’s project costs in cash ($).
- For projects starting at TRL 4-6, InnovÉÉ can cover up to 20% of eligible costs. The industrial partner(s) must collectively cover the equivalent of at least 40% of the project costs. In-kind investments are recognized but cannot exceed 50% of the industrial total, up to a maximum of 20% of the total budget.
The MEI, through InnovÉÉ, can contribute to the funding of universities’ indirect costs of research (ICR). An ICR rate of 27% can be applied to the MEI’s share of the funding of certain expense items. If applicable, universities must also collect ICR from their industrial partners and the various funders of the project. These costs must be paid directly to the research institution. Please contact us for more details.
InnovÉÉ participates in the management of all funded projects. A portion of the budget must therefore be allocated to InnovÉÉ to cover project management costs. The amount payable by industrial partners (including applicable taxes) corresponds to 7.5% of the value of the grant awarded by InnovÉÉ (6.52% before taxes). The MEI also contributes to the funding of management fees.
$500,000 per year ($1,500,000 in total), including indirect costs of research (ICR) and MEI management fees.
For projects starting at TRL 1-3:
- The salaries, wages and fringe benefits of staff hired by research institutions specifically for the project (students, postdoctoral fellows, research assistants, research professionals, technicians, etc.) who are not subject to any other public financial support. Eligible expenses exclude the salary of any university professor, as well as the costs associated with the release of college teachers to carry out project activities.
- Student scholarships that are not subject to any other public financial support.
- Expenses for materials, supplies and other consumables incurred by research institutions specifically for the project.
- The purchase or rental of equipment by research institutions specifically for the project, the value of which is equal to or less than $15,000 before taxes (maximum 25% of total eligible expenses).
- Travel expenses (conferences, field work, meetings with partners, etc.) incurred by research institutions specifically for the project. Important note: If you are planning public presentations on the project, plan at least one public presentation in Quebec. Please contact us if this is not possible.
- Other expenses, including the fees of professionals and subcontractors, the costs of intellectual property management and exploitation, the costs of disseminating findings (publication costs, etc.), etc., incurred by research institutions specifically for the project.
For projects starting at TRL 4-6:
- Eligible research institution expenses are the same as for TRL 1-3 projects (see above).
- In-kind contributions from partners are also accepted if:
- They are auditable expenses (their value can be reasonably established and backed by supporting documents)
- They are essential to the selected project
- They correspond to costs incurred specifically to carry out the project
- They represent an item for which it would otherwise be necessary to pay at equal or greater cost
- They do not exceed 20% of the total financial package for the project (including management fees)
For projects starting at TRL 1-3, in-kind contributions are not factored into the calculation of the minimum contribution from industrial partners. However, these contributions represent a potential indicator for measuring the involvement of industrial partners in the project and are therefore considered in the project evaluation (see evaluation criteria below). For example, if the cash contribution from one of the industrial partners is relatively small, its involvement in the project could in some cases be justified by the magnitude of its in-kind contributions.
For projects starting at TRL 4-6, see previous question.
It takes an average of 4 to 6 weeks between the submission of an application and the announcement of the results of InnovÉÉ’s evaluation. If the project is approved by InnovÉÉ, it must then be submitted to the MEI for final approval. Approval times vary in this case.
The average project acceptance rate is 70%. We have noticed that support from our advisors significantly increases the likelihood of an application’s success.
Although you do not know the outcome of your application, you can start working from the date of submission of the project. These activities will be funded if the project is approved.
Direct project costs, i.e., the cost of activities carried out by research staff, the salaries and fringe benefits of research staff, certain equipment expenses, consumables, equipment rental, travel expenses and dissemination costs, etc. For more information, please refer to the Applicant’s Guide.
The research centre can use these funds to rent equipment in connection with the project or to purchase equipment whose value does not exceed $15,000 or 25% of the project.
However, the PSO program is not the appropriate vehicle to secure funding for industrial equipment (capital investments). Ask our advisors to suggest sources of funding, and they will provide you with relevant recommendations in keeping with your needs.
No. InnovÉÉ funds only cover research and development activities carried out by researchers in a public research centre. In some cases, the funded research centre may subcontract work to companies or researchers in Quebec or elsewhere (see below). However, an industrial partner cannot be both a financial partner on a project and a subcontractor.
Consumables are the material resources consumed by the research centre during the project.
Yes, but only if they represent a small percentage of the grant.
InnovÉÉ is not a party to intellectual property management agreements. InnovÉÉ must receive confirmation that there is a signed agreement between the project partners (public research centres and industrial partners) prior to the start of the project and that this agreement includes the terms and conditions for management of intellectual property.
Yes. Public funding can generally cover up to 80% of project costs.
Yes. Ask our advisors to help you optimize the funding of your project.
Please contact us at your earliest convenience to confirm the eligibility of the changes.
Please contact us at your earliest convenience to confirm the eligibility of the changes.
The industrial partner(s) will receive an invoice from their public research partner (university, CCTT or public research centre) at the beginning of the project.
In order to limit the number of financial transactions and parties involved, InnovÉÉ’s management fees are withheld at source from InnovÉÉ’s first two payments to the public research partner. An equivalent amount will be invoiced by the research partner to the industrial partners, since they are responsible for covering these costs.