Funding Opportunities for Sustainable and Connected Vehicles Innovation
As one of the world’s leading vehicle manufacturing regions, Canada makes significant efforts to remain on the cutting edge of innovative automotive technologies.
Canada leverages its innovation clusters and new ideas that emerge from startups, national, and international firms in Canada to revolutionize transportation and automotive technologies. The areas of focus include quantum technologies, AI, clean technologies, and advanced manufacturing.
Several government agencies and not-for-profits across Canada focus on advancing greener transportation technologies, while others offer incentives that aid in the growth and development of automotive innovations.
Below are some key sponsors interested in connected, sustainable, and autonomous vehicles in Quebec that one should keep in mind when looking for funding. Within each funding program sponsor, we will highlight the flagship program(s) and sought benefits.
Quebec
Quebec Ministry of Economy and Innovation (MEI)
The Quebec Ministry of Economy and Innovation offers funding programs and partners with other sponsors to further accelerate scientific and technological advancements in Quebec. The Ministry emphasizes the importance of research and innovation and assists organizations dedicated to the promotion, development, and transfer of research and innovation.
Call for Proposals in the Demonstration of Sustainable Transport Technologies
This call for proposals plans to offer $6.5 million in grants over a five-year period to support SMEs within Quebec to carry out demonstration projects that showcase their land transport and sustainable mobility technologies.
Eligible projects must develop a new product or process that has a significant advantage over existing solutions – or significantly improves current products and processes – and be undertaken in collaboration with a city or transportation company within Quebec.
The grants offered through this program can subsidize up to 50% of project costs – up to a total contribution of $350,000 – and eligible projects may be no longer than 18 months in duration.
Program details are currently only available in French, and the next deadline to apply is November 17th, 2021.
This specific call for proposals is also part of the Quebec government’s larger Sustainable Mobility Policy for 2018-2030 (in French only).
Canada Wide
Sustainable Development Technologies Canada (SDTC)
This National Canadian foundation was created by the federal government to help foster the growth of the clean technologies sector in Canada and promote environmental sustainability. Since its inception in 2001, SDTC has injected nearly $1.4 billion into 460 Canadian clean technologies companies and helped create over 16,000 jobs nationwide.
This fund provides grant financing to develop promising clean technology development and demonstration projects led by start-ups or scale-ups. The technology itself must be beyond the proof-of-concept stage, but not yet commercialized. The technology must also demonstrate a potential for GHG emissions reductions, reductions in water consumption and/or the reduction of water, soil or air contamination levels. The project must have demonstrated environmental and economic benefits for Canadians. These grants can subsidize up to $4 million or 40% of eligible project costs, with an average contribution of $3 million.
The Clean Tech Fund’s portfolio of funded companies currently includes sectors ranging from agriculture and forestry to power generation and transportation. In the transportation sector, current accepted projects are also varied and show the wide range of the applications of new technologies to make the automotive and transportation sectors more sustainable: projects related to lithium-ion batteries, fleet management and route planning solutions, hybrid heavy vehicles and motion sensors for autonomous vehicles all qualified for the program!
Applications for this program are accepted on a rolling basis, with five approval rounds per year.
How R&D Partners can help
If you have any questions about the programs we mentioned above, do not hesitate to contact Dominik Klein at dklein@rdpartners.com, or at 1-800-500-7733 ext. 103
