CED — Regional Innovation Ecosystems — REGI - Not-for-profit

💡What Is This Program?

🎁What Benefits Are Offered?

Non-repayable financial assistance for projects, generally covering up to 90% of authorized costs (up to 50% for capital projects). Funding supports projects focused on technology and knowledge transfer to businesses, acquisition of cutting-edge equipment, innovation support services, recruitment of highly skilled resources, development of partnerships and industrial clusters, and attracting foreign direct investment.

📋What Are the Application Steps & Timeline?

📝Steps to ApplySource

• Read the guidelines for the program carefully.
• Ensure your project meets one of the specified objectives.
• Prepare your project proposal according to the guidelines.
• Submit your project proposal.

🌐Application PortalSource

https://www.canada.ca/en/economic-development-quebec-regions/resources-and-tools.html

📤Submission MethodSource

online

🔄Intake TypeSource

continuous

📄What Documents Are Required?

✅Required DocumentsSource

• Project proposal
• Proof of eligibility as a non-profit organization (NPO)
• Detailed budget breakdown

📎Optional DocumentsSource

• Letters of support from partners
• Evidence of previous project success

📐Format RequirementsSource

PDF only, max 10MB

📥Templates AvailableSource

• Project Submission Guide

✉️Supporting LettersSource

Letters of support from partners are recommended but not mandatory.

💰What Expenses Are Eligible?

🧾Eligible ExpensesSource

• All costs directly related to the project that are deemed reasonable by CED and essential to the implementation of the project

🚫Ineligible ExpensesSource

• the refinancing of an existing debt
• the purchase of an asset at a price that exceeds its fair market value
• amortization expenses
• goodwill costs
• land purchases

📏Expense CapsSource

Non-repayable financial assistance generally of up to 90% of authorized costs (up to 50% of authorized costs in the case of capital projects)

💳Payment ModelSource

mixed

🤝Is Matching Funding Required?

🔀Matching RequiredSource

Yes

📊Matching RatioSource

10% minimum

🏦Eligible Matching SourcesSource

• cash
• in-kind

📚Stacking RulesSource

Yes

🛡️Proof of Matching RequiredSource

Documentation of financial resources or professional services

📊What Are the Reporting Requirements?

🗓️Reporting FrequencySource

annual

📑Reporting RequirementsSource

• annual progress report
• financial statements

🔍Audit RequirementsSource

Projects may be subject to audit by CED or its representatives.

📢Branding RequirementsSource

Acknowledgment of funding and use of CED logos is required.

🗄️Record Retention PeriodSource

7 years