New funding for incubators and accelerators in QC

The Government of Canada has launched a call for proposals under the new Incubators and Accelerators Driven by Excellence (IADE) initiative.

Quick Facts.

  • This new fund has a budget of $12M over four years.
  • It will help incubators and accelerators in Quebec’s regions.
  • Eligible organizations include: incubators and accelerators working in collaboration or on an individual basis: which are nonprofits, can demonstrate that they are currently operating in Quebec, and whose head office is located in the province.
  • No maximum amount is allocated per grant, however, recipients can see up to 75% of their costs covered, except for equipment costs, which are eligible for a 50% assistance rate.
  • The deadline to apply is June 7.

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