Description of the 2023 grant
The “CRIAQ Start-Up” grant is intended for Quebec start-ups active in the aerospace sector.
The CRIAQ will offer, on a competitive basis, two grants of $10,000 to support the technological development of two start-ups. The goal of these grants is to foster the alignment between the development of a product or service with potential users and customers.
The law firm Fasken has joined the initiative by enhancing the contest. The winners will have free access to Fasken’s Start-Up Program for one year, worth $12,000. This program gives access to Fasken’s platform, a platform offering support and services to entrepreneurs: corporate audit, access to the contract generator, two hours of consultation per month (unless the company raises $250,000 or more in financing, these hours will be billable).
Eligibility Criteria
The eligibility criteria are as follow:
- The company’s activities, or part of its activities, must be related to the aerospace industry (products, services and solutions);
- The company must be incorporated in Quebec;
- The date of incorporation in Quebec must be between February 1, 2021, and March 15, 2023;
- The company must have 10 employees or less;
As of March 15, 2023, the company must
- participate in a program from a recognized incubator or accelerator in Quebec;
- have participated in such program;
- or reside in such incubator or accelerator.
It is not mandatory for a company to be a member at the CRIAQ to apply for this grant. However, to benefit from it, the company will have to become a member, see Become a member – CRIAQ, or maintain its membership for the coming year.
Evaluation criteria
Proposals will be evaluated according to:
- Novelty of the product or service,
- Technical feasibility,
- Business potential for the aerospace sector, and
- Quality of the team.
Application submission and additional information
The application form must be completed and submitted to the CRIAQ no later than March 15, 2023, 4:00 pm EST. Results will be announced at the end of March 2023.
Grantees will have to send a photo of their team and their company logo to the CRIAQ. By submitting these, the grantees agree to let the CRIAQ use them to share news and to promote its activities.
Please send your questions, if any, to bourses@criaq.aero
FOR MORE INFORMATION
Please send your questions, if any, to