Regional Quantum Initiative (RQI) in Southern Ontario
Receive up to $5 Million in Quantum Funding.
In southern Ontario, the Regional Quantum Initiative (RQI) helps companies develop and market quantum products and solutions for domestic and international markets. The RQI builds on the FedDev Ontario quantum investments to further accelerate the development of the sector and drive product development in this world-class quantum ecosystem.
Regional Quantum Initiative (RQI) in Southern Ontario
Amount of Funding
- Up to 50% of total project costs with contributions between $500,000 – $5 million. Contributions are interest-free and fully repayable; and
- Funding can cover up to 6 years, ending no later than Dec 31, 2027.
Regional Quantum Initiative (RQI) in Southern Ontario
Eligible Applicants
Applicants may be eligible if they meet these eligibility critieria:
- SME Businesses;
- Located in in Southern Ontario;
- Own, have a license for, or have secured rights to the IP for the project; and
- Preference given to companies that have demonstrated positive market traction and received support from Quantum ecosystem.
Regional Quantum Initiative (RQI) in Southern Ontario
Eligible Activities
Demonstration, commercialization, business development, capacity building, and technology development projects. Potential areas of Quantum tech include:
- Quantum computers
- Quantum software
- Quantum sensors
- Quantum communications
- Quantum materials
Regional Quantum Initiative (RQI) in Southern Ontario
Program Deadline
This program is currently closed.
Regional Quantum Initiative (RQI) in Southern Ontario News
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