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.

Funding Amount

Access up to 50% of project costs to a maximum of $500,000 to $5 million.

Eligible Applicants

SME Businesses in Southern Ontario that own, have a license for, or secured rights to the IP for the project.

Eligible Activities

Demonstration, commercialization, business development, capacity building, and technology development projects.

Deadline to Apply

This program’s intake is currently closed.

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Mentor Works Government Funding Application Success Rate

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Give your application the best chance at approval. Mentor Works has an 86% approval rating across all Canadian funding programs.

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.

Eligible Applicants for Canadian Government Funding

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: