Regional Quantum Initiative (RQI) in British Columbia
Receive up to 90% of Total Costs in Quantum Funding.
Through the Regional Quantum Initiative (RQI) in British Columbia quantum products and solutions will be advanced and commercialized by businesses and not-for-profit organizations across British Columbia in fields such as quantum computing, sensors, and more.
Quick View
Funding Amount
Access up to 90% of total project costs with no official maximum allotment announced.
Eligible Applicants
Both for-profit and not-for-profit organizations are eligible if they meet all criteria and are based out of British Columbia with preference given to SMEs.
800+
Annual Funding Applications Supported
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Give your application the best chance of approval. Ryan supports the writing of applications for more than 100 Canadian federal and provincial government grants, tax credits, and no-interest loan programs.
Amount of Funding
Applicants may receive the following funding amount:
- Businesses can receive interest-free loans for up to 50% of eligible expenses;
- Up to 90% of eligible costs may be covered by non-repayable funding for not-for-profit organizations;
- Reimbursable funding is normally available to eligible not-for-profit organizations pursuing commercial projects; and
- Business or commercial projects can stack up to 50% of eligible capital costs and 75% of other eligible costs with government funding (from all three orders of government).
Eligible Applicants
It is necessary for for-profit applicants to:
- Be a Canadian-incorporated for-profit company;
- In British Columbia, they have operating facilities that are staffed; and
- Confirm all other funding sources, including government and non-government, at the time of application (non-government funds must account for at least 50% of the proposed project costs).
Non-profit organizations that support quantum businesses, innovators, and entrepreneurs
Starting up, growing, producing, commercializing, adopting, exporting, and attracting investment, including:
- Universities and colleges that offer post-secondary education;
- Incubators and accelerators for businesses;
- Networks of angel investors;
- Including Indigenous-owned businesses and Indigenous-led not-for-profits, Indigenous (First Nations, Inuit, Métis) organizations; and
- An industry association or consortium may be an eligible recipient group.
Applicants must be legal entities capable of entering into legally binding contracts.
Eligible Activities
Projects may be eligible for funding if they improve the following focus areas:
- Quantum computers;
- Quantum software;
- Quantum sensors;
- Quantum communications; or
- Quantum materials.
Projects will be considered on their ability to contribute to:
- Productivity improvement;
- Business scale-up;
- Technology commercialization;
- Ecosystem capacity building; and
- Business acceleration and incubation.
Priority may be given to projects that contribute to clean economic growth and diversity, equity and inclusion projects.
Program Deadline
A continuous intake of applications will be conducted until the funding is allocated in full. Speak with a member of our team to find the latest intake period info for this program or subscribe to our newsletter to be notified.
Averaging of
Time Saving
95%
throughout the application process
Apply for Funding
Successfully applying for the right funding program at the right time, focusing on the right topics is no easy challenge. We provide an average 95% time savings to our clients, compared to businesses that apply for funding in-house.
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