{"id":2287,"date":"2021-11-24T18:39:00","date_gmt":"2021-11-24T18:39:00","guid":{"rendered":"https:\/\/propulsionquebec.com\/nos-ressources\/repertoire-de-financement\/"},"modified":"2023-09-05T19:01:35","modified_gmt":"2023-09-05T19:01:35","slug":"funding-directory","status":"publish","type":"ressource","link":"https:\/\/propulsionquebec.com\/en\/nos-ressources\/funding-directory\/","title":{"rendered":"EST Sector Funding Directory"},"content":{"rendered":"
\n

Propulsion Qu\u00e9bec has launched a major funding initiative to study<\/strong> and mobilize<\/strong> the ecosystem of companies and financial players in the EST sector. The project seeks to assess and document the state of the funding chain<\/strong>, better understand the funding needs of businesses wishing to secure their growth, and identify sources of local and international funding for the Electric and Smart Transportation (EST) sector.<\/h2>\n<\/div><\/div>\n\n
\n

This project has helped:<\/p>\n<\/div><\/div>\n\n

\n
    \n
  1. form the basis of a strategy and action plan to tackle funding challenges in the EST sector<\/strong><\/li>\n<\/div><\/div>\n\n
    \n
  2. create a directory of funding sources<\/a> available to EST companies<\/strong> according to stage of growth and technology readiness<\/li>\n<\/div><\/div><\/ol>\n<\/div><\/div>\n\n
    \n

    This comprehensive funding directory is updated regularly with funding sources to ensure Quebec EST businesses have ready access to the information they need.<\/em><\/p>\n<\/div><\/div>\n\n

    \n
    \n
    \n
    Download the full Diagnosis<\/a>\n<\/div><\/div>\n<\/div>\n<\/div><\/div><\/div>\n\n
    \n
    \n
    \n
    \n
    \n
    \n
    \n

    This project was made possible thanks to the financial support of the Government of Quebec, Caisse de d\u00e9p\u00f4t et placement du Qu\u00e9bec, Desjardins Group, MacKinnon, Bennett & Company, Investissement Qu\u00e9bec, Fondaction and Langlois Lawyers.<\/p>\n<\/div><\/div>\n<\/div>\n <\/div>\n <\/div>\n\n <\/div>\n<\/div><\/div><\/div>\n\n

    \n
    \n
    \n
    \n
    \n\n \n \"\" <\/a>\n <\/div>\n
    \n\n \n \"\" <\/a>\n <\/div>\n
    \n\n \n \"\" <\/a>\n <\/div>\n
    \n\n \n \"\" <\/a>\n <\/div>\n
    \n\n \n \"\" <\/a>\n <\/div>\n
    \n\n \n \"\" <\/a>\n <\/div>\n
    \n\n \n \"\" <\/a>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n<\/div><\/div><\/div>\n\n
    \n

    <\/p>\n<\/div><\/div>\n\n

    \n

    Major funding categories1<\/sup><\/h3>\n<\/div><\/div>\n\n
    \n

    There are about 10 main types of investors active in Quebec\u2019s EST sector, as per the table and diagram below:<\/p>\n<\/div><\/div>\n\n

    \n
    \"\"<\/figure>\n<\/div><\/div><\/div>\n\n
    \n

    1<\/sup> There is no public funding program currently reserved exclusively for the EST sector or for mobility, but companies in this sector are eligible for programs based on certain features of EST (GHG reduction, innovation, manufacturing, etc.)<\/em><\/p>\n<\/div><\/div>\n\n

    \n
    <\/div>\n<\/div><\/div>\n\n
    \n

    Non-exhaustive list of leading private and institutional Quebec investors active in EST<\/h3>\n<\/div><\/div>\n\n
    \n

    Some 20 Quebec investors are now active2<\/sup> in EST in Quebec, representing mainly four types of investors (venture capital, private equity, institutional investors, and public investment).<\/p>\n<\/div><\/div>\n\n

    \n

    The angel network in Quebec is mainly organized around Anges Qu\u00e9bec and supported by the Ange Qu\u00e9bec Capital fund (funded by Investissement Qu\u00e9bec, CDPQ, FSFTQ, and members of Anges Qu\u00e9bec).<\/p>\n<\/div><\/div>\n\n

    \n

    Below is a non-exhaustive list of leading Quebec private (venture capital \/ private equity) and institutional investors3<\/sup> active in Quebec\u2019s EST sector:<\/p>\n<\/div><\/div>\n\n

    \n
    \"\"<\/figure>\n<\/div><\/div><\/div>\n\n
    \n
    \"\"<\/a><\/figure>\n<\/div><\/div><\/div>\n\n
    \n

    2<\/sup> Have already invested or are actively looking for opportunities<\/em>
    3<\/sup> Includes some investors initially based abroad but with a direct and significant presence in Quebec<\/em><\/p>\n<\/div><\/div>\n\n

    \n
    <\/div>\n<\/div><\/div>\n\n
    \n

    Quebec<\/strong> public funding and grants available to EST businesses<\/h3>\n<\/div><\/div>\n\n
    \n

    Many public funding programs and grants are also available at the municipal level or from government-related corporations, a number of which are particularly well suited for EST businesses.<\/p>\n<\/div><\/div>\n\n

    \n

    The following diagram shows the programs most relevant to the EST sector and indicates the technology readiness level (TRL4<\/sup>) and stage of development5<\/sup> they address:<\/p>\n<\/div><\/div>\n\n

    \n
    \"\"<\/figure>\n<\/div><\/div><\/div>\n\n
    \n
    \"\"<\/figure>\n<\/div><\/div><\/div>\n\n
    \n

    4<\/sup> The different levels of readiness are detailed in the Appendices of the full report<\/em>
    5<\/sup> The different stages of development are detailed in the Appendices of the full report<\/em>
    *Technology readiness level: system og mesurement used to evaluate the readiness level of a technology.<\/em><\/p>\n<\/div><\/div>\n\n

    \n

    The details for each program shown in the above diagrams are as follows:<\/p>\n<\/div><\/div>\n\n

    \n

    Programme d\u2019aide \u00e0 la recherche et au transfert (PART – college-level research)<\/a><\/h4>\n<\/div><\/div>\n\n
    \n