Quebec Cleantech Investment Challenge

Canadian innovation leaders are teaming up to promote investment in Quebec cleantech companies! Four cleantech innovation leaders have teamed up to tackle the problem of access to capital in this sector. The Quebec Cleantech Investment Challenge, supported by HSBC Bank Canada, aims to increase the flow of capital invested in cleantech companies in Quebec, and to prepare private investors and emerging angels interested in the sector. The Challenge is produced by SI Canada, Foresight Canada, Cycle Momentum and Spring Activator. Its objectives are to support 15 cleantech companies looking for investors and to simultaneously help more than 20 investors interested in climate solutions from Quebec and Canada. By the end of the program in June 2023, at least one cleantech company will secure $100,000 in investment to further develop their climate solution. Price Receive up to $100,000 in investor funding to further develop your climate solution. The winner will automatically be eligible to receive a seed grant from Sustainable Development Technology Canada of up to $100,000, in addition to investor funding Other Key Benefits: A dive into the minds of cleantech investors: what they are looking for and what concerns them when investing in start-ups. Structured group discussions with fundraising experts in key areas. One-on-one support with coaches to perfect your presentation and guide you through the process. Online content, worksheets and resources

Grant Deadline

2023-02-17

Funding Amount

$100,000

Type of Grant

Grant, Competitions, Funding, Incubator Accelerator

Sectors

Clean Energy, Clean Tech, Environmental Sustainability

Demographics

Incorporation

For Profit

Perks

Mentorship, Networking, Coaching

Region Restriction

This grant is restricted to whole of Canada

Keywords

Age Restriction

This grant is age restricted from 18 to 100

Eligibility and Requirements

Eligibility

Which companies should register for the program?

– Quebec start-ups in clean technologies seeking to raise funds from impact investors.

– Start-ups in clean technologies and those who want more expertise to grow.

– Entrepreneurs who are committed to making the world a better place and developing solutions to fight climate change.

Selection criteria for start-ups and cleantech entrepreneurs

– Entrepreneur: You work full time and are ready to commit 100% to the program.

– Impact: Your solution has a significant and measurable positive impact on the environment and your company is based in Quebec.

– Business model: You are economically viable, with an attractive return on investment potential. Your potential market is of a significant and reachable size.

– Technology: You have software, a high-tech piece of equipment or an innovative service that addresses a real problem. This tool is innovative, its value is measurable, and you own unique and defensible intellectual property rights.

– In start-up: You are ready to carry out a proof of concept, demonstrate the prototype or demonstrate the beginnings of commercial interest (level of technical readiness from 3 to 6).

Grant Application website

https://cyclemomentum.com/en/zone-entrepreneur/