{"id":3389,"date":"2025-01-17T16:25:16","date_gmt":"2025-01-17T21:25:16","guid":{"rendered":"https:\/\/promptinnov.com\/?page_id=3389"},"modified":"2025-09-24T13:52:58","modified_gmt":"2025-09-24T18:52:58","slug":"faq","status":"publish","type":"page","link":"https:\/\/promptinnov.com\/en\/faq\/","title":{"rendered":"FAQ"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Eligibility<\/h2>\n\n\n<section class=\"block-accordions-group accordion-container aligndefault\">\n  \n<div id=\"research-partners-who-is-eligible-for-programs-with-an-academic-stream\" class=\"accordion ac\">\n  <div class=\"accordion__accordion\">\n    <button class=\"accordion__header-row accordion-toggle ac-header ac-trigger\">\n      <h2 class=\"accordion__header__title\">        Research partners: Who is eligible for programs with an academic stream?      <\/h2>      <span class=\"accordion__header__icon\" role=\"presentation\">\n        <span class=\"plus\"><\/span>\n      <\/span>\n    <\/button>\n    <div class=\"accordion__sub-rows wysiwyg ac-panel\">\n      \n\n<p>To apply for collaborative programs with an academic stream, eligible research partners must be based in Quebec and include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Universities and associated research centers;<\/li>\n\n\n\n<li>CEGEPs and CCTTs;<\/li>\n\n\n\n<li>Public research centers recognized by the MEIE, including the National Research Council Canada (NRC) and <em>Centre de recherche informatique de Montr\u00e9al<\/em> (CRIM).&nbsp;<strong><a href=\"https:\/\/www.quebec.ca\/entreprises-et-travailleurs-autonomes\/aide-financiere\/attestations-mesures-fiscales\/reconnaissance-centre-recherche-public#c278756\" data-type=\"link\" data-id=\"https:\/\/www.quebec.ca\/entreprises-et-travailleurs-autonomes\/aide-financiere\/attestations-mesures-fiscales\/reconnaissance-centre-recherche-public#c278756\" target=\"_blank\" rel=\"noreferrer noopener\">SEE THE COMPLETE LIST OF ELIGIBLE PUBLIC RESEARCH CENTERS HERE.<\/a><\/strong><\/li>\n<\/ul>\n\n    <\/div>\n  <\/div>\n<\/div>\n\n\n<div id=\"obtaining-funding-from-prompt-what-are-the-steps-involved\" class=\"accordion ac\">\n  <div class=\"accordion__accordion\">\n    <button class=\"accordion__header-row accordion-toggle ac-header ac-trigger\">\n      <h2 class=\"accordion__header__title\">        Obtaining funding from Prompt: what are the steps involved?      <\/h2>      <span class=\"accordion__header__icon\" role=\"presentation\">\n        <span class=\"plus\"><\/span>\n      <\/span>\n    <\/button>\n    <div class=\"accordion__sub-rows wysiwyg ac-panel\">\n      \n\n<p>The financing process consists of four steps.<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Eligibility criteria<\/strong><br>Make sure you meet the eligibility criteria:\n<ul class=\"wp-block-list\">\n<li>Company more than 50% owned by Quebec residents;<\/li>\n\n\n\n<li>Demonstrate socio-economic benefits in Quebec and outside Quebec;<\/li>\n\n\n\n<li>Demonstrate the technological uncertainty and risks of the project;<\/li>\n\n\n\n<li>Demonstrate financial capacity complementary to available grants;<\/li>\n\n\n\n<li>The applied ICT R&amp;D project must be carried out in Quebec at a rate of 95%.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Contact us<br><\/strong>Contact Prompt via our <a href=\"https:\/\/promptinnov.com\/en\/services\/\" data-type=\"page\" data-id=\"3375\">contact form<\/a>.<\/li>\n\n\n\n<li><strong>Discussion with an advisor<br><\/strong>A Prompt advisor will contact you to:\n<ul class=\"wp-block-list\">\n<li>Assess your company&#8217;s potential eligibility based on the program&#8217;s basic criteria and eligibility requirements;<\/li>\n\n\n\n<li>Identify funding and verify your project&#8217;s eligibility.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Funding<br><\/strong>Once your project has been approved, Prompt will assist you with administrative and financial follow-up, such as accessing funding, claiming expenses, submitting reports, etc.<\/li>\n<\/ol>\n\n    <\/div>\n  <\/div>\n<\/div>\n\n<\/section>\n\n\n\n<h2 class=\"wp-block-heading\">Definitions<\/h2>\n\n\n<section class=\"block-accordions-group accordion-container aligndefault\">\n  \n<div id=\"how-does-prompt-differ-from-other-funding-organizations\" class=\"accordion ac\">\n  <div class=\"accordion__accordion\">\n    <button class=\"accordion__header-row accordion-toggle ac-header ac-trigger\">\n      <p class=\"accordion__header__title\">        How does Prompt differ from other funding organizations?      <\/p>      <span class=\"accordion__header__icon\" role=\"presentation\">\n        <span class=\"plus\"><\/span>\n      <\/span>\n    <\/button>\n    <div class=\"accordion__sub-rows wysiwyg ac-panel\">\n      \n\n<p>We finance innovative digital technology projects that meet the specific needs of SMEs. By promoting a collaborative model, Prompt stimulates innovation in businesses and the research community through funding provided upstream of the innovation\/R&amp;D phase.<\/p>\n\n\n\n<p>We offer funding opportunities in areas of innovation such as cybersecurity, artificial intelligence (AI), manufacturing productivity, greenhouse gas reduction, collaborative research, and quantum technologies.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/promptinnov.com\/en\/services\/\">Discover our financing programs<\/a><\/div>\n<\/div>\n\n    <\/div>\n  <\/div>\n<\/div>\n\n\n<div id=\"technology-readiness-level-trl-what-does-this-mean\" class=\"accordion ac\">\n  <div class=\"accordion__accordion\">\n    <button class=\"accordion__header-row accordion-toggle ac-header ac-trigger\">\n      <p class=\"accordion__header__title\">        Technology Readiness Level (TRL): what does this mean?      <\/p>      <span class=\"accordion__header__icon\" role=\"presentation\">\n        <span class=\"plus\"><\/span>\n      <\/span>\n    <\/button>\n    <div class=\"accordion__sub-rows wysiwyg ac-panel\">\n      \n\n<p>The TRL scale (Technology Readiness Level) is a measurement system ranging from 1 to 9, used to assess the maturity level of a technology (hardware, components, peripherals, etc.), particularly with a view to financing research and development or integrating this technology into an operational system or subsystem.&nbsp;<strong><a href=\"https:\/\/ised-isde.canada.ca\/site\/innovation-canada\/en\/technology-readiness-levels\" target=\"_blank\" rel=\"noreferrer noopener\">READ THE DEFINITIONS ACCORDING TO THE GOVERNMENT OF CANADA.<\/a><\/strong><\/p>\n\n    <\/div>\n  <\/div>\n<\/div>\n\n\n<div id=\"how-do-you-define-the-following-categories-of-businesses-smes-startups-large-companies\" class=\"accordion ac\">\n  <div class=\"accordion__accordion\">\n    <button class=\"accordion__header-row accordion-toggle ac-header ac-trigger\">\n      <p class=\"accordion__header__title\">        How do you define the following categories of businesses: SMEs, startups, large companies?      <\/p>      <span class=\"accordion__header__icon\" role=\"presentation\">\n        <span class=\"plus\"><\/span>\n      <\/span>\n    <\/button>\n    <div class=\"accordion__sub-rows wysiwyg ac-panel\">\n      \n\n<ul class=\"wp-block-list\">\n<li>A large company has 250 or more employees.<\/li>\n\n\n\n<li>An SME or startup has 249 or fewer employees.<\/li>\n<\/ul>\n\n    <\/div>\n  <\/div>\n<\/div>\n\n<\/section>\n\n\n\n<h2 class=\"wp-block-heading\">Terms<\/h2>\n\n\n<section class=\"block-accordions-group accordion-container aligndefault\">\n  \n<div id=\"rd-tax-credits-will-my-project-be-eligible\" class=\"accordion ac\">\n  <div class=\"accordion__accordion\">\n    <button class=\"accordion__header-row accordion-toggle ac-header ac-trigger\">\n      <p class=\"accordion__header__title\">        R&amp;D tax credits: will my project be eligible?      <\/p>      <span class=\"accordion__header__icon\" role=\"presentation\">\n        <span class=\"plus\"><\/span>\n      <\/span>\n    <\/button>\n    <div class=\"accordion__sub-rows wysiwyg ac-panel\">\n      \n\n<p>Visit the <a href=\"https:\/\/www.revenuquebec.ca\/en\/citizens\/tax-credits\/tax-credits-for-scientific-research-and-experimental-development-rd\/\" data-type=\"link\" data-id=\"https:\/\/www.revenuquebec.ca\/en\/citizens\/tax-credits\/tax-credits-for-scientific-research-and-experimental-development-rd\/\" target=\"_blank\" rel=\"noreferrer noopener\">REVENU QU\u00c9BEC<\/a> website or consult your tax advisor for more details.<\/p>\n\n    <\/div>\n  <\/div>\n<\/div>\n\n\n<div id=\"prompt-management-fees-what-are-they\" class=\"accordion ac\">\n  <div class=\"accordion__accordion\">\n    <button class=\"accordion__header-row accordion-toggle ac-header ac-trigger\">\n      <p class=\"accordion__header__title\">        Prompt management fees: what are they?      <\/p>      <span class=\"accordion__header__icon\" role=\"presentation\">\n        <span class=\"plus\"><\/span>\n      <\/span>\n    <\/button>\n    <div class=\"accordion__sub-rows wysiwyg ac-panel\">\n      \n\n<p>For each supported project, management and communication fees of up to 5% will apply.<\/p>\n\n    <\/div>\n  <\/div>\n<\/div>\n\n\n<div id=\"\" class=\"accordion ac\">\n  <div class=\"accordion__accordion\">\n    <button class=\"accordion__header-row accordion-toggle ac-header ac-trigger\">\n      <p class=\"accordion__header__title\">              <\/p>      <span class=\"accordion__header__icon\" role=\"presentation\">\n        <span class=\"plus\"><\/span>\n      <\/span>\n    <\/button>\n    <div class=\"accordion__sub-rows wysiwyg ac-panel\">\n      \n\n<p>Two fund management options are available, depending on the program:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Project managed by the company: \n<ul class=\"wp-block-list\">\n<li>Grant paid to the company Internal expertise to develop innovation (or with a partner company)<\/li>\n\n\n\n<li> Preparation of the funding application and management of reporting<\/li>\n\n\n\n<li>Management of subcontractors<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Project managed by the research center: \n<ul class=\"wp-block-list\">\n<li>Expertise of world-class research teams <\/li>\n\n\n\n<li>Greater financial leverage (1 to 4) <\/li>\n\n\n\n<li>Collaboration with students with cutting-edge expertise who are likely to join your organization <\/li>\n\n\n\n<li>Application submission, administrative and financial management handled by the academic partner <\/li>\n\n\n\n<li>Acquisition of cutting-edge technology without disrupting the company&#8217;s daily operations<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<p>Contact our team to find out which program best suits your needs.<\/p>\n\n    <\/div>\n  <\/div>\n<\/div>\n\n<\/section>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<h2 class=\"wp-block-heading\">Main Partner<\/h2>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image alignright size-full\"><img decoding=\"async\" width=\"497\" height=\"211\" src=\"https:\/\/promptinnov.com\/wp-content\/uploads\/2025\/07\/QUEBEC_Participation_Web_Coul_ANG.png\" alt=\"\" class=\"wp-image-3139\" srcset=\"https:\/\/promptinnov.com\/wp-content\/uploads\/2025\/07\/QUEBEC_Participation_Web_Coul_ANG.png 497w, https:\/\/promptinnov.com\/wp-content\/uploads\/2025\/07\/QUEBEC_Participation_Web_Coul_ANG-300x127.png 300w\" sizes=\"(max-width: 497px) 100vw, 497px\" \/><\/figure>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Eligibility Definitions Terms<\/p>\n","protected":false},"author":3,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"template-sidebar.php","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-3389","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/promptinnov.com\/en\/wp-json\/wp\/v2\/pages\/3389","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/promptinnov.com\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/promptinnov.com\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/promptinnov.com\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/promptinnov.com\/en\/wp-json\/wp\/v2\/comments?post=3389"}],"version-history":[{"count":4,"href":"https:\/\/promptinnov.com\/en\/wp-json\/wp\/v2\/pages\/3389\/revisions"}],"predecessor-version":[{"id":4279,"href":"https:\/\/promptinnov.com\/en\/wp-json\/wp\/v2\/pages\/3389\/revisions\/4279"}],"wp:attachment":[{"href":"https:\/\/promptinnov.com\/en\/wp-json\/wp\/v2\/media?parent=3389"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}