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Research, Innovation and Commercialization Tax Credit (CRIC)
Refundable tax credit for Québec innovation activities
Last Update: March 4, 2026
Funding available
$ 50,000 - $ 1,000,000
Timeline
- Open Date : March 26, 2025
Location
Quebec, Canada
Overview
The CRIC offers a refundable tax credit of up to 30% on eligible expenses, with a maximum of $1 million. It supports R&D and pre-commercialization activities carried out in Québec.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Develop a new product or service
- Conduct research and development activities
Eligible Funding
- Maximum amount : 1,000,000 $
- Minimum amount : 50,000 $
- Up to 30% of project cost
Timeline
- Open Date : March 26, 2025
Eligible candidates
Eligible Industries
- Manufacturing
- Professional, scientific and technical services
Location
- Quebec
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Startups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Scientific research and experimental development projects.
- Pre-commercialization work such as testing, validation, and studies for regulatory approval.
- Product design linked to prior Québec R&D work.
Documents Needed
- Prescribed CRIC form (RD-1029.8.CR-T)
- Corporate income tax return
Eligibility
Who is eligible?
- Corporations operating a business in Québec.
- Corporations carrying out R&D activities in Québec.
- Corporations carrying out pre-commercialization activities in Québec.
Who is not eligible
- Tax-exempt corporations.
- Canadian Crown corporations and their wholly controlled subsidiaries.
- Corporations that claim another Québec tax credit for the same expenditure.
- Corporations holding an initial certificate for a large investment project for related property costs.
Eligible expenses
- Salaries or wages paid to employees.
- 50% of subcontractor payments.
- 50% of payments to eligible research centres, consortia, or university entities.
- Equipment acquisition costs, excluding buildings and land.
Ineligible Costs and Activities
- Costs for buildings, land, or rights to use buildings or land.
- Expenses already claimed under another Québec tax credit for the same expenditure.
- Property used or acquired for a large investment project covered by an initial qualification certificate.
Eligible geographic areas
- Quebec
Processing and Agreement
- The prescribed form must be completed and attached to the corporate income tax return.
- The claim is filed with Revenu Québec as part of the return.
- The form will be made available in 2025.
Additional information
- The prescribed form will be available in 2025.
- Quebec R&D definitions are harmonized with federal rules.
- The CRA conducts the scientific review of R&D work.
Frequently Asked Questions about the Research, Innovation and Commercialization Tax Credit (CRIC) Program
Here are answers to the most common questions about the Research, Innovation and Commercialization Tax Credit (CRIC). This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the Research, Innovation and Commercialization Tax Credit (CRIC)?
The CRIC offers a refundable tax credit of up to 30% on eligible expenses, with a maximum of $1 million. It supports R&D and pre-commercialization activities carried out in Québec.
How much funding can be received?
Research, Innovation and Commercialization Tax Credit (CRIC) Funds up to 30% of admissible expenses, capped at $1,000,000 per project.
Who is eligible for the Research, Innovation and Commercialization Tax Credit (CRIC) program?
To be eligible for the Research, Innovation and Commercialization Tax Credit (CRIC) program, you must:
Business in Québec
Eligible R&D or pre-commercialization work
Activities linked to Québec R&D
What expenses are eligible under Research, Innovation and Commercialization Tax Credit (CRIC)?
Scientific research and experimental development projects.
Pre-commercialization work such as testing, validation, and studies for regulatory approval.
Product design linked to prior Québec R&D work.
Where is the Research, Innovation and Commercialization Tax Credit (CRIC) available?
The Research, Innovation and Commercialization Tax Credit (CRIC) program is available the province of Quebec.
Is the Research, Innovation and Commercialization Tax Credit (CRIC) a grant, loan, or tax credit?
Research, Innovation and Commercialization Tax Credit (CRIC) is a Tax Credits
Who are the financial supporters of the Research, Innovation and Commercialization Tax Credit (CRIC)?
Research, Innovation and Commercialization Tax Credit (CRIC) is funded by Government of Québec