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Financing of Refundable Tax Credits - Quebec - Canada
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Financing of Refundable Tax Credits

Tax credit advance loan in Quebec
Investissement Québec (IQ)
Gouvernment of Québec
Last Update: March 3, 2026
Funding available
$ 50,000
Timeline
  • Open continuously
Location
Quebec, Canada

Overview

The Financing of Refundable Tax Credits program offers financial aid covering up to 100% of eligible tax credits, with a minimum loan guarantee of $50,000. It aims to assist businesses involved in activities like scientific research, digital transformation, and knowledge-based economic development.

/100
Opportunity Score
Moderate potential, but conditions must align.

At a glance

Funding available

Financing goals
  • Increase performance through digital transformation
  • Conduct research and development activities
Eligible Funding
  • Maximum amount : 50,000 $
  • Minimum amount : 50,000 $
  • Up to 100% of project cost
Timeline
  • Open continuously

Eligible candidates

Eligible Industries
  • Manufacturing
  • Information and cultural industries
  • 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

The grant supports projects that are eligible for refundable tax credits according to tax legislation in Québec. These initiatives span various economic activities including scientific research, digital transformation, and industrial advancements.

  • Tax credits for scientific research and experimental development (SR&ED).
  • Tax credits for the digital transformation of print media companies.
  • Tax credits related to the knowledge-based economy, such as the Development of E-Business (CDAE) and Production of Multimedia Titles (PMT).
  • Tax credits related to payroll for Gaspésie and certain maritime regions of Québec (GAS).
  • Other tax credits, such as investment in manufacturing and processing equipment, construction or conversion of vessels (CTN), technological adaptation services (SAT), and tax credits for the integration of IT (CTIM).

Eligibility

Who is eligible?

Yes, there are eligible types of companies for this grant. The financing solutions provided by Investissement Québec are designed for businesses that qualify for specific refundable tax credits as per tax legislation.

  • Businesses eligible for scientific research and experimental development (SR&ED) tax credits
  • Businesses involved in the digital transformation of print media companies
  • Businesses within the knowledge-based economy sector, such as those developing E-Business (CDAE) or producing Multimedia Titles (PMT)
  • Businesses eligible for payroll-related tax credits in Gaspésie and Certain Maritime Regions of Québec (GAS)
  • Businesses investing in manufacturing and processing equipment
  • Businesses involved in the construction or conversion of vessels (CTN)
  • Businesses using technological adaptation services (SAT)
  • Businesses integrating IT systems (CTIM)

Eligible expenses

This financing solution supports projects eligible for various refundable tax credits in Quebec, aimed at research, digital transformation, economic development, and more. These activities reflect government incentives to foster innovation and economic growth in specific sectors.

  • Scientific research and experimental development (SR&ED).
  • Digital transformation of print media companies.
  • Development of E-Business under the knowledge-based economy.
  • Production of Multimedia Titles.
  • Projects related to payroll in Gaspésie and certain maritime regions of Québec.
  • Investment for manufacturing and processing equipment.
  • Construction or conversion of a vessel.
  • Technological adaptation services.
  • Integration of IT and other specific refundable tax credit projects.

Eligible geographic areas

This grant primarily targets businesses located in the province of Québec, as the funding body, Investissement Québec, focuses its support on this region. The specified tax credits are aimed at fostering economic development within Québec's diverse industries.

  • Businesses operating within the province of Québec.

Additional information

This grant provides immediate liquidity by transforming future refundable tax credits into cash, offering support primarily to businesses in Québec. The financing terms are flexible, and various types of projects and tax credits are eligible for this financial assistance.

  • Guaranteed repayment of the net loss suffered by a financial institution that granted a loan.
  • Loan guarantees with variable conditions depending on the business’s situation.
  • The usual securities are required.

Documents and links

Financing of Refundable Tax Credits

Contacts

1-844-474-6367

Frequently Asked Questions about the Financing of Refundable Tax Credits Program

Here are answers to the most common questions about the Financing of Refundable Tax Credits. 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 Financing of Refundable Tax Credits?

The Financing of Refundable Tax Credits program offers financial aid covering up to 100% of eligible tax credits, with a minimum loan guarantee of $50,000. It aims to assist businesses involved in activities like scientific research, digital transformation, and knowledge-based economic development.

How much funding can be received?

Financing of Refundable Tax Credits Funds up to 100% of admissible expenses, capped at $50,000 per project.

Who is eligible for the Financing of Refundable Tax Credits program?

To be eligible for the Financing of Refundable Tax Credits program, you must: Your business is eligible for tax credit financing if it qualifies for a refundable tax credit. Your business must submit a cash budget that will be deemed sufficient to support the business’s operations.

What expenses are eligible under Financing of Refundable Tax Credits?

The grant supports projects that are eligible for refundable tax credits according to tax legislation in Québec. These initiatives span various economic activities including scientific research, digital transformation, and industrial advancements. Tax credits for scientific research and experimental development (SR&ED). Tax credits for the digital transformation of print media companies. Tax credits related to the knowledge-based economy, such as the Development of E-Business (CDAE) and Production of Multimedia Titles (PMT). Tax credits related to payroll for Gaspésie and certain maritime regions of Québec (GAS). Other tax credits, such as investment in manufacturing and processing equipment, construction or conversion of vessels (CTN), technological adaptation services (SAT), and tax credits for the integration of IT (CTIM).

Who can I contact for more information about the Financing of Refundable Tax Credits?

You can contact Investissement Québec (IQ) or by phone at 1-844-474-6367.

Where is the Financing of Refundable Tax Credits available?

The Financing of Refundable Tax Credits program is available the province of Quebec.

Is the Financing of Refundable Tax Credits a grant, loan, or tax credit?

Financing of Refundable Tax Credits is a Tax Credits

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