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Impulsion Fund
Last Update: March 3, 2026
Quebec, Canada
Early-stage funding for high-potential innovative Quebec startups
Loans and Capital investments
Overview
The Impulsion Fund provides venture capital investments of up to $2 million to innovative, high-growth startups in Quebec at the pre-seed and seed stages. The program supports companies with their first major fundraising, offering both financial backing and strategic guidance to accelerate business development.
At a glance
Funding available
Financing goals
- Develop strategic partnerships
- Selling in a new market
Eligible Funding
- Maximum amount : 2,000,000 $
- Minimum amount : 250,000 $
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- All industries
Location
- Quebec
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Startups
Activities funded
- Early-stage financing for innovative startups with high growth potential.
- Support for companies during pre-seed and seed funding rounds.
- Acceleration of local company growth through access to strategic networks and guidance.
Examples of admissible projects:
$ 48,000
Launching an online platform for local artisanal food deliveries
$ 7,500
Community workshop to train youth in basic electronics repair
$ 75,000
Upgrading production facilities with new energy-efficient machinery
Eligibility
- The company must be located in Quebec.
- The company must be in the pre-seed or seed stage.
- The business must demonstrate strong growth potential and have an innovative aspect, regardless of its sector.
- The company must have identified a lead investor for the current funding round.
- The company must be referred by one of the fund's established partners.
Who is eligible?
- Innovative early-stage companies with high growth potential, regardless of industry sector
Eligible geographic areas
- Quebec
How to apply
1
Verify eligibility criteria
- Ensure your business is located in Quebec
- Confirm your business is in the pre-seed or seed phase
- Verify your business has high growth potential and innovative aspects
2
Prepare investment documentation
- Identify a lead investor for your current funding round
- Prepare necessary documentation related to your business and funding needs
3
Obtain partner referral
- Ensure your project is referred by one of the fund’s partners, such as incubators or accelerators
- If you are already accompanied by a partner, use their support to facilitate your introduction
4
Submit project for consideration
- Submit your project proposal through the referring partner
- If you lack a connection, contact the fund directly for guidance
Additional information
- Investment is made alongside a lead investor identified by the applicant company.
- Reinvestment in subsequent funding rounds is possible.
- Applicants are encouraged to seek referrals through an established partner network, such as incubators or accelerators in Quebec.
- Customized strategic support is provided beyond the initial financing stage.
