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Impulsion Fund

Q: How much funding can be received?

Impulsion Fund Funds up to 2000000% of admissible expenses.

Q: What is the deadline to apply?

The program is accepting continuous intake

Q: Is the Impulsion Fund a grant, loan, or tax credit?

Impulsion Fund is a Loans and Capital investments

Q: Who are the financial supporters of the Impulsion Fund?

Impulsion Fund is funded by Investissement Québec (IQ)

Q: Who is eligible for the Impulsion Fund program?

To be eligible for the Impulsion Fund program, you must: • Located in Quebec • At pre-seed or seed stage • Referred by a program partner

Q: Who can I contact for more information about the Impulsion Fund?

You can contact Investissement Québec (IQ).

Q: Where is the Impulsion Fund available?

The Impulsion Fund program is available the province of Quebec.

Q: Are startups eligible for the Impulsion Fund program?

Yes, startups are eligible to apply for the Impulsion Fund program.

Last Update: November 26, 2025

QC, Canada

Early-stage funding for high-potential innovative Quebec startups

Loans and Capital investments

Investissement Québec

At a glance

Funding available

Financing goals

No objectives are currently available

Eligible Funding

Maximum amount : 2,000,000 $
Minimum amount : 250,000 $

Timeline

Unspecified

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

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.

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

Companies located in Quebec.

How to apply

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

Prepare investment documentation

Identify a lead investor for your current funding round
Prepare necessary documentation related to your business and funding needs

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

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.

Apply to this program

Frequently Asked Questions about the Impulsion Fund Program

Here are answers to the most common questions about the Impulsion Fund. 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.