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Impulsion Fund
Early-stage funding for high-potential innovative Quebec startups
Last Update: March 3, 2026
Funding available
$ 250,000 - $ 2,000,000
Timeline
- Open continuously
Location
Quebec, Canada
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.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Develop strategic partnerships
- Access new markets
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
Next Steps
1
Determine your project
2
Validate your eligibility
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.
Eligibility
Who is eligible?
- Innovative early-stage companies with high growth potential, regardless of industry sector
Eligible geographic areas
- Quebec
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.
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.
What is the Impulsion Fund?
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.
How much funding can be received?
Impulsion Fund Funds up to $2,000,000 of admissible expenses.
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
What expenses are eligible under Impulsion Fund?
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.
Who can I contact for more information about the Impulsion Fund?
You can contact Investissement Québec (IQ).
Where is the Impulsion Fund available?
The Impulsion Fund program is available the province of Quebec.
Is the Impulsion Fund a grant, loan, or tax credit?
Impulsion Fund is a Loans and Capital investments