How much funding can be received?

Funds up to 30% of admissible expenses, capped at $150000 per project.

What is the deadline to apply?

The program is accepting continuous intake

Who are the financial supporters of the Innovation in Quantum Technologies — Stream 2?

Innovation in Quantum Technologies — Stream 2 is funded by Gouvernement du Québec, Ministère de l'économie, de l'innovation et de l'énergie du Québec (MEIE)

What are Innovation in Quantum Technologies — Stream 2's eligibility criterias?

The company must be legally constituted under applicable federal or Quebec laws and registered with the Quebec Enterprise Register. The company must have its head office in Quebec, with employees or subcontractors primarily working from Quebec. The company should have been established for more than five years, employ 249 or fewer employees, and have assets under $50 million.

Innovation in Quantum Technologies — Stream 2

grant_single|update January 24, 2025

QC, Canada

Support for SMEs to develop processes or products in quantum technologies

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grant_single|openingDate January 31, 2024
grant_single|closingDate May 30, 2024

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Grant and Funding

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Gouvernement du Québec
Ministère de l'économie, de l'innovation et de l'énergie du Québec (MEIE)

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Get a maximum of $150,000 to cover up to 30% of eligible expences (50% for demonstration of technology showcase) for a quantum technology project from the planning to the pre-commercialisation stage.

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This grant outlines specific financial support conditions aimed at fostering innovation in quantum technologies for SMEs in Quebec. The funding is designed to assist projects transitioning from planning to pre-commercialization stages.

Maximum financial aid of $150,000 per project.
Maximum aid rate of 30% of eligible expenses, increasing to 50% for real-use demonstrations or technology showcases.
Maximum accumulation of government aid up to 50% of total project expenses, rising to 75% for real-use demonstrations or technology showcases.
Funding period not exceeding two years.

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This grant supports innovation projects in quantum technologies for small and medium-sized enterprises (SMEs). Eligible projects focus on developing or significantly improving products or processes with potential commercial benefits.

Development of new quantum technology products or processes.
Significant improvement of existing quantum technology products or processes.
Projects with technological or business risks and uncertainties.
Projects requiring substantial research and development efforts.
Projects demonstrating a clear market advantage and potential commercial viability.

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$ 150,000

Pre-commercial stage quantum computing infrastructure design for financial modeling

$ 150,000

Development of a quantum-enhanced medical imaging system for early cancer detection

$ 150,000

Development of a new quantum encryption software for secure communications

$ 135,000

Enhancement of quantum sensors for industrial process optimization in manufacturing

$ 150,000

Creation of a quantum computing platform for drug discovery and molecular simulation

$ 120,000

Development of quantum sensors for precision agriculture and soil analysis

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Eligibility for this grant is determined by specific requirements related to the applicant's business structure and focus on quantum technology development.

The business must be legally constituted according to federal or Quebec laws and registered with the Quebec Business Register.
The business must have its headquarters in Quebec, with employees or subcontractors primarily operating from Quebec.
The business must be classified as a small or medium-sized enterprise (SME) with more than five years of incorporation.
The business must employ 249 employees or fewer.
The business must have assets less than 50 million dollars.

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The eligible applicants for stream 2 of this grant are Quebec-based SMEs in quantum technologies aiming at production or internal research and development of goods and services.

SMEs legally constituted according to federal or Quebec laws and registered with the Quebec business register.
SMEs with their head office located in Quebec, primarily employing individuals working in or subcontracting from Quebec.
SMEs established as corporations with more than five years of operation.
SMEs with fewer than 250 employees.
SMEs with assets less than 50 million dollars.

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This grant excludes certain companies and entities due to their status or financial standing. The restrictions ensure that aid is efficiently allocated to eligible enterprises within the strategic scope of quantum technologies.

Companies controlled directly or indirectly by a government, municipal entity, or majority-owned by a state corporation.
Enterprises under protection of the Companies’ Creditors Arrangement Act or the Bankruptcy and Insolvency Act.
Businesses listed in the register of enterprises ineligible for public contracts.
Companies that previously defaulted on their obligations concerning past financial aid from the Ministry of Economy, Innovation and Energy.

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This grant supports innovation projects within the quantum technologies sector, focusing on product and process innovation from planning to pre-commercial stages. Eligible projects contribute to the advancement and commercialization of new or significantly improved quantum technologies.

Development of new or improved quantum computing technologies, including computers, software, and algorithms.
Advancements in quantum communication technologies, such as quantum cryptography and networks.
Innovation in quantum materials, including the simulation or creation of new materials with unique quantum properties.
Development of quantum metrology and detection devices, utilizing quantum principles for precise measurement and manipulation.
Projects that involve the use of quantum technologies in life sciences, particularly in drug development and medical applications.
Initiatives targeting sustainable development, such as the use of quantum detectors for resource exploration.
Applications in transport and logistics, including advanced materials for vehicles and optimization tools for supply chains.

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This grant is aimed at companies that have their operational bases in specific geographical regions as determined by the eligibility criteria. Eligible companies must be registered and have their main operations in a defined area to ensure compliance with the grant’s objectives.

Businesses must have their headquarters in Québec, Canada.
Employees or contractors must primarily work from within Québec.

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The evaluation and selection criteria for this grant focus on the project's alignment with the objectives of innovation in quantum technologies, demonstrating significant advancement over existing solutions, and showcasing commercial potential while complying with the required eligibility conditions.

Alignment with the objectives of developing and consolidating efforts in quantum technologies.
Significant advancement in the product or process compared to existing market solutions.
Commercial potential of the product or process being developed (if intended for sale).
Technological or business risk involved in the project.
Efforts necessitated in research and development.
Adherence to eligibility conditions such as being a legally constituted PME with its base in Quebec, having fewer than 249 employees, and an asset base of less than 50 million dollars.
Financial feasibility, including compliance with the maximum aid amount and rate, as well as adherence to the cumulative government aid limits.
Potential for creating economic impact and supporting the competitive positioning of Quebec in quantum technologies.

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Here are additional relevant details for this grant:

The grant can be combined with other public funding, provided that a maximum funding cap is not exceeded.
The grant provides up to 30% coverage of eligible expenses, unless the project involves real-world demonstration or a technology showcase, which qualifies for up to 50%.
Total government assistance cannot exceed 50% of the total project expenses, except for demonstrations or showcases, where it can reach 75%.
The funded project must be completed within a maximum duration of two years.