The Quantum Technologies innovation funding program

• Letter of intent, sent at least 3 weeks before the deadline.
• Signed project submission letter for each participating company.
• Signed funding application form.
• Financial statements or forecasts, cash-flow projections, and updated financial forecasts.
• Supporting documents such as the startup incubator or accelerator commitment letter, service offers, partner commitment letters, CVs, and applicable compliance documents.

Who is eligible?

• Quebec-based SMEs.
• Quebec-based startups.
• Other Quebec companies involved in collaborative quantum technology projects.

Who is not eligible

• Companies registered in the public contracts non-eligible registry or on the francisation non-compliance list.
• Government-controlled or majority state-owned companies.
• Holding companies.
• Businesses mainly active in weapons, fossil fuels, gambling, violent games, sexual exploitation, or tobacco or drug-related activities.
• Businesses under bankruptcy or creditor protection proceedings.

Eligible expenses

• Professional services, subcontracting, and specialized consulting.
• Project labour costs, including salaries, benefits, and management fees.
• Travel, materials, inventory, equipment, and equipment rental.
• Studies, documentation, and intellectual property protection or licensing costs.
• Certification or homologation costs, incubation support fees, and technology showcase expenses.

Ineligible Costs and Activities

• Costs incurred before the complete application is submitted, including committed contracts.
• Debt service, capital replacement, normal operating costs, and recurring software subscriptions.
• Land, building acquisition, construction, expansion, and related works.
• Related-party transactions, sales taxes, and expenses for maintaining intellectual property.
• Non-cash in-kind costs above the allowed limit, Mitacs scholarships, and commercialisation costs outside the approved demonstration context.

Eligible geographic areas

• Quebec

• The Ministry sends an electronic acknowledgment within 5 business days of submission.
• Applications first undergo an administrative eligibility review.
• Eligible files are then reviewed scientifically, technologically, and economically by sector-based committees.
• A national security risk review may be carried out, and additional information may be requested.
• Selected projects are published online, and approved applicants sign a funding agreement that sets out payment terms and reporting obligations.

• The academic stream is no longer available under this program.
• The Ministry publishes the list of selected projects on its website.
• Successful applicants must sign a funding agreement before support is confirmed.
• Projects can be subject to national security risk review and additional information requests.