The Quantum Technologies innovation funding program
Overview
The Quantum Technologies Innovation Funding Program supports collaborative research projects between at least two Quebec-based companies in the field of quantum technologies, offering a maximum funding amount of $1.5 million per project. Eligible activities include research and development efforts that leverage the latest advancements in quantum technologies to create value and establish Quebec as a leader in this sector.
At a glance
Funding available
- Integrate new technologies
- Research and experimental development
- Reduce the ecological footprint
- Maximum amount : 1,500,000 $
- Up to 35% of project cost
- Closing date : March 23, 2026
Eligible candidates
- Professional, scientific and technical services
- Quebec
- For-profit business
- All revenue ranges
- 249 employees maximum
- Startups
Activities funded
This funding program is designed to support research and development projects in the field of quantum technologies by fostering collaboration among companies. Eligible activities focus on advancing quantum technology innovations in Quebec.
- Collaborative research projects involving a minimum of two Quebec-based companies, including at least one SME or startup.
- Initiatives that demonstrate a sharing of costs, benefits, and intellectual property related to quantum technology innovation.
- Projects where each participating company contributes expertise and resources (financial or human) towards the research project.
Eligibility
Eligibility for this grant requires that the applying businesses meet specific criteria regarding their legal status, location, and operations.
- Applicants must be legally incorporated under Canadian federal or Quebec provincial laws and registered with the Quebec Enterprise Register.
- Applicants must have their headquarters located in Quebec, with their employees or subcontractors primarily working from Quebec.
- Businesses must have 249 employees or fewer to qualify as a small or medium-sized enterprise (SME).
- Applicants must not be more than 50% owned by other companies.
- Businesses must possess the rights to use the intellectual property of their product, process, or service.
- Applicants must have assets valued at less than 50 million dollars.
Who is eligible?
The funding program for Quantum Technologies is specifically for groups of companies that have collaborative research projects within the quantum technology sector. These projects must involve at least two Quebec-based companies, including at least one small or medium enterprise (SME) or a startup. Moreover, universities or academic bodies are not the primary target, as they have other avenues of funding like the PSO program. To qualify, businesses must be legally registered in Quebec, have their headquarters in the province, employ workers primarily from Quebec, and meet certain criteria based on size and financial status.
Who is not eligible
The funding program does not specify any particular types of companies or industries that are ineligible to apply, based on the status or main activity of the company. However, eligibility is tailored to support strategic collaborations in quantum technologies as per their criteria.
Eligible expenses
The grant supports expenses that are necessary for executing the research project collaboration in quantum technologies.
- Expenses incurred by a public research center if they make up at least 20% of the eligible project expenses.
- Expenses for access to quantum computing platforms through PINQ2, Calcul Québec, and DistriQ.
Eligible geographic areas
This grant is intended for companies that have a significant presence in Quebec, ensuring that funded projects contribute to the development of the technological ecosystem within the region. Eligible applicants must have their headquarters or primary operations within this province.
- Companies based in Quebec, Canada.
How to apply
Get in touch with an advisor
Additional information
Here are additional relevant details for this grant:
- Projects can continuously be submitted by academic actors under the PSO program, as the academic component is no longer available under this specific quantum technologies program.
- Management fees apply to 5% of eligible expenses.
- The grant status is currently open with no specific deadline yet announced for applications.
- A maximum reimbursement of $1.5 million per project is included, covering management fees.
- Funding is provided for up to 35% of eligible expenses for SMEs and large companies, and up to 50% for startups.
- The grant percentage increases to 50% if certain conditions regarding eligible public research center expenses or quantum computing platform access are met.
- Eligible expenses might be additionally eligible for tax credits, such as the SR&ED tax credit.
