Closed
Scientific and Innovative Venture Program (SIVP)
Supports researchers launching innovative science-based businesses in Quebec
Last Update: March 4, 2026
Funding available
$ 50,000
Timeline
- Closing date : March 4, 2025
Location
Quebec, Canada
Overview
The Scientific and Innovative Venture Program (SIVP) offers up to $50,000 in funding per year to support PhD holders in launching research-based scientific or innovative businesses in Quebec. The grant supports activities such as business creation, commercialization strategy development, and the advancement of research-driven innovation projects.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Develop strategic partnerships
- Develop a new product or service
- Conduct research and development activities
Eligible Funding
- Maximum amount : 50,000 $
Timeline
- Closing date : March 4, 2025
Eligible candidates
Eligible Industries
- Professional, scientific and technical services
- Educational services
- Health care and social assistance
- Arts, entertainment and recreation
- Other services (except public administration)
- Public administration
Location
- Quebec
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Youth (<40)
- Startups
Next steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Creation or development of a scientific company based on research-derived technology.
- Entrepreneurial projects requiring research and development to advance innovation.
- Transformation of academic research projects into innovative businesses.
Eligibility
Who is eligible?
- Scientific enterprises derived from public research
- Startups centered on innovative research and development projects
- Companies in the fields of science, technology, health, or society and culture
Eligible expenses
- Personal stipend for the individual to dedicate full time to business creation and development (equivalent to a postdoctoral fellowship).
- Expenses related to business strategy, commercialization, business development, partnership building, and market validation activities.
- Costs for acquiring key skills through business coaching, transversal skills coaching, and training in intellectual property management.
Eligible geographic areas
- Quebec
Additional information
- Candidates must attend bi-weekly follow-up meetings with V1 Studio and participate in a quarterly review of objectives.
- An information webinar is available as a recorded resource to assist with preparing an application.
- Annual renewals of the grant are possible and will be evaluated based on progress and updated objectives.
- A final experience report must be submitted to the Fonds de recherche du Québec following the completion of the grant period.
Frequently Asked Questions about the Scientific and Innovative Venture Program (SIVP) Program
Here are answers to the most common questions about the Scientific and Innovative Venture Program (SIVP). 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 Scientific and Innovative Venture Program (SIVP)?
The Scientific and Innovative Venture Program (SIVP) offers up to $50,000 in funding per year to support PhD holders in launching research-based scientific or innovative businesses in Quebec. The grant supports activities such as business creation, commercialization strategy development, and the advancement of research-driven innovation projects.
How much funding can be received?
Scientific and Innovative Venture Program (SIVP) Funds up to $50,000 of admissible expenses.
Who is eligible for the Scientific and Innovative Venture Program (SIVP) program?
To be eligible for the Scientific and Innovative Venture Program (SIVP) program, you must:
The company must be incorporated at the federal or provincial level with its head office in Quebec before the program starts.
The candidate must become a founding member holding more than 15% equity, with founders collectively holding over 50% ownership.
What expenses are eligible under Scientific and Innovative Venture Program (SIVP)?
Creation or development of a scientific company based on research-derived technology.
Entrepreneurial projects requiring research and development to advance innovation.
Transformation of academic research projects into innovative businesses.
Who can I contact for more information about the Scientific and Innovative Venture Program (SIVP)?
You can contact Québec Research Fund (FRQ).
Where is the Scientific and Innovative Venture Program (SIVP) available?
The Scientific and Innovative Venture Program (SIVP) program is available the province of Quebec.
Is the Scientific and Innovative Venture Program (SIVP) a grant, loan, or tax credit?
Scientific and Innovative Venture Program (SIVP) is a Partnering and Collaboration
More programs like this
Research, Innovation and Commercialization Tax Credit (CRIC)$50,000-$1,000,00030%
