How much funding can be received?

This grant applies to companies that have an establishment located in Quebec, Canada. The eligibility is specific to businesses operating within this province to foster local economic adaptation and technological advancement.

Companies must have an establishment in Quebec.

grant_single|admissibleProjectsExample

$26,400

Adopting innovative AI technology from a college transfer centre

$36,800

Enhancing healthcare diagnostics with machine learning

$24,400

Implementing blockchain for supply chain management with a CCTT

$23,200

Developing eco-friendly packaging with a liaison centre

$32,960

Integrating renewable energy solutions with academic expertise

$28,400

Improving smart city solutions through technology transfer

grant_single_labels|admissibility

Eligibility for this tax credit depends on specific criteria related to the company's status and contractual arrangements.

The company must have an establishment in Quebec and operate an eligible business there during its taxation year.
The company must have a contract with an eligible College Technology Transfer Centre (CCTT) or an eligible Liaison and Transfer Centre (CLT).
The company must not be tax-exempt, a Crown corporation, or a subsidiary wholly controlled by such a corporation.
If the company is a member of a qualifying partnership, it can claim the credit for its share of eligible expenses incurred by the partnership.

grant_eligibility_criteria|who_can_apply

Eligible businesses are those operating in Québec, with an establishment in the province, and engage in eligible commercial activities. Companies must be involved with an eligible college technology transfer centre (CCTT) or liaison and transfer centre (CLT) through a contract to obtain qualified services for transfer and adaptation activities.

grant_eligibility_criteria|who_cannot_apply

The tax credit for technological adaptation services excludes certain companies based on their tax status and ownership. The restrictions aim to focus the support on businesses operational within specific eligibility criteria.

Companies that are exempt from tax.
Crown corporations or wholly-owned subsidiaries of such corporations.

grant_eligibility_criteria|eligible_expenses

This Canadian tax credit incentivizes companies to engage in projects that enhance technological adaptation through eligible services. The focus is on nurturing collaborations with authorized technological transfer centers to advance business operations.

Engaging in technology transfer projects with a college center for technology transfer (CCTT) or a liaison and transfer center (CLT) in Quebec.
Participation in liaison services to implement and adapt new technologies.
Involvement in specific, non-regular training and informational activities related to the adaptation of technology in Quebec.

grant_eligibility_criteria|zone

The eligible expenses for the tax credit cover specific costs incurred in relation to obtaining liaison and transfer services from an eligible CCTT or CLT in Quebec.

80% of the fees related to an eligible liaison and transfer service provided in Quebec by an eligible CCTT or CLT.
Participation fees for training and information activities taking place in Quebec related to an eligible liaison and transfer service, offered by an eligible CCTT or CLT.

grant_single_labels|criteria

- Companies must be eligible and have an establishment in Quebec. - Companies must operate an eligible business in Quebec. - Companies must have a contract with an eligible CCTT or CLT. - Companies must incur eligible expenses within the scope of the contract. - Expenses must be paid at the time of the tax credit application. - Certain types of companies are not eligible for the tax credit. - Expenses must be related to eligible services provided by the CCTT or CLT. - Expenses may include fees for eligible services, training, and information activities offered in Quebec. - Participation in ad-hoc training activities may be considered eligible. - Expenses must not be eligible for other specific research and experimental development tax credits.

grant_single_labels|register

Here are the steps to apply for the Crédit d'impôt pour services d'adaptation technologique:

Step 1: Verify Eligibility
- Ensure your company operates an eligible business in Quebec and has entered a contract with an eligible CCTT or CLT.
- Confirm that your company is not tax-exempt, a Crown corporation, or a subsidiary wholly controlled by one.
Step 2: Gather Necessary Documentation
- Collect all pertinent financial records detailing eligible expenses and payments.
- Compile contracts with CCTT or CLT and evidence of the services procured.
- Ensure documentation differentiates between expenses eligible for this credit and those for other R&D credits.
Step 3: Calculate Eligible Expenses
- Identify 80% of the fees for qualifying services offered by CCTT or CLT.
- Include costs of participating in approved supplementary training and information sessions in Quebec.
Step 4: Complete Tax Credit Application
- Fill out the required forms provided by Revenu Québec for claiming this tax credit.
- Include your calculations and supporting documentation.
Step 5: Submit Application to Revenu Québec
- Submit the completed application through the appropriate Revenu Québec channels.
- Ensure all documentation is complete and accurate to avoid delays.
Step 6: Retain Confirmation and Records
- Keep copies of the application, supporting documents, and any confirmation received from Revenu Québec for your records.

grant_single_labels|otherInfo

Additional insights about the tax credit eligibility:

This credit is specifically for services related to technology adaptation, indicating a focus on innovation and modernization within the business operations.
The tax credit aims to encourage collaboration between businesses and educational institutions, promoting technology transfer and practical applications of academic research.
Ensuring that all expenses are thoroughly documented and verified as paid before submitting the application is crucial to claim the tax credit successfully.
Businesses should ensure they do not double-dip into multiple credits intended for similar purposes, as overlap with other specific research credits can disqualify expenses.

grant_single_labels|documents

Tax credit for technological adaptation services

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1-800-567-4692

Apply to this program

Harnessing Technology for Business Growth in Quebec

The Technological Adaptation Services Tax Credit (code 35) is designed to support eligible corporations in Quebec by providing a financial incentive of 40% on eligible expenses related to contracts with designated technology transfer centres. By leveraging the services offered by these centres, businesses can enhance their technological capabilities and drive innovation within Quebec.

Exploring the Technological Adaptation Services Tax Credit

The Technological Adaptation Services Tax Credit is a significant financial support avenue available to eligible corporations operating in Quebec. The credit aims to stimulate technological advancement and innovation by subsidizing costs associated with specialized services provided by designated technology transfer centres. Corporations in the province can utilize this credit to mitigate expenses tied to the acquisition of liaison and transfer services essential for fostering technological growth and competitiveness.

Eligible companies must engage with a Collegial Centre for Technology Transfer (CCTT) or a Liaison and Transfer Centre (CLT) through a formal contract in order to qualify for this credit. This partnership enables the businesses to receive various services, such as consulting, technology transfer, and assistance in adapting new technologies to their operations. With a credit rate of 40% on qualifying expenditures, which must be paid when the credit is claimed, this tax incentive provides substantial financial relief.

The scope of eligible expenses incorporates 80% of the fees incurred for qualifying liaison and transfer services within Quebec. This includes costs related to attending special training and informational activities pertinent to the adaptation technology services being sought, provided these activities fall outside regular training programs and are delivered by the CCTT or CLT. Moreover, training must be occasional and specifically tied to enhancing technological capabilities.

This tax credit is not applicable to corporations that benefit from other scientific research and experimental development (R&D) tax credits. This includes credits related to R&D salaries, university research, public research center projects, or pre-competitive private research partnerships. The sole focus of the Technological Adaptation Services Tax Credit is to provide the necessary financial means to companies seeking specific advancements through designated technological services and collaborative projects with recognized institutions.

Furthermore, if a corporation is part of a partnership that incurs eligible expenditures, it can claim its share of these expenses under the tax credit scheme. This opens the opportunity for collaborative ventures to leverage the financial benefits of this tax credit, fostering cooperative innovation endeavors. However, corporations which are exempt from tax, as well as Crown corporations and their wholly owned subsidiaries, do not qualify for this tax incentive, thereby ensuring that support is directed to private sector enterprises positioned to drive economic growth through innovation.

This tax credit not only lowers the financial burden on companies investing in technological solutions but also catalyzes a ripple effect of innovation, contributing to Quebec’s economic vitality and competitiveness. The partnership with CCTTs and CLTs enriches the technological ecosystem by facilitating knowledge transfer and technological adaptation, empowering Quebec-based businesses to excel both locally and globally.