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Tax holiday for a new business created to commercialize intellectual property - QC - Canada

Tax holiday for a new business created to commercialize intellectual property

Last Update: July 22, 2025
QC, Canada
Tax credit for commercialization of intellectual property (IP) in Quebec

At a glance

Eligible Funding
  • No Condition
Timeline
  • Open Date : November 14, 2019
Financing Type
Tax Credits
Eligible Industries
  • Manufacturing
  • Information and cultural industries
  • Educational services
Funds Providers
Unspecified
Program status
Open

Overview

If you create a new business by commercializing intellectual property stemming from a university or public research center, you could be eligible for a tax holiday for up to 10 years.

Financing terms and conditions

  • Eligible companies can benefit from a tax holiday on Quebec income tax derived from the commercializing business for up to ten years from the date of incorporation.

Activities funded

  • Launching new businesses to commercialize intellectual property derived from research conducted in Quebec's public sector.
  • Manufacturing and sales of goods whose value or essential component is based on eligible intellectual property.
  • Granting licenses for the use of eligible computer software developed through public sector research.
Examples of admissible projects:
$ 1,080,000
Introducing blockchain-based financial services leveraging research university students
$ 1,200,000
Launching eco-friendly packaging solutions using university-developed biodegradable materials
$ 650,000
Developing an AI-based health app
$ 900,000
Commercializing smart home energy solutions based on university-developed IoT technology
$ 1,600,000
Developing a new pharmaceutical drug based on university level research
$ 750,000
Creating a virtual reality training program for medical students

Eligibility

  • The applicant must be a company established in Canada between March 19, 2009 and April 1, 2014, dedicated to commercializing intellectual property derived from research conducted in Quebec's public sector.
  • The company must begin operating its commercialization business within twelve months of incorporation.
  • The company’s income must come almost entirely from one or more eligible commercialization businesses it actively operates.
  • The intellectual property being commercialized must have been developed in an eligible Quebec public institute and meet strict ownership and disclosure requirements.
  • The company must not result from a merger or acquisition, nor have previously operated all or part of the business from another entity, except under specific conditions.

Who is eligible?

  • Companies incorporated in Canada between March 19, 2009, and April 1, 2014, dedicated to the commercialization of intellectual property derived from research conducted within the Quebec public sector
  • Companies engaged in the manufacturing and sale of goods whose value is primarily derived from eligible intellectual property
  • Companies engaged in the manufacturing and sale of goods where an essential element is eligible intellectual property
  • Companies involved in licensing eligible computer software intellectual property

Who is not eligible

  • Companies formed as a result of a merger or unification of multiple companies.
  • Businesses that have operated, in full or in part, a commercial enterprise previously run by another entity for more than 90 days.
  • Companies that have sold almost all the assets used in their eligible commercialization business.
  • Companies that have been beneficiaries of a trust, except for a mutual fund trust.
  • Businesses that have been part of a joint venture or partnership, unless all members are recognized as eligible institutes.

Eligible geographic areas

  • Companies constituted in Canada and commercializing intellectual property derived from public research conducted in Quebec.

How to apply

1

Fill out the application form

Complete the initial application form.
2

Prepare the necessary documents

  • Obtain the completed Form 2 from the institute.
  • Attach a copy of the company's certificate of incorporation.
  • Include the company's financial statements.
  • Prepare the activity report.
  • Provide a copy of the document from the Canadian Intellectual Property Office (certificate of registration, patent, or certificate of registration).
  • Include a copy of the technology transfer agreement, either the licensing agreement or the assignment of intellectual property rights.
3

Transmit the request

Send the form and the attached documents in a single submission to the email address mesures.fiscales.RD@economie.gouv.qc.ca.

Additional information

  • The attestation of eligibility is valid for a maximum of three years, with the initial period starting from the date the company begins to operate the eligible commercialization business.
  • Renewals of the eligibility attestation must be requested via email, and the same eligibility criteria apply for renewals.
  • The application process is free of charge.
  • All application documents must be submitted together in a single dispatch.

Documents and links

Tax holiday for a new business created to commercialize intellectual property

Contacts

mesures.fiscales.RD@economie.gouv.qc.ca
5148731767
Apply to this program

Frequently Asked Questions about the Tax holiday for a new business created to commercialize intellectual property Program

Here are answers to the most common questions about the Tax holiday for a new business created to commercialize intellectual property. 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 Tax holiday for a new business created to commercialize intellectual property?

How much funding can be received?

What expenses are eligible under Tax holiday for a new business created to commercialize intellectual property?

What is the deadline to apply?

Is the Tax holiday for a new business created to commercialize intellectual property a grant, loan, or tax credit?

Who are the financial supporters of the Tax holiday for a new business created to commercialize intellectual property?

Who is eligible for the Tax holiday for a new business created to commercialize intellectual property program?

Who can I contact for more information about the Tax holiday for a new business created to commercialize intellectual property?

Where is the Tax holiday for a new business created to commercialize intellectual property available?

Are startups eligible for the Tax holiday for a new business created to commercialize intellectual property program?

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