• Fund the development of your new cybersecurity products, solutions and processes
• Strengthen your position as a technology leader
• Commercialize new products, processes and services and expand through value chain integration

• Maximum financial aid of $350,000 per project
• Maximum financial aid may represent up to 25% of eligible expenditures
• Private contributions must represent a minimum of 50% of eligible expenditures
• Cumulative government expenditures can total up to 50% of eligible project expenditures
• Maximum project duration is 2 years.

Note also that:       

• Management fees apply on the total project value (see FAQ)      
• Non-subsidized expenditures may be eligible for tax credits, in particular the Scientific Research and Experimental Development (SR&ED) tax credit, based on the prevailing criteria of these programs.

To be eligible, large businesses or SMEs must:

• Be a private for-profit company with an active place of business in Quebec
• Be legally incorporated under federal or Quebec laws and be registered with the Quebec Enterprise Registrar
• Have its head office in Quebec as well as having its employees or subcontractors working mainly from Quebec
• Not be owned by more than 50% by another existing businesses or organizations

To be eligible for the QCIP INNOVATION component, projects must meet the following criteria:

• Aim to develop innovative products / solutions / processes in cybersecurity
• This innovation technology developed within the QCIP framework must start at technology readiness levels (NMT-TRL) 4 to 6 and can continue until TRL 9

Note that the call for QCIP INNOVATION projects is open till Mars 2024, 31th.