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Economic development and SMEs

$693.1M over five years to help businesses adapt to the new economic context

  • $410.1M to promote the completion of investment projects in sectors of the future
    • $375M to stimulate business investment;
    • $35.1M to ensure a business environment conducive to completing industrial projects:
      • $11.9M over five years to speed up the completion of economic projects;
      • $18.5M over four years to put in place infrastructure to host industrial projects;
      • $4.7M over two years to further support the participation of Indigenous communities in environmental consultations.
  • $283M to improve Quebec’s economic competitiveness through innovation
    • $187.7M to support the innovation chain:
      • $90.5M in 2027-2028 to secure funding for the innovation ecosystem;
      • $54.8M over five years to support public research and commercialize its results;
        • $20M over two years for the Fonds de recherche du Québec;
        • $17.8M over five years to enable the Institut de la statistique du Québec to continue developing access to data for research purposes;
        • $17M over three years to further commercialize public research and protect intellectual property throughout Quebec, particularly with the help of Axelys.
      • $42.4M over four years to strengthen digital sovereignty through greater pooling of digital solutions.
    • $73.3M to support the growth of innovative industries and the adoption of leading-edge technologies, namely:
      • $45.8M over four years to continue developing innovation zones in Quebec;
      • $24.5M over three years to encourage the adoption of AI and quantum technologies;
      • $3M over five years to create a joint research unit in quantum photonics.
    • $22M to increase innovation and productivity in the construction sector:
      • $15M over five years to support the establishment of the District de la construction innovante in La Nouvelle-Beauce RCM;
      • $7M over two years to continue improving productivity in the construction sector by supporting the integration of technological solutions and the acquisition of the skills needed to use them.