Regional Quantum Initiative in British Columbia

Overview of the Regional Quantum Initiative in British Columbia program:

The Regional Quantum Initiative supports the growth, commercialization, and adoption of quantum technologies across Canada as part of the National Quantum Strategy. The program funds projects in quantum computing, quantum sensing, quantum materials, and quantum communications, with a strong emphasis on strengthening domestic capacity and global market competitiveness. Eligible activities include productivity improvements, technology adoption, business scale-up, late-stage product development, technology demonstration at TRL 7–9, ecosystem capacity building, and start-up acceleration. Incorporated businesses receive interest-free repayable contributions, while not-for-profit organizations may receive either repayable or non-repayable funding depending on whether the project is commercial or non-commercial. Applications are reviewed on a continuous intake basis until March 31, 2028, with evaluations focused on market potential, management capability, financial readiness, economic impact, and alignment with quantum innovation priorities. The program aims to expand Canadian quantum expertise, supply chains, commercialization pipelines, and innovation ecosystems.

Benefits of the Regional Quantum Initiative in British Columbia program:

• Funding of $500,000 to $5 million
• Interest-free repayable contributions for commercial projects
• Non-repayable contributions for non-commercial not-for-profit projects
• Up to 50% cost coverage; up to 90% for exceptional not-for-profit cases
• No collateral required and no penalty for early repayment
• Supports TRL 79 technology demonstration
• Supports scale-up, technology adoption, ecosystem capacity building, and market development
• Helps strengthen quantum supply chains and commercialization pathways
• Encourages development of quantum-enabled medicines, communications, batteries, and climate modeling tools

Eligibility criteria of the Regional Quantum Initiative in British Columbia program:

• Incorporated Businesses
• For-profit companies incorporated in Canada
• Operate staffed facilities in British Columbia
• Start-ups and early-revenue quantum firms
• SMEs preferred (under 500 employees)
• Not-for-Profit Organizations
• Legally incorporated not-for-profit entities
• Post-secondary institutions
• Business accelerators and incubators
• Angel networks
• Indigenous organizations or Indigenous-owned businesses
• Industry associations or consortiums