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Venture capital and investment funds

Development of Québec Intellectual Property in the Video Game Industry

Multimedia is a key industry in Québec, and Québec’s video game sector is world-renowned. To promote the development of Québec video game companies’ intellectual property, Investissement Québec offers a venture capital investment solution that meets the industry’s specific needs.

This program is administered by Investissement Québec, on behalf of the Ministère de l’Économie, de la Science et de l’Innovation.

 

Venture Capital for Québec Video Game Companies

Intended for Québec companies* that wish to develop a video game project, this program aims to promote job creation, economic spinoffs and the retention of intellectual property in Québec. It facilitates access to financing and venture capital investment for Québec multimedia companies operating in the video game industry. It enables us to invest in your project – not in your company – and to share in its returns.

 

* Excluding municipalities and government corporations.

To be eligible, your project must meet the following conditions:

  • it concerns a video game developed by a Québec company with its head office and principal place of business in Québec;
  • the intellectual property is majority owned by the Québec company that developed it and that files an application for investment;
  • most of the eligible expenditures for completing the project will be incurred in Québec;
  • it is intended for marketing to the general public and worldwide distribution;
  • it has passed the preproduction stage (playable prototype available at the time of the application);
  • the targeted returns are expected to be generated within a maximum of four years;
  • all of the sources of private financing are subject to formal agreements regarding disbursements or the financing has already been received by the company.

Flexible Investment for Your Project

We understand that every project in your industry is unique and so is its financial structure. That is why we offer financing that meets your specific needs.

WE OFFER

YOU GET

A stake in your project

Project-focused financing, which gives you freedom for all your other projects

Financing of $175,000 to $3,000,000 per project (including reinvestments), up to a maximum of $5,000,000 per company

Financing based on the scope of your project, with the possibility of reinvestment with private investors

A maximum contribution equal to 35% of eligible project expenditures, excluding amounts received from any form of public financing

An investment that complements your private investors’ stake

 

  • The investment period will end on June 10, 2019;
  • The eligible expenditures are those related to the project, deemed to be reasonable and essential to its completion and incurred to develop, market and exploit the project. No other expenditures made by the company or benefiting the company as a whole will be considered.

 

Certain conditions may apply.

Learn more

You must complete the "Application for financing – Development of Québec intellectual property in the video game sector" form and return it, along with the documents indicated in the form, to:
jeuvideoqc@invest-quebec.com.

 

For more information, contact:

 

An Investissement Québec advisor at
jeuvideoqc@invest-quebec.com or 1 844 474-6367.

November 2015

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André Williot

Client Service Officer

1 844 474-6367