How to Apply to PSCE – Component 1: Complete Application Guide

The PSCE – Component 1 is a pivotal program designed to support Quebec businesses in strategic supply chain integration. By focusing on enhancing the capacity of small and medium-sized enterprises (SMEs) to market their products and services within the Quebec market, this program serves as a foundational step toward export readiness.

Overview of PSCE – Component 1

Administered by Investissement Québec, the PSCE – Component 1 offers a non-repayable contribution aimed at integrating Quebec businesses into strategic supply chains. The program provides up to 50% of eligible expenses, with a maximum annual contribution of $250,000 per enterprise. For detailed funding rates and conditions, consult the complete program guide.

Eligibility Requirements

To qualify for the PSCE – Component 1, your organization must be a for-profit business or a social economy enterprise such as cooperatives and non-profit organizations (OBNL) as defined by Quebec law. Additionally, the enterprise should have an annual revenue of less than $100 million. For complete eligibility requirements, see the complete program guide.

Eligible sectors include most industries, except for those explicitly excluded, such as agriculture, forestry, mining, and certain service sectors. Retail businesses may qualify if they meet specific criteria related to product development and marketing activities.

Required Documents

Applicants must prepare a comprehensive set of documents to substantiate their application. This typically includes:

• Business registration documents

• Financial statements

• Detailed project plans

• Evidence of strategic supply chain initiatives

For a full list of required documents and submission formats, refer to the complete program guide.

Step-by-Step Application Process

Step 1: Confirm Eligibility

Before applying, ensure your business meets all eligibility criteria. For a detailed checklist, consult the complete program guide.

Step 2: Prepare Documentation

Gather all necessary documents, ensuring they meet the program's specified standards. Consult the guide for document preparation tips.

Step 3: Submit Your Application

Applications are submitted through the Investissement Québec portal. The full application process is outlined in the complete program guide.

Application Timeline

The PSCE – Component 1 has specific application windows and deadlines. Applications submitted before February 23, 2024, will be considered. For ongoing updates, check the complete program guide.

Tips for a Successful Application

• Ensure all documentation is complete and accurate.

• Highlight how your project aligns with strategic supply chain integration.

• Clearly articulate the anticipated impact on your business.

Common Mistakes to Avoid

• Submitting incomplete applications

• Failing to demonstrate strategic alignment

• Missing submission deadlines

What Happens After You Apply

After submission, applications are reviewed by Investissement Québec. Successful applicants will be notified and receive further instructions on project implementation. For details on what to expect post-application, refer to the complete program guide.

Conclusion

Applying for the PSCE – Component 1 provides a significant opportunity for Quebec businesses to enhance their market readiness and strategic supply chain participation. For a comprehensive understanding of the program, we strongly recommend consulting the complete program guide.