What Can SEB Fund? Eligible Expenses & Projects
The Support for biofood exports (SEB) program offers financial assistance to Quebec-based agri-food businesses looking to expand their market presence beyond provincial borders. This initiative, funded by the ministère de l’Agriculture, des Pêcheries et de l’Alimentation (MAPAQ), aims to support individual projects that help companies prepare for and enter new markets, as well as consolidate and diversify their existing market presence.
Overview of SEB Funding
SEB is designed to encourage the growth of Quebec's agri-food sector by providing financial support for market development projects. The program can fund up to $100,000 per year for eligible applicants, focusing on activities that promote market expansion outside of Quebec.
For complete eligibility requirements, see the complete program guide.
Funding Amounts & Coverage
The SEB program provides substantial financial backing for various project activities. Each applicant can receive up to $100,000 annually, covering a range of eligible expenses. This support is crucial for businesses aiming to expand their reach into new markets, whether within Canada or internationally.
Visit the complete program guide for current funding rates.
Eligible Expenses
Marketing and Development Activities
The SEB program funds several marketing and development activities essential for market expansion:
Market Research: Costs associated with identifying and analyzing new market opportunities.
Trade Shows and Exhibitions: Participation fees, booth rentals, and promotional materials for international trade events.
Marketing Campaigns: Development and implementation of targeted marketing strategies.
Infrastructure and Logistics
Distribution and Logistics: Expenses related to setting up distribution networks or logistics systems for market entry.
Consulting Services: Fees for professional services that assist in market analysis and strategic planning.
Compliance and Certification
Regulatory Compliance: Costs for obtaining necessary certifications and meeting regulatory requirements in new markets.
Product Adaptation: Modifications required to meet the standards and preferences of target markets.
For detailed descriptions of eligible expenses, refer to the complete program guide.
Ineligible Expenses
While the SEB program covers a wide range of activities, certain expenses are not eligible for funding:
Operational Costs: Regular operational expenses such as salaries, utilities, and rent.
Capital Expenditures: Expenses related to purchasing land, buildings, or major equipment.
Understanding what cannot be funded is crucial for planning a successful application. Always consult the complete program guide for official guidelines.
Examples of Funded Projects
Eligible projects typically focus on activities such as:
Entering a new provincial or international market with a tailored marketing strategy.
Participating in international trade fairs to increase brand visibility.
Establishing distribution channels in a foreign market to facilitate product delivery.
These examples illustrate the program's flexibility in supporting diverse market expansion strategies.
Conclusion
The SEB program provides a valuable opportunity for Quebec agri-food businesses aiming to extend their market reach beyond provincial borders. By understanding the scope of eligible expenses and aligning projects with program objectives, businesses can effectively leverage this funding to achieve significant growth in new markets.
For comprehensive details on the SEB program, consult the complete program guide.
