Discover Who Can Apply for the Individual Market Access Support Program
The Individual Market Access Support (SIAM) program is a pivotal initiative aimed at enhancing the market presence of Quebec's food processors. This program is particularly designed to help businesses that are new to government funding opportunities. For complete eligibility requirements, see the complete program guide.
Overview of SIAM
SIAM is tailored to boost the presence of Quebec's food products across various distribution networks. It supports market diversification and aims to increase visibility and sales of processed food products.
Key Objectives
Enhance the presence of Quebec products in diverse distribution networks.
Foster market diversification within Quebec.
Strengthen marketing competencies.
Increase visibility of Quebec's bio-food products.
Eligibility Requirements
Eligibility for the SIAM program is reserved for Quebec-based food processing businesses. These businesses must meet specific criteria to qualify.
Business Eligibility
Registered in Quebec: Must be registered with the Quebec Enterprise Register.
Food Processing Focus: Either directly involved in food processing or subcontracting under specific conditions.
Revenue Threshold: Must have at least $250,000 in annual sales.
Product Composition: Majority of food products must be Quebec-based.
Project Eligibility
Projects must be aimed at expanding market reach through long distribution channels within Quebec. Each project should:
Have a duration of 12 months.
Incur eligible expenses of at least $20,000.
Focus on new market access or expanding existing market segments.
Who Qualifies for SIAM?
The program is directed towards businesses operating in the food processing sector in Quebec. This includes those who have not previously benefitted from the support, ensuring a broader reach of financial assistance.
Food Processors: Engaged in processing activities within Quebec.
Agro Processors: Under certain conditions, those subcontracting processing tasks.
For specific eligibility criteria, refer to the complete program guide.
Conclusion
Understanding who can apply to the SIAM program is crucial for Quebec-based food processors aiming to expand their market reach. This program provides a unique opportunity for businesses new to government funding. For a detailed breakdown of eligibility and application processes, consult the complete program guide.
