AQT - Young Enterprise Awards
QC, Canada
The AQT Young Enterprise Grants merge experience with youthful innovation to drive growth for Quebec's tech sector.
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|noCondition
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- grant_single|timelineUnspecified
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- Information and cultural industries
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- Association québecoise des technologies
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grant_card_status|open
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The AQT Young Enterprises Grants aim to propel the growth of emerging tech companies in Quebec by uniting experience with youth. To be eligible, companies must have their headquarters in Quebec, be incorporated under provincial or federal law, operate in the techno-digital sector, have been in existence for 18 months to 5 years, and achieve a minimum annual revenue of $500,000.
grant_single_labels|projects
This grant is intended for companies located in a specific geographical area as defined by the eligibility criteria. Only businesses based within this region can apply to ensure that the fund's objectives are met locally.
- Companies with their head office situated in Quebec, Canada.
grant_single_labels|admissibility
Eligibility for this grant is determined by specific requirements related to the company's location, registration, sector, age, revenue, development plans, and legal status.
- The company must have its headquarters in Quebec.
- The company must be incorporated under provincial or federal law.
- The company must be registered in the Quebec business register.
- The company must operate within the techno-digital sector.
- The company must have been in existence for between 18 months and 5 years.
- The company must have a minimum annual revenue of $500,000.
- The company must have a concrete development plan.
- The company must have no ongoing legal proceedings.
grant_eligibility_criteria|who_can_apply
The "Bourses Jeunes Entreprises AQT" is open for applications from companies that meet the following criteria:- Headquartered in Québec- Incorporated under provincial or federal law- Registered with the Quebec Business Register- Operate in the techno-digital sector- Exists for between 18 months and 5 years- Have a minimum annual revenue of $500,000- Possess a concrete development plan- Have no ongoing legal proceduresFurther considerations for eligibility and advantage include:- CEO identifies as a woman, a person with a disability, Indigenous, a visible minority, or an immigrant.- Practice good policies in social responsibility, eco-responsibility, gender parity, and equity, diversity and inclusion (EDI).Additionally, selected companies must:- Contribute $100 per month for the first 12 months of participation- Participate in activities offered under the bursary- Be available for the communication campaign related to the bursary.
grant_eligibility_criteria|zone
The eligible geographic zone for this grant is the province of Quebec.
- Headquarters must be in Quebec
- Incorporated according to provincial or federal law
- Registered in the Quebec business registry
grant_single_labels|criteria
Yes, there are evaluation and selection criteria for this grant. Below is a summary of the evaluation and selection criteria:
- Headquartered in Quebec
- Incorporated under provincial or federal law
- Registered in the Quebec business registry
- Operating in the techno-digital sector
- Existence of 18 months to 5 years
- Minimum annual revenue of $500,000
- Concrete development plan
- No ongoing legal procedures
- Diversity and inclusion: Advantage if CEO identifies as a woman, person with a disability, Indigenous, visible minority, or immigrant
- Good policies in social responsibility, eco-responsibility, gender parity, and EDI (equity, diversity, and inclusion)
- Commitment to contribute $100 per month for the first 12 months of membership
- Participation in activities offered as part of the grant
- Availability for the related communication campaign
- Submission of a video explaining why the company deserves to be selected
- Filled application form to be evaluated by an independent jury from AQT
grant_single_labels|register
Here are the steps to submit an application for this grant:
- Step 1: Produce Video
- Create a video of at least 30 seconds explaining why your company deserves to be selected for the grant.
- Step 2: Complete Application Form
- Fill out the application form provided by the grant organization.
- Step 3: Submit Application
- Submit your complete application, including the video and the filled-out form, for evaluation.
- Your application will be reviewed by an independent jury composed of members of AQT.
grant_single_labels|otherInfo
Selected companies are required to contribute a monthly fee and actively participate in activities. Additionally, they must be available for the associated communication campaign.
- Contribute 100 $ per month during the first 12 months of the membership
- Participate in the activities offered as part of the grant
- Be available for the communication campaign related to the grant
Apply to this program
Grant for Enhancing Quebec's Tech Industry
This grant supports burgeoning tech enterprises in Quebec by providing financial assistance to those meeting defined criteria. Aimed at growth and innovation in the digital technology sector, the grant is both an opportunity and a commitment to diversity and inclusion.
Understanding the Bourses Jeunes Entreprises AQT Grant
The Bourses Jeunes Entreprises AQT Grant is an initiative aimed at fostering the growth of young tech companies in Quebec. It serves as both a financial tool and a strategic initiative to help businesses establish themselves as significant players in the digital technology sector. This grant is particularly notable for its dual emphasis on supporting emerging tech companies and encouraging diversity and inclusion within the leadership of these companies.
Eligible businesses must have an identifiable presence in the province, evidenced by their Quebec incorporation and headquarters. By setting these eligibility criteria, the grant aims to fortify the local economy while ensuring that growth benefits community-centric enterprises. The grant also ensures that the funded entities have a documented history of social and environmental responsibility, indicating a commitment to sustainable business practices.
One distinctive feature of the Bourses Jeunes Entreprises AQT Grant is its requirement for a tangible plan for business development. This ensures that supported companies not only have immediate financial relief but also a roadmap for future growth and success. The financial requirement of a $500,000 minimum annual revenue ensures that participant businesses are at a sustainable operational level, mitigating risks associated with start-ups that may not be as financially robust.
The grant's jury panel is composed of members from the AQT, who evaluate submissions based on a variety of criteria. This expert-led evaluation process guarantees that only the most promising companies with innovative solutions and a potential for significant impact receive support. As a result, the grant ensures its resources are directed towards companies that align with Quebec’s broader tech and economic objectives.
Further, the initiative places a premium on fostering inclusive leadership and advancing gender parity, environmental responsibility, and equitable practices. Companies that exhibit strong adherence to these values in their operations and company culture are given special consideration. This aspect of the grant not only aligns with modern values but also encourages companies to strive for a broader positive impact, beyond just economic success.
The financial and support contributions required from selected companies emphasize a shared growth paradigm. By requiring companies to reinvest in the program, both financially and in terms of participation, the grant establishes a collaborative ecosystem where companies contribute back to the broader business community.
This synergy is expected to propagate best practices, innovative ideas, and foster a culture of mutual support among tech companies in Quebec. The Bourses Jeunes Entreprises AQT Grant thus plays a vital role not only in supporting individual companies but in strengthening Quebec's tech ecosystem as a whole. By demanding both accountability and community participation, the program ensures that its benefits are long-lasting and widely distributed.
In conclusion, the Bourses Jeunes Entreprises AQT Grant stands as an invaluable resource for emerging tech companies within Quebec. It provides much-needed support while advocating for diversity, inclusion, and sustainable business practices. For companies poised on the cusp of the next big innovation, this grant is not just financial support but a gateway to becoming a major force in Quebec's thriving tech landscape.
