Open
Business Assistance — Immigrant Investor Program
Grants for growth and innovation in Quebec
Last Update: March 4, 2026
Funding available
No Condition
Timeline
- Open continuously
Location
Quebec, Canada
Overview
Non-repayable contributions of $40,000 to $250,000 covering up to 10% of project costs for existing businesses and 15% for start-ups.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Obtain certifications or accreditations
- Reduce environmental footprint
- Access new markets
Eligible Funding
- Up to 10% of project cost
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- All industries
Location
- Quebec
Legal structures
- Non-profit
- Public or Parapublic institution
- For-profit business
- Non-financial cooperative
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Newcomers to Canada
- Startups
Non-profit candidates
Sector of operation
- Environment
- Economic, Social and Community Development
Target groups
- Business owners / entrepreneurs
- Nonprofits / charities
Revenue structures
- All structures
Scope
- All dimensions
Next steps
1
Determine your project
2
Validate your eligibility
Activities funded
This grant supports projects that involve investment in various sectors by offering a non-repayable financial contribution. Eligible projects range from start-ups to technological advancements and market expansion.
- Business start-up, expansion, modernization, or production improvement in the manufacturing sector.
- Technological innovation or design in high value-added information technologies.
- Environmental restoration and recycling industry projects.
- Tourism industry enhancements.
- Commercialization of products outside Quebec.
- Specialized horticulture and biomass marine projects.
Eligibility
Who is eligible?
Eligible applicants for this grant are businesses that:1. Obtain a favorable recommendation from an accredited financial intermediary.2. Operate within specific sectors such as manufacturing, new economy industries (biotechnology, pharmaceutical, aeronautical, and aerospace), high value-added information technology, tourism, environmental restoration, recycling, and waste management, centralized call services, marine aquaculture and biotechnology, and specialized horticulture.3. In some cases, cooperatives or non-profit organizations engaged in businesses outside these sectors may also qualify.4. The criteria also specify that investments are targeted at projects concerning business startup, expansion, modernization or improvement of production, compliance certification, technological, or design innovation.5. Additionally, projects aimed at market development, specifically the commercialization of products outside Quebec, are eligible.6. Specific project criteria include project costs of at least $300,000 ($270,000 for startups), a total consolidated asset of less than $35 million for the company, a project duration not exceeding two years, and only expenses within the 12 months preceding submission being admissible if the project has already started.Overall, the program is designed to support competitive and profitable projects that contribute to economic growth in specified strategic sectors.Who is not eligible
This grant application does not specify any explicit exclusions regarding ineligible companies or industries. Therefore, only the information on eligible sectors is provided in the context.
Eligible expenses
This grant provides financial support for projects across a range of industries, focusing on business growth and technological advancement. Eligible projects can encompass a variety of activities aimed at enhancing production capabilities and expanding market reach.
- Startup, expansion, modernization, or production improvement activities.
- Certification of conformity to recognized standards.
- Technological or design innovation projects.
- Market development efforts aimed at the commercialization of products outside of Quebec.
Eligible geographic areas
This grant is managed by IQ Immigrants Investisseurs Inc., which operates in partnership with Investissement Québec. The focus is on supporting businesses within the province of Quebec to foster local economic development.
- Businesses located in the province of Quebec.
Additional information
Here are additional relevant details for this grant:
- The financial contribution provided is non-repayable, meaning it does not need to be paid back.
- The contribution is disbursed over a period of four years, allowing for extended support across the project timeline.
- The maximum contribution an enterprise can receive is capped at $250,000 over a three-year period per company.
- There are no fees to be paid to IQ Immigrants Investisseurs inc., the financial intermediary, or financial consultants for processing the application.
- Projects must conform to a timeline such that any commenced project must have incurred its eligible expenses within the 12 months preceding the submission date by the financial intermediary.
Documents and links
Frequently Asked Questions about the Business Assistance — Immigrant Investor Program Program
Here are answers to the most common questions about the Business Assistance — Immigrant Investor Program. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the Business Assistance — Immigrant Investor Program?
Non-repayable contributions of $40,000 to $250,000 covering up to 10% of project costs for existing businesses and 15% for start-ups.
How much funding can be received?
Business Assistance — Immigrant Investor Program Funds up to 10% of admissible expenses.
Who is eligible for the Business Assistance — Immigrant Investor Program program?
To be eligible for the Business Assistance — Immigrant Investor Program program, you must:
The project costs must be at least $300,000; $270,000 for startup enterprises.
The enterprise's total consolidated assets must be less than $35 million.
The project must be competitive and profitable.
What expenses are eligible under Business Assistance — Immigrant Investor Program?
This grant supports projects that involve investment in various sectors by offering a non-repayable financial contribution. Eligible projects range from start-ups to technological advancements and market expansion. Business start-up, expansion, modernization, or production improvement in the manufacturing sector.
Technological innovation or design in high value-added information technologies.
Environmental restoration and recycling industry projects.
Tourism industry enhancements.
Commercialization of products outside Quebec.
Specialized horticulture and biomass marine projects.
Who can I contact for more information about the Business Assistance — Immigrant Investor Program?
You can contact Investissement Québec (IQ).
Where is the Business Assistance — Immigrant Investor Program available?
The Business Assistance — Immigrant Investor Program program is available the province of Quebec.
Is the Business Assistance — Immigrant Investor Program a grant, loan, or tax credit?
Business Assistance — Immigrant Investor Program is a Grant and Funding
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