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Entrepreneurial Assistance Program (PAEN)

Supports entrepreneurship development and innovative business growth in Quebec

Funding available
Varies by project
Deadline
Unspecified
Location
Quebec, Canada
Who can apply
Entrepreneurship support organizations
See full eligibility

Overview

The Entrepreneurial Assistance Program (PAEN) provided up to $37.8 million in financial support from April 1, 2020, to March 31, 2022, aimed at fostering entrepreneurship, supporting innovative young businesses, and promoting projects led by underrepresented or disadvantaged groups in Quebec. Eligible activities include business operation support, structured entrepreneurship projects, training sessions, coaching, and mentoring delivered by recognized organizations.

At a glance

Funding available

Varies by project

Financing goals
  • Increase social or community impact
  • Develop strategic partnerships
  • Develop workforce skills
  • Raise awareness or mobilize a population

Eligible candidates

Location
  • Quebec
Eligible Industries
All industries
Annual revenue
All revenue ranges
Organisation size
All organization sizes
Audience
  • Other Racialized Persons
  • Youth (<40)
  • Startups
  • Women
Legal structures
For-profit business, Social economy enterprise

Receipt of requests is now closed

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Availability timeline

2026
Periods: 1

Eligibility

Who is eligible?

  • Entrepreneurship support organizations
  • Businesses benefiting from entrepreneurship support services
  • Young innovative enterprises
  • Enterprises with founders from underrepresented or disadvantaged groups

Eligible geographic areas

  • Quebec

Activities funded

  • Undertaking entrepreneurial projects that support the creation and development of businesses.
  • Implementation of training, coaching, and mentorship activities for entrepreneurs.
  • Projects led by innovative young companies to foster business growth.
  • Initiatives supporting entrepreneurs from under-represented or disadvantaged groups.
  • Projects carried out by organizations providing assistance to entrepreneurs, including delivery of structured and strategic business activities.

Selection criteria

  • Relevance and alignment of the project with the program’s objectives.
  • Achievement of the intended results and contribution to positive entrepreneurial outcomes in Quebec.
  • Coherence and complementarity with other government interventions and initiatives.
  • Efficient use of granted funds and reasonable achievement of expected results.
  • Satisfaction of beneficiaries with the implementation and administration of the program.

Additional information

  • An evaluation found that over 85% of direct and indirect recipients confirmed the ongoing need for the program.
  • More than 40% of businesses supported directly or indirectly had a founder from an under-represented or disadvantaged group.
  • The program demonstrated a positive contribution to employment and wealth creation in Quebec.
  • Customer satisfaction rates with the program and support organizations exceeded 90%.

Contacts

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Frequently Asked Questions about the Entrepreneurial Assistance Program (PAEN) Program

What is the Entrepreneurial Assistance Program (PAEN)?

The Entrepreneurial Assistance Program (PAEN) provided up to $37.8 million in financial support from April 1, 2020, to March 31, 2022, aimed at fostering entrepreneurship, supporting innovative young businesses, and promoting projects led by underrepresented or disadvantaged groups in Quebec. Eligible activities include business operation support, structured entrepreneurship projects, training sessions, coaching, and mentoring delivered by recognized organizations.

Who is eligible for the Entrepreneurial Assistance Program (PAEN) program?

To be eligible for the Entrepreneurial Assistance Program (PAEN) program, you must: Must be a for-profit business or organization in Quebec. Project must align with entrepreneurship development objectives.

Who can I contact for more information about the Entrepreneurial Assistance Program (PAEN)?

You can contact Ministère de l'économie, de l'innovation et de l'énergie du Québec (MEIE) by email at evaluation@economie.gouv.qc.ca.

Where is the Entrepreneurial Assistance Program (PAEN) available?

The Entrepreneurial Assistance Program (PAEN) program is available the province of Quebec.

Is the Entrepreneurial Assistance Program (PAEN) a grant, loan, or tax credit?

Entrepreneurial Assistance Program (PAEN) is a Grant and Funding

Who are the financial supporters of the Entrepreneurial Assistance Program (PAEN)?

Entrepreneurial Assistance Program (PAEN) is funded by Ministère de l'économie, de l'innovation et de l'énergie du Québec (MEIE)