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Source verified July 14, 2026
ESSOR – Component 2 (Productivity Project)
Supports productivity and business expansion investment projects
Offered by
Funding available
$ 10,000,000
Deadline
April 1, 2027
Opened March 26, 2026
Location
Quebec, Canada
Overview
ESSOR Component 2 supports Quebec investment projects by for-profit businesses and social economy enterprises through a loan, a loan guarantee covering up to 70% of net loss, or in some cases a non-repayable contribution. Eligible spending includes buildings, equipment or software implementation, and major technology transition costs.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Increase production or service capacity
- Increase operational productivity
Eligible Funding
- Maximum amount : 10,000,000 $
- Up to 25% of project cost
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- Quebec
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Canadians
- Startups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Investment projects with at least $100,000 in eligible expenses to increase a company’s production capacity in Quebec, including the creation of a new business, the establishment in Quebec of a foreign business, or the expansion of an existing business already established in Quebec
- Projects to modernize an existing business already established in Quebec
- Technological transition projects
- Projects involving the acquisition and implementation of digital solutions, which may require a digital diagnostic
Eligibility
Who is eligible?
- For-profit businesses
- Social economy enterprises
- Foreign businesses that are registered in Quebec and commit to carry on an activity there no later than 12 months after project authorization
- Businesses from all sectors for projects involving the acquisition and implementation of digital solutions, which may require a digital diagnostic
- Businesses with seasonal activities operating in Côte-Nord, Gaspésie-Îles-de-la-Madeleine, Bas-Saint-Laurent, and Capitale-Nationale (MRC de Charlevoix, Charlevoix-Est and Portneuf), including eligible primary-sector activities
Who is not eligible
- Businesses in the primary sector of agriculture, forestry and fishing, except greenhouse production or a building serving the same purpose as a greenhouse, packaging activities for major projects, and forestry operations
- Businesses in mining and quarrying, and oil and gas extraction
- Businesses in real estate and rental and leasing services
- Businesses in construction, except projects related to productivity growth
- Businesses in utilities, management of companies and enterprises, health care and social assistance, educational services, public administration, finance and insurance, arts, entertainment and recreation, telecommunications services, broadcasting, accommodation and food services except accommodation linked to a tourism project, and other services except public administration
Eligible expenses
- Capitalizable capital expenditures directly related to the project, including the acquisition, construction, fitting out or expansion of buildings
- Capitalizable expenditures for the acquisition and implementation of equipment or software
- Expenses related to a major technological transition, including cloud computing, business intelligence and artificial intelligence
- Working capital expenses required for an investment project when the financial assistance is a loan guarantee, a repayable financial contribution or a forgivable loan, up to 20% of total eligible expenses
Eligible geographic areas
- MRC de Charlevoix, MRC de Charlevoix-Est, and MRC de Portneuf for businesses with seasonal activities
How to apply
- Contact your account manager to submit a request.
- If you do not have an account manager, contact the Service d’accueil et d’information at 1 844 474-6367 or complete the form at the bottom of the page so an account manager can be assigned in your region.
Processing and Agreement
- Investissement Québec administers the program on behalf of the Government of Quebec, and its teams handle application eligibility review, analysis and decision.
- To ensure the availability of the budget envelope, the ministère de l’Économie, de l’Innovation et de l’Énergie and Investissement Québec reserve the right to suspend without notice the filing and analysis of applications.
Contacts
Other components of this program
Explore related funding streams and grants that belong to the same program.
- ESSOR - Component 5Financing for resilient softwood lumber sawmill investments
- ESSOR – Component 1AFunding for feasibility studies and investment planning
- ESSOR – Component 1BSupport for investment projects through digital transformation
- ESSOR – Component 1CSupport for investment project planning
- ESSOR – Component 3Funding for greener investment projects
- ESSOR – Component 4Supports Quebec companies in international expansion
- Support for the Completion of Investment ProjectsSupport for investment and digital transition projects
Frequently Asked Questions about the ESSOR – Component 2 (Productivity Project) Program
What is the ESSOR – Component 2 (Productivity Project)?
ESSOR Component 2 supports Quebec investment projects by for-profit businesses and social economy enterprises through a loan, a loan guarantee covering up to 70% of net loss, or in some cases a non-repayable contribution. Eligible spending includes buildings, equipment or software implementation, and major technology transition costs.
How much funding can be received?
ESSOR – Component 2 (Productivity Project) Funds up to 25% of admissible expenses, capped at $10,000,000 per project.
What is the deadline to apply?
The application deadline for this grant program is April 1, 2027. Applicants must submit their complete application before this date to be considered for funding.
Who is eligible for the ESSOR – Component 2 (Productivity Project) program?
To be eligible for the ESSOR – Component 2 (Productivity Project) program, you must:
The applicant must be a for-profit business or a social economy enterprise.
The business must be registered in Quebec and carry on an activity there; a foreign business must commit to do so within 12 months after project authorization.
The project must be an investment project with at least $100,000 in eligible expenses for production capacity growth, modernization, or technological transition.
What expenses are eligible under ESSOR – Component 2 (Productivity Project)?
Investment projects with at least $100,000 in eligible expenses to increase a company’s production capacity in Quebec, including the creation of a new business, the establishment in Quebec of a foreign business, or the expansion of an existing business already established in Quebec
Projects to modernize an existing business already established in Quebec
Technological transition projects
Projects involving the acquisition and implementation of digital solutions, which may require a digital diagnostic
Who can I contact for more information about the ESSOR – Component 2 (Productivity Project)?
You can contact Investissement Québec (IQ) or by phone at 18444746367.
Where is the ESSOR – Component 2 (Productivity Project) available?
The ESSOR – Component 2 (Productivity Project) program is available the province of Quebec.