ESSOR – Component 4
QC, Canada
Supports Quebec companies in global supply chain integration
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Loans and Capital investments
grant_single|eligibleIndustries
- grant_single|allIndustries
grant_single|grantors
- Investissement Québec (IQ)
grant_single|status
grant_card_status|open
grant_single_labels|preview
The ESSOR – Component 4 program supports the internationalization of Quebec companies by providing financial assistance for strategic export-related activities, such as acquiring international distribution networks or opening foreign subsidiaries. Eligible projects involve capital expenses directly tied to international expansion, promising economic benefits for Quebec without job or production relocation.
grant_single_labels|terms_and_conditions
- Offers a repayable contribution as a primary form of financial intervention.
- Provides a loan guarantee, with coverage of up to 70% on net loss as a prioritized financial intervention.
- Includes the possibility of equity participation.
- Allows for a non-repayable contribution as a form of financial aid.
- Chargeable study fees of at least 0.5% of the granted financial aid amount are applicable.
- Annual guarantee fees of at least 0.5% of the guaranteed amount are required.
grant_single_labels|projects
- Structured and strategic export-related projects leading to significant internationalization efforts abroad.
- Projects that provide economic benefits to Quebec without resulting in the relocation of jobs, companies, or production units.
- Acquisition of facilities for the transit of goods, such as warehouses or intermodal transshipment sites.
- Formation of joint ventures.
- Acquisition of distribution networks.
- Acquisition of companies outside Quebec.
- Opening of a commercial office or subsidiary abroad (outside Quebec).
grant_single_labels|admissibility
- The applicant must be a for-profit business or a social economy enterprise.
- The enterprise must be registered in Quebec and operate an activity in Quebec.
grant_eligibility_criteria|who_can_apply
- For-profit companies, including those engaged in internationalization activities
- Social economy enterprises
- Any sector excluding finance and insurance
- Excludes arts, entertainment, and recreation
- Excludes management of companies and enterprises
- Excludes accommodation and food services
- Excludes agriculture, forestry, fishing, and hunting
- Excludes mining, quarrying, oil and gas extraction
- Excludes administrative and support services
- Excludes real estate and rental and leasing services
- Excludes personal services
- Excludes public services
- Excludes health care and social assistance
- Excludes retail trade, unless specific criteria are met
grant_eligibility_criteria|who_cannot_apply
- Companies operating in the finance and insurance sector.
- Businesses in the arts, entertainment, and recreation sectors.
- Entities engaged in management of companies and enterprises.
- Companies in the accommodation and food services sector.
- Organizations in the primary sector, including agriculture, forestry, fishing, and hunting.
- Companies involved in mining, quarrying, and oil and gas extraction.
- Businesses providing administrative and support services.
- Entities in real estate and rental and leasing services.
- Companies in personal services.
- Organizations in public services.
- Companies in health care and social assistance services.
- Retail businesses that do not meet specific preproduction, postproduction, and headquarters location criteria in Quebec.
grant_eligibility_criteria|eligible_expenses
- Capitalizable investment expenses directly related to the project completion, specifically:
- Acquisition of facilities for goods transit, such as warehouses and intermodal transshipment sites.
- Formation of joint ventures.
- Acquisition of distribution networks.
- Acquisition of a company outside Quebec.
- Opening of a commercial office or subsidiary abroad (outside Quebec).
grant_eligibility_criteria|zone
- Companies must be registered and operational within Quebec.
grant_single_labels|register
- Step 1: Check Eligibility
- Ensure your company is a profit-oriented entity or a social economy enterprise.
- Confirm the company is registered in Quebec and operates within the eligible sectors.
- Review project eligibility criteria to ensure your project aligns with the program objectives.
- Step 2: Prepare Application Documents
- Gather necessary financial documents demonstrating the viability of your project.
- Prepare an investment proposal outlining the project, including objectives and expected economic impacts for Quebec.
- Step 3: Complete Financial Projections
- Develop detailed financial projections for your project.
- Include a budget for capital expenditures and other element pertinent to your project.
- Step 4: Submit Application
- Compile all required documentation, including investment proposal and financial projections.
- Submit your application through the designated submission method provided by the funding body before the deadline.
- Step 5: Follow Up
- Contact the program administrators if you have not received confirmation of receipt, using the contact number provided: 1 844 474-6367.
grant_single_labels|otherInfo
- Des frais d'étude d'au moins 0,5 % du montant de l'aide financière sont exigibles de l'entreprise.
- Un honoraire annuel de garantie d'au moins 0,5 % du montant garanti est requis.
- Le programme est actif jusqu'au 31 mars 2025, mais le traitement des demandes dépend du volume reçu.
- Si la demande ne peut pas être traitée avant le 31 mars 2025, une nouvelle version du programme pourrait s'appliquer.
grant_single_labels|contact
1 844 474-6367
