Fund to stimulate international business tourism – Stream 2

Who is eligible?

Eligible applicants for the Fonds pour stimuler le tourisme d’affaires international (FSTAI) include the following entities:- For-profit organizations (OBL)- Non-profit organizations (OBNL)- Cooperatives- Municipal entities- Indigenous communities, organizations, and nations recognized by the National AssemblyAdditionally, the applicant must be an active entity in the event sector, such as an organizing entity, an entity specialized in event promotion, or a destination management organization. The organization must be legally constituted in Quebec either as a company or another legal type entity.Entities not eligible for this grant are:- Supplier companies and event agencies- Quebec or Canadian government ministries and organizations- Companies directly or indirectly controlled by a provincial or federal government- Companies primarily owned by a state enterprise- Companies under the protection of the Companies' Creditors Arrangement Act or Bankruptcy and Insolvency Act- Companies listed in the register of businesses ineligible for public contracts (RENA)- Companies that have failed to meet obligations or have been issued a formal notice related to the granting of previous financial assistance within the last two years- Political parties

Who is not eligible

This grant excludes certain companies and entities due to their status or main activity. The restrictions ensure that funds are directed toward strategic sectors aligned with the grant's objectives.

• Event suppliers and event agencies.
• Ministries and organizations of the Government of Quebec or Canada.
• Companies controlled directly or indirectly by a government (provincial or federal).
• Companies majority-owned by a Crown corporation.
• Businesses under the protection of the Companies' Creditors Arrangement Act or the Bankruptcy and Insolvency Act.
• Companies registered in the Register of enterprises ineligible for government contracts (RENA).
• Companies that, in the two years preceding the financial aid request, failed to meet their obligations or were duly put on notice regarding previous financial aid grants.
• Political parties.

Eligible expenses

The grant covers specific expenses directly linked to promotional and logistical efforts to attract international business events to Quebec.

• Transportation, accommodation, meals, and incidentals for travel abroad by the applying entity.
• Travel expenses within Quebec for potential clients covered by the applying entity.
• Registration fees for events, as determined eligible based on the application form.
• Fees for pre-approved external specialists needed for event marketing efforts.

Eligible geographic areas

This grant is available for organizations legally constituted and operating in the province of Quebec. Eligible companies are specifically those that can demonstrate their active engagement in the event sector within this region.

• Businesses legally constituted in Quebec.

Here are additional relevant details for this grant:

• The financial assistance is a non-repayable grant.
• Requests can be submitted continuously at Tourisme Laval with specific deadlines.
• Requests can also be submitted between project call dates if circumstances demand it.
• A financial aid agreement must be signed between the beneficiary entity and Tourisme Laval for selected projects.
• The maximum aid provided per project is $50,000, with a cumulative maximum of $200,000 per applicant for all projects under Sections 1 and 2.
• Assistance cannot be increased for cost overruns of approved projects.