
Honorific grants 2024 — Entreprendre ici
At a glance
- Max. $25,000
- Open Date : June 26, 2024
- Closing date : August 26, 2024
- All industries
Overview
The Honorific Grants 2024, offered by the Ministère de l’Économie et de l’Innovation in collaboration with Entreprendre ici, aim to support ethnocultural diversity entrepreneurs in Québec. These grants, each valued up to $25,000, are intended for entrepreneurs planning to create or develop a business anywhere in the province. All application materials and pitches must be in French, with the submission period running from June 26 to August 7, 2024.
Financing terms and conditions
This grant provides financial support to diversify and enhance Quebec's entrepreneurial landscape by focusing on ethnocultural diversity. It awards specific financial amounts to successful candidates to bolster their innovative economic ventures.
- The grant awards a total of 24 scholarships, each valued at $25,000.
- The financial award is intended to support projects contributing to economic development and innovation across Quebec.
Activities funded
The 2024 Honorary Scholarships grant aims to support entrepreneurial projects focused on economic development and innovation within the ethnocultural communities of Quebec.
- Innovative entrepreneurship projects led by immigrants or individuals from ethnocultural diversity.
- Initiatives that promote regional economic development in Quebec.
- Actions aimed at increasing the reach and economic impact of local small and medium-sized enterprises (SMEs).
- Programs integrating new technologies to stimulate economic growth.
Eligibility
Eligibility for this grant is determined by specific criteria associated with the applicant's profile and project objectives.
- The applicant must be an entrepreneur from an ethnocultural diversity background and an immigrant.
- The project must aim at economic development and innovation.
- The applicant must be located in the province of Quebec, Canada.
- Applicants must provide a proof of NEQ (Quebec Enterprise Number).
- Applicants must provide proof of Canadian citizenship or permanent residency.
Who is eligible?
This grant, titled "Bourses d’honneur 2024," is aimed at entrepreneurs from diverse ethnic backgrounds who have immigrated to Quebec. To be eligible, applicants must be working on a project that contributes to economic development and innovation within any region of Quebec. Potential candidates are required to submit their applications in French through an online platform provided by Entreprendre ici. Importantly, applicants must demonstrate their status as either Canadian citizens or permanent residents to qualify for this grant.
Eligible expenses
The Honorary Scholarship Program supports projects led by entrepreneurs from diverse ethnocultural backgrounds aimed at economic development and innovation in Quebec.
- Entrepreneurial projects focused on regional economic development.
- Initiatives promoting innovation in various economic sectors.
- Projects promoting the economic integration of ethnocultural communities.
Eligible geographic areas
This grant is available to entrepreneurs whose projects aim to contribute to economic development and innovation across all regions of Quebec. The focus is on fostering entrepreneurship among individuals from ethnocultural diversity and immigration backgrounds.
- All regions of Quebec.
Selection criteria
The evaluation and selection of projects for the Bourses d’honneur 2024 are based on specific criteria to ensure alignment with the grant’s objectives of supporting ethnocultural diversity in entrepreneurship and promoting economic development and innovation.
- Description of the company (500 words)
- Originality and innovation (200 words)
- Market study – demonstration of business opportunities (900 words)
- Marketing plan – marketing strategy (500 words)
- Operations plan (700 words)
- Financial plan (500 words)
- Entrepreneur’s and associates’ track record (300 words)
- Quality and presentation of the application file
- Overall appreciation of the project
How to apply
Preparation of the application
- Consult the step-by-step tutorial and the detailed guide available on the website to prepare your application.
- Create an executive summary using the mandatory template available online.
Compilation of the necessary documents
- Attach the financial statements for each year of activity up to a maximum of three years.
- Download one of the available templates for financial projections over two years and complete it.
- Obtain proof of NEQ for your business.
- Prepare proof of citizenship or permanent residency.
Filling out the application form
- Access the online application form on the Entreprendre website here.
- Complete all sections of the form with accurate and complete information.
Submission of the request
- Attach all required documents in PDF format following the naming format "Candidate Name_document name".
- Submit your application online before the closing date.
Additional information
Additional relevant details for the Bourses d'honneur 2024 include procedural and preparatory aspects crucial for applicants.
- All applications must be submitted online in French; no email submissions are accepted.
- Ensure all sections of the application form are completed thoroughly as incomplete forms may lead to disqualification.
- Finalists will have the opportunity to pitch their projects in front of an independent jury; thus, preparing a strong pitch is essential.
- The executive summary, financial statements, and financial projections are not reviewed in the initial evaluation phase, so detailed and clear information in the application form is vital.
- Disqualification may occur if the executive summary exceeds three pages.
- NEQ (Quebec Enterprise Number) and proof of citizenship or permanent residency documents are required for submission.
- A business plan is highly recommended to strengthen the application, and resources are available to assist in its creation.
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