Nordic Incubator-Accelerator — Stream 2 — Financial Assistance QC Canada

Nordic Incubator-Accelerator — Stream 2 — Financial Assistance

QC, Canada
Nordic incubator accelerates sustainable tourism projects north of 49th parallel

grant_single_labels|summary

grant_single|eligibleFinancing
  • grant_single|maxCount
  • grant_single|projectCostPercent
grant_single|deadlines
  • grant_single|openingDateJanuary 01, 2024
  • grant_single|closingDateMarch 31, 2026
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
  • Arts, entertainment and recreation
  • Accommodation and food services
grant_single|grantors
  • Gouvernement du Québec
grant_single|status
grant_card_status|open

grant_single_labels|preview

The Incubateur-accélérateur nordique offers a non-repayable grant of up to $400,000 for businesses undertaking tourism projects north of the 49th parallel, focusing on nature-culture-adventure axes. Eligible activities include sport fishing, adventure tourism, ecotourism, and indigenous tourism, aiming to enhance the economic dynamism of the region.

grant_single_labels|projects

The eligible projects for this grant aim to enhance the tourism sector with a focus on nature, culture, and adventure. These projects are designed to promote sustainable tourism growth and economic development in the specified regions.
  • Sport fishing initiatives.
  • Tourist accommodations combined with activities related to nature, culture, and adventure.
  • Valorization activities of wildlife potential in outfitter locations.
  • Adventure tourism and ecotourism projects.
  • Indigenous tourism projects.
  • Original combinations of the above categories.

grant_single_labels|admissibility

Eligibility for this grant is determined by specific requirements related to the applicant's profile and location of the project.
  • Eligible applicants include for-profit organizations, non-profit organizations, cooperatives, municipal organizations, recognized Indigenous communities and nations, or partnerships thereof.
  • Projects must be located north of the 49th parallel (including Anticosti Island).
  • Applicants with headquarters outside the designated territory can qualify if their project activities take place within the specified area.
  • State-owned enterprises, ministries, and government agencies at both the provincial and federal levels are excluded.
  • Applicants listed in the Register of Enterprises Ineligible for Public Contracts (RENA) and those under financial restructuring or bankruptcy protection are not eligible.
  • Entities that have previously failed to fulfill financial aid obligations in the last two years are excluded.
  • Businesses in the tourism accommodation sector must comply with existing laws and hold a registration number as per the Tourist Accommodation Act.
  • Outfitters must have a valid outfitter's license and meet obligations under the Act on the Conservation and Development of Wildlife, unless exempt under specific legislation.
  • Nature and adventure activity providers must be "Qualité-sécurité" accredited or pursuing accreditation by Aventure Écotourisme Québec.

grant_eligibility_criteria|who_can_apply

Eligible applicants for the Incubateur-accélérateur nordique must be organizations intending to implement tourism projects focused on the nature-culture-adventure axis. These entities include:- For-profit organizations (OBL);- Non-profit organizations (OBNL);- Cooperatives;- Municipal organizations;- Indigenous communities and nations recognized by the National Assembly;- Any combination of these types of businesses.Projects must be located north of the 49th parallel or have activities taking place within the designated territory. Organizations excluded from applying include government-controlled entities, companies under restructuring or bankruptcy protection, applicants on the Register of Ineligible Businesses for Public Contracts (RENA), and those previously failing to meet their obligations under past financial aid agreements.

grant_eligibility_criteria|who_cannot_apply

This grant program is not accessible to certain companies and entities based on their ownership, legal, and financial status. These restrictions ensure the program supports appropriate and qualified tourism projects in the specified region.
  • State-owned corporations and government departments or agencies of Quebec or Canada, including those controlled directly or indirectly by a provincial or federal government.
  • Applicants listed in the Register of Enterprises Ineligible for Public Contracts (RENA) and companies in financial recovery.
  • Companies under the protection of the Companies' Creditors Arrangement Act or the Bankruptcy and Insolvency Act.
  • Businesses that have not fulfilled obligations related to previous financial aid granted by the Ministry of Tourism, Société du Plan Nord, or other Quebec government ministries within the last two years, despite formal notice.
  • Projects related to retail, restaurant, gambling, bars, or those partially or fully completed before the application.
  • Purely cultural projects not linked to indigenous tourism.

grant_eligibility_criteria|zone

This grant is available to companies operating or planning projects in specific regions north of the 49th parallel in Québec. These geographical areas are chosen to support tourism initiatives aligned with nature, culture, and adventure themes.
  • Regions north of the 49th parallel in Québec, including Anticosti Island.
  • Tourism development regions such as Côte-Nord, Saguenay-Lac-Saint-Jean, Eeyou Istchee, Baie-James, and Nunavik.

grant_single_labels|criteria

The evaluation and selection of projects for this grant are based on specific criteria to ensure alignment with the grant’s objectives.
  • Mise en valeur de l’axe nature-culture-aventure (globalement, ou l’un ou l’autre de ces éléments).
  • Présentation claire et précise du projet touristique.
  • Démonstration du potentiel d’affaires.
  • Analyse du marché ciblé (et des segmentations de ce marché) et adéquation avec celui-ci.
  • Compréhension des concurrents.
  • Potentiel du projet et capacités financières validés par un expert (partenaire de l’Incubateur-accélérateur nordique).
  • Bonne gestion financière (structure comptable reconnue).
  • Apport positif pour l'économie locale.
  • Engagement à adhérer à des pratiques écotouristiques et écoresponsables.
  • Volonté de l’entrepreneur d’être mis au défi, ouverture à être accompagné.

grant_single_labels|register

Here are the steps to submit an application for the Incubateur-accélérateur nordique grant:
  • Step 1: Verify Eligibility
  • Ensure your organisation type is among those eligible (e.g., OBL, OBNL, cooperatives, municipal organisations, recognised Indigenous communities and nations).
  • Confirm your project falls within the eligible categories and geographic location (north of the 49th parallel).
  • Step 2: Understand Project Criteria
  • Familiarise yourself with the uses, requirements, and specifics of eligible projects such as nature-culture-adventure activities.
  • Review the selection criteria, including business potential and financial management capabilities.
  • Step 3: Prepare the Application
  • Complete the application form available on the Incubateur-accélérateur nordique’s website during project calls.
  • Gather and prepare necessary documents such as financial data, business model and plan, market validation, and photos of project sites.
  • Step 4: Participate in Interview
  • Attend an individual interview upon invitation to discuss your project further.
  • Step 5: Sign Agreement
  • Sign the letter of agreement formalizing participation in the accompaniment program.
  • Step 6: Submit the Application
  • Submit your completed application package through the specified process in the call for projects.
  • Ensure submission within the designated timeframe, mentioned on the official website or via contact.

grant_single_labels|otherInfo

Here are additional relevant details for this grant:
  • The assistance provided is in the form of a non-repayable grant.
  • The maximum financial aid per company can be increased to $600,000 if the company undertakes more than one support pathway.
  • The beneficiary's financial contribution must originate from a non-governmental source.
  • The total governmental aid received from all ministries and agencies of Quebec and Canada must not exceed a defined cumulative percentage.
  • The program is set to end on March 31, 2026, with financial support contingent on funds availability.
  • Applicants must confirm their eligibility by reviewing the provided list of eligible and ineligible projects, clients, and organizations.
  • Applicants are required to participate in an individual interview by invitation as part of the application process.
  • Eligible applicants must sign an agreement letter to participate in the support program.
  • This accelerator is managed by specialized sectoral tourism associations: La Fédération des pourvoiries du Québec, Tourisme Autochtone Québec, and Aventure Écotourisme Québec.

grant_single_labels|contact

info@ianord.ca
1-800-567-9009

Apply to this program