Panorama Program
QC, Canada
Supports export diversification with financial services and expert guidance
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|fromMinToMax
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Expert Advice
Loans and Capital investments
grant_single|eligibleIndustries
- Agriculture, forestry, fishing and hunting
- Manufacturing
grant_single|grantors
- Investissement Québec (IQ)
grant_single|status
grant_card_status|open
grant_single_labels|preview
The Panorama Program offers funding ranging from $250,000 to over $1,000,000 to support export diversification strategies for businesses outside of Quebec, including working capital and capital expenditures. Eligible activities include business development, opening offices abroad, and responding to international contracts, with additional support provided through strategic and personalized guidance.
grant_single_labels|terms_and_conditions
- Term loans ranging from $250,000 to $1,000,000 for working capital financing to support market diversification strategies outside of Quebec, including international markets (excluding the United States).
- A repayment moratorium on principal up to 24 months.
- No requirements for security or corporate/personal guarantees, unless the financial and credit strength criteria of the company are not met.
- Financing exceeding $1,000,000 available for projects requiring both working capital and fixed asset financing.
- Potential combination of Panorama with other financing solutions to address diverse needs associated with entering new markets.
- Collaboration with Export Development Canada (EDC) for enhanced support.
grant_single_labels|projects
- Exploration of new markets outside Quebec and international, except the United States.
- Deployment of a business development strategy demanding major investment.
- Development efforts to increase sales in diversification markets, through consultation fees, travel and promotional expenses, hiring a local representative, and legal fees.
- Establishing a foreign office (sales, services, or logistics).
- Fulfilling a contract with a buyer outside Quebec.
- Acquisition of a foreign company aiming to expand a sales network, diversify a product portfolio, or realize manufacturing synergies.
- Purchase of new equipment or adding a production line to meet the demands of an international client.
- Support for setting up or acquiring a foreign business for market development.
grant_single_labels|admissibility
- The applicant must be an established business with experience in markets outside of Quebec.
- The product or service proposed must have potential in the targeted market.
- The projects should not lead to delocalization in Quebec, such as job losses or factory closures.
- The projects must comply with international trade rules.
- Start-up companies are excluded from eligibility.
- Exemptions apply to certain sectors, including healthcare staffing agencies, accountancy firms, cryptocurrency, finance and insurance, real estate land development, public relations and media services (except advertising agencies), and legal services. Certain sectors may have restrictions: agriculture and fishing, cannabis and industrial hemp, private medical clinics, owner-occupied real estate, tourism, and direct-to-consumer sales (B2C) including retail.
- Enterprises failing to meet environmental, social, and governance (ESG) risk management and opportunity requirements may be excluded.
- Investment Quebec prioritizes eco-friendly management practices and encourages supported businesses to adopt socially responsible behaviors.
grant_eligibility_criteria|who_can_apply
- Exporters based in Quebec with experience in markets outside Quebec
- Companies with products or services that have potential in the targeted market
- All sectors (with some exceptions and restrictions)
- Businesses that do not involve delocalization within Quebec
- Projects in compliance with international trade rules
grant_eligibility_criteria|who_cannot_apply
- Health personnel placement agencies.
- Accounting firms.
- Cryptocurrency-related businesses.
- Finance and insurance companies.
- Real estate companies involved in land subdivision.
- Public relations and media services (except advertising agencies).
- Legal services.
- Start-up companies.
grant_eligibility_criteria|eligible_expenses
- Business development fees aimed at increasing sales in diversification markets.
- Travel and promotion expenses for market expansion.
- Costs for hiring a local representative abroad.
- Legal fees related to market diversification.
- Expenses for opening an office abroad for sales, services, or logistics.
- Costs associated with fulfilling a contract with a buyer outside Quebec.
grant_eligibility_criteria|zone
- Established companies based in Quebec.
grant_single_labels|register
- Step 1: Fill Contact Form
- Visit the Investissement Québec website.
- Fill out the contact form with your personal and company information.
- Specify your current status in exportation and the sector of activity for your potential market.
- Step 2: Specify Project Needs
- Indicate your needs regarding financing and/or accompaniment for your export project.
- Select the region(s) targeted by your export project.
- Step 3: Submit Form
- Review the completed form for accuracy.
- Submit the form to Investissement Québec.
- Wait for a response from the team to proceed with the grant application process.
grant_single_labels|otherInfo
- Panorama can be combined with other Investissement Québec solutions for financing needs exceeding $1,000,000.
- Partnership with Exportation et Développement Canada (EDC) is leveraged to support international market diversification.
- Preference is given to companies adopting environmentally and socially responsible management practices.
