Closed
PARESAU – Component 1
Support for strategic businesses in financial difficulty
Last Update: March 4, 2026
Funding available
$ 100,000
Timeline
- Closing date : March 31, 2025
Location
Quebec, Canada
Overview
The PARESAU - Volet 1 grant provides non-repayable financial support of up to $100,000 to strategic businesses in Quebec facing financial difficulties to help develop and implement solutions. Eligible activities include conducting financial or operational analyses, feasibility studies, implementing solutions, temporary management, and asset preservation.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Reduce environmental footprint
Eligible Funding
- Maximum amount : 100,000 $
- Up to 75% of project cost
Timeline
- Closing date : March 31, 2025
Eligible candidates
Eligible Industries
- All industries
Location
- Quebec
Legal structures
- For-profit business
- Social economy enterprise
- Non-financial cooperative
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
This grant targets support for strategically significant companies facing financial difficulties by providing them with solutions to ensure their continuity. It encompasses a variety of projects focused on auditing and developing recovery strategies.
- Conducting a study or analysis to assess the financial and/or operational situation of the company.
- Conducting a feasibility study to validate the technically and economically viable solutions.
- Developing, implementing, and monitoring solutions aimed at addressing the company's difficulties.
- Temporary management of the company by a third party, excluding trustees.
- Expenses intended for the preservation of major industrial assets in the event of a short-term recovery.
Eligibility
Who is eligible?
Eligible applicants for the PARESAU - Volet 1 grant include for-profit businesses, cooperatives, and social economy enterprises that have been operating in Quebec for at least three years. These businesses must be at risk of closure or show signs of closure and be deemed strategic by the Ministry of Economy, Innovation, and Energy (MEIE). Certain industry sectors may be excluded from eligibility.
Eligible expenses
The grant covers expenses directly associated with professional services and essential operational measures.
- Professional fees for external consulting firms.
- Costs related to the purchase of specialized, relevant, and necessary information, including statistics and market analyses.
- Travel and accommodation expenses for professionals from external consulting firms, in compliance with government standards outlined in the Quebec Government Management Policy Handbook.
- Expenses related to the preservation of major industrial assets to prevent the deterioration of a building and its principal equipment, including electricity costs and maintenance of the building and its equipment.
Eligible geographic areas
- Businesses operating in Quebec for at least three years.
Additional information
The following additional information is relevant for applicants of this grant:
- Applicants must ensure that their business is not under the protection of Canada's Bankruptcy and Insolvency Act.
- Funding is provided as a non-repayable financial contribution, which covers up to 75% of eligible expenses.
- The maximum funding limit is set at $100,000 per enterprise.
- The deadline for applying under this program is March 31, 2025.
Contacts
Frequently Asked Questions about the PARESAU – Component 1 Program
Here are answers to the most common questions about the PARESAU – Component 1. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the PARESAU – Component 1?
The PARESAU - Volet 1 grant provides non-repayable financial support of up to $100,000 to strategic businesses in Quebec facing financial difficulties to help develop and implement solutions. Eligible activities include conducting financial or operational analyses, feasibility studies, implementing solutions, temporary management, and asset preservation.
How much funding can be received?
PARESAU – Component 1 Funds up to 75% of admissible expenses, capped at $100,000 per project.
Who is eligible for the PARESAU – Component 1 program?
To be eligible for the PARESAU – Component 1 program, you must:
The company must be a for-profit, cooperative, or social economy enterprise.
The company must have been operating in Quebec for at least three years.
The company must show signs of potential closure or be at risk of closure.
The company must be deemed strategic by the Ministry of Economy, Innovation, and Energy (MEIE).
What expenses are eligible under PARESAU – Component 1?
This grant targets support for strategically significant companies facing financial difficulties by providing them with solutions to ensure their continuity. It encompasses a variety of projects focused on auditing and developing recovery strategies. Conducting a study or analysis to assess the financial and/or operational situation of the company.
Conducting a feasibility study to validate the technically and economically viable solutions.
Developing, implementing, and monitoring solutions aimed at addressing the company's difficulties.
Temporary management of the company by a third party, excluding trustees.
Expenses intended for the preservation of major industrial assets in the event of a short-term recovery.
Who can I contact for more information about the PARESAU – Component 1?
You can contact Investissement Québec (IQ) by email at aidefinanciere@invest-quebec.com or by phone at 1-844-474-6367.
Where is the PARESAU – Component 1 available?
The PARESAU – Component 1 program is available the province of Quebec.
Is the PARESAU – Component 1 a grant, loan, or tax credit?
PARESAU – Component 1 is a Grant and Funding