Program Supporting the Development of Tourist Attractions — Stream 1

Program Supporting the Development of Tourist Attractions — Stream 1

Loans to develop Quebec tourist attractions

At a glance

Eligible Funding
  • From 150,000$ to 5,000,000$
Timeline
  • Open Date : April 06, 2023
  • Closing date : December 31, 2025
Financing Type
Loans and Capital investments
Eligible Industries
  • Accommodation and food services
Grant Providers
  • Investissement Québec
  • Gouvernement du Québec
Status
Open

Overview

Get a loan or loan guarantee between $150,000 and $5 million to cover up to 60% of project costs to boost the region's potential to attract tourists from other parts of Canada and abroad.

Eligibility criteria

The eligibility criteria for this grant include the following: Eligible Clients: - For-profit businesses, non-profit organizations (NPOs), cooperatives legally incorporated in Quebec, as well as recognized indigenous communities and nations or any combination of these groups. Eligible Sectors: - All businesses with a tourism attraction are eligible. Eligibility Criteria: - Registered on the BonjourQuebec.com website if applicable, except for startup projects. - Operate in Quebec. - Hold the "Accredited Quality-Safety" seal from Aventure Écotourisme Québec when required or commit to obtaining it. - Demonstrate profitability prospects. Admissible Projects: - Construction, reconstruction (including demolition of outdated infrastructure), expansion, interior or exterior development, adaptation or reconversion, equipment acquisition or replacement, acquisition of a tourism business, deployment of a new tourism experience. Ineligible Projects: - Tourist lodges, condotels, residences with less than 4 tourist units or businesses renting less than 4 tourist units, residences on the territory of Montreal Island and Quebec City, certain recreational facilities like cycling paths, snowmobiling trails, and golf courses, refurbishment of docks, tourist information offices, retail and dining businesses, hotel-type accommodation establishments, gambling sector, projects relating to alcohol or cannabis sales and consumption, projects already underway before the application date. Qualified Expenses: - Working capital, equipment, and infrastructure. For more detailed information or specific conditions, please contact the Welcome and Information Service at 1 844 474-6367 or visit the Investissement Québec website.

Who is eligible

- For-profit companies - Non-profit organizations (OBNL) - Cooperatives - Communities and indigenous nations recognized by the National Assembly or any grouping of these clienteles

Eligible expenses

Eligible expenses for this grant include: - Working capital - Equipment and investments These are the expenses that can be covered by the grant.

Eligible projects & activities

- Construction - Reconstruction, including the demolition of existing outdated infrastructure - Expansion - Interior or exterior development - Adaptation or conversion - Acquisition or replacement of equipment - Acquisition of a tourism business - Deployment of a new tourism experience

Evaluation & selection criteria

- Clientele: Eligible businesses include for-profit companies, non-profit organizations (NPOs), cooperatives, as well as recognized Indigenous communities or nations and their groupings. - Eligible Sectors: All businesses with tourist attractions are eligible. - Eligibility Criteria: Must be registered on BonjourQuebec.com (if applicable, except for startup projects), operate in Quebec, hold the seal of Aventure Écotourisme Québec "Accrédité Qualité-Sécurité" or commit to obtaining it, and demonstrate profitability prospects. - Admissible Projects: Projects related to tourist attractions, equipment, or services such as construction, reconstruction, expansion, interior or exterior development, equipment acquisition, acquiring a tourist business, or deploying a new tourist experience. - Non-Admissible Projects: Not eligible for tourist homes, condotels, residences with less than 4 tourism units, tourism residences in Montreal and Quebec City, certain recreational facilities, retail and restaurant projects, hotels, gambling activities, alcohol or cannabis sales/consumption, and projects already in progress before applying for financial assistance.

How to apply

To apply for this grant, you need to fill out and submit the application form for financial assistance - Volet 1 along with the required documents to IQtourisme@invest-quebec.com. For more information, you can contact our Service d'accueil et d'information at 1 844 474-6367.

Additional information

- Applicants must demonstrate profitability and have their activities registered in Quebec. - Projects involving tourist attractions, equipment, or services are eligible. - Certain project types are not eligible, such as gîtes touristiques, condotels, and projects involving alcohol, cannabis, or gambling. - Eligible expenses include working capital, equipment, and infrastructure. - Applicants need to fill out and submit the financial assistance application form along with the required documents to IQtourisme@invest-quebec.com. - The intervention is subject to government aid stacking rules, with different maximum percentages based on the type of entity applying.

Documents and links

Program Supporting the Development of Tourist Attractions — Stream 1

Contact information

IQtourisme@invest-quebec.com
1 844 474-6367
Apply to this program