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Program Supporting the Development of Tourist Attractions — Stream 2
Fund to renovate hotels and create new tourist accommodation facilities in Quebec
Last Update: April 10, 2026
Funding available
$ 100,000 - $ 5,000,000
Timeline
- Open Date : April 6, 2023
- Closing date : December 31, 2025
Location
Quebec, Canada
Overview
Get a term loan between $100,000 and $5 million to cover up to 90% of the eligible costs of a renovation project for your establishment. You must secure a contribution from private sources to cover at least 10% of the total costs.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Renovate or expand facilities
Eligible Funding
- Maximum amount : 5,000,000 $
- Minimum amount : 100,000 $
- Up to 50% of project cost
Timeline
- Open Date : April 6, 2023
- Closing date : December 31, 2025
Eligible candidates
Eligible Industries
- Accommodation and food services
Location
- Quebec
Legal structures
- Non-profit
- Public or Parapublic institution
- For-profit business
- Non-financial cooperative
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Indigenous Peoples
- Rural or Northern Residents
- Canadians
Non-profit candidates
Sector of operation
- Economic, Social and Community Development
- Housing
Target groups
- Indigenous peoples
- Business owners / entrepreneurs
- Nonprofits / charities
Revenue structures
- All structures
Scope
- Provincial
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Renovation and upgrading of hotel accommodation units, meeting or conference rooms, and public areas such as lobbies, reception, lounges, public restrooms, bars, and other interior or exterior building features.
- Addition of new hotel infrastructure.
- Construction and expansion of hotel establishments, except for new hotel construction in the territory of the Island of Montreal and the City of Quebec.
- Acquisition of an existing hotel establishment.
Eligibility
Who is eligible?
Eligible applicants for this grant include for-profit businesses, non-profit organizations (NPOs), cooperatives, and Indigenous communities or nations recognized by the National Assembly, as well as any grouping of these clients.
Who is not eligible
- State-owned enterprises (Crown corporations).
- Companies involved in retail or restaurant sectors.
- Businesses operating in the gambling sector.
- Companies involved in the sale or consumption of alcohol or cannabis.
- Projects that are already completed or currently underway.
- Construction of new hotel establishments located on the territory of the Island of Montreal or the City of Québec.
Eligible expenses
The fund is designed to improve hotel infrastructure and expand tourism accommodation in Quebec. Eligible projects focus on both renovation and acquisition to enhance the sector's capacity and service quality.
- Construction and renovation of hotel infrastructure.
- Upgrading existing hospitality facilities, including meeting rooms, public areas, and building exteriors.
- Acquisition of existing hotel establishments.
- Expansion of existing hotel establishments.
Eligible geographic areas
- Quebec
- Projects located in the Îles-de-la-Madeleine
Additional information
- The program features flexible financial solutions tailored to the needs of the hospitality sector.
- Interest rates may be fixed or variable, depending on the project's financial terms and the lender's conditions.
- Collateral requirements are adjusted to reflect the realities of tourism businesses.
- Requests are accepted up to December 31, 2025, and special conditions may apply based on the project evaluation.
Documents and links
Contacts
Frequently Asked Questions about the Program Supporting the Development of Tourist Attractions — Stream 2 Program
Here are answers to the most common questions about the Program Supporting the Development of Tourist Attractions — Stream 2. 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 Program Supporting the Development of Tourist Attractions — Stream 2?
Get a term loan between $100,000 and $5 million to cover up to 90% of the eligible costs of a renovation project for your establishment. You must secure a contribution from private sources to cover at least 10% of the total costs.
How much funding can be received?
Program Supporting the Development of Tourist Attractions — Stream 2 Funds up to 50% of admissible expenses, capped at $5,000,000 per project.
What is the deadline to apply?
The application deadline for this grant program was December 31, 2025.
Who is eligible for the Program Supporting the Development of Tourist Attractions — Stream 2 program?
To be eligible for the Program Supporting the Development of Tourist Attractions — Stream 2 program, you must:
The business must be a for-profit enterprise, non-profit organization (OBNL), cooperative, or a community/nation legally recognized by the National Assembly.
It must operate within Quebec and be registered on the BonjourQuébec.com website, except for start-up projects.
The business should demonstrate medium-term profitability prospects and be considered a hotel-type accommodation.
What expenses are eligible under Program Supporting the Development of Tourist Attractions — Stream 2?
Renovation and upgrading of hotel accommodation units, meeting or conference rooms, and public areas such as lobbies, reception, lounges, public restrooms, bars, and other interior or exterior building features.
Addition of new hotel infrastructure.
Construction and expansion of hotel establishments, except for new hotel construction in the territory of the Island of Montreal and the City of Quebec.
Acquisition of an existing hotel establishment.
Who can I contact for more information about the Program Supporting the Development of Tourist Attractions — Stream 2?
You can contact Investissement Québec (IQ) by email at annie.cloutier@invest-quebec.com or by phone at 4184061131.
Where is the Program Supporting the Development of Tourist Attractions — Stream 2 available?
The Program Supporting the Development of Tourist Attractions — Stream 2 program is available the province of Quebec.