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Entreprendre Sherbrooke — Propulsion Fund Sherbrooke
Non-repayable funding for Sherbrooke businesses
Last Update: April 9, 2026
Funding available
$ 1,000 - $ 20,000
Timeline
- Open continuously
Location
Sherbrooke, Estrie, Quebec, Canada
Overview
This program provides non-repayable funding to support business start-ups, growth, succession, buyouts, and long-term business continuity in Sherbrooke. It supports eligible expenses such as capital costs, technology, professional fees, and working capital.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase social or community impact
- Increase production or service capacity
- Implement environmental initiatives
Eligible Funding
- Maximum amount : 20,000 $
- Minimum amount : 1,000 $
- Up to 70% of project cost
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- Manufacturing
- Retail trade
- Accommodation and food services
- Other services (except public administration)
- Public administration
Location
- Sherbrooke
- Estrie
- Quebec
Legal structures
- Non-profit
- Public or Parapublic institution
- For-profit business
- Social economy enterprise
- Non-financial cooperative
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Startups
Non-profit candidates
Sector of operation
- Economic, Social and Community Development
- Employment and Training
- Business Associations
Target groups
- Business owners / entrepreneurs
- Nonprofits / charities
Revenue structures
- Mixed revenue (50%+ earned)
Scope
- Municipal
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Business start-up projects
- Business growth projects
- Business succession projects
- Business buyout projects
- Projects supporting the continuity of an existing business
Documents Needed
- Business plan with 2-year financial projections
- Financial statements
- Proof of capital contribution and cash down payment
- Criminal record declaration for promoters
- Transaction documents, for buyout or succession projects
Eligibility
Who is eligible?
- Social economy enterprises
- For-profit businesses
- Businesses in commerce, services, agro-food, and artisanal production
- Start-ups, growth projects, succession cases, and buyouts
Who is not eligible
- Pyramid businesses
- Businesses promoting violence, nudity, sexuality, religion, politics, or controversial content
- Self-employed workers and commission-based self-employed workers
- Seasonal businesses without year-round operations
- Large-format retail stores under the for-profit stream
Eligible expenses
- Capital expenses such as land, buildings, equipment, machinery, incorporation fees, and patents
- Technology, software, and software licenses
- Professional fees
- Working capital for one year of operations
Ineligible Costs and Activities
- Debt repayment
- Pyramid businesses
- Activities promoting violence, nudity, sexuality, religion, politics, or controversial content
- Self-employed workers paid by commission
- Seasonal projects without year-round operations
Eligible geographic areas
- Sherbrooke, Quebec
Processing and Agreement
- Applications are reviewed by the economic development service.
- The service makes a recommendation to the City of Sherbrooke.
- The City makes the final decision on the application.
- Applicants are informed of the decision in the following days.
Additional information
- One business or group can receive support only once every 24 months.
- Financial statements must be submitted quarterly for 24 months after funding is received.
- Applicants must provide a criminal record declaration.
- The support is intended to be complementary to existing government programs.
Contacts
Frequently Asked Questions about the Entreprendre Sherbrooke — Propulsion Fund Sherbrooke Program
Here are answers to the most common questions about the Entreprendre Sherbrooke — Propulsion Fund Sherbrooke. 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 Entreprendre Sherbrooke — Propulsion Fund Sherbrooke?
This program provides non-repayable funding to support business start-ups, growth, succession, buyouts, and long-term business continuity in Sherbrooke. It supports eligible expenses such as capital costs, technology, professional fees, and working capital.
How much funding can be received?
Entreprendre Sherbrooke — Propulsion Fund Sherbrooke Funds up to 70% of admissible expenses, capped at $20,000 per project.
Who is eligible for the Entreprendre Sherbrooke — Propulsion Fund Sherbrooke program?
To be eligible for the Entreprendre Sherbrooke — Propulsion Fund Sherbrooke program, you must:
Business located in Sherbrooke
Start-up, growth, succession, or buyout project
Viable project with business plan
What expenses are eligible under Entreprendre Sherbrooke — Propulsion Fund Sherbrooke?
Business start-up projects
Business growth projects
Business succession projects
Business buyout projects
Projects supporting the continuity of an existing business
Who can I contact for more information about the Entreprendre Sherbrooke — Propulsion Fund Sherbrooke?
You can contact Entreprendre Sherbrooke by email at none or by phone at none.
Where is the Entreprendre Sherbrooke — Propulsion Fund Sherbrooke available?
The Entreprendre Sherbrooke — Propulsion Fund Sherbrooke program is available Estrie, Quebec.
Is the Entreprendre Sherbrooke — Propulsion Fund Sherbrooke a grant, loan, or tax credit?
Entreprendre Sherbrooke — Propulsion Fund Sherbrooke is a Grant and Funding