Open
Source verified July 6, 2026
Quebec Economic Development Program - Diversify your economy
Supports regional economic diversification in Quebec
Funding available
Up to 50% of project cost
Deadline
Open continuously
Location
Quebec, Canada
Overview
The Diversify your economy component of the Quebec Economic Development Program supports SMEs and NPOs in Quebec to strengthen local economies and attract international organizations or tourists from outside Quebec. It can support tourism promotion, local business projects, and community economic facilities.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Develop strategic partnerships
- Access new markets
- Launch or market a product/service
Eligible Funding
- Up to 50% of project cost
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- Quebec
Legal structures
- Non-profit
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Non-profit candidates
Sector of operation
- Economic, Social and Community Development
Target groups
- All the groups
Revenue structures
- All structures
Scope
- All dimensions
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Attracting international organizations to the region
- Promoting tourism outside Québec
- Acquiring community economic facilities
- Supporting local business projects
- Development of the tourism industry, including commercialization strategies and enhancement of tourist attractions, festivals, sporting events, and cultural productions
Official resources
Eligibility
Who is eligible?
- Non-profit organizations (NPOs)
- Economic development organizations
- Municipalities and regional county municipalities (RCMs)
- Organizations tasked with attracting international organizations and foreign investment
- Local businesses, co-ops, business associations, and Indigenous organizations
Who is not eligible
- Retail businesses, including clothing stores, grocery stores, and automobile sales and maintenance outlets
- Food services, including restaurants and cafés
- Transportation services
- Housing construction
- Daycare services
- Hair and beauty salons
- Nightclubs, bars, and cabarets
Eligible expenses
- All costs directly related to the project that are deemed reasonable by CED and essential to the implementation of the project.
Ineligible Costs and Activities
- Non-essential costs not directly related to the project
- Refinancing of an existing debt
- Purchase of an asset at a price that exceeds its fair market value
- Amortization expenses
- Goodwill costs
Selection criteria
- Expected results of the project
- Viability of the business or organization
- Technical and financial management capacity
- Contribution of partners in financial resources or professional services
- Degree of risk
How to apply
- Read the guidelines for the program carefully.
- Use the project submission guidelines to present a project.
- If you wish to submit a project for collective economic equipment, contact CED.
Contacts
Frequently Asked Questions about the Quebec Economic Development Program - Diversify your economy Program
What is the Quebec Economic Development Program - Diversify your economy?
The Diversify your economy component of the Quebec Economic Development Program supports SMEs and NPOs in Quebec to strengthen local economies and attract international organizations or tourists from outside Quebec. It can support tourism promotion, local business projects, and community economic facilities.
How much funding can be received?
Quebec Economic Development Program - Diversify your economy Funds up to 50% of admissible expenses.
Who is eligible for the Quebec Economic Development Program - Diversify your economy program?
To be eligible for the Quebec Economic Development Program - Diversify your economy program, you must:
The project may be eligible for flexible program conditions if the applicant is an SME or NPO in an economically vulnerable RCM or in Montréal’s East End.
For community economic facilities projects, the project must benefit multiple users, be a regional priority, and fit within the region’s development approach.
For community economic facilities projects, the project must be carried out in one of the RCMs targeted by CED because it is experiencing slow economic growth.
What expenses are eligible under Quebec Economic Development Program - Diversify your economy?
Attracting international organizations to the region
Promoting tourism outside Québec
Acquiring community economic facilities
Supporting local business projects
Development of the tourism industry, including commercialization strategies and enhancement of tourist attractions, festivals, sporting events, and cultural productions
Who can I contact for more information about the Quebec Economic Development Program - Diversify your economy?
You can contact Canada Economic Development for Quebec Regions (CED) by email at none or by phone at 1-800-561-0633.
Where is the Quebec Economic Development Program - Diversify your economy available?
The Quebec Economic Development Program - Diversify your economy program is available the province of Quebec.
Is the Quebec Economic Development Program - Diversify your economy a grant, loan, or tax credit?
Quebec Economic Development Program - Diversify your economy is a Grant and Funding