Quebec International — Set up or expand a business
Québec, QC, Canada
Support to start or grow a business in Quebec City
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|noCondition
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Expert Advice
grant_single|eligibleIndustries
- Manufacturing
- Information and cultural industries
- Finance and insurance
- Health care and social assistance
grant_single|grantors
- Québec International
grant_single|status
grant_card_status|open
grant_single_labels|preview
Get advice to set up or expand a business in Québec City, from experts with knowledge of the regional economy.
grant_single_labels|projects
This grant appears to target companies looking to establish, acquire, or expand in the Québec City region. The focus is on enhancing economic growth within this specific geographical location.
- Businesses situated within the Québec City region.
- Companies planning to set up subsidiaries in the Québec City area.
grant_single|admissibleProjectsExample
$150,000
Upgrade manufacturing equipment to improve production efficiency in a local textile factory
$60,000
Launch an innovative digital marketing platform for small businesses
$100,000
Support a local food truck initiative emphasizing sustainable and local ingredients
$20,000
Develop a community-based urban garden project to promote local food production
$90,000
Create a makerspace to foster innovation and collaboration in technology and crafts
$20,000
Enhance the digital presence of an indigenous arts cooperative
grant_single_labels|admissibility
grant_eligibility_criteria|who_can_apply
Eligible applicants for this initiative include businesses aiming to establish, operate, or expand in the Québec City region, particularly those involved in strategic sectors like technology, manufacturing, and services.
- Businesses planning to set up a subsidiary in the region.
- Foreign companies seeking support for their expansion projects within Québec City.
- Entrepreneurs looking to immigrate to Québec and start a business.
- Companies aiming to partner with regional business incubators or participate in business acquisitions.
grant_eligibility_criteria|eligible_expenses
This grant encapsulates various activities aimed at promoting entrepreneurship, technological innovation, and business expansion within Québec City. It endeavors to create a robust environment that supports new and existing businesses across diverse industries, ensuring economic growth and sustainability.
- Setting up or expanding a business in Québec City.
- Modernization and digital transformation of existing businesses.
- International recruiting to bolster local enterprises.
- Facilitating selling and exporting activities for businesses.
- Developing sectors such as food and nutrition, electronics, and artificial intelligence.
- Creating business cases and value propositions for market entry.
- Partnering with business incubators for venture growth.
- Identifying and accessing financial opportunities and incentives.
grant_single_labels|criteria
The evaluation and selection of projects for the Entrepreneurial Vision - Québec 2026 grant are based on specific criteria that ensure projects align with the objectives of fostering entrepreneurship, innovation, and economic growth in Québec City.
- Alignment with Québec City's entrepreneurial goals and vision.
- Innovation and potential to advance the regional economy.
- The feasibility of the proposed project and its implementation plan.
- Capacity to secure additional financing or investment beyond the grant.
- The anticipated impact on local employment and community development.
grant_single_labels|otherInfo
Here is some additional relevant information for applicants considering this grant:
- Québec International offers consulting services to assist in creating a value proposition or business case.
- There is support available for finding a location or a temporary site, possibly leveraging a 'soft landing' approach.
- Applicants can gain introductions to technology or business partners through Québec International.
- Expertise is available for navigating the local taxation, legal, and financial landscape as part of the project setup or expansion.
- The Entrepreneurial Vision – Québec 2026 aims to make Québec City a leading entrepreneurial capital, with significant funding allocated toward this goal.
- There are partnerships with business incubators such as LE CAMP to support startups and business acquisition.
- Assistance is provided for entrepreneurs interested in immigrating to Québec to start or acquire a business, including identifying business opportunities and navigating immigration processes.
- The funding includes a total of $75.8 million from the Government of Québec, extended by $19.6 million, supporting the regional entrepreneurial ecosystem until March 2025.
Apply to this program
Funding Opportunities Through Québec International
Québec International offers a range of programs and financial assistance tailored to support businesses aiming to establish or expand in the Québec City region. These grants are integral to fostering entrepreneurship and innovation, promoting sustained economic growth and diversification across key sectors.
Detailed Insights Into Funding Programs and Their Strategic Impact
Québec International is a pivotal organization that provides comprehensive support and strategic funding to businesses seeking to thrive in the dynamic economic environment of the Québec City region. The organization plays a crucial role in driving local and international companies towards success by facilitating access to financial resources, expertise, and an extensive network of contacts. This assistance is particularly beneficial for companies focused on sectors such as food and nutrition, insurance and financial services, green building, electronics and optics-photonics, artificial intelligence, manufacturing, life sciences, health technologies, and ICT.
The funding initiatives spearheaded by Québec International, such as the Entrepreneurial Vision – Québec 2026, are specifically crafted to make Québec City an entrepreneurial hub within Canada. The program seeks to infuse over $75.8 million in funding, bolstered by an additional $19.6 million, into the regional economy, specifically targeting innovation, growth, and international competitiveness. The comprehensive financial support available through these grants empowers businesses to invest in modernization, digital transformation, and sustainable practices that align with global economic shifts.
Québec International's approach is comprehensive, going beyond mere financial support. The organization offers turnkey services that encompass market analysis, strategic site selection, business case development, and partnership facilitation. Companies are guided through each phase, from conception to execution, ensuring that they not only secure funding but also benefit from advisory services that enhance project feasibility and longevity.
Moreover, these grants are designed with flexibility to cater to diverse business needs, whether in managing technology innovations or expanding export capabilities. As companies navigate the complexities of setting up or enlarging their operations, they are provided with robust support structures, including assistance with immigration processes for international talent, partnership opportunities with business incubators, and a pathway to potential investors.
A central component of Québec International’s funding initiatives is their alignment with the region’s strategic priorities, notably in enhancing the economic strength of the Francophonie and leveraging Québec City's geopolitical advantages. By fostering an environment that nurtures technological entrepreneurship and sector-specific growth, these grants help cement Québec City’s position as a competitive business landscape.
Businesses tapping into these funding opportunities also gain an advantageous position in navigating local and international markets. The knowledge base and strategic insights shared by Québec International enable companies to anticipate industry changes and adapt to evolving consumer demands effectively. This foresight, coupled with financial backing, positions grant recipients to contribute positively to the region’s economic resilience and innovation ecosystem.
Ultimately, the financial assistance and strategic framework offered by Québec International represent a valuable asset for businesses pursuing ambitious growth trajectories. By leveraging these resources, companies not only enhance their operational capabilities but are also poised to drive broader economic development, fostering an innovative and sustainable business environment in Québec City.
