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Quebec International — Set up or expand a business - Québec - QC - Canada

Quebec International — Set up or expand a business

Last Update: January 24, 2025
Québec, QC
Support to start or grow a business in Quebec City

Quebec International — Set up or expand a business at a glance

Eligible Funding
  • No Condition
Timeline
  • Continuous Intakes
Financing Type
Expert Advice
Eligible Industries
  • Manufacturing
  • Information and cultural industries
  • Finance and insurance
  • Health care and social assistance
Grant Providers
  • Québec International
Status
Open

Overview of the Quebec International — Set up or expand a business program

Get advice to set up or expand a business in Québec City, from experts with knowledge of the regional economy.

Financing terms and conditions

The grant to set up or expand a business in Québec City provides comprehensive support for facilitating business growth and establishment in the region. However, specific financing modalities related to this grant are not detailed in the provided information.

Eligible projects & activities

This grant provides support for the establishment and expansion of businesses within the Québec City region. Eligible activities are focused on setting up subsidiaries, expanding operations, and bolstering the local economy through strategic business initiatives.
  • Setting up a new business or one of its subsidiaries in Québec City.
  • Expanding an already-established business or subsidiary in the region.
  • Facilitating business acquisitions, including franchises.
  • Identifying financial opportunities and incentives for business growth.
  • Providing support for business plan assessments and finding investors.
  • Developing partnerships with business incubators like LE CAMP.
  • Assisting with employee relocation for newly established or expanded businesses.
Examples of admissible projects:

$ 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

Eligibility criteria of the Quebec International — Set up or expand a business program

Who is eligible?

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.

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.

Eligible geographic areas

The Quebec International grant is aimed specifically at businesses located in Quebec City, Canada. It collaborates with local entities to assist in business establishment and expansion.
  • Businesses located in Quebec City, Canada.

Eligibility criteria of the Quebec International — Set up or expand a business program

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.

How to apply to the Quebec International — Set up or expand a business program

1
Contact with Québec International
  • Contact the Québec International team to discuss your project and funding needs.
  • Make an appointment with an advisor to obtain details on the available financial assistance measures.
2
Evaluation of opportunities
  • Identify the programs and financial assistance measures suitable through the Quebec Entrepreneurial Vision 2026.
  • Analyze the eligibility criteria and the application process for the various grants.
3
Preparation of the request
  • Gather all necessary information, including the business case and financial projections.
  • Prepare the required documents, such as project plans and balance sheets.
4
Submission of the application
  • Send the grant application and all required documents to Québec International or the appropriate organization.
  • Confirm the receipt of the application with an advisor.
5
Follow-up and support
  • Collaborate with Québec International to monitor the demand.
  • Benefit from the support of advisors for the implementation of the project if the grant is awarded.

Additional information

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

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