REGI — Business Scale-up and Productivity — CED (QC) — Not-for-profit
QC, Canada
Financing to accelerate growth in Quebec
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- Manufacturing
- Information and cultural industries
- Other services (except public administration)
grant_single|grantors
- Government of Canada
- Canada Economic Development for Quebec Regions (CED)
grant_single|status
grant_card_status|open
grant_single_labels|preview
Get a financial contribution to help you scale up and expand, adopt and commercialize innovative technologies and processes, or diversify your markets.
grant_single_labels|projects
This grant is available specifically to sectors located within various regions of Quebec. SMEs or NPOs located in economically vulnerable RCMs or in Montréal’s East End may also enjoy flexible program conditions.
- Sectors located within Quebec regions.
- SMEs or NPOs in economically vulnerable RCMs.
- SMEs or NPOs in Montréal’s East End.
grant_single|admissibleProjectsExample
$40,000
Toronto
Adoption of new software tools to improve managerial efficiency at a social economy enterprise
$85,000
Calgary
Purchase of advanced woodworking machinery to increase production at a local artisan workshop
$60,000
Halifax
Modernization of the digital infrastructure for a non-profit dedicated to community development
$180,000
Montreal
Purchase and installation of digital printing equipment to enhance production at a local print company
$85,000
Ottawa
Development and commercialization of a new eco-friendly packaging solution by a small startup
$55,000
Vancouver
Implementation of a new marketing strategy to drive online sales for a local handmade crafts cooperative
grant_single_labels|admissibility
Eligibility for this grant is determined by specific criteria related to the applicant's business type and sector.
- The applicant must be a Small or Medium-sized Enterprise (SME), Co-op, Business association, Non-profit organization (NPO), Business support organization, or Indigenous organization.
- The applicant should not belong to sectors such as retail (e.g., clothing stores, grocery stores), food services (e.g., restaurants, cafés), transportation services, housing construction, daycare services, hair and beauty salons, or nightlife venues like nightclubs, bars, and cabarets.
- Organizations located in economically vulnerable RCMs or Montréal’s East End may have flexible eligibility conditions.
grant_eligibility_criteria|who_can_apply
Eligible applicants for this grant include small and medium enterprises (SMEs), co-operatives, business associations, non-profit organizations (NPOs), business support organizations, and Indigenous organizations. These entities must be involved in innovative projects aimed at business growth and competitiveness within specific sectors such as manufacturing, food processing, information technologies, multimedia technologies, and life sciences. Ineligible applicants include retail businesses, food services, transportation services, housing construction, daycare services, hair and beauty salons, and entertainment venues like nightclubs and bars.
grant_eligibility_criteria|who_cannot_apply
This grant excludes certain companies and industries due to their status or main activity. The restrictions aim to ensure that funds are directed toward strategic sectors aligned with the grant's objectives.
- Retail businesses (e.g., clothing stores, grocery stores or automobile sales and maintenance outlets).
- Food services (e.g., restaurants and cafés).
- Transportation services.
- Housing construction.
- Daycare services.
- Hair and beauty salons.
- Nightclubs, bars, and cabarets.
grant_eligibility_criteria|eligible_expenses
This grant supports projects that enhance business growth through innovation, targeting multiple sectors such as manufacturing and information technologies. Activities sponsored by the program are designed to improve productivity, market presence, and management within businesses.
- Acquisition of digital production equipment or machinery and infrastructure.
- Assessment, adaptation or adoption of new technologies or new production processes.
- Activities aimed at boosting productivity and production or innovation capacity.
- Commercialization and market development efforts.
- Implementation of commercialization strategies, such as participating in trade fairs and conducting prospecting visits.
- Hiring marketing staff and creating ad campaigns.
- Conducting market diagnostics and studies.
- Showcasing and demonstrating technology.
- Business management improvements, including hiring resources to set up top-performing teams.
- Adopting best management practices, processes, and systems like Enterprise Resource Planning.
grant_eligibility_criteria|zone
Eligible expenses for this grant include costs directly associated with the project and crucial to its implementation.
- Costs related to the acquisition of production equipment or machinery.
- Expenses for technology assessment, adaptation, or adoption.
- Activities enhancing productivity and innovation capacity.
- Costs for commercialization and market development activities.
- Implementation expenses for commercialization strategies.
- Hiring of resources for building high-performance teams.
- Adoption and implementation of best management practices and systems.
grant_single_labels|criteria
The evaluation and selection of projects for this grant are based on specific criteria designed to assess the potential impact and feasibility of the proposed initiative.
- The expected results of your project.
- The viability of your business or organization.
- Your technical and financial management capacity.
- The contribution of partners in terms of financial resources or professional services.
- The degree of risk associated with the project.
grant_single_labels|register
Here are the steps to submit an application for this grant:
- Step 1: Review Eligibility
- Confirm that your organization is either an SME or NPO.
- Ensure your project aligns with the eligible sectors and activities.
- Make sure your project does not fall under the ineligible categories listed.
- Step 2: Refer to Project Submission Guide
- Download and thoroughly read the Project Submission Guide for comprehensive instructions.
- Gather information on what is required for the application process.
- Step 3: Prepare Project Proposal
- Draft a project proposal outlining objectives, expected results, and implementation plans.
- Include technical and financial management capacity, along with partner contributions.
- Step 4: Compile Supporting Documents
- Collect necessary documentation such as financial data, project plans, and feasibility studies.
- Ensure all documents support the viability of your project.
- Step 5: Submit Application
- Contact CED using the provided contact methods for submission details.
- Ensure all parts of the application are completed as per the guidelines.
- Step 6: Await Feedback
- Wait for communication from CED regarding the status of your application.
- Be prepared to provide additional information if requested.
grant_single_labels|otherInfo
Additional details that may be worth knowing for applicants interested in this grant:
- This funding is provided under the REGI program.
- For SMEs, financial assistance is repayable without interest and repayment begins two years after the end of the project.
- For NPOs, financial assistance is non-repayable, generally covering up to 90% of authorized costs, except in the case of capital projects where it covers up to 50%.
- Projects located in Montreal’s East End may be eligible for flexibility under specific parameters.
- Costs should be deemed reasonable by CED and essential to the implementation of the project to be considered eligible.
- Certain costs, such as refinancing existing debts, purchasing assets above market value, and goodwill costs, are explicitly ineligible.
- Are you ineligible? Alternative assistance might be available via CED's network of partners.
Apply to this program
Boost Your Business with REGI Funding for Quebec Regions
The Canada Economic Development for Quebec Regions offers a dynamic funding opportunity through its REGI program to support SMEs and NPOs aiming for business growth and innovation. This initiative predominantly caters to the manufacturing, food processing, information technologies, and life sciences sectors to help drive productivity and competitiveness.
Understanding the REGI Funding for Business Scale-up and Productivity
This funding program is a strategic initiative designed to support small and medium-sized enterprises (SMEs) and non-profit organizations (NPOs) in Quebec, focusing on fostering innovation and enhancing business productivity. Offered under the Regional Economic Growth through Innovation (REGI) program by Canada Economic Development, the funding aims to support projects that can enable business growth, increase competitiveness, and promote the adoption of innovative practices and technologies.
Eligible projects can receive funding for a variety of activities including the acquisition of new digital production equipment, infrastructure improvements, adaptation or adoption of new technologies, and enhancements in production processes. This financial assistance aims to elevate businesses by improving their operational efficiencies, expanding market reach, and introducing strategic practices through commercialization and market development initiatives.
For SMEs, the program provides repayable financial assistance covering up to 50% of authorized project costs. This assistance is interest-free, with repayments starting two years post-project completion, which offers substantial relief and financial flexibility to these enterprises. Meanwhile, NPOs can benefit from non-repayable funding covering up to 90% of authorized costs, providing a significant opportunity for growth without the financial burden of repayment.
Beyond just financial aid, this program also aims to boost the region's economic fabric by encouraging strategic business practices and management improvements. This can include hiring resources to form high-performing teams, adopting top-tier management processes and systems like Enterprise Resource Planning (ERP), and crafting comprehensive market development strategies. These initiatives are crucial for businesses seeking to thrive in an increasingly competitive market landscape.
Moreover, the program supports the integration of innovative practices and technologies, enhancing the productivity and competitiveness of businesses within eligible sectors. These sectors include manufacturing, food processing, and information, communications and multimedia technologies, with potential for other sectors based on project fit with program goals. Such a wide range of support provides flexibility and encourages diverse innovations tailored to specific industrial needs.
For those in economically vulnerable areas or regions like Montreal's East End, additional flexibility in program conditions can provide further encouragement and support, helping to bridge economic disparities and promote inclusive development across Quebec's regions.
Finally, the selection of funded projects follows a thorough evaluation process. This process assesses the expected outcomes, the viability and management capacity of the business, and the potential risks involved. It ensures that projects not only align with the strategic goals of fostering innovation and growth but also represent sustainable, impactful investments.
The REGI funding by Canada Economic Development serves as a valuable catalyst for businesses and organizations aspiring to innovate and expand. By facilitating access to the necessary resources and support, this program stands out as a pivotal element in driving economic development across Quebec's diverse regions, paving the way for a more dynamic and competitive business environment.