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
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, implementation of commercialization strategies.
- 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
- Implementation of commercialization strategies
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
Financial assistance is available for SMEs and NPOs in eligible sectors, with funding generally covering up to 50% of authorized costs for SMEs and up to 90% for NPOs. Repayment terms for SMEs start two years after project completion, and eligible costs include those directly related to the project deemed reasonable by CED.
- Examples of eligible clients: SMEs, Co-ops, Business associations, NPOs, Business support organizations, Indigenous organizations
- Examples of ineligible clients: Retail businesses, Food services, Transportation services, Housing construction, Daycare services, Hair and beauty salons, Nightclubs, bars, and cabarets
- Analysis criteria include expected project results, business or organization viability, technical and financial management capacity, partner contributions, and risk assessment.
grant_eligibility_criteria|who_can_apply
There are several types of companies eligible for this grant:
- SMEs
- Co-ops
- Business associations
- Non-profit organizations (NPOs)
- Business support organizations
- Indigenous organizations
grant_eligibility_criteria|who_cannot_apply
Some types of companies are not eligible for this grant:
- 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
Eligible expenses for this grant include costs directly related to the project that are deemed reasonable by CED and essential to its implementation. Some eligible expenses may include the following:
- Acquisition of digital production equipment or machinery
- Assessment, adaptation, or adoption of new technologies or production processes
- Commercialization and market development activities
- Technology showcasing and demonstration
- Hiring resources to set up top-performing teams
grant_single_labels|criteria
There are evaluation and selection criteria for this grant. Projects are analyzed based on the expected results, viability of the business or organization, technical and financial management capacity, partner contributions, and risk assessment.
- Expected results of the project
- Viability of the business or organization
- Technical and financial management capacity
- Contribution of partners in terms of financial resources or professional services
- Degree of risk
grant_single_labels|register
- Refer to the Project Submission Guide.
- For more information, contact us.
Apply to this program
Grant Summary:
This grant, provided by Canada Economic Development for Quebec Regions, supports SMEs and NPOs in fostering innovation and business growth. It offers funding for projects that promote expansion, productivity, and competitiveness through innovation in various sectors.
Grant Details:
Canada Economic Development for Quebec Regions (CED) offers financial assistance to SMEs and NPOs to support innovative projects that drive business growth and enhance competitiveness in sectors like manufacturing, food processing, information technology, life sciences, and more. The funding, part of the REGI program, can be obtained at any stage of a business's development and supports activities like acquiring digital equipment, adopting new technologies, boosting productivity, and market development. Financial assistance is generally up to 50% of authorized costs for SMEs and up to 90% for NPOs, with repayment terms and eligible costs varying based on the nature of the project.
The grant encourages activities such as participation in trade fairs, market studies, technology demonstration, and hiring top-performing teams to enhance business management. Eligible clients include SMEs, co-ops, NPOs, business associations, indigenous organizations, and business support organizations. Ineligible sectors consist of retail businesses, food services, transportation, and housing construction, among others. The eligibility criteria focus on project results, business viability, management capacity, partner contributions, and risk assessment.
To apply for the grant, interested parties need to refer to the Project Submission Guide provided by CED and follow the specified steps for submission. The analysis criteria prioritize the expected outcomes of the project, technical and financial management capabilities, partner contributions, and risk assessment. Successful projects are those that demonstrate a clear vision for growth and innovation, along with strong technical and financial management practices.
In conclusion, this grant from CED serves as a valuable resource for SMEs and NPOs seeking to implement innovative projects that drive business growth, enhance productivity, and strengthen competitiveness across various sectors. By providing financial support and guidance, CED aims to foster a culture of innovation and economic development within the Quebec region, ultimately contributing to the overall growth of businesses and organizations in the area.
