REGI — Business Scale-up and Productivity — CED (QC) — Private sector QC Canada

REGI — Business Scale-up and Productivity — CED (QC) — Private sector

QC, Canada
Financing to accelerate growth in Quebec
grant_single_labels|summary
grant_single_labels|preview
grant_single_labels|projects
grant_single_labels|admissibility
grant_single_labels|criteria
grant_single_labels|register
grant_single_labels|otherInfo

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
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 for SMEs and NPOs in Quebec, particularly focusing on economically vulnerable regions or specific areas like Montréal’s East End. These locations have flexible conditions under the funding program to bolster regional economic development.
  • Economically vulnerable RCMs in Quebec.
  • Montréal’s East End.
grant_single|admissibleProjectsExample

$42,500

Diversifying market presence through a new online platform

$37,500

Launching a new eco-friendly product line and attending international trade fairs

$27,500

Implementing a new digital inventory management system and training staff

$35,000

Implementing best management practices and upgrading IT infrastructure

$62,500

Upgrading production machinery for a chocolate factory

$137,500

Adopting new robotic technology for manufacturing

grant_single_labels|admissibility

Eligibility for this grant is determined by the type of clients and sectors targeted by the program.
  • Applicants must be Small and Medium Enterprises (SMEs), Co-ops, Business associations, Non-profit organizations (NPOs), Business support organizations, or Indigenous organizations.
  • The applicant must not be involved in sectors like retail (e.g., clothing stores, grocery stores), food services (e.g., restaurants, cafés), transportation, housing construction, daycare, hair and beauty salons, or nightlife venues like nightclubs and bars.
  • The project must align with the program's objectives, which include business growth, productivity, and competitiveness through innovation.
  • SMEs or NPOs in an economically vulnerable area or Montréal’s East End may be eligible for more flexible program conditions.

grant_eligibility_criteria|who_can_apply

Eligible clients for the Canada Economic Development for Quebec Regions' Business Scale-up and Productivity grant include Small and Medium Enterprises (SMEs), co-ops, business associations, non-profit organizations (NPOs), business support organizations, and Indigenous organizations. Projects from SMEs or NPOs looking to foster expansion, productivity, and growth through innovation in various sectors such as manufacturing, food processing, ICT, life sciences, and potentially other sectors are eligible. However, retail businesses, food services, transportation services, housing construction, daycare services, hair and beauty salons, and nightlife establishments are ineligible. Additionally, SMEs or NPOs in economically vulnerable RCMs or Montréal’s East End may be eligible for more flexible conditions.

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 funding supports SMEs and NPOs engaged in projects that enhance business growth through innovation, particularly aiming at improving productivity and competitiveness in various sectors. Activities eligible for this grant are aligned with technological advancement and market expansion.
  • 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 such as participation in trade fairs and prospecting visits.
  • Hiring of marketing staff and conducting ad campaigns.
  • Conducting market diagnostics and studies.
  • Technology showcasing and demonstration.
  • Business management improvement by hiring resources to set up top-performing teams.
  • Adoption of best management practices, processes and systems like Enterprise Resource Planning.

grant_eligibility_criteria|zone

The grant supports various direct project expenses deemed essential for project execution and innovation.
  • Costs directly related to the acquisition of new technology or the assessment, adaptation, or adoption of new technologies.
  • Expenses for the acquisition of digital production equipment or infrastructure.
  • Costs associated with activities aimed at enhancing productivity and innovation capacity.
  • Expenses for market development, such as participation in trade fairs and prospecting visits.
  • Costs for hiring marketing staff and conducting ad campaigns.
  • Market diagnostics and studies expenses.
  • Technology showcasing and demonstration costs.
  • Costs for hiring resources to establish top-performing teams.
  • Adoption costs for best management practices, processes, and systems like ERP.

grant_single_labels|criteria

The evaluation and selection of projects for this grant are based on the analysis of several specific criteria to ensure they meet the goals of fostering innovation and business growth in Quebec regions.
  • 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

  • Step 1: Refer to the Project Submission Guide
    • Access the Project Submission Guide provided by Canada Economic Development for Quebec Regions (CED).
    • Carefully read the Project Submission Guide to understand all instructions and requirements.
  • Step 2: Contact CED for More Information
    • Reach out to CED by using the contact details provided on their website for any clarifications or additional information about the grant.
    • Discuss your project’s eligibility and any specific conditions that may apply.
  • Step 3: Prepare Your Project Submission
    • Draft a comprehensive proposal detailing how your project aligns with the funding criteria.
    • Include all necessary documentation and information, such as project objectives, expected outcomes, technical and financial details, and partner contributions.
  • Step 4: Submit Your Project Proposal
    • Follow the submission instructions outlined in the Project Submission Guide.
    • Ensure all documents are included and the submission is sent through the required channel.

grant_single_labels|otherInfo

Here are additional relevant details for this grant:
  • Financial assistance is repayable for SMEs but non-repayable for NPOs, with specific conditions for capital projects for NPOs.
  • Repayment terms for SMEs begin two years after project completion.
  • Projects from SMEs or NPOs in Montreal’s East End may qualify for additional flexibility under specific initiatives.
  • Ineligible costs include refinancing current debt, purchases above fair market value, amortization, goodwill, and land acquisition.

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