REGI — Business Scale-up and Productivity — CED (QC) — Private sector
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
- grant_single|allIndustries
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|terms_and_conditions
The REGI — Business Scale-up and Productivity program provides financial assistance aimed at fostering innovation and growth in businesses. The financing is structured to support small to medium enterprises (SMEs) and not-for-profit organizations (NPOs) at various stages of development.
- SMEs can receive interest-free, repayable financial assistance up to 50% of eligible costs, with repayments starting two years post-project completion.
- NPOs may receive non-repayable financial assistance up to 90% of eligible project costs, or up to 50% for capital projects.
- Eligible costs must be directly linked to the project's execution and deemed essential and reasonable by DEC.
- Costs such as existing debt refinancing, over-market value asset purchases, amortization, goodwill expenses, and land acquisitions are ineligible.
grant_single_labels|projects
This grant supports activities that enhance business expansion and productivity through innovation. The eligible projects focus on increasing production capacity, adopting new technologies, and advancing market development strategies.
- Acquisition of equipment or production machinery and digital infrastructures.
- Evaluation, adaptation, or adoption of new technologies or production processes.
- Activities aimed at increasing productivity and innovation capacity.
- Implementation of marketing strategies, including trade fairs participation and market visits.
- Hiring marketing staff and executing advertising campaigns.
- Market diagnostics and studies.
- Technology showcase and demonstration.
- Hiring resources to establish high-performance teams.
- Adoption of exemplary management practices, processes, and systems.
grant_single|admissibleProjectsExample
$ 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
$ 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 requires applicants to meet specific criteria based on their business type and location.
- The applicant must be a PME (small or medium-sized enterprise) or an OBNL (non-profit organization).
- The applicant can also be a cooperative, a business association, or an Indigenous organization.
- The applicant must not operate in sectors such as retail (e.g., clothing stores, grocery stores, auto repair and sales), food services (e.g., restaurants, cafes), transportation services, residential construction, daycare services, beauty salons, nightclubs, bars, or cabarets.
- If located in an economically vulnerable MRC or in the East of Montreal, the applicant’s project might be subject to relaxed program conditions.
grant_eligibility_criteria|who_can_apply
This financial assistance is aimed at stimulating innovation and growth for businesses at different development stages, focusing on expansion, productivity, and growth through innovation.
- Small and medium-sized enterprises (SMEs)
- Cooperatives
- Business groupings
- Non-profit organizations (NPOs)
- Business support organizations
- Indigenous organizations
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.
- Commerces de détail (e.g., clothing stores, grocery stores, automotive maintenance and sales).
- Services de restauration (e.g., restaurants, cafés).
- Services de transport.
- Construction domiciliaire.
- Services de garderie.
- Salons de coiffure, salons d’esthétique.
- Boîtes de nuit, bars, cabarets.
grant_eligibility_criteria|eligible_expenses
All costs directly related to the project that are deemed reasonable by DEC and essential for its realization are eligible.
- Acquisition of equipment or machinery for production and digital infrastructures.
- Evaluation, adaptation, or adoption of new technologies or production processes.
- Activities aimed at increasing productivity and production or innovation capacity.
- Implementation of commercialization strategies.
- Market development and diagnostic studies.
- Technological showcases and demonstrations.
- Hiring of resources to establish high-performing teams.
- Adoption of exemplary management practices, processes, and systems.
grant_eligibility_criteria|zone
This grant is available for businesses and non-profits based in specific areas within the province of Quebec, Canada. Specifically, companies located in economically vulnerable Regional County Municipalities (MRC) and Eastern Montreal are given special consideration.
- Economically vulnerable MRCs within Quebec.
- Eastern Montreal.
grant_single_labels|criteria
The evaluation and selection of projects for this grant are based on specific criteria to ensure suitability and impact.
- Expected outcomes from the project.
- Viability of the business or organization.
- Technical and financial management capacity.
- Contribution from partners in financial resources or professional services.
- Degree of risk.
grant_single_labels|register
Here are the steps to submit an application for this grant:
- Step 1: Verify Eligibility
- Ensure your organization is a SME, cooperative, business group, non-profit organization, or Indigenous organization.
- Check for additional eligibility if located in an economically vulnerable MRC or the East of Montreal.
- Step 2: Project Planning
- Define the project scope and objectives focusing on innovation, expansion, productivity, or market development.
- Identify eligible costs and prepare a budget.
- Seek potential partners or contributors for financial or professional support.
- Step 3: Prepare Application Materials
- Prepare a detailed project proposal outlining the expected results and project viability.
- Gather supporting documents, including project plans, financial statements, and proof of eligibility.
- Step 4: Submit Application
- Complete the application forms required by the funding body, ensuring all sections are filled accurately.
- Upload or mail all supporting documents as instructed.
- Ensure the application is submitted before any deadlines.
- Step 5: Await Confirmation
- Receive confirmation of submission from the funding body.
- Keep the confirmation for your records and for tracking purposes.
grant_single_labels|otherInfo
Here are additional relevant details for this grant:
- The grant funding provided to SMEs is not only repayable but also interest-free, offering significant financial ease for businesses post-project completion.
- There is a deferment period of two years after the project ends before repayment of the grant begins, providing a buffer to businesses to consolidate their financials.
- NPOs benefit from a significantly higher non-repayable funding percentage (up to 90%) for non-capital projects, highlighting a strong support mechanism for these organizations.
- While the grant primarily outlines eligible sectors, other sectors which align closely with the program's objectives might also be considered for funding upon consultation, demonstrating some level of flexibility.
Apply to this program
Empowering Innovation and Growth for Canadian Enterprises
This financial aid supports innovation and growth among businesses at different stages of development, particularly focusing on driving expansion, productivity, and innovation through CERI's resources. Qualifying projects presented by SMEs or NPOs are facilitated to thrive within key sectors such as manufacturing, food processing, ICT, and life sciences.
Exploring the Depths of the CERI Expansion and Productivity Grant
The CERI Expansion and Productivity Grant is an essential component of Canada's economic support system aimed at fostering innovative growth across various sectors. Open to Small and Medium-sized Enterprises (SMEs), non-profit organizations (NPOs), cooperatives, and enterprise groupings, this grant prioritizes projects that enhance productivity and drive expansion through technological advances. By focusing on sectors like manufacturing, food processing, information and communication technologies (ICT), and life sciences, the grant seeks to bolster industries that form the backbone of Canada's economy.
This grant stands as a crucible for innovation and advancement, encouraging enterprises to adopt new technologies, streamline processes, and expand their market reach. Eligible projects can involve the acquisition of production machinery, digital infrastructure enhancements, and the adoption of cutting-edge technologies or methods that elevate operational capacities. Fresh initiatives like market development, strategic commercialization efforts, and technological showcases are also encompassed within this funding framework. This includes participation in trade fairs, market research efforts, and the hiring of marketing personnel to drive growth. Additionally, it covers company management improvements, such as forming high-performance teams and implementing exemplary management practices.
Support from the CERI is structured with significant financial advantages. For SMEs, the grant offers an interest-free refundable aid up to 50% of approved costs, with the repayment schedule starting two years post-completion of the project. On the other hand, NPOs can avail of a non-refundable financial aid covering up to 90% of the costs for non-capital projects and up to 50% for capital-related outlays. This dual approach not only facilitates financial assistance but also encourages a sustainable growth trajectory.
The set criteria for selecting grant recipients ensure that only projects with robust planning and potential for sustainable development receive funding. These include assessing the expected outcomes, the operational and financial viability of the enterprise, and the potential contribution of partners through financial support or professional services. Furthermore, projects must demonstrate a calculated approach to managing technical and financial risks, ensuring that public funds are invested wisely in innovations with lasting impact.
Beyond just providing financial support, the CERI Expansion and Productivity Grant helps shape the strategic vision of Canadian enterprises and NPOs, promoting a technologically adept and economically resilient Canada. The program highlights the importance of integrating sustainable practices and innovative solutions, setting a precedent for future economic models. This initiative is crucial in creating a vibrant economic landscape where businesses are equipped to tackle current challenges while paving new pathways for future successes.
