REGI — Jobs and Growth Fund — CED (QC) — For profit
QC, Canada
Money to future-proof your for-profit business 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
- Professional, scientific and technical services
- Health care and social assistance
- Other services (except public administration)
- 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
If your business is working on a project to transition to a green economy, foster an inclusive recovery, become more competitive and create jobs for Canadians, you could get an interest-free, repayable contribution for up to 50% of the project’s costs.
grant_single_labels|projects
This grant is available to businesses and organizations operating in Quebec as it is part of the regional development efforts by CED. The fund aims to support regional responses to economic challenges and is geographically targeted within Quebec.
- Businesses and organizations located in Quebec.
grant_single|admissibleProjectsExample
$250,000
Expand renewable energy solutions for a social enterprise
$75,000
Support supply chain diversification for a tech startup
$200,000
Transition to an energy-efficient manufacturing process at a textile company
$40,000
Implement a digital marketing strategy for a restaurant cooperative
$60,000
Develop a mobile app to support local farmers' market
$30,000
Create a community garden project led by an NPO with revenue
grant_single_labels|admissibility
Eligibility for this grant is determined by specific requirements related to the applicant's profile and proposed activities.
- The applicant must be a business, including a cooperative, or a not-for-profit organization and community economic development partner.
- Indigenous-led organizations and/or businesses are strongly encouraged to apply.
- The business or organization should plan activities that contribute to transitioning to a green economy, fostering an inclusive recovery, enhancing competitiveness, or strengthening capacity in critical sectors.
- Eligible activities may include developing or adopting clean technology, digital solutions, or other technological advancements that bolster productivity and competitiveness.
- For newly established businesses (founded after January 2020), specific opportunities are available within the funding framework.
grant_eligibility_criteria|who_can_apply
Eligible applicants include businesses such as cooperatives, not-for-profit organizations, and community economic development partners. Indigenous-led organizations and/or businesses are strongly encouraged to apply.
grant_eligibility_criteria|eligible_expenses
The grant supports activities that are designed to stimulate economic recovery through sustainable growth and inclusivity. The eligible projects focus on green transition, inclusive recovery, technological competitiveness, and capacity building in critical sectors.
- Support the development and adoption of clean technology.
- Enable communities and businesses to plan and drive clean, sustainable economic growth.
- Partner to develop green regional clusters.
- Support businesses owned or majority-led by underrepresented groups.
- Increase the participation of underrepresented groups in the economy.
- Support the development or adoption of digital and technological solutions to increase business productivity.
- Invest in technologies that help scale businesses and enhance capabilities.
- Support scale-up and market expansion activities in traditional areas of strength.
- Develop emerging areas of global competitive advantage.
- Support supply chain adaptation and diversification in critical sectors like food production and biomanufacturing.
grant_eligibility_criteria|zone
The eligible geographic zone for this grant is Quebec.
- Quebec
grant_single_labels|criteria
There are evaluation and selection criteria for this grant. The criteria include:
- Alignment with the program's objectives
- Feasibility and sustainability of the proposed project
- Capacity to deliver the project successfully
- Evidence of community support and collaboration
- Impact on job creation and economic growth
- Innovation and creativity in the proposed activities
grant_single_labels|otherInfo
Here are additional relevant details for this grant:
- Projects supported by this fund should align with the broader goals of supporting a resilient and long-term economic recovery post-COVID-19.
- While applications are closed, previously funded projects should consider sharing success stories or impact assessments to demonstrate the program's effectiveness.
- The grant encourages collaboration among businesses, community organizations, and government agencies to maximize the regional impact.
Apply to this program
Jobs and Growth Fund: A Catalyst for Economic Revival in Quebec
The Jobs and Growth Fund offers financial aid to businesses and organizations with the aim of fostering job creation and enhancing economic growth across Quebec. Focused on future-proofing local economies, it leverages strategic investments to support sustainable development and competitive enhancement.
Understanding the Comprehensive Impact of the Jobs and Growth Fund
The Jobs and Growth Fund, an initiative under the umbrella of Canada’s Regional Economic Growth through Innovation (REGI) and Quebec Economic Development Program (QEDP), focuses on rejuvenating Quebec’s economic landscape post-COVID-19. It has the mission of fortifying the regional job market while embedding sustainable practices across industries. By allocating $140 million through Canada Economic Development for Quebec Regions (CED), this fund aims to catalyze transformational change by supporting economic actors in shifting towards a more resilient and green economy.
This program is particularly aimed at encouraging the development and adoption of cleaner and more sustainable practices. By assisting sectors pivotal to Canada's economic revitalization, the fund channels resources to support businesses and community groups as they implement technological innovations and green solutions. This approach not only contributes to environmental sustainability but also ensures businesses remain competitive on a global scale, creating a ripple effect of economic stability and growth.
With a portion dedicated to startups having emerged after January 2020, the fund plays a critical role in nurturing innovation against the backdrop of a crisis that has disrupted traditional business operations. The initiative is open to both businesses and community-based organizations, fostering an inclusive approach to economic recovery. Indigenous-led businesses and organizations are particularly encouraged to apply, reflecting a commitment to bolstering diverse economic contributions.
The fund also emphasizes inclusivity, supporting underrepresented groups, which include but are not limited to Indigenous communities, women, youth, and members of racialized groups. Through partnerships with organizations that provide necessary resources, training, and support, the fund looks to create a more equitable economy. Particular attention is directed towards enhancing digital adoption within small and medium enterprises, enabling them to thrive in an increasingly digital economy. By boosting their capacity to integrate into digital platforms, these businesses can greatly enhance their productivity and adaptability.
Moreover, the initiative recognizes the critical importance of strengthening sectors intrinsic to national resilience and growth, such as biotechnology and manufacturing, particularly in contexts like food and medical supplies. By facilitating scale-up and market expansion opportunities, the fund ensures businesses can navigate and adapt to supply chain challenges, thereby boosting local and national capacity.
Assistance through the Jobs and Growth Fund is structured to cater diversely to the needs of its beneficiaries. With interest-free repayable contributions for businesses and non-repayable contributions for not-for-profits and Indigenous recipients, the fund underscores its commitment to making meaningful economic and social impacts. By maintaining an open, continuous intake process for applications, it accommodates varying phases of growth and economic cycles, ensuring a broad range of innovative projects can benefit from this essential support.
Ultimately, the Jobs and Growth Fund represents a significant investment in Quebec’s future, focusing on durable economic growth, inclusion, and environmental stewardship. It embodies an opportunity for businesses and organizations to align with national strategic priorities, enabling them to enhance their competitive edge, drive innovation, and contribute positively to their communities.
