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
- Agriculture, forestry, fishing and hunting
- Manufacturing
- Professional, scientific and technical services
- Educational services
- Health care and social assistance
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
Yes, there are eligible projects and activities for this grant that support the transition to a green economy, foster an inclusive recovery, preserve Canada's competitiveness, and strengthen capacity in critical sectors.
- Support the development and adoption of clean technology.
- Help communities and businesses plan and drive clean, sustainable economic growth.
- Partner with organizations to catalyze the development of green regional clusters.
- Work with organizations supporting businesses to transition to a green economy.
- Support businesses owned or majority-led by underrepresented groups.
- Increase the participation of underrepresented groups in the economy through no-profit initiatives.
- Develop or adopt digital and technological solutions to increase business productivity.
- Invest in technologies to help scale businesses and enhance capabilities.
- Support scale-up and market expansion activities in traditional and emerging sectors.
- Develop supply chain adaptation and diversification opportunities in critical sectors.
grant_single|admissibleProjectsExample
$250,000
Toronto
Expand renewable energy solutions for a social enterprise
$60,000
Ottawa
Develop a mobile app to support local farmers' market
$30,000
Calgary
Create a community garden project led by an NPO with revenue
$75,000
Halifax
Support supply chain diversification for a tech startup
$200,000
Montreal
Transition to an energy-efficient manufacturing process at a textile company
$40,000
Vancouver
Implement a digital marketing strategy for a restaurant cooperative
grant_single_labels|admissibility
The Jobs and Growth Fund provides funding to businesses and organizations to support job creation and local economic growth with a focus on green and inclusive transitions.
- Businesses, including co-operatives.
- Not-for-profit organizations and community economic development partners.
- Indigenous-led organizations and/or businesses are strongly encouraged to apply.
grant_eligibility_criteria|who_can_apply
Yes, several types of companies are eligible for the Jobs and Growth Fund in Quebec to support job creation and economic growth. These include businesses, not-for-profit organizations, and Indigenous-led organizations or businesses, which can engage in various activities aimed at transitioning to a green economy, fostering an inclusive recovery, preserving competitiveness, and strengthening critical sectors.
- Businesses, including co-operatives
- Not-for-profit organizations and community economic development partners
- Indigenous-led organizations and/or businesses
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
The Jobs and Growth Fund specifically targets various key activities to foster long-term economic growth and resilience in Quebec. Specific eligible sectors are identified under each category of the fund.
- Transition to a green economy: Supports clean technology development and adoption, and catalyzes green regional clusters.
- Inclusive recovery: Encourages underrepresented groups' businesses and supports not-for-profits aiding these groups.
- Digital adoption: Promotes the adoption of digital solutions and technologies to future-proof businesses.
- Sectors critical to recovery: Focuses on scale-up, market expansion, and supply chain adaptation in key sectors like food production and medical supplies.
Apply to this program
Summary of the Jobs and Growth Fund – Quebec
The Jobs and Growth Fund provides funding to businesses and organizations in Quebec to help create jobs and foster long-term economic growth. Administered by regional development agencies, the fund focuses on transitioning to a green economy, fostering an inclusive recovery, enhancing competitiveness, and creating jobs across the region.
Detailed Explanation of the Jobs and Growth Fund – Quebec
The Jobs and Growth Fund is a dynamic initiative established to support businesses and organizations in Quebec as they navigate the challenges posed by the COVID-19 crisis and position themselves for sustainable growth. With a substantial investment of $140 million in Quebec, the fund aims to stimulate job creation, drive economic resilience, and foster an inclusive and green economic recovery. This comprehensive guide delves into the key aspects of the fund, including eligibility criteria, eligible activities, types of assistance available, and the broader implications for the Quebec economy.
Eligibility Criteria
The Jobs and Growth Fund is broadly inclusive, targeting a range of applicants who can contribute to the economic revitalization of Quebec. Eligible applicants include:
- Businesses: This includes small and medium-sized enterprises (SMEs) and co-operatives that play a crucial role in driving economic activity and job creation.
- Not-for-profit organizations: Organizations that provide essential services and support to businesses and communities, helping to build a robust economic framework.
- Indigenous-led organizations and/or businesses: These entities are strongly encouraged to apply, emphasizing the fund's commitment to supporting Indigenous economic development.
Eligible Activities
The fund supports a diverse range of activities that align with its core objectives of fostering a green economy, promoting inclusivity, enhancing competitiveness, and strengthening critical sectors. These activities can be categorized into four main areas:
1. Transition to a Green Economy
Activities under this category aim to promote environmentally sustainable economic growth. Eligible activities include:
- Development and adoption of clean technology: Projects that innovate or integrate environmentally friendly technologies to reduce carbon footprints and promote sustainability.
- Economic growth planning: Initiatives that help communities and businesses plan for and drive clean, sustainable economic growth.
- Green regional clusters: Partnering with organizations to catalyze the development of regional centers that focus on green industries and sustainable practices.
- Business transition support: Collaborating with organizations that assist businesses in transitioning to environmentally sustainable operations.
2. Foster an Inclusive Recovery
These activities focus on ensuring that all segments of the population can participate in and benefit from economic recovery efforts. Eligible activities include:
- Support for underrepresented groups: Helping businesses owned or led by Indigenous peoples, racialized communities, women, youth, LGBTQ2 individuals, persons with disabilities, newcomers to Canada, and members of official language minority communities.
- Support for not-for-profit organizations: Increasing the participation of underrepresented groups in the economy through funding, business services, training, and access to resources to build a more inclusive and equitable workforce.
3. Preserve Competitiveness through Digital Adoption
This category aims to future-proof businesses by fostering digital transformation and technological advancement. Eligible activities include:
- Digital and technological solutions: Supporting the development or adoption of Industry 4.0 solutions to enhance business productivity and competitiveness.
- Scaling technology investments: Investing in technologies that help businesses scale, improve their capabilities, and increase their resilience in a rapidly changing economic landscape.
4. Strengthening Critical Sectors
The fund places special emphasis on bolstering sectors critical to Canada’s recovery and growth. Eligible activities include:
- Scale-up and market expansion: Supporting activities that bolster traditional areas of strength and facilitate the growth of emerging sectors with global competitive advantages.
- Supply chain adaptation and diversification: Opportunities to build Canadian capacity in vital sectors like food production, medical supplies, and biomanufacturing, ensuring that the economy is well-prepared for future disruptions.
Types of Assistance Available
The Jobs and Growth Fund offers different forms of financial assistance depending on the type of applicant:
- Interest-free repayable contributions: Eligible businesses can receive up to 50% of eligible costs in the form of interest-free repayable contributions, allowing them to undertake significant projects without the burden of financial strain.
- Non-repayable contributions for not-for-profits: Eligible not-for-profit organizations can receive funding covering up to 90% of eligible costs, facilitating their crucial work in supporting businesses and communities.
- Non-repayable contributions for Indigenous recipients: Indigenous applicants can receive up to 100% of eligible costs as non-repayable contributions, underscoring the fund’s commitment to supporting Indigenous-led economic development.
Application Process
The application period for the Jobs and Growth Fund is currently closed, indicating that the funding has been fully allocated. However, understanding the application process is crucial for future reference. Applications were accepted on a continuous intake basis, allowing eligible entities to apply as long as funds were available. Prospective applicants were encouraged to consult the applicant’s guide for detailed eligibility criteria and submission guidelines.
Conclusion
The Jobs and Growth Fund represents a comprehensive and strategic investment in Quebec’s economic future. By targeting key areas such as green economy transition, inclusive recovery, digital adoption, and critical sector strengthening, the fund aims to create a resilient and prosperous economic landscape. Although the current application period is closed, the principles and objectives of the fund provide valuable insights into future funding opportunities and the overarching goals of Canada’s regional development initiatives. For businesses and organizations in Quebec, understanding and leveraging such funding opportunities can be pivotal in driving sustainable growth and long-term success.
