REGI — Jobs and Growth Fund — CED (QC) — Indigenous stream
QC, Canada
Money to future-proof your Indigenous-led 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
- Information and cultural industries
- 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
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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 a contribution for up to 100% of the project’s cost.
grant_single_labels|projects
This fund is specifically targeted towards businesses and organizations in Quebec, Canada. The funding is designed to stimulate economic growth within the Quebec regions.
- Quebec, Canada
grant_single|admissibleProjectsExample
$150,000
Implementation of a community garden project for sustainable food sources
$200,000
Launch of an inclusive digital job training program for youth
$250,000
Development of solar panel installation training programs for underrepresented groups
$500,000
Development and scaling-up of eco-friendly packaging solutions
$450,000
Adoption of advanced recycling technologies by a manufacturing firm
$600,000
Creation of a green technology hub to support startups
grant_single_labels|admissibility
Eligibility for this grant is open to a variety of entities that contribute towards job creation and economic growth in Quebec.
- Eligible applicants include businesses, including co-operatives.
- Not-for-profit organizations and community economic development partners are eligible to apply.
- Indigenous-led organizations and/or businesses are strongly encouraged to apply.
grant_eligibility_criteria|who_can_apply
The Jobs and Growth Fund is accessible to various applicants in Quebec aiming to create jobs and support economic growth through initiatives.Businesses, including co-operatives, can apply for interest-free repayable contributions covering up to 50% of eligible costs.Not-for-profit organizations and community economic development partners are eligible for non-repayable contributions, covering up to 90% of eligible costs.Indigenous-led organizations and businesses, strongly encouraged to apply, are eligible for non-repayable contributions covering up to 100% of eligible costs.Eligible activities for applicants include:1. Transition to a green economy: - Development and adoption of clean technology. - Planning and driving sustainable economic growth. - Catalyzing green regional clusters development.2. Inclusive recovery: - Support for businesses owned by underrepresented groups. - Facilitating participation in the economy for underrepresented groups.3. Preserving competitiveness and future-proofing SMEs: - Development or adoption of digital solutions. - Investment in technologies to scale businesses.4. Strengthening capacity in critical sectors: - Support for scale-up and market expansion activities. - Supply chain adaptation and building Canadian capacity in strategic sectors.
grant_eligibility_criteria|who_cannot_apply
Eligible applicants for this grant include businesses, not-for-profit organizations, community economic development partners, and Indigenous-led organizations. However, companies outside of these categories may not be eligible for the grant.
- Companies not eligible for this grant may include:
- Companies that do not fall under the eligible applicant categories mentioned above.
grant_eligibility_criteria|eligible_expenses
This grant supports projects that promote transition to a green economy, foster inclusive recovery, enhance competitiveness through digital adoption, and strengthen critical sectors for Canada's recovery and growth. These initiatives focus on sustainable development, technology advancement, and building resilient and inclusive communities.
- Activities supporting the transition to a green economy, such as developing and adopting clean technology.
- Efforts to help communities and businesses plan and drive sustainable economic growth.
- Partnerships to create green regional clusters.
- Supporting businesses in transitioning to a green economy.
- Activities fostering inclusive recovery by supporting businesses owned by underrepresented groups.
- Projects increasing underrepresented groups' participation in the economy through not-for-profit organizations.
- Initiatives preserving competitiveness of SMEs by adopting digital and technological solutions.
- Investments in technologies to scale businesses, enhance capabilities, and increase resilience.
- Strengthening capacity in sectors critical to Canada's recovery, such as food production and medical supplies.
- Supporting supply chain adaptation and diversification in critical sectors.
grant_eligibility_criteria|zone
The grant supports eligible expenses that directly contribute to the project's goals and objectives in alignment with economic development priorities.
- Salaries and benefits for personnel directly related to project execution.
- Costs for purchasing equipment and materials essential for the project.
- Expenses for travel and accommodation directly tied to project activities.
- Fees for consulting services to provide technical expertise or support.
- Marketing and promotional costs to advance project awareness and results.
grant_single_labels|criteria
There are evaluation and selection criteria for this grant.
- Eligible businesses could receive interest-free repayable contributions for up to 50 percent of eligible costs.
- Eligible not-for-profit organizations could receive non-repayable contributions for up to 90 percent of eligible costs.
- Eligible Indigenous recipients can receive non-repayable contributions for up to 100 percent of eligible costs.
grant_single_labels|otherInfo
Additional information worth knowing includes:
- The fund's primary goal is to support a regional response to the COVID-19 crisis by creating jobs and ensuring long-term economic growth.
- Up to $70 million is specifically allocated for businesses created after January 2020 that meet the eligibility criteria.
- Applications are accepted on a continuous intake basis until the funding is fully allocated, emphasizing the importance of early submission.
- The initiative particularly encourages Indigenous-led organizations and businesses to apply, highlighting a focus on inclusion and diversity in allocation.
- Funds aim to assist in the transition to a green economy, promote inclusive recovery, and enhance business competitiveness, aligning with Canada's broader economic recovery and sustainability goals.
Apply to this program
The Jobs and Growth Fund: Catalyzing Economic Transformation in Quebec
The Jobs and Growth Fund offers significant financial support to businesses and organizations across Quebec with the aim of creating sustainable employment and driving regional economic growth. This initiative is a part of Canada's regional economic response to COVID-19, ensuring a resilient and inclusive recovery.
Exploring the Details and Impacts of the Jobs and Growth Fund in Quebec
The Jobs and Growth Fund stands out as a pivotal instrument in Canada's strategy to promote enduring economic recovery and competitiveness, particularly targeting post-COVID resilience in Quebec regions. This fund, administered by Canada’s regional development agencies, is strategically structured to propel economic activities by investing in projects that empower communities to transition towards sustainable growth and digitization. With a fund allocation of $700 million, specifically $140 million earmarked for Quebec through the Canada Economic Development for Quebec Regions (CED), this initiative underscores Canada's commitment to inclusive economic transformation.
Key to this fund is its emphasis on future-proofing businesses by aiding their transition to a greener economy. This involves promoting the adoption of clean technologies, encouraging sustainable economic practices, and fostering green regional clusters. By doing so, the fund supports Canada's broader environmental goals while helping local businesses decrease their ecological footprint, thus strengthening their market competivity.
Moreover, the Jobs and Growth Fund impeccably aligns with federal objectives to bolster an inclusive economic recovery. It does so by prioritizing support for businesses and organizations led by underrepresented groups, such as Indigenous, women, and youth entrepreneurs, as well as racialized communities. By allocating resources to these groups, the fund not only enhances workforce diversity but also ensures their full participation in economic rebuilding efforts.
Digital adoption is another critical component of the fund. By facilitating investments in digital solutions and technologies, the fund supports small and medium enterprises (SMEs) in scaling their operations and increasing productivity. This focus on digitalization ensures that businesses remain competitive on a global scale by integrating modern technological advances into their operations, ultimately leading to enhanced business agility and efficiency.
Beyond fostering internal resilience and competitiveness, the fund also aims to strengthen Canada's critical sectors by addressing supply chain vulnerabilities exposed during the pandemic. Through investing in capacity building in areas like food production, medical supplies, and biomanufacturing, Quebec's regional economy can better weather future disruptions while tapping into new market opportunities.
The funding is structured to accommodate different types of entities and needs. Eligible businesses may receive interest-free repayable contributions covering up to 50% of eligible costs, whereas not-for-profit organizations can secure non-repayable support for up to 90% of their costs. Meanwhile, Indigenous businesses are eligible for up to 100% non-repayable contributions, reflecting the federal commitment to equitable support across diverse community needs.
This comprehensive approach allows a broad spectrum of applicants to tap into the fund's resources, underlining the inclusive policies that define Canada's recovery framework. Interested organizations could previously apply on a rolling basis, allowing for continuous evaluation and allocation of resources as needs and project opportunities arise. Although the application process is now closed, the fund's long-term impacts are primed to unfold in ways that bolster regional economies and create job opportunities that are robust and future-oriented.
In conclusion, the Jobs and Growth Fund is an essential part of Canada's response to the unprecedented challenges posed by the pandemic. It is not just a recovery tool but a transformative force that shapes Quebec’s economic landscape by stimulating inclusive growth, digital transformation, and green technology adoption, all while reinforcing the national economy's intrinsic competitiveness.
