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Saguenay Promotion — FRR – Business Support
Supports business startup, acquisition, expansion, and succession projects
Last Update: March 4, 2026
Funding available
$ 20,000
Timeline
- Open continuously
Location
Saguenay, Quebec, Canada
Overview
The Saguenay Promotion — FRR – Business Support program provides non-repayable financial assistance of up to $20,000 to foster local business development. Funding supports activities such as business start-ups, acquisitions, expansions, social economy projects, and job creation within the Saguenay region.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Complete an acquisition or business transfer
- Start a business
Eligible Funding
- Maximum amount : 20,000 $
- Up to 50% of project cost
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- Agriculture, forestry, fishing and hunting
- Mining, quarrying, and oil and gas extraction
- Utilities
- Construction
- Manufacturing
- Wholesale trade
- Transportation and warehousing
- Information and cultural industries
- Professional, scientific and technical services
- Administrative and support, waste management and remediation services
- Educational services
- Health care and social assistance
- Arts, entertainment and recreation
- Accommodation and food services
- Other services (except public administration)
- Public administration
Location
- Saguenay
- Quebec
Legal structures
- Financial cooperative
- Non-financial cooperative
- For-profit business
- Social economy enterprise
- Sole proprietorship
Annual revenue
- All revenue ranges
Organisation size
- 25 employees minimum
Audience
- Rural or Northern Residents
- Canadians
- Youth (<40)
- Startups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Starting a new business.
- Acquiring or taking over an existing business.
- Undertaking major business expansion projects.
- Launching autonomous work initiatives.
- Carrying out pre-startup or pre-feasibility studies for business projects.
Eligibility
Who is eligible?
- Cooperatives
- Private enterprises
- Social economy enterprises
- Individuals wishing to start a business
Who is not eligible
- Private companies in the financial sector.
- Financial cooperatives.
- Businesses in the real estate sector.
- Companies not located within the city of Saguenay.
- Organizations whose main purpose is protected by the Canadian Charter of Rights and Freedoms (such as religion, politics, or rights advocacy).
- Companies listed in the Register of enterprises ineligible for public contracts.
- Businesses that have failed to meet obligations related to previous government grants within the last two years, after formal notice.
Eligible expenses
- Capital expenditures for land, building, equipment, machinery, and vehicles.
- Costs related to incorporation fees or similar legal expenses.
- Acquisition of technologies such as know-how, licenses, manufacturing agreements, patents, software, or similar items.
- Professional fees for studies.
- Job creation expenses for major projects.
- Working capital requirements.
Eligible geographic areas
- Companies located within the territory of the City of Saguenay.
Additional information
- Promotion Saguenay reserves the right, in exceptional circumstances, to waive certain eligibility conditions.
- The financial assistance provided is not recurring for the same project, the same beneficiary, or its subsidiaries.
- If a project receives funding from a government program, FRR support may be issued to cover non-funded expenses without exceeding the permitted government aid accumulation.
- A funding agreement must be signed prior to any disbursement of funds.
Contacts
Frequently Asked Questions about the Saguenay Promotion — FRR – Business Support Program
What is the Saguenay Promotion — FRR – Business Support?
The Saguenay Promotion — FRR – Business Support program provides non-repayable financial assistance of up to $20,000 to foster local business development. Funding supports activities such as business start-ups, acquisitions, expansions, social economy projects, and job creation within the Saguenay region.
How much funding can be received?
Saguenay Promotion — FRR – Business Support Funds up to 50% of admissible expenses, capped at $20,000 per project.
Who is eligible for the Saguenay Promotion — FRR – Business Support program?
To be eligible for the Saguenay Promotion — FRR – Business Support program, you must:
Cooperatives, private businesses, or social economy enterprises
Individuals looking to start a business
Located on the territory of the City of Saguenay
What expenses are eligible under Saguenay Promotion — FRR – Business Support?
Starting a new business.
Acquiring or taking over an existing business.
Undertaking major business expansion projects.
Launching autonomous work initiatives.
Carrying out pre-startup or pre-feasibility studies for business projects.
Who can I contact for more information about the Saguenay Promotion — FRR – Business Support?
You can contact Promotion Saguenay by email at entreprise@saguenay.ca or by phone at 4186983157.
Where is the Saguenay Promotion — FRR – Business Support available?
The Saguenay Promotion — FRR – Business Support program is available the province of Quebec.
Is the Saguenay Promotion — FRR – Business Support a grant, loan, or tax credit?
Saguenay Promotion — FRR – Business Support is a Grant and Funding