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Saguenay Promotion — FRR – Business Support - Saguenay - Quebec - Canada
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Saguenay Promotion — FRR – Business Support

Supports business startup, acquisition, expansion, and succession projects
Promotion Saguenay
Last Update: March 4, 2026
Funding available
$ 20,000
Timeline
  • Open continuously
Location
Saguenay, Saguenay–Lac-Saint-Jean, 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
  • Renovate or expand facilities
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
  • Saguenay–Lac-Saint-Jean
  • Quebec
Legal structures
  • Financial cooperative
  • For-profit business
  • Sole proprietorship
  • Social economy enterprise
  • Non-financial cooperative
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

entreprise@saguenay.ca
4186983157

Frequently Asked Questions about the Saguenay Promotion — FRR – Business Support Program

Here are answers to the most common questions about the Saguenay Promotion — FRR – Business Support. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.

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 Saguenay–Lac-Saint-Jean, Quebec.

Is the Saguenay Promotion — FRR – Business Support a grant, loan, or tax credit?

Saguenay Promotion — FRR – Business Support is a Grant and Funding

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