SODEC — Support for entrepreneurial development QC Canada

SODEC — Support for entrepreneurial development

QC, Canada
The SODEC Entrepreneurial Development Program supports Quebec's cultural enterprises to enhance performance, competitiveness, and expertise acquisition.

grant_single_labels|summary

grant_single|eligibleFinancing
  • grant_single|maxCount
  • grant_single|projectCostPercent
grant_single|deadlines
  • grant_single|timelineUnspecified
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
  • Information and cultural industries
grant_single|grantors
  • Société de développement des entreprises culturelles (SODEC)
grant_single|status
grant_card_status|open

grant_single_labels|preview

The Entrepreneurial Development Assistance Program – SODEC aims to enhance the performance and competitiveness of Quebec cultural enterprises through professional entrepreneurial support. Eligible activities include personalized entrepreneurial guidance, feasibility studies, market analysis, business planning, and strategic development in areas such as technology adoption, commercialization, and financial management. The program offers up to $75,000 in funding per project to cover up to 75% of eligible expenses, particularly for entrepreneurial succession, business transfer, or turnaround projects.

grant_single_labels|projects

The grant supports entrepreneurial development projects for Québec cultural enterprises facing unique challenges. Eligible activities include customized entrepreneurial support tailored to the company's needs and fostering substantial advancements in business operations.
  • Models and business plans
  • Feasibility and market studies
  • Commercialization and export strategies
  • Technological and digital solutions
  • Intellectual property protection strategies
  • Management capacity development strategies
  • Entrepreneurial succession or business transfer strategies
grant_single|admissibleProjectsExample

$75,000

Montreal
Developing a digital marketing strategy for an independent publishing house.

$63,750

Quebec City
Implementing a new inventory management system for an independent bookstore.

$45,000

Gatineau
Creating a feasibility study for the expansion of a local art studio.

$71,250

Toronto
Developing a strategic business plan for a film production company.

$60,000

Vancouver
Feasibility study and business plan for an art gallery expansion.

$52,500

Ottawa
Creating a succession plan for a family-owned theatre company.

grant_single_labels|admissibility

To be eligible for this grant, an entity must be a legally constituted, for-profit or non-profit organization mainly operating in the cultural sector with its principal establishment in Quebec, and meet specific project criteria.
  • Be a legally constituted for-profit or non-profit organization.
  • Primarily operate in the cultural sector.
  • Have its principal establishment and headquarters in Quebec.
  • Show that the effective control of the company is mostly held by individuals with fiscal residence in Quebec.
  • Be operational for at least one year or have appropriate professional experience, or be a new company only in cases of transferring existing cultural businesses.
  • Only one project submission per year per company.
  • Project must not be submitted under another SODEC financial aid program.
  • Individual businesses are not eligible, except in the field of crafts.
  • Project must represent a significant advancement and involve structured entrepreneurial support.

grant_eligibility_criteria|who_can_apply

Eligible types of companies for this grant must be legally constituted, operating primarily in cultural sectors, and based in Quebec.
  • Legally constituted, for-profit, or non-profit companies
  • Operating primarily in cultural sectors recognized by SODEC
  • Headquartered in Quebec with majority control by Quebec residents
  • In operation for at least one year or with appropriate professional experience
  • New companies only in the context of existing cultural business transfers

grant_eligibility_criteria|who_cannot_apply

Some types of companies are not eligible for this grant. Specifically, individual enterprises, except those in the field of crafts, are not eligible.
  • Individual enterprises (except those in the field of crafts)

grant_eligibility_criteria|eligible_expenses

Yes, there are eligible expenses for this grant. The eligible expenses include fees for advisors and experts, costs related to specific and necessary information purchases, and other pertinent and necessary expenses for the project.
  • Fees for advisors and experts
  • Costs related to specific and necessary information purchases
  • Other pertinent and necessary expenses for the project

grant_eligibility_criteria|zone

Eligible geographic zones for this grant are those where the company's head office and principal place of business are located in Quebec, Canada. The company must demonstrate that effective control is predominantly held by individuals with their tax residence in Quebec.
  • Company's head office must be in Quebec
  • Principal place of business must be in Quebec
  • Majority control by individuals with tax residence in Quebec

grant_single_labels|criteria

Yes, there are evaluation and selection criteria for this grant. Projects are evaluated based on their pertinence and feasibility, as well as the importance of their economic and cultural impact.
  • The pertinence of the project of entrepreneurial accompaniment and learnings:
  • regarding the identified needs;
  • regarding the phase of evolution of the company;
  • regarding the regular activities of the company;
  • regarding the expertise of the consultants.
  • The feasibility of the project:
  • realism of the budget and financial structure, eligible expenses, and requested amount;
  • financial capacity and contribution of the company;
  • company's ability to manage the project and plan measures favorable to the implementation of know-how.
  • The importance of the outcomes:
  • the economic impact of the project on the development of the company and on the existing or developing cultural content;
  • the expected results in the short and medium term.

grant_single_labels|register

  • Step 1: Access the secure portal SOD@ccès
  • Log in to the secure online portal for application submissions.
  • Refer to the submission calendar available on the program's web page.
  • Step 2: Complete the application form
  • Fill in and sign the application form.
  • Include a comprehensive project description.
  • Provide the financial structure and budget of the project.
  • Step 3: Gather supporting documents
  • Obtain a service offer or detailed letter of engagement, including fees, signed by the professional advisor(s).
  • Include funding confirmations from other public or private partners, if applicable.
  • Gather necessary documents for the dossier master update or opening.
  • Collect any additional documents required for the application review by SODEC.
  • Step 4: Submit the application
  • Upload all necessary documents through the SOD@ccès portal.
  • Ensure that all information and documents are submitted before the deadline.
  • Step 5: Await review and decision
  • The application will be reviewed by SODEC professionals, and external opinions may be sought if needed.
  • Prioritization will be given to applications showing pertinence and feasibility based on the evaluation criteria.
  • Step 6: Sign the financial aid agreement
  • If approved, sign the financial aid agreement provided by SODEC.
  • Step 7: Implement the project
  • Initiate the project activities as outlined in the approved application.
  • Adhere to the terms and timelines agreed upon in the financial aid agreement.
  • Step 8: Submit a final report
  • Upon project completion, submit a final report through the SOD@ccès portal.
  • Include a comprehensive impact assessment and financial report.
  • Receive the remaining 30% of the financial aid after the acceptance of the final report by SODEC.

grant_single_labels|otherInfo

This program requires that applicant companies operate within the cultural sector and encourages sustainable business practices. It also involves periodic evaluations to adapt its strategies to the needs of cultural enterprises.
  • Projects in violation of laws, regulations, or government policies, particularly regarding violence, sexism, pornography, or discrimination, are not accepted.
  • All financial aid is conditional upon the signature of a financial assistance agreement and adherence to its terms.
  • Beneficiaries must provide necessary records, documents, or other information for program evaluations and studies for five years following the financial assistance.
  • SODEC promotes the adoption of environmentally responsible business practices among its clients.

grant_single_labels|documents

SODEC — Support for entrepreneurial development

Apply to this program