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Tourism Business Development Fund (TBDF) - Quebec - Canada
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Tourism Business Development Fund (TBDF)

Tourism Enterprise Development Fund enhances tourism offerings and activities
Quebec Ministry of Tourism (MTO)
Filaction
Last Update: March 3, 2026
Funding available
$ 50,000 - $ 500,000
Timeline
  • Open Date : February 26, 2024
Location
Quebec, Canada

Overview

The Fonds de développement des entreprises touristiques (FDET) offers financial support up to $500,000 to enhance competitiveness and innovation in the tourism sector, including projects that attract new clientele and extend operational periods. Eligible activities focus on creating original, attractive, and sustainable tourism offerings to stimulate regional economies and employ new technologies for broader reach.

/100
Opportunity Score
Moderate potential, but conditions must align.

At a glance

Funding available

Financing goals
  • Increase performance through digital transformation
  • Develop a new product or service
Eligible Funding
  • Maximum amount : 500,000 $
  • Minimum amount : 50,000 $
  • Up to 10% of project cost
Timeline
  • Open Date : February 26, 2024

Eligible candidates

Eligible Industries
  • Accommodation and food services
Location
  • Quebec
Legal structures
  • Non-profit
  • Public or Parapublic institution
  • For-profit business
  • Non-financial cooperative
Annual revenue
  • All revenue ranges
Organisation size
  • All organization sizes
Audience
  • All groups
Non-profit candidates
Sector of operation
  • Economic, Social and Community Development
Target groups
  • Rural / Remote communities
  • Business owners / entrepreneurs
  • Nonprofits / charities
Revenue structures
  • All structures
Scope
  • Local
  • Regional
  • Provincial

Next steps

1
Determine your project
2
Validate your eligibility

Activities funded

This fund aims to support innovative projects that enhance the tourism offer by attracting new clientele and extending the operational period of tourism enterprises. Eligible projects should enrich the client experience and stimulate regional economies.

  • Projects that enhance the customer experience at tourism destinations.
  • Development of original and attractive tourism offers that complement existing ones.
  • Projects that respect sustainable development and promote regional growth and innovation.
  • Initiatives that boost regional performance, innovation, and visibility.
  • Efforts that generate employment and increase the number of visitors and tourism revenues.
  • Innovative projects that leverage new technologies like mobile applications, platforms, and websites to enhance tourism offerings.

Eligibility

Who is eligible?

Eligible applicants for the Fonds de développement des entreprises touristiques (FDET) are:

  • Existing or startup businesses in the tourism sector, including for-profit enterprises, non-profit organizations, cooperatives, and business groupings.
  • Businesses that are not in a restructuring process.

Who is not eligible

This grant excludes certain companies primarily due to their financial status. The restrictions ensure that funding supports robust and stable tourism initiatives.

  • Companies in the process of financial restructuring or recovery.

Eligible expenses

The grant covers specific eligible expenses directly related to capital expenditures and the acquisition of necessary technologies and software.

  • Costs directly related to capital expenditures such as land, building, and equipment/machinery.
  • Expenses for the acquisition of technologies, software, and integrated software solutions.
  • Working capital to support business operations during the first year in the context of a startup or expansion.
  • Exceptionally, equity investment in a business or for the purchase or repurchase of business shares.

Additional information

Here are additional relevant details for this grant:

  • The financial assistance is available in the form of a loan, a bridge loan, or a promissory note.
  • The minimum financial intervention amount is $50,000, with a maximum of $500,000.
  • A private source contribution is mandatory, ranging from 10% to 20%.
  • The maximum duration for financial intervention is 7 years with a possible moratorium on capital repayment.

Contacts

fdet@filaction.qc.ca
1-888-525-2075

Frequently Asked Questions about the Tourism Business Development Fund (TBDF) Program

Here are answers to the most common questions about the Tourism Business Development Fund (TBDF). 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 Tourism Business Development Fund (TBDF)?

The Fonds de développement des entreprises touristiques (FDET) offers financial support up to $500,000 to enhance competitiveness and innovation in the tourism sector, including projects that attract new clientele and extend operational periods. Eligible activities focus on creating original, attractive, and sustainable tourism offerings to stimulate regional economies and employ new technologies for broader reach.

How much funding can be received?

Tourism Business Development Fund (TBDF) Funds up to 10% of admissible expenses, capped at $500,000 per project.

Who is eligible for the Tourism Business Development Fund (TBDF) program?

To be eligible for the Tourism Business Development Fund (TBDF) program, you must: The fund is intended for existing or startup tourism sector companies, including for-profit businesses, non-profit organizations, cooperatives, and business groups. Companies in the process of recovery are not eligible. Projects must enhance the customer experience, support the development of an original, attractive, and sustainable tourism offer, and contribute to regional economic stimulation.

What expenses are eligible under Tourism Business Development Fund (TBDF)?

This fund aims to support innovative projects that enhance the tourism offer by attracting new clientele and extending the operational period of tourism enterprises. Eligible projects should enrich the client experience and stimulate regional economies. Projects that enhance the customer experience at tourism destinations. Development of original and attractive tourism offers that complement existing ones. Projects that respect sustainable development and promote regional growth and innovation. Initiatives that boost regional performance, innovation, and visibility. Efforts that generate employment and increase the number of visitors and tourism revenues. Innovative projects that leverage new technologies like mobile applications, platforms, and websites to enhance tourism offerings.

Who can I contact for more information about the Tourism Business Development Fund (TBDF)?

You can contact Quebec Ministry of Tourism (MTO) by email at fdet@filaction.qc.ca or by phone at 1-888-525-2075.

Where is the Tourism Business Development Fund (TBDF) available?

The Tourism Business Development Fund (TBDF) program is available the province of Quebec.

Is the Tourism Business Development Fund (TBDF) a grant, loan, or tax credit?

Tourism Business Development Fund (TBDF) is a Loans and Capital investments

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