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Government of Canada, Canada Economic Development for Quebec Regions
Money to develop local economy and tourism in Quebec
Financial assistance to promote regional and local economic development in Quebec. This includes boosting tourism from outside Quebec, increasing the presence of international organizations, strengthening local economic activity, supporting local businesses, and generating investments through community economic facilities. Funding for SMEs is repayable (without interest) up to 50% of authorized costs, while NPOs receive non-repayable funding (grants) up to 90% of authorized costs.
Business Size: small, medium
Industries: tourism, economic development, entrepreneurship, innovation, community development
Region: Quebec, regional county municipalities (RCMs), Montréal’s East End
Demographics: indigenous organizations
Other Criteria: Non-profit organizations (NPOs), Economic development organizations, Municipalities and regional county municipalities (RCMs), Organizations tasked with attracting international organizations and foreign investment, Local businesses, Co-ops, Business associations, Projects that promote regions and foster development of local economies, Projects that boost spending by tourists from outside Quebec, Projects that increase the presence of international organizations, Projects that strengthen economic activity in the regions, Projects that support local business projects, Projects that generate investments and economic spin-offs through the acquisition of community economic facilities, Projects related to development of the tourism industry, Projects related to implementation of a commercialization strategy, Projects related to development and enhancement of tourist attractions, festivals, sporting events and cultural productions, Projects that support communities experiencing slow economic growth or an economic shock, Projects involving specifications, studies, diagnoses or action plans in response to economic issues, Projects involving acquisition of community facilities or implementation of infrastructure to promote local economic development, Projects that support local entrepreneurship, Projects involving acquisition of production equipment, Projects involving hiring of experts or professionals, Projects involving marketing of products and services, Projects that enhance the capacity to innovate and develop new products or processes, SMEs or NPOs in an economically vulnerable RCM or in Montréal’s East End may be eligible for flexible program conditions, For community economic facilities, the project must benefit a number of users (primarily businesses), be a priority for the region, fit in with the region’s development approach, and be carried out in one of the RCMs targeted by CED
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This program is available to small, medium businesses in tourism, economic development, entrepreneurship industries located in Quebec, regional county municipalities (RCMs), Montréal’s East End.
Contact the program administrator for funding details.
Check the official program website for current deadlines.