Support for NPOs to create an innovation-friendly entrepreneurial environment that fosters business growth and productivity
Description of funding
This stream targets NPO projects that help create an innovation-friendly entrepreneurial environment that fosters the growth and productivity of businesses in a given region. The funding is provided under the REGI program.
To be eligible, projects must meet one of the following objectives:
foster closer ties among the players in the various ecosystems
foster the creation, growth and maintenance of regional clusters
attract foreign investment
Main sectors that are eligible:
Information and communications technologies
Other sectors may also be eligible.
Examples of funded projects
Transfer of technology and knowledge to businesses
Acquisition of cutting-edge equipment by recognized research centres and educational institutions, and incubators or accelerators
Innovation support service
Recruiting of highly skilled resources to increase businesses’ innovation capacity
Partnership, alliances and industrial clusters
Creation or development of associations, alliances or partnerships to promote ties and networking
Services aimed at attracting foreign direct investment to Quebec
Other activities may also be eligible. Contact us to discuss your project.
Non-repayable financial assistance generally of up to 90% of authorized costs (up to 50% of authorized costs in the case of capital projects).
All costs directly related to the project that are deemed reasonable by CED and essential to the implementation of the project. Restrictions may apply in certain cases.
All non-essential costs not directly related to the project, as well as:
the refinancing of an existing debt
the purchase of an asset at a price that exceeds its fair market value
Examples of eligible clients
Non-profit organizations (NPOs) that provide services or generate benefits for businesses
Business incubators and accelerators
Municipalities and regional county municipalities (RCMs)
Groups or associations (NPOs, businesses, post-secondary institutions and consortia)
Examples of ineligible clients
Retail businesses (e.g., clothing stores, grocery stores or automobile sales and maintenance outlets)