ESSOR program Stream 1: Support for the realization of investment projects (feasibility studies and digital diagnosis)
$50,000
Grant, Loan, Investment
Description:
Accelerate the realization of an investment project for your company by allowing the use of studies prior to your investment project, i.e. feasibility studies and a digital diagnosis.
Comments on Funding:
A non-refundable contribution
Maximum aid rate: 50% of eligible expenses
Maximum amount: $50,000 per project
March 31, 2025
Eligibility:
Your business is eligible if it is a for-profit business, or a social economy business within the meaning of the Social Economy Act (RLRQ, chapter E 1.1.1).
Businesses must be registered in Quebec and operate there to benefit from financial support under the program.
To be eligible for the program, foreign companies must be registered in Quebec and commit to carrying out an activity there no later than twelve months following authorization of the project.
Application Steps:
Preparing for an application to ESSOR Section 1
It is important to prepare yourself well before starting your application for financial aid.
The Client Kit is created to support you and facilitate your understanding of the elements of a compliant grant application.
IMPORTANT
Any incomplete or non-compliant application will be automatically refused. Refer to the Application Guide (See section Submit your application – timeline below) to verify the accuracy of your documentation and the information to be provided.
Important informationOpen/Close
Make your request – timeline
DEVELOPMENT
Prequalification
5 to 15 minutes
Complete the prequalification form to check the admissibility of the file
Preparation
1 to 3 days
Download the application guide
Application Guide – Component 1A
Application Guide – Component 1B
Application Guide – Section 1C
Download the checklist (highly suggested)
Collect the required documents
Complete the form and the Declarations and Consent page
Transmission
30 min to 2h
Review the checklist
Send the request to aidefinanciere@invest-quebec.com or via clicSÉQUR for sub-section 1B
If you are unsure about a question, please contact customer service at 1-844-474-6367
Compliance and opening notice
6 weeks
Verification of the presence of mandatory documents
Receipt of a notice of opening or a notice of refusal
Notice of summons and analysis
15 days
Receipt of a notice of assignment by an advisor: start of file analysis
Request for additional information if necessary
Notice of decision and completion
20 days
Receipt of a notice of decision
Receiving an offer letter
Request for disbursement
Transmission of the disbursement request (90 days max. after the expected end date of the project for the final disbursement)
Analysis of the request and confirmation of the disbursement amount
Final disbursement
Receipt of check within 20 days after receipt of confirmation of the disbursement amount
Documentation Needed:
1. Prequalification form
2. Application Guide (Component 1A, Component 1B, or Section 1C)
3. Checklist (highly suggested)
4. Required documents as listed in the application guide
5. Completed application form and Declarations and Consent page
Other Things to Note:
As of midnight on October 3, 2024 , component 1 of the ESSOR Program is temporarily suspended. This suspension is primarily intended to ensure the availability of funds for authorized projects.
The receipt of new applications is suspended until further notice to ensure proper management of the budget envelope and program standards.
About the author
Maurice
