ESSOR program Stream 2: Support for investment projects promoting productivity and business expansion

Amount:

$20,000

Type:

Grant, Loan, Investment

Description:

Accelerate the growth of productivity of Quebec businesses through an innovative technological transition or the acquisition of new technologies
Promote the realization of investment projects in Quebec as part of the establishment or expansion of businesses here or elsewhere

Comments on Funding:

A non-refundable contribution
Maximum aid rate: 50% of eligible expenses
Maximum amount: $20,000 for the duration of the program, i.e. until March 31, 2025 .

Deadline:

March 31, 2025

Eligibility:

Eligible customers

Your business is eligible if it is a for-profit business or a social economy business.

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:

To learn more
Call 1-844-474-6367 .

Documentation Needed:

Comsult the website and guide of program.

Other Things to Note:

We continue to accept new applications. However, given the volume of applications received and the time allocated to processing them, we cannot guarantee that your file will be processed according to the terms of the current program. In the event that your application cannot be processed before March 31, 2025, subject to the entry into force of a new version of the program, we will be able to analyze your application according to the new terms.

Link Guide:

Maurice

About the author

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Canada to identify and maximize funding to grow their business.

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