Bourse nouvel entrepreneuriat privé (New Private Entrepreneurship Grant)

By mmuise
Description:

The City of Quebec offers a contribution for the creation of a first joint-stock company by one or more individuals, which can be paid as a personal investment, from 6 months before the first significant sale until 12 months after it. This component is aimed at entrepreneurs and companies supported or going to be supported by a recognized incubator/accelerator, with a positive recommendation from the incubation structure.


Comments on Funding:

Funding is a non-repayable contribution of ten thousand dollars ($10,000) per person, up to a maximum of twenty-five thousand dollars ($25,000) per project.

Deadline: Continuous Intake
Eligibility:

Applicants must:

  • be first-time entrepreneurs* for a product-based or commercial enterprise incorporation;
    - *Individual businesses and partnerships predominantly owned by Indigenous people and located within the territory of Wendake are also eligible.
  • have their projects and headquarters located in Quebec City agglomeration (cities of Quebec, Saint-Augustin-de-Desmaures, and L’Ancienne-Lorette) and Wendake.

    Exclusions:
  • Vehicle dealerships, automotive parts retailers, gas stations, collaborative tourist accommodations (e.g., Airbnb, Home Away), and businesses operating solely online;
  • Applicants with unresolved bankruptcy judgments;
  • Businesses listed in the Registry of Businesses Not Eligible for Public Contracts;
  • Applicants who, in the two years preceding the financial assistance application, have failed to meet their obligations related to prior financial aid from the City of Quebec, after being duly notified to do so;
  • Applicants with outstanding amounts owed to the City of Quebec;
  • Projects with discriminatory, controversial, or potentially negatively impactful aspects for the City of Quebec.

    Eligible Activity Sectors:
  • Priority Sectors:
    a) Agri-food, food processing, and healthy foods;
    b) Digital arts and interactive entertainment, financial technologies, artificial intelligence, smart city or other digital products and technologies, excluding services and consulting;
    c) Optics-photonics, measurement and control technologies, advanced electronics;
    d) Life sciences, biotechnologies, and health technologies;
    e) Clean technologies: water, air, soil treatment, eco-mobility, energy efficiency, renewable energies, green chemistry, waste management, enabling technologies, and sustainable development.
  • Commercial Sector:
    a) Retail businesses, restaurants, enterprises providing services to leisure and business tourists visiting the agglomeration's territory (including tourist accommodations);
    b) Limited to businesses with 20 employees or fewer (full-time equivalent) per establishment.
Application Steps:

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Documentation Needed:

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Other Things to Note:

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About the author
mmuise