Bourse relève entrepreneuriale (Entrepreneurship Scholarship)

By mmuise
Description:

The City of Quebec offers a contribution for the structured succession of a first business incorporated by one or more individuals, paid as a personal down payment, from 6 months before the acquisition until 12 months after it, on the positive recommendation of a partner organization of 'accompaniement.


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 entrepreneurs incorporating for the first time* into a product-based or commercial enterprise, acquiring at least 25% of the company (shares or assets) as part of a structured succession plan.
    -*Individual businesses and partnerships predominantly owned by Indigenous people and located within the territory of Wendake are eligible.
  • have their projects and their headquarters located in the territory of Quebec City agglomeration (cities of Quebec, Saint-Augustin-de-Desmaures, and L’Ancienne-Lorette) and Wendake.

    Exclusions:
  • Applicants with unresolved bankruptcy judgments;
  • Businesses registered in the Registry of Enterprises 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.
  • Strategic Sectors:
    a) Art, culture, and heritage;
    b) Insurance and financial services;
    c) Businesses located on commercial arteries, where economic activity indicators signal risks and documented deficiencies in targeted product and service offerings;
    d) Manufacturing, materials, industrial processing, robotics, and industry
  • 0;
    e) Urban security;
    f) Tourism.
  • Commercial Sectors: Retail businesses, restaurants, tourist accommodations.
Application Steps:

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Documentation Needed:

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Other Things to Note:

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About the author
mmuise