Défi-Québec, ville entrepreneuriale (Entrepreneurial City)

By mmuise
Description:

This program provides contributions to support the start-up of innovative businesses that participate in the economic development of the territory of the Quebec agglomeration and Wendake through their responsible business models and their innovative and solid entrepreneurial projects.


Comments on Funding:

Funding is a non-repayable contribution of a maximum amount of $50,000 per project.

Deadline: Applications are closed. Stay tuned for future intake announcements. The previous deadline was on October 25, 2023.
Eligibility:

Applicants must be eligible enterprise from twelve (12) months before the first significant sale up to thirty-six (36) months after it, or structured succession project of an eligible enterprise within twelve (12) months after acquiring at least 25% of voting shares, including:

  • Incorporated private companies*;
    -*Individual businesses and partnerships predominantly owned by Indigenous people and located within the territory of Wendake are eligible.
  • Social economy enterprises (non-profit organizations and cooperatives) primarily engaged in commercial activities.
  • Their projects and headquarters are located in Quebec City agglomeration (cities of Quebec, Saint-Augustin-de-Desmaures, and L’Ancienne-Lorette) and Wendake.

    Exclusions:
  • Social economy enterprises (non-profit organizations and cooperatives) failing to demonstrate sound democratic governance;
  • 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;
  • One-time event-based projects are also excluded.

    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) 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) Manufacturing, materials, industrial processing, robotics, and industry
  • 0;
    d) Urban security;
    e) Tourism (Retail trade, restaurant, and tourist accommodation businesses are only eligible for the Challenge - Quebec City Commercial);
    f) Social economy enterprises from all activity sectors*, primarily engaged in commercial activities with over 40% self-generated revenue.
Application Steps:

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Documentation Needed:

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Other Things to Note:

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About the author
mmuise