Marketing and Export Support Program (PSCE) Stream 1: Strengthening the capacity of SMEs to market their products and services on the Quebec market, a first step towards exporting

Amount:

$250,000

Type:

Grant, Investment, Subsidy

Description:

Promote the integration of businesses into strategic supply chains in Quebec and increase the capacity of businesses to participate in calls for tenders from major public procurement bodies in Quebec.

Comments on Funding:

A non-refundable contribution
Maximum aid rate: 50% of eligible expenses
Maximum amount: $250,000 per company, per year
Minimum spending amount required: $25,000
Minimum contribution from private sources: 25% of the total project cost
Accumulation of government aid: maximum 85% of eligible expenses

Other conditions may apply.

Deadline:

February 23

Eligibility:

Your business is eligible if it is a for-profit business, a social economy business (cooperatives and NPOs) within the meaning of the Social Economy Act (RLRQ, chapter E 1.1.1) or a non-financial cooperative and has a turnover of less than $100 million.

Application Steps:

Before beginning the process of submitting an application for financial assistance to the PSCE Program – Component 1, we invite you to complete this prequalification form and read the client kit: https://www.investquebec.com/quebec/fr/produits-financiers/toutes-nos-solutions/Programme-de-soutien-a-la-commercialisation-et-a-l-exportation-PSCE/Trousse-client.html

It will allow us to confirm the eligibility of your company and your project in a preliminary manner according to the program criteria. This confirmation can in no case be interpreted as an authorization for financial assistance. https://www.investquebec.com/quebec/fr/produits-financiers/toutes-nos-solutions/Programme-de-soutien-a-la-commercialisation-et-a-l-exportation-PSCE/Trousse-client.html

Documentation Needed:

No specific documents are listed.

Other Things to Note:

As of February 23, 2024, the Ministry of Economy, Innovation and Energy (MEIE) is interrupting the PSCE Program Section 1. This suspension is mainly intended to ensure the availability of funds in order to meet contractual commitments.

As the agent for this program, Investissement Québec must therefore suspend the reception of new applications until further notice.

Business applications received before February 23 will be analyzed.

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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