Défi-Québec, an entrepreneurial city
Highlights
This program is an excellent opportunity for you to receive up to $50,000 in non-repayable funding. This means you won’t have to pay back the money you receive, allowing you to invest fully into launching or enhancing your business. Whether it’s for professional fees, startup costs, salaries, or marketing, these funds can be used where you need them most. This financial support can help turn your innovative ideas into a successful reality while contributing to the growth of the Québec community.
By applying, you're not just gaining access to funds; you're tapping into a resource that can accelerate your entrepreneurial journey. Think of it as a boost for your business that allows you to focus on what you do best—driving your enterprise forward. With no limits on company size, revenue, or legal structure, this is tailored for all entrepreneurs. It's not only easy to qualify for, but it also aligns perfectly with businesses that have responsible models. So why not take advantage of this chance and see how it can fuel your goals?
Financing Details
Type of Financing
You will receive non-repayable contributions of up to $50,000 per project. This means you won't have to pay back this amount, allowing you to focus on growing your business without the stress of repayment.
Eligible Expenses
The funds can be used for various expenses, including:
- Professional fees
- Startup and implementation costs
- Human resources salaries
- Marketing and promotion activities
Restrictions and Fees
It’s important to note what the funds cannot be used for, which typically includes any unrelated operational costs. There are no hidden fees associated with this program, so you can rest easy knowing what you receive is yours to use as outlined.
Qualifications
- Location: Must be based in the Québec metropolitan area or Wendake.
- Sector: Open to all sectors.
- Legal Structure: All legal structures are applicable (e.g., sole proprietorship, partnership, corporation).
- Profit Structure: All profit structures are applicable (e.g., for-profit, non-profit).
- Employees: No minimum or maximum number of employees required.
- Company Revenue: No minimum or maximum revenue qualifications.
Disqualifications: None stated in the context.
Description
This program provides up to $50,000 in non-repayable funds to help you launch an innovative business in the Québec metropolitan area or Wendake. If you have a responsible business model, this funding can support various aspects of your entrepreneurial journey, ensuring you have the resources you need to succeed.
You can use these funds for professional fees, startup costs, salaries, and even marketing and promotion activities. There are no repayment obligations, which means that you get to keep every dollar to invest back into your business and its growth.
Whether you're a newly established enterprise or an existing one looking to innovate, this program is tailored for you. It aims to foster economic growth by supporting unique projects, no matter your company's size or sector. By leveraging this funding, you can turn your ideas into reality and contribute to the vibrant entrepreneurial landscape of your community.
Program Steps
Gather Necessary Documentation
Collect the following documents to support your application:- Business Plan
- Proof of Business Registration
- Financial Statements (if applicable)
- Tax Returns (last two years)
- Resume or CV of Business Owner
Complete the Application Form
Fill out all required fields in the application form accurately.Provide Detailed Project Description
Clearly outline your business model and how the funding will be used to launch or innovate your business.Submit Your Application
Send your completed application along with the gathered documentation through the specified submission method.Follow Up
After submission, check your email regularly for any communication from the program administrators regarding the status of your application.