This program is designed for businesses like yours that operate in e-commerce and need support in logistics. It offers comprehensive assistance to help you optimize your logistics operations, from inventory management to selecting the right carrier. This can significantly reduce your operating costs and improve efficiency.

What You Get

• Expert analysis of your logistics activities
• Optimization of your logistics operations
• Guidance on choosing technological solutions like ERP systems and AI
• Support in adopting sustainable logistics practices
• Access to specialized resources and experts
• Assistance in selecting a new third-party logistics provider (3PL)

Why Apply?

• Improve Efficiency: Streamline your logistics to save time and money.
• Expert Guidance: Benefit from specialized knowledge and resources.
• Sustainable Practices: Adopt eco-friendly logistics solutions.
• Easy Qualification: If you have a transactional website and are based in Quebec, you likely qualify.

Applying for this program can help you enhance your logistics, reduce costs, and grow your business more effectively.

Type of Financing: Grant

Eligible Expenses:

• Purchase of technological solutions, such as ERP software and AI tools.
• Costs associated with optimizing logistics operations.
• Expenses for adopting sustainable logistics practices.
• Fees for consulting services to improve logistics efficiency.
• Costs for selecting and transitioning to a new third-party logistics provider (3PL).

Use of Funds:

• Funds cannot be used for general operating expenses unrelated to logistics.
• Funds cannot be used for marketing or advertising expenses.
• Funds cannot be used for salaries or wages.

Fees:

• There are no fees associated with applying for or receiving this grant.

This program offers your business up to $1,000,000 in funding. You can use this money to improve various aspects of your operations.

Here's how you can use the funds:

• Up to $500,000 can be used for buying equipment or upgrading your rented space. This includes:

  • Commercial kitchen appliances
  • Manufacturing machinery
  • Computers and IT infrastructure
  • Renovating a retail space

• For other costs like software or operational expenses, you can get up to $150,000.

Key benefits:

• 85% of the loan is guaranteed by the federal government, giving you a strong security net.
• Flexible repayment options: Choose between a variable interest rate, a fixed rate, or a combination of both.
• Long repayment period: You have up to 15 years to pay back the loan, regardless of how you use the funds.

This program is designed to help your business grow and succeed by providing the financial support you need.