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MT Lab - Project funding - Component 1: Strategic support

Up to $200,000
Type
Application Difficulty
EASY
Time To Complete4 weeksProgram Budgetno cap
See If You Qualify

Highlights

Imagine having the ability to turn your innovative tourism ideas into reality with financial assistance that covers up to 75% of your project costs. This program is tailored specifically for Quebec-based businesses like yours, providing substantial relief that allows you to concentrate on your vision rather than worrying about funds. The support for strategic project development and implementation means you can enhance your services or launch new offerings without the financial strain.

By applying for this program, you’re not just getting funding; you’re opening doors to growth and innovation in your tourism initiatives. With no strict revenue or employee requirements, it’s designed to be accessible for businesses of all sizes. Plus, without a set end date, you can plan your projects at your own pace, making this opportunity even more appealing.

Ultimately, being approved for this program can help elevate your business and enhance your position in the tourism sector. It’s a chance to invest wisely in your business while receiving significant backing that can drive success. Don't miss out on the chance to take your projects to the next level!

Financing Details

Type of Financing

This program provides grants, which means the money you receive does not have to be paid back, as long as you meet the program conditions. You can get up to 75% of your project's costs covered.

Eligible Expenses

You can use these funds for:

  • Strategic project development
  • Implementation of tourism-related activities and improvements

Ineligible Expenses and Fees

The funds cannot be used for:

  • Operational costs unrelated to the project
  • Existing debt
  • Any expenses prior to the project's approval

There are no fees associated with this program, making it even more beneficial for your business.

Qualifications

  • Location: Business must be based in Quebec.
  • Sector: Open to all sectors.
  • Employees: No minimum or maximum employee requirements.
  • Company Revenue: No minimum or maximum revenue qualifications.
  • Legal Structure: All legal structures qualify.
  • Profit Structure: All profit structures are applicable.

Disqualifications:

  • None specified in the provided context.

Description

You can gain valuable support for your innovative tourism-related projects through this program. It offers up to 75% of your project costs, providing substantial financial relief. This means you can focus more on your vision and less on worrying about the budget.

The funding can be used for strategic project development and implementation. Whether you're launching a new service or enhancing your existing offerings, this support can help turn your ideas into reality. Plus, there are no strict revenue or employee requirements, making it accessible for businesses of all sizes.

With no set end date, you have the flexibility to plan and execute your projects at your pace. This opportunity allows you to invest in your business without putting yourself in a financial bind. It’s a chance to elevate your tourism initiatives and drive growth while receiving substantial financial backing.

Program Steps

  1. Gather Your Ideas
    Determine the innovative tourism-related project you wish to undertake.

  2. Prepare the Appropriate Documentation
    Collect the following documents to support your application:

    • A project proposal detailing your idea.
    • A budget plan outlining all projected costs and how the funding will be utilized.
    • Proof of business registration in Quebec.
    • Financial statements (e.g., income statement and balance sheet) for the past year.
    • Any relevant permits or licenses related to your project.
  3. Complete the Application Form
    Fill out the application form provided on the program’s website. Ensure all sections are filled accurately.

  4. Submit Your Application
    Review your application and documentation for completeness. Submit your application through the designated online portal.

  5. Follow Up
    After submission, stay in touch with the program contacts to track your application status and respond to any inquiries promptly.

Visit Program Website