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Programme d’appui au développement des secteurs stratégiques et des créneaux d’excellence (PADS)

Up to $1,500,000
Type
Application Difficulty
MEDIUM
Time To Complete4 weeksProgram Budgetno cap
See If You Qualify

Highlights

This program is designed specifically with your business in mind. It offers financial assistance of up to $500,000 annually to support activities that can elevate your competitive edge. Whether you want to conduct research, develop training, or organize promotional events, this funding covers up to 50% of eligible expenses. This means you can invest in your business's growth while keeping more of your revenue for other essential needs.

What makes this program even more appealing is its flexibility. There are no minimum revenue or employee requirements, making it accessible for businesses of all shapes and sizes. Not only can you enhance your market presence, but you also won’t have to worry about repayment, allowing you to focus on expanding without financial stress.

Applying for this program is a straightforward step towards harnessing the support that can help your business thrive in both national and international markets. Don’t miss out on this chance to position your business for future growth and success.

Financing Details

Type of Financing
The financing offered is a grant, which means you do not need to repay the money received. This is an excellent opportunity for your business to access funds without the burden of debt.

Financial Details
You can receive up to 50% of your eligible expenses, with a maximum amount of $500,000 each year. This means that if your eligible expenses are high enough, you will get a significant amount of financial support without any repayment obligations.

Eligible and Ineligible Expenses
Eligible expenses include costs related to:

  • Studies on technological or commercial positioning
  • Organization of forums or symposiums
  • Development of training content
  • Promotional activities (like branding strategies or trade shows in Québec)

However, the funds cannot be used for general business expenses or any costs not related to the above activities. Additionally, there are no fees associated with applying for this program, making it a straightforward financial boost for your business.

Qualifications

  • Location: Business must be based in Québec.
  • Sectors: Open to all sectors.
  • Employees: No minimum or maximum number of employees required.
  • Company Revenue: No minimum or maximum revenue qualifications.
  • Legal Structure: All legal structures are applicable.
  • Profit Structure: All profit structures are applicable.

Disqualifications:

  • No specific disqualifications mentioned.

Description

The program is designed to help your business compete in key sectors, both nationally and internationally. You can receive financial assistance of up to $500,000 annually to support various activities. These can include conducting research, developing training programs, organizing forums or symposiums, and launching promotional efforts like branding strategies or trade shows right here in Québec.

The funding covers up to 50% of eligible expenses, meaning you can keep more of your hard-earned money for other uses. This support is flexible and can adapt to different legal and profit structures, making it applicable to a wide range of businesses. There are no minimum revenue criteria or employee requirements, so it’s accessible regardless of your business situation.

This opportunity allows you to invest in your future growth while enhancing your market presence. With no payback period attached to these funds, you can focus on expanding your business without the stress of repayment looming over you.

Program Steps

  1. Gather Information
    Familiarize yourself with the program details and understand how your business can benefit from the funding.

  2. Prepare Documentation
    Collect essential documents for your application, including:

    • Business registration certificate
    • Financial statements (most recent)
    • Project proposal detailing the activities you plan to fund
    • Budget breakdown showing eligible expenses
    • Any additional supporting documents relevant to your application
  3. Complete the Application Form
    Fill out the program application form accurately. Make sure to provide all required information.

  4. Submit Your Application
    Review your application and submit it through the designated program website or email address.

  5. Follow Up
    After submission, keep track of your application status and be ready to respond to any requests for additional information from the program administrators.

  6. Prepare for Fund Utilization
    If approved, develop a plan for how you will use the funds effectively and ensure compliance with the program's guidelines.

Visit Program Website