Quebec Fisheries Fund — Infrastructure

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

Highlights

This program is designed specifically for businesses like yours in Quebec's fish and seafood sector. It offers financial support to help you innovate and grow. The fund encourages the development of new products and technologies, and supports sustainable practices through infrastructure improvements and science partnerships.

Key Benefits:

  • Innovation Funding: Access to funds for developing new products and technologies.
  • Infrastructure Support: Financial assistance for adopting new technologies or processes.
  • Science Partnerships: Collaborate with academia and research institutions to improve knowledge and sustainable practices.

What's in it for you? This program provides a unique opportunity to enhance your business operations and stay competitive. With government backing, the financing terms are more favorable than typical loans, making it easier to invest in your business's future. Applications are open throughout the fiscal year, so you can apply when it suits your business needs.

Financing Details

Type of Financing:

  • Contribution Grant

Repayment Terms and Interest Rates:

  • No repayment required for the grant received.
  • No interest rates applicable.

Eligible Expenses:

  • Adapting or adopting new technologies, processes, or equipment to enhance efficiency and sustainability in the fish and seafood sector.
  • Associated training costs.

Ineligible Expenses:

  • Funds cannot be used for non-business-related expenses.

Fees:

  • No fees associated with the program.

Qualifications

  • Must be a business operating in Quebec.
  • Must be part of the fish and seafood sector.
  • Must be involved in activities that promote innovation, infrastructure development, or science partnerships.
  • Must be focused on sustainable development within the sector.
  • Must be willing to adopt or adapt new technologies, processes, or equipment.
  • Must be open to participating in training associated with new technologies or processes.

  • Disqualifications:
  • Businesses outside the fish and seafood sector.
  • Businesses not operating in Quebec.

Description

The Quebec Fisheries Fund is a fantastic opportunity for your business in the fish and seafood sector. This fund aims to boost innovation and development in your industry.

You can use the fund to:

  • Create new products and technologies.
  • Upgrade your infrastructure to support sustainable practices.
  • Form partnerships with research institutions to better understand ecosystem changes and develop sustainable harvesting methods.

Applications are open throughout the fiscal year, giving you flexibility in planning. This program is designed to help your business grow and thrive, making it a valuable resource for your future success.

Program Steps

To apply for the Quebec Fisheries Fund, follow these steps:

  1. Prepare a Proposal:

    • Outline your project, including objectives, activities, and expected outcomes.
    • Ensure your proposal aligns with the fund's goals of innovation, infrastructure, and science partnerships.
  2. Gather Necessary Documentation:

    • Business registration documents.
    • Financial statements for the past two years.
    • Detailed project budget and financial projections.
    • Letters of support or partnership agreements, if applicable.
    • Any additional documents that support your proposal.
  3. Submit the Application:

    • Visit the official Quebec Fisheries Fund application page.
    • Complete the online application form with accurate and detailed information.
    • Upload all required documentation.
  4. Review and Submit:

    • Double-check all information and documents for accuracy.
    • Ensure all sections of the application are complete.
    • Submit the application before the deadline.
  5. Follow Up:

    • Monitor your email for any communication from the fund administrators.
    • Be prepared to provide additional information or clarification if requested.
  6. Evaluation:

    • The application will be reviewed based on the fund’s criteria.
    • You may be contacted for further discussions or site visits.
  7. Approval and Funding:

    • If approved, review the funding agreement carefully.
    • Sign the agreement and comply with any conditions.
    • Begin your project and use the funds as outlined in your proposal.
Visit Program Website