Quebec Fisheries Fund — Innovation

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. By applying, you can access funding to innovate and grow your business. This includes developing new products, adopting advanced technologies, and forming valuable science partnerships.

What You Get

  • Financial support for innovative projects
  • Infrastructure funding to implement sustainable technologies
  • Partnership opportunities with academia and research institutions

Benefits

  • Boost your business with cutting-edge technology
  • Enhance sustainability with eco-friendly practices
  • Strengthen industry knowledge through research collaborations

This funding is more advantageous than other types because it is backed by the government and focuses on sustainable development. The application process is straightforward, and you can submit your proposal throughout the fiscal year. Approval will provide you with the resources needed to stay competitive and thrive in the evolving market.

Financing Details

Type of Financing:

  • Contribution Grant

Repayment Terms and Interest Rates:

  • No repayment required for the contribution grant.
  • No interest rates apply to the funds received.

Eligible Expenses:

  • Development, testing, and marketing of sustainable technology for the Quebec fish and seafood industry.
  • Includes costs incurred directly related to the approved project.

Ineligible Expenses:

  • Funds cannot be used for general business operating expenses.
  • Cannot be used for projects unrelated to sustainable technology development in the fish and seafood industry.

Fees:

  • No fees associated with the contribution grant.

Qualifications

  • Must be a business operating in Quebec.
  • Must be involved in the fish and seafood sector.
  • Must be engaged in projects related to the development, testing, or marketing of sustainable technology.

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

Description

The Quebec Fisheries Fund offers your business a chance to receive up to $1 million per year. This money can be used for projects that develop, test, and market sustainable technology in the fish and seafood industry.

You can use these funds to:

  • Innovate with new products and technologies.
  • Upgrade infrastructure to support sustainable development.
  • Form partnerships with universities and research institutions to improve knowledge about ecosystem changes and sustainable harvesting methods.

This program is designed to help your business grow and stay competitive while promoting sustainability. The funds are available throughout the fiscal year, making it a flexible option for your business needs.

Program Steps

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

1. Prepare a Proposal:

  • Outline your project idea.
  • Include objectives, expected outcomes, and how it aligns with the fund’s goals.

2. Gather Required Documentation:

  • Business registration documents.
  • Financial statements for the past two years.
  • Detailed project plan.
  • Budget and funding requirements.
  • Any relevant permits or licenses.

3. Complete the Application Form:

  • Fill out all required fields accurately.
  • Provide detailed information about your business and project.

4. Submit the Application:

  • Send your completed application and all supporting documents to the designated contact point.
  • Ensure you meet any deadlines for submission.

5. Await Evaluation:

  • The application will be reviewed for eligibility and alignment with the fund’s objectives.
  • You may be contacted for additional information or clarification.

6. Receive Funding Decision:

  • If approved, review the terms and conditions of the funding.
  • Sign any necessary agreements to receive the funds.

7. Implement the Project:

  • Use the funds as outlined in your proposal.
  • Keep detailed records of expenditures and progress.

8. Report on Progress:

  • Submit regular progress reports as required.
  • Include financial reports and any other requested documentation.

Following these steps will help ensure a smooth application process for the Quebec Fisheries Fund.

Visit Program Website