Investissement Québec's Innovation Program aims to bolster innovative projects in Quebec, playing a crucial role in the economic recovery. In this blog post, we'll delve into the eligibility criteria, supported project types, and permissible stages, providing a comprehensive overview of the program.

Eligible Participants:

The program welcomes diverse participants, including:

1. For-Profit Enterprises: All sectors are eligible.

2. Social Economy Enterprises: This includes cooperatives and non-profit organizations in compliance with the Social Economy Act.

3. Business Collaboratives: Requests can be submitted by a non-profit organization overseeing project management, streamlining the process.

Eligible Projects:

In the context of economic recovery, the program favors the most innovative projects with significant potential impact. Eligible projects span from the planning phase to pre-commercialization and must adhere to the following criteria:

• Degree of Innovation: The project must have a decisive advantage over existing solutions nationally or internationally.

• Technological and/or Business Risk: The project must involve technological and/or business risk or uncertainty, necessitating research and development efforts.

• Commercial Potential: Projects intended for sale must demonstrate commercial potential.

Project Execution:

Projects can be undertaken by a single enterprise, a collaborative group of businesses, or in collaboration with public research centers in Quebec. Collaboration with external partners is also possible, generating substantial economic and technological benefits for Quebec.

Eligible Stages and Activities:

Admissible stages cover a wide range of activities, from project planning to technological showcases. These include principle validation, product or process research and development, product qualification, intellectual property protection, international development support, and more.

Financial Support:

Financial support is provided in the form of a non-repayable contribution, with specific rates and cumulative support for each project.

What financial assistance can you receive?

The grant can cover up to 50% of the total expenses, ranging from $50,000 to $350,000, depending on the project.

For detailed information on financial aid rates, refer to the Eligible Projects table on the official Investissement Québec Innovation Program website.

Investissement Québec's Innovation Program presents a valuable opportunity for enterprises and collaborative groups in Quebec to bring their innovative projects to fruition. By fostering collaboration and supporting high-potential initiatives, the program actively contributes to the economic vibrancy of the region. For more information and to submit an application, visit Investissement Québec's official website.

Drive Your Digital Transformation with IERP at Your Service

More than just obtaining subsidies, our dedication involves actively aiding businesses in bringing their projects to life. Count on us as your committed partner, offering expertise and unwavering support to ensure the successful execution and flourishing results of your ventures.

Are you prepared to take your business to new heights through innovative technologies and strategic digital initiatives?

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In the fast-paced world of international business, the Marketing and Export Support Program (PSCE) emerges as a game-changer for businesses aspiring to expand their horizons. This program, designed to provide essential support for marketing and export endeavors, becomes a valuable ally for companies navigating the complexities of the global market. Join us on a journey to explore the significance of PSCE and how it opens doors to new opportunities for businesses aiming to thrive on the international stage.

The Essence of PSCE

Bridging the Global Gap:

PSCE is not just a program; it's a bridge that connects businesses to global opportunities. Recognizing the importance of effective marketing and strategic export initiatives, PSCE steps in as a catalyst for businesses aiming to establish a robust presence in international markets.

Tailored Support for Success:

One of the key features of PSCE is its commitment to providing tailored support. Whether you're a small startup or an established enterprise, the program offers assistance that aligns with your specific marketing and export needs. This tailored approach ensures that businesses receive the support necessary for success in diverse global markets.

PSCE's Impact on Businesses

Facilitating Market Entry:

For businesses eyeing international expansion, entering new markets can be a daunting task. PSCE plays a vital role in facilitating market entry by offering support in crafting effective marketing strategies, understanding cultural nuances, and navigating export regulations.

Strengthening Competitiveness:

In a globally competitive landscape, PSCE becomes a tool for enhancing competitiveness. By providing businesses with the resources and guidance needed to showcase their products or services on a global scale, the program contributes to strengthening their position in the international market.

How PSCE Works

Comprehensive Support:

PSCE offers a comprehensive range of support services, including market research, development of marketing strategies, participation in trade events, and guidance on export logistics. This holistic approach ensures that businesses have the tools and knowledge required to navigate the complexities of international business.

Financial Assistance:

Recognizing the financial challenges associated with global expansion, PSCE provides financial assistance to eligible businesses. This support can cover a variety of expenses, including marketing campaigns, trade show participation, and other activities aimed at boosting the visibility of products or services in international markets.

The Marketing and Export Support Program is divided into three components, each with distinct objectives.

Component 1: Strengthening SMEs' capacity to market their products and services in the Quebec market, a first step towards exportation

• Facilitate the integration of companies into strategic supply chains in Quebec.
• Increase the capacity of companies to respond to public procurement bids from major Quebec public order providers.

Component 2: Strengthening the export capacity of SMEs and accelerating their projects in markets outside Quebec

• Promote projects for the marketing of products and services outside Quebec in companies.
• Encourage the development of external markets for SMEs.

Component 3: Support for large enterprises in their structuring projects in international markets

• Promote the implementation of projects aimed at internationalization in large enterprises.

Eligible Clients:

Eligible for participation are for-profit companies legally established in Quebec or Canada, with an establishment in Quebec, as well as social economy enterprises and non-financial cooperatives. Companies with a turnover of less than $100 million are eligible for Components 1 and 2, and those with a turnover of $100 million and more for Component 3.

Partnering for Global Triumph:

the Marketing and Export Support Program (PSCE) is not just a program; it's a strategic partner for businesses embarking on the global stage. Whether you're a newcomer to international trade or a seasoned exporter, PSCE stands ready to provide the support and resources necessary for global triumph.

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Beyond just securing subsidies, our commitment extends to actively assist businesses in realizing their projects. Rely on us as your dedicated partner, providing expertise and steadfast support to ensure the successful implementation and thriving outcomes of your ventures.

Are you ready to elevate your business to new heights through cutting-edge technologies and strategic digital initiatives?

Reach out to us for more information and take the initial stride towards transformative success.

Ready to explore global opportunities with PSCE? Learn more about how this program can be a catalyst for your international success.For further information visit the official site

In the realm of business, innovation and investment are the cornerstones of sustainable growth. The Investment and Innovation Tax Credit Program, fondly known as C3i, emerges as a beacon for businesses seeking financial support to fuel their innovative endeavors. In this blog, we'll explore the intricacies of C3i, understanding how it serves as a catalyst for growth and innovation in the business landscape.

The Essence of C3i

Empowering Innovation:

C3i is more than just a tax credit program; it's a strategic initiative designed to empower businesses to innovate. Recognizing the pivotal role that innovation plays in economic development, C3i provides a financial incentive for businesses to invest in cutting-edge technologies, research and development, and transformative projects.

Fueling Investment:

At the heart of C3i is the commitment to fueling investment. By offering tax credits, the program encourages businesses to channel their financial resources into projects that not only benefit their growth but also contribute to the broader landscape of innovation and economic advancement.

C3i's Impact on Businesses

Fostering Economic Growth:

C3i's impact extends beyond individual businesses. By fostering a culture of innovation and investment, the program becomes a driving force behind economic growth. As businesses thrive and innovate, they contribute to job creation, industry advancement, and the overall prosperity of the community.

Supporting Diverse Sectors:

C3i recognizes the diverse needs of businesses across sectors. Whether in technology, healthcare, manufacturing, or any other industry, the program is designed to be inclusive, offering equal opportunities for businesses to leverage tax credits for their unique innovation and investment initiatives.

How C3i Works

Tax Incentives:

C3i provides businesses with tax incentives based on their qualified investment and innovation activities. This encourages businesses to explore new avenues, take calculated risks, and invest in projects that have the potential to elevate their competitiveness in the market.

Streamlined Application Process:

Navigating the C3i process is designed to be straightforward. Businesses can access the program through a streamlined application process, outlining their investment and innovation plans. Once approved, they gain access to valuable tax credits that can significantly impact their financial landscape.

Success Stories with C3i

Realizing Innovation Dreams:

Numerous success stories underscore the transformative impact of C3i on businesses. From tech startups bringing groundbreaking products to market to established companies revolutionizing their processes, C3i has become a driving force behind the realization of innovation dreams.

Conclusion

Partnering for Innovation and Investment:

In conclusion, the Investment and Innovation Tax Credit Program, C3i, is a partner for businesses seeking to innovate and invest in their future. Whether you're a startup with bold ideas or an established enterprise aiming higher, C3i stands ready to provide the financial support needed to catalyze your growth journey.

IERP: Your Bridge to Digital Brilliance and Business Success

Going beyond mere subsidy acquisition, our dedication encompasses actively supporting businesses in bringing their projects to fruition. Count on us as your committed partner, offering expertise and unwavering support to guarantee the successful implementation and flourishing outcomes of your ventures.

Are you prepared to propel your business to unprecedented heights with cutting-edge technologies and strategic digital initiatives?

Connect with us for further details and take the first step toward transformative success.

In the ever-evolving landscape of Canadian business, the Business Development Bank of Canada (BDC) emerges as a driving force for growth and innovation.This financial institution not only secures funds for businesses but also offers tailored financial solutions and flexible support, contributing to the success and resilience of businesses across the nation. Join us as we explore the multifaceted approach of BDC in empowering businesses to thrive in a dynamic economic environment.

The Essence of BDC

Financing for Business Growth:

BDC stands as a financial partner dedicated to providing businesses with the necessary funds to not only survive but thrive. Whether you're a startup navigating uncharted waters or an established enterprise seeking expansion, BDC is a reliable source of financing tailored to fuel growth.

Tailored Financial Solutions:

Recognizing the unique needs and challenges faced by businesses, BDC goes beyond a one-size-fits-all approach. It offers a spectrum of tailored financial solutions, including flexible loans, strategic investments, and advisory services. This adaptability ensures that businesses receive support specific to their financial goals and growth trajectories.

BDC's Impact on Canadian Businesses

Supporting Innovation:

In the rapidly evolving landscape of technology and industry, BDC actively supports Canadian businesses in their pursuit of innovation. By providing flexible financial backing for research and development initiatives, BDC fuels the innovative spirit that is essential for businesses to stay competitive on a global scale.

Nurturing Entrepreneurship:

More than a financial institution, BDC is a true advocate for entrepreneurship. Through various programs and initiatives, it fosters an environment where entrepreneurs can flourish. BDC's flexible approach allows businesses to take calculated risks, transform visions into reality, and contribute to the growth of the Canadian economy.

How BDC Works

Accessible Funding:

BDC understands that accessing funds is a critical factor for businesses at various stages of development. It offers a variety of funding options, including traditional loans, venture capital, and equity financing. This flexibility caters to the diverse needs of Canadian entrepreneurs, ensuring they have the financial support they need.

Advisory Services:

Beyond financing, BDC provides valuable advisory services. Its team of experts collaborates with businesses, offering insights, strategic guidance, and flexible support in navigating the complexities of the business landscape. BDC's advisors work closely with businesses to understand their unique challenges and opportunities, providing tailored advice to help them make informed decisions.

Flexibility Criteria

Adaptable Financing:

BDC's flexibility extends to its financing options, allowing businesses to choose solutions that align with their unique requirements. Whether it's a flexible repayment plan or a customized financial package, BDC ensures that businesses can access the funds they need in a way that suits their financial goals.

Customized Advisory Support:

BDC's advisory services are not one-size-fits-all. The flexible approach involves tailoring support to meet the specific needs and challenges faced by each business. This includes providing industry-specific advice, assisting with strategic planning, and offering guidance on financial management.

Success Stories with BDC

Realizing Dreams:

The success stories attributed to BDC underscore its impact on Canadian businesses. From launching groundbreaking products to expanding into new markets, businesses supported by BDC have not only realized their dreams but have also contributed significantly to the Canadian economy. 

Your Digital Partner in Progress: IERP Leading the Way to Innovation:

Is your business ready to soar to new heights with cutting-edge technologies and strategic digital initiatives? Partner with IERP for a transformative digital journey.

Contact us for more information and take the first step toward a digitally empowered future

In an interconnected global economy, small and medium-sized enterprises (SMEs) often face the challenge of expanding into international markets. Recognizing this, the Canadian government has introduced the CanExport SME program, a valuable initiative designed to empower businesses to explore new horizons, establish global partnerships, and compete on the international stage.

The Essence of CanExport SME

Overview:

CanExport SME is a financial assistance program aimed at supporting Canadian SMEs in their pursuit of international business development. Launched by the Government of Canada, this program provides non-repayable contributions to cover eligible expenses related to expanding into foreign markets.

Financial Support:

One of the key features of CanExport SME is its financial support, offering up to 75% of eligible expenses. These expenses encompass a diverse range of activities, including market research, participation in trade missions, adaptation of marketing tools for international markets, and developing an online presence to reach a broader audience.

Eligibility Criteria

For-Profit SMEs:

To be eligible for CanExport SME, businesses must meet specific criteria. Qualified candidates are for-profit Canadian SMEs with 500 or fewer full-time equivalent employees. The annual revenue of these businesses should fall within the range of $100,000 to $100 million.

The Application Process

Simplified Process:

The application process for CanExport SME is designed to be accessible and straightforward. Businesses can submit proposals through an online portal, outlining their international business development plans, expected outcomes, and detailed budgets. Once approved, the financial support enables them to execute their strategies on the global stage.

Success Stories

Transformative Impact:

CanExport SME has been instrumental in the success stories of numerous Canadian businesses. From entering new markets to forming strategic alliances, the program has facilitated transformative impacts for those aiming to extend their global footprint.

A Gateway to Global Growth:

In conclusion, CanExport SME is more than a funding program; it's a catalyst for Canadian SMEs looking to tap into the vast opportunities of the global marketplace. Whether a business is exploring international markets for the first time or seeking to expand its global presence, CanExport SME equips them with the financial support needed to navigate the complexities of international business.

How to Apply:

If you're a Canadian SME looking to embark on a global journey, consider exploring the possibilities offered by CanExport SME. Detailed information, including eligibility criteria and the application process, can be found on the official website.

IERP: Your Bridge to Digital Brilliance and Business Success

Apart from securing the subsidy, we are devoted to actively aiding businesses in turning their projects into reality. Count on us as your unwavering partner, offering expertise and steadfast support to guarantee the triumphant implementation and prosperous outcomes of your ventures.

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In an era where digital transformation is a key driver of business success, the Canadian government is taking proactive steps to support small and medium-sized enterprises (SMEs) through the Canadian Digital Adoption Program (CDAP). This groundbreaking initiative is designed to assist businesses in their journey towards digital excellence, providing them with the necessary tools and financial support to thrive in the rapidly evolving digital landscape.

Navigating the Digital Frontier: For SMEs looking to harness the power of digital tools and technologies, the CDAP is a game-changer. The program offers micro-subsidies for the development of online commerce and sales, empowering businesses to stay competitive and foster growth. Whether you're a tech-savvy startup or an established company, the CDAP opens doors to opportunities that might otherwise seem out of reach.

Eligibility Criteria: To take advantage of the CDAP subsidies, businesses must meet specific eligibility criteria. This includes being incorporated at the federal or provincial level, operating as a for-profit entity, having a staff count ranging from 1 to 499 full-time equivalent employees, and demonstrating a minimum annual revenue of $500,000 in any of the three preceding fiscal years.

Projects and Expenses Covered: Upon meeting the eligibility criteria, businesses gain access to a pool of experts who can assist in developing a tailored digital adoption plan. The CDAP subsidy covers up to 90% of the eligible costs for these digital advisors, with a cap at $15,000 per SME. This financial support ensures that businesses can access the guidance they need without shouldering the entire financial burden.

Financial Assistance Beyond Advisory Services: The CDAP goes above and beyond by offering a 0% interest loan through the Business Development Bank of Canada (BDC) for the implementation of digital adoption plans. This facilitates the acquisition of essential digital tools, making the journey towards digital excellence more accessible for businesses of all sizes.

Professional Placements for Enhanced Growth: In addition to financial support, the CDAP provides opportunities for businesses to benefit from subsidized professional placements. This allows eligible enterprises to tap into the skills of post-secondary students and recent graduates, further fostering innovation and growth within the organization.

How we Can Help: As an IT company, we recognize the significance of digital transformation. We stand ready to assist our clients in executing of their digital plans. By leveraging our expertise, we aim to enhance the value proposition for our clients and contribute to their sustained growth in the dynamic digital landscape.

Future-Ready with IERP: Transforming Your Business in the Digital Era

As your reliable IT partner, we are dedicated to bringing your digital project to fruition. Our commitment extends beyond providing technological solutions; we are here to collaborate, strategize, and execute, ensuring the success of your digital initiatives. Whether you're envisioning a comprehensive digital transformation or specific technological enhancements, our team is poised to deliver results that align with your goals. Count on us to navigate the complexities of the digital landscape and turn your vision into a reality. Your success is our priority, and we are ready to contribute our expertise and support throughout every phase of your digital journey

Are you prepared to take your business to greater heights by harnessing the power of advanced technologies and implementing strategic digital initiatives?

Contact us for more informations.

For more information:

Visit the Canadian Digital Adoption Program page on the Government of Canada website. There, you will find the grants assessment tool as well as the comprehensive CDAP guide.

Entrepreneurs, as guardians of their businesses' future, understand the significance of strategic growth. Fonds C, a dedicated financial aid program designed to foster business expansion, is poised to be your ally in realizing your growth aspirations. This program not only facilitates job creation but also plays a pivotal role in contributing to the economic development of various regions.

Embarking on Growth Initiatives: At Fonds C, we are here to guide you through your growth endeavors, whether they involve stimulating innovation, propelling your digital transformation, investing in eco-friendly equipment, or pursuing other strategic objectives. Fonds C offers financial aid covering 25% of project costs, with a maximum cap of $20,000.

Diverse Project Categories: To qualify for financial assistance, your project must align with one of the nine predefined categories within Fonds C. These categories span a diverse spectrum of business initiatives, ensuring tailored support for a broad range of projects. Let's explore the key categories:

1. Innovation:

   • Showcase technological advancements, innovative manufacturing processes, or pioneering products.
   • Implement processes supporting ongoing innovation within the organization.
   • Innovation can manifest in various aspects of business operations, including finance, management, products, networks, customer relations, etc.

2. Business Succession:

   • The selected successor must be part of a progressive ownership participation program leading to eventual control of the business.
   • A comprehensive training plan outlining development challenges, a timeline, and a signed acquisition protocol is mandatory.
   • Expert support facilitating the business transfer (consultation fees).

3. Market and Supplier Development:

   • Demonstrate activities accelerating sales development at local, provincial, and international levels.
   • Diversify the company's supply chain to mitigate risks associated with suppliers.
   • Support supplier evolution by favoring local products and services.
   • Develop new products or services and implement distribution and marketing strategies.

4. Human Resources:

   • Projects should demonstrate the company's commitment to creating innovative programs for recruiting and retaining top talent.
   • Initiatives may include workforce training, psychological support, telemedicine programs, mentorship, and efforts to integrate temporary foreign workers.

5. Sustainable Development:

   • Aim for positive impacts on the business environment and the community through eco-responsible and/or innovative management practices.
   • Projects demonstrating a decrease in the company's energy consumption or improvement in material recovery rates.
   • Initiatives supporting the circular economy and concrete actions for the company's evolution toward carbon neutrality.

6. Digital Transformation:

   • Optimize the business model to reinvent and adapt to the ever-changing market.
   • Projects demonstrating modification or optimization of the initial business model, such as acquiring new equipment, purchasing real estate assets, facility renovations, mergers, or acquisitions.
   • Utilize hours from business advisory services with experts from the Inno-centre partner.

7. Cybersecurity:

   • Optimize security and protect the personal information of staff and clients.
   • Implement initiatives to minimize the risks of cyberattacks.
   • Develop initiatives to raise awareness among staff about cybersecurity best practices.

8. Business Model Optimization:

   • Projects enabling the company to reinvent itself, transform, and adapt to the ever-evolving market.
   • Demonstrate modification or optimization of the initial business model, such as acquiring new equipment, purchasing real estate assets, facility renovations, mergers, or acquisitions.
   • Use banked hours for business advisory services with experts from the Inno-centre partner.

9. Governance:

   • Projects that promote initiatives to establish an advisory committee, including creating tools, recruiting committee members, governance training, and/or mentorship.
   • Initiatives to develop or improve value-creating governance, including strategic planning and upgrades.

In the dynamic landscape of business expansion, Fonds C emerges as a valuable ally for entrepreneurs seeking tailored financial support for their diverse projects. By exploring the avenues provided by Fonds C, businesses can not only enhance their operations but also contribute significantly to regional economic development. 

Unlocking Digital Potential: IERP at Your Service for a Transformational Journey : 

Beyond securing the subsidy, our commitment extends to actively assisting businesses in the realization of their projects. We stand ready to be your dedicated partner, providing expertise and support to ensure the successful implementation and thriving outcomes of your ventures. 

Are you ready to elevate your business to new heights through cutting-edge technologies and strategic digital initiatives? 

Contact us for more information 

To learn more about the Momentum Fund or to submit a project, visit the Desjardins site or find a Desjardins business Centre.