Quebec Funding for Investment Projects in Q

Last updated: 2025/05/07 at 10:06 PM

wealthgram

3 Min Read

Is your Quebec business ready to shift gears and accelerate towards innovation? In today’s rapidly evolving economic landscape, businesses need strategic funding investments to remain competitive and agile. The Quebec ESSOR Program, managed by Investissement Québec, offers a significant government funding opportunity designed to streamline and expedite the preliminary stages of investment projects.

Contents

Funding Snapshot: ESSOR Program – Stream 1 Funding Amount:Eligible Applicants:Eligible Projects:Timeline:Who Can Benefit from the ESSOR Program Stream 1?Eligible expenses under the ESSOR Stream 1 program include:How Ryan Can Support Your ESSOR Application

Funding Snapshot: ESSOR Program – Stream 1

Supporting the implementation of investment projects, the ESSOR Program Stream 1 is now open to provide businesses with critical support for feasibility studies, digital diagnostics, and digital transformation plans.

This government funding program can help Quebec businesses transform their ideas into actionable insights, fueling sustainable growth and innovation.

Funding Amount:

Feasibility Studies (Sub-component A): Up to $50,000 per project.
Digital Diagnostics (Sub-component B): Up to $20,000 per program duration.
Implementation of Digital Plans (Sub-component C): Up to $50,000 per project, with tiered support levels for subsequent projects (50% for the first, 40% for the second, 30% for additional projects).

Eligible Applicants:

Open to all business sectors (some sector-specific restrictions apply for feasibility studies).

Eligible Projects:

Feasibility studies to assess project viability.
Digital diagnostics for analyzing digital readiness.
Implementation of digital transformation plans.

Timeline:

The program is currently accepting applications until March 31, 2027.

Who Can Benefit from the ESSOR Program Stream 1?

The ESSOR Program funding Stream 1 is remarkably inclusive, welcoming a broad range of business sectors for application. While sub-component A (Feasibility Studies) includes some sector-specific restrictions, the Digital Diagnostics (sub-component B) and Implementation Plans (sub-component C) are universally accessible.

Whether your Quebec business operates in manufacturing, technology, retail, or agriculture, this government funding program could be a transformative force in enhancing your business operations.

Eligible expenses under the ESSOR Stream 1 program include:

Professional consultation fees,
Specialized informational materials, and
Necessary travel and accommodation.

The ESSOR Program’s broad eligibility makes it a versatile funding option, aligning with a diverse array of strategic business goals. Businesses across Quebec can leverage this funding to boost their digital infrastructure, streamline operational efficiencies, or explore innovative new projects confidently.

How Ryan Can Support Your ESSOR Application

Timing can be pivotal in maximizing the benefits of governmental funding. With ESSOR Stream 1 currently open and accepting applications through March 31, 2027, proactive businesses are positioned to secure essential support to expedite their growth plans.

Our Ryan Canada Government Funding team of experts provide comprehensive support throughout the entire government funding application process. From initial assessment and strategy development to preparing and submitting your application, our experienced team helps maximize your funding potential and ensure compliance with program requirements.

Contact our team today and discover how we can help turn your business plans into successful projects supported by government funding.