In Quebec and Canada, several programs and subsidies are available to support small and medium-sized businesses (SMEs). These initiatives aim to encourage the growth, innovation, competitiveness and development of SMEs. Here are some of the programs and grants to help SMEs in Quebec and Canada:
In Quebec:
1) Industrial Research Assistance Program (IRAP Quebec):
The IRAP program provides financial support for business research and technological development.
2) Employee Training Tax Credit (PCIF):
This tax credit aims to encourage employee training by reimbursing part of the eligible costs related to training.
3) Export Program (PEX) - Export Quebec:
PEX offers financial support to Quebec companies to develop their international markets.
4) InnovExport Program:
Managed by Export Québec, InnovExport aims to support Quebec companies in their international innovation projects.
5) Quebec Economic Development Program (PDEQ):
The PDEQ offers financial support to Quebec companies for investment, innovation and development projects.
6) Input Tax Credit Program (ITCP):
The PCTI aims to reimburse part of the input tax (GST) paid by companies in the course of their commercial activities.
In Canada (federal programs):
1) Scientific Research and Experimental Development (SR&ED) Tax Credit Program:
This program provides refundable and non-refundable tax credits to support research and development.
2) Innovation Superclusters Initiative:
Innovation superclusters aim to stimulate collaboration between businesses, universities and other partners to drive innovation at scale.
3) CanExport Program:
CanExport provides financing to Canadian businesses to help them develop new international markets.
4) Government of Canada Loans and Bursaries Program:
This program aims to support businesses by providing loans and grants for training and skills development.
5) Fund for Growing Businesses (FEC):
The FEC offers non-repayable contributions to help growing businesses develop new products or services.
6) Innovation Assistance Program - National Research Council of Canada (NRC):
The NRC offers various innovation assistance programs to support companies in their research and development projects.