ESSOR Program - Component 2 (Productivity Project)
Financial support for Quebec businesses investing in productivity, expansion, or technological transition, covering up to 30% of eligible expenses.
About this program
The ESSOR Program administered by Investissement Québec supports investment projects that promote productivity, business expansion, and technological transition. Component 2 offers repayable contributions, non-repayable contributions, loan guarantees, and equity investments for acquisition of equipment, technologies, and modernization of infrastructure. Projects must involve at least $100,000 in eligible expenses. The grant component can cover up to 30% of eligible expenses, with combined financing covering up to 100% of project costs.
Eligibility
For-profit businesses or social enterprises registered in Quebec with business activities in the province. Projects must increase production capacity, modernize operations, or enable technological transition.
Requirements
- Establishment and business activities in Quebec
- Minimum $100,000 in eligible project expenses
- Detailed business plan and financial projections