Economic Development Project Support Program (PAPDE) | Component 2 – Structuring projects by organizations supporting the development of strategic sectors and regions

“Québec. Ministère de l’Économie, de l'Innovation et de l'Énergie”

$3,000,000.00

Maximum Eligible Amount

Government Grant

Fund Type

The Support Program for Economic Development Projects – Structuring Projects by Organizations in Support of the Development of Strategic Sectors and Regions (PAPDE, component 2) aims to support the carrying out of activities and projects that promote the economic development of the sectors strategic areas, niches and centers of excellence, innovation centers and zones, and regions.

Goals

This measure aims to:

to encourage studies and activities to strengthen the economic development of a strategic sector or region;
to strengthen the competitiveness of businesses through awareness raising and support with regard to digital transformation.

Aid granted

Financial assistance takes the form of a non-refundable grant.

The maximum assistance rate is 60% of eligible expenses for organizations and 40% of eligible expenses for businesses.

Cumulative government assistance cannot exceed 80% of eligible expenses for organizations and 50% of eligible expenses for businesses.

The maximum amount of financial assistance is $1,000,000 per organization, per year, for a maximum of $3,000,000 over three years.

Accountability

If you qualify for financial assistance, you will need to provide:

supporting documents certifying that the activities have been carried out in accordance with what was foreseen in the grant agreement;
supporting documents corresponding to the sums incurred by the organization concerning the expenses for which the amounts of financial assistance have been established on the basis of eligible costs.

These supporting documents may take the form of:

a report presenting the activities carried out and produced at the end of each fiscal year, to the satisfaction of the Minister and according to the template provided by the latter;
a report from an external auditor confirming the accuracy of financial transactions;
annexes specified in the grant agreement, including a claim report of the expenses paid for the realization of the projects and the sources of financing;
any other document required and specified in the grant agreement.