ESSOR program - Support for transformative investment projects (SPRINT)
“Québec. Investissement Québec”
The funder does not disclose this information
Maximum Eligible Amount
Repayable Contribution
Fund Type
Stimulate and accelerate investments to create and consolidate well-paid jobs in Quebec.
Help available for all projects: value of fixed assets or increase in payroll over three years; aid offered according to the jobs created and/or consolidated and the tax revenues resulting from the project; interest-free loan of up to 25% of eligible expenses; moratorium on capital during project implementation (maximum of three years); forgiveness determined on the basis of the number of jobs created and/or consolidated at a rate of $ 25,000 per job for a salary of $ 55,000 and up to $ 50,000 for a salary of $ 150,000 or more; aid adjusted to take account of payroll tax credits; forgiveness possible from the 5th year; loan term (unsecured portion): eight years.
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