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The PSCE Grant (Programme de soutien à la commercialisation et à l’exportation) is a pivotal tool for any business in Quebec looking to strengthen its presence provincially, federally and internationally. To remain competitive, consumer diversification and international reach are key drivers, however this requires capital which may not be easily accessible to all.
To empower local businesses in achieving these goals, the Quebec government offers a valuable resource known as the PSCE grant. In this article, we will explore the ins and outs of the PSCE grant, and the steps businesses require to take advantage of this incredible funding opportunity.
After a successful intake in 2022, the PSCE has been re-designed to better align with businesses’ needs. The program is now divided into three streams:
Stream 1: Strengthening the Quebec Market
This stream specifically targets projects focused on marketing in Quebec. It aims to support the integration of Quebec products or services into the province’s strategic supply chains and local public markets. Eligible businesses can apply for funding up to $250,000, with a 50% assistance rate on eligible expenses. It’s important to note that the minimum eligible expense is $25,000. The key criterion for this stream is that projects must meet the requirements of a private or public client in Quebec.
Stream 2: Commercial Expansion Outside Quebec
This stream is for projects targeting markets outside Quebec targeting up to three markets. Proposed activities should focus on export preparation, consolidation, or diversification of foreign markets. In this stream, the maximum assistance amount for a company is $100,000, with a minimum required expense of $25,000. The maximum assistance rate varies based on the situation. Only companies with over 1M$ in revenues are eligible.
Stream 3: Projects for Large Enterprises
This stream is similar to the second stream except it only welcomes companies with a revenue of over $100M.
To unlock the benefits of the PSCE grant, Quebec businesses need to navigate a structured application process:
You can still claim this grant! Consult with a Leyton professional for free and they can utilize their expertise to apply to the grant for you!
Don’t miss your chance to enhance your global and local competitiveness, and contribute to the economic vitality of the province without any heavy lifting!
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