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Quebec Entrepreneur Program - Existing Innovative Project Profile

CanadaStarting a business

Explore the five recorded questions, answers and sources for this pathway.

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Is this for a founder, startup entrepreneur, self-employed person, freelancer, company owner or another business profile?

For a person who lives in Quebec, has already set up an innovative company there, and wishes to carry out an innovative project through that company (Carrying out an innovative project profile).

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  • chars 9090-9283
    You can apply for the Carrying out an innovative project profile if you live in Québec where you have set up an innovative company and through which you wish to carry out an innovative project.

What must actually exist or be demonstrated: business plan, company, innovation, clients, contracts, economic activity, job creation or other substance?

The applicant must have received a service offer from an organisation specialised in innovation, with an establishment in Quebec, whose main activity is support services (training, mentorship or search for financing) for people starting or growing an innovative business, and which has committed to supporting the innovative project. It must show it can support the project through the 'Offre de service en innovation' form, filed with the application. The project must be presented as a business plan on the 'Plan d'affaires — Volet 1 Programme des entrepreneurs' template (French only), attached to the application.

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  • chars 10364-11876
    You must have received a service offer from an organization specialized in innovation that has committed to supporting you in carrying out your innovative project. An organization specialized in innovation is an organization with an establishment in Québec whose main activity is to provide support services (training, mentorship or search for financing) to people whose business project entails starting or growing an innovative business. The organization must be able to demonstrate that it can support you in your business project. To do so, it must draw up an Offre de service en innovation  (PDF 233 Kb) (innovation service offer) in which it presents the services it intends to offer you for carrying out your project. The service offer makes it possible to assess the capacity of the organization to support you in carrying out your business project. The resources deployed by the support organization must be sufficient and adapted to the needs related to carrying out your project. You must include the form completed by the organization with your application. For reference, see the list of available resources in innovation and entrepreneurship (in French only). Submit your business plan Submit your business plan Your business project must be presented in the form of a business plan, which must be attached to your application. To draw up your business plan, you must use the document Plan d’affaires — Volet 1 Programme des entrepreneurs  (PDF 202 Kb)  (in French only).

What investment, capital, income, revenue, funding or viability evidence is central to this pathway?

The applicant's share in the paid-in capital of the business they have started must be at least 10% of the value of that capital, held alone or together with a spouse or common-law partner included in the application. The official source does not state a minimum investment sum or net worth.

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Limits of the record
  • the citation gives a percentage of paid-in capital, not an amount: this profile's conditions state no minimum investment sum, no minimum net worth and no minimum expenditure anywhere on the page
  • no government or processing fee is stated on this page
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    Your share in the paid-in capital of the business you have started must be at least 10% of the value of that capital. You may hold it alone or together with your spouse or common-law partner included in the application.

What business/self-employed activity may the holder conduct? Are there important restrictions? What is the family position where clearly stated?

The business must not operate in payday loans, cheque cashing or pledge loans; in the production, distribution or sale of pornographic or sexually explicit products or sex-industry services such as nude or erotic dancing, escort services or erotic massage; or in trading, leasing, brokerage, development or planning in the property sector. The official source does not state the family position.

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Limits of the record
  • the citation states prohibited sectors only; the page does not say what work the holder may personally do, nor what accompanying family members may do
  • the page states separately that the innovative project may be carried out alone or with a maximum of three other Entrepreneur Program applicants, who need not be the people the business was started with
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    Your business must not be engaged in activities in the following sectors: Payday loans, cashing cheques or pledge loans; Production, distribution or sale of pornographic or sexually explicit products or services related to the sex industry, such as nude or erotic dancing, escort services or erotic massage; Trading, leasing, brokerage, development or planning in the property sector.

What approval/application sequence applies, how long is the status granted, how is it renewed, and what longer-term residence direction is officially stated?

The profile is open to a person who already lives in Quebec, has set up an innovative company there and wishes to carry out an innovative project through it; the programme's general conditions are framed around obtaining permanent resident status, with the financial self-sufficiency commitment running for the three months from the date that status is obtained. The official source does not state the approval sequence, the duration of any status or its renewal.

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Limits of the record
  • The conditions page does not set out the steps that follow the application, does not state how long any status is granted for and does not describe renewal.
  • The financial self-sufficiency block is cited here only for the endpoint it names - permanent resident status; the commitment itself is money-and-viability material and belongs to r3, where the verifier placed it.
  • Unlike the start-up profile on the same page, this profile's opening sentence does not use the word 'permanently'; the permanent-residence direction rests entirely on the general condition that names permanent resident status.
  • chars 9090-9283
    You can apply for the Carrying out an innovative project profile if you live in Québec where you have set up an innovative company and through which you wish to carry out an innovative project.
  • chars 5121-5352
    You must commit for three months as of the date of obtaining permanent resident status to meeting your essential needs, those of the members of your family accompanying you and those of dependent children who are Canadian citizens.

These are the answers currently recorded in the catalogue. A missing or partial answer is not an eligibility decision.

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