CED — Business Scale-up and Productivity — REGI for SMEs

For small and medium-sized organizations looking to boost productivity or scale operations through innovation, access to patient financing can make ambitious projects achievable. The CED — Business Scale-up and Productivity — REGI for SMEs program is designed to help businesses and non-profits move forward with growth initiatives that improve efficiency, strengthen competitiveness, and open new markets. Delivered by Canada Economic Development for Quebec Regions, the program is currently accepting project proposals and can support initiatives at many stages of a business’s development.

This funding is particularly relevant for companies in sectors such as manufacturing, food and beverage processing, information technology, and life sciences that are investing in modernization or commercialization. Projects often include adopting digital production equipment, upgrading machinery or infrastructure, implementing new production processes, or rolling out market development strategies like trade shows, marketing campaigns, or hiring specialized staff. Support is generally structured as repayable financing that can cover up to about half of eligible project costs, with no interest and repayment starting after the project is complete, giving businesses time to realize results before paying it back.

For Quebec-based SMEs and eligible non-profits planning a strategic growth project, this program can help reduce financial pressure while pursuing meaningful innovation. Reviewing the full program details can clarify whether your project aligns and how much support may be available.