Quebec Entrepreneur Program (QEP)

Deadline: March 4, 2025

Program Description

The Quebec Entrepreneur Program (QEP) is designed for business owners and entrepreneurs who want to establish or acquire a business in Quebec and contribute to its economy. Successful applicants receive a Quebec Selection Certificate (CSQ), which allows them to apply for permanent residence (PR) in Canada.

The program has two streams:
    •    Stream 1 – For those with a business incubator, accelerator, or university program support.
    •    Stream 2 – For entrepreneurs who want to start or buy a business in Quebec.

Eligibility Criteria

To qualify for the Quebec Entrepreneur Program, applicants must:
    •    Be 18 years or older.
    •    Intend to settle in Quebec and actively manage the business.
    •    Submit a business plan that meets provincial economic needs.
    •    Have sufficient funds to support themselves and their family in Quebec.

🟢 Stream 1: Innovative Business Stream

For entrepreneurs who receive support from a business incubator, accelerator, or university entrepreneurship program.

Requirements:
    •    Business must be innovative (technology, research-based, or unique).
    •    Must obtain support from a recognized incubator, accelerator, or university-affiliated entrepreneurship program in Quebec.
    •    No minimum investment or net worth requirement.

Best for:
✔️ Startups and tech entrepreneurs.
✔️ Individuals who want fast approval and no net worth requirement.

🟢 Stream 2: Traditional Business Stream

For entrepreneurs who want to start or acquire a business in Quebec without incubator support.

Requirements:
    •    Minimum investment:
    •    CAD 200,000 (if business is outside Montreal).
    •    CAD 300,000 (if business is in Montreal).
    •    Minimum net worth: CAD 900,000 (alone or with spouse).
    •    Business ownership: Must control at least 25% of a new business or 51% of an existing business.
    •    Job creation: Business must create at least one job for a Canadian citizen or permanent resident (outside the applicant’s family).

Best for:
✔️ Entrepreneurs with experience in managing or owning a business.
✔️ Individuals who do not want to join an incubator.

Benefits

✅ Direct pathway to PR (after obtaining a CSQ).
✅ Lower investment than other provincial entrepreneur programs (starting at CAD 200,000).
✅ Flexibility – Open to startups, franchises, and traditional businesses.
✅ No age limit – Unlike some other immigration programs.
✅ No point system – Unlike Express Entry, there’s no need to compete based on CRS scores.
 

Application Process

Step 1: Prepare Your Business Plan
    •    The business plan should include:
    •    Business concept, market research, and financial projections.
    •    Job creation details.
    •    Your role in the business.

Step 2: Gather Required Documents
    •    Proof of net worth (bank statements, tax returns, property valuation).
    •    Business experience documents (company ownership, management experience).
    •    If applying under Stream 1, a letter of support from an incubator/accelerator.
    •    If applying under Stream 2, a proof of investment commitment.

Step 3: Submit Application for the CSQ
    •    Applications are submitted to the Ministère de l’Immigration, de la Francisation et de l’Intégration (MIFI).
    •    Processing time: 6 to 12 months.
    •    An interview may be required.

Step 4: Receive Quebec Selection Certificate (CSQ)
    •    Once approved, you receive a CSQ, which confirms Quebec’s approval.

Step 5: Apply for Permanent Residence (PR)
    •    Submit your PR application to Immigration, Refugees and Citizenship Canada (IRCC).

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