Financial contribution and recovery terms – EXAP
The Quebecor Fund’s contribution to eligible business models is a reimbursable financial aid applicable to the business model financing package. The minimum contribution for each business model is $50,000, to a maximum of $300,000. The financial aid provided must not exceed 40% of the overall financing package.
Recovery of financial aid takes place over a period of thirty-six (36) to sixty (60) months. The business model must anticipate the aforementioned Quebecor Fund’s financial aid recovery by protecting the investment and anticipating a return on investment, which will be negotiated on a case-by-case basis.