Tourism is a key sector of Québec’s economy and a phenomenal driver of regional development. PADAT, the support program for the development of tourist attractions, offers you attractive, flexible solutions.
Investissement Québec administers this program on behalf of Tourisme Québec.
Just as you adapt to your customers, we adapt to you! Whether you want to build up your working capital or fund the acquisition of equipment and capital assets, this program is designed for you.
A loan or loan guarantee
Financial products adapted to your needs
Financing ranging from $150,000 to $5 million
Financing based on the scope of your project
Financing covering up to 60% of eligible project costs
The freedom to retain your cash flows for ongoing operations
A maximum term of 20 years
The ability to plan for the future with confidence
Deferral of principal repayment for up to 3 years
The power to use your cash flows while the project is under way
A loan guarantee covering up to 70% of a net loss
Greater capacity to obtain financing from a financial institution
Whether you run a for-profit corporation, a cooperative or a non-profit organization, our program is for you. To be eligible, your project must address the priorities set out in the Québec government’s 2012–2020 development plan for the tourism industry . (in French)
* Start-up companies, municipalities and government-owned corporations are not eligible.
Projects are eligible if they support the following PADAT priorities:
Projects must also support one of the Ministère’s current or future sectoral strategies:
Projects targeting the following activities are eligible:
Notwithstanding the above, in relation to an agritourism or food tourism project, financing may be provided for work on facilities and/or amenities required for the sale of products stemming from such projects, as these components are essential to the tourism experience provided to visitors.
The Programme d’appui au développement des attraits touristiques (PADAT) covers up to 60% of eligible project costs. This enables you to earmark your cash flows for your regular operations as you work to make your plans a reality.
Complete the Application for financial assistance - Loan and Loan Guarantee (in French) form and return it, along with the documents indicated in the form, to IQTourisme@invest-quebec.com.
For more information, contact:
an Investissement Québec advisor, at 1 844 474-6367,
an advisor at Tourisme Québec, Direction du partenariat et des programmes d’aide financière en tourisme, at 418 643-5959, ext. 3408.