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Finance your sales growth in Canada

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1. Loan guarantees

PADAT: A Program Supporting the Development of Tourist Attractions

Investissement Québec

You could qualify for a loan or loan guarantee covering up to 60% of eligible costs for projects that contribute to the development of potential regional attractions such as:

  • Diversification of tourism offerings related to culture, events, winter activities, nature and adventure, business and conventions
  • Development of the gateways to Quebec City, Montreal, the Outaouais region, and the St. Lawrence River.

Projects related to accommodations, retail trade, restaurant, and gambling are not eligible.

Other conditions apply.

SMBs and Large Corporations — Project Financing

Investissement Québec

You may be eligible for a loan, a loan guarantee, or funding in "quasi-equity" of $50,000 or more for business projects such as:

  • Purchase of machinery and equipment
  • Building modernization
  • Business succession, transfer, or acquisition
  • Increase in working capital
  • Trademarks acquisition
  • Export
  • Innovation
  • Commercialization

The maximum duration of funding is 25 years. Agricultural sectors, finance, real estate and retail are excluded.

Other conditions apply.

2. Equity investments

BDC Capital

Business Development Bank of Canada

Access a wide range of specialized financing to match the various stages of growth of your business, such as:

  • Transforming your ideas into a business
  • Growth initiatives such as R&D, and product and market development
  • Buying or transferring a business, including family successions, management and partner buyouts, and management buy-ins

Options include:

  • Venture capital
  • Growth and Transition Capital
  • Growth equity

Terms and conditions may be tailored to meet your unique needs.

Femmessor — Réussir en affaires

Femmessor

Are you a woman who owns at least 25% of the shares of a business? If so, you could get assistance with a project relating to the start-up, expansion, consolidation, growth, or acquisition of a business, such as:

  • A conventional loan ($20,000 to $150,000) or capital stock (up to $250,000)
  • Customized training, workshops and seminars to perfect your skills
  • Individual coaching services or mentoring
  • Networking activities to develop your network of relationships

Your project must be cost-effective and economically viable.

Other conditions apply.

Financing for collective entrepreneurship

Investissement Québec

Your cooperative or non-profit organization could receive a minimum funding of $50,000 in loans, loan guarantees, or equity investment of up to 100% of the cost of projects such as:

  • Building acquisition or modernization
  • Purchase of machinery or equipment
  • Refinancing
  • Entry into a new market
  • Acquisition of intangible assets (trademarks, patents, etc.)

The organization must engage in commercial activities.

Other conditions apply.

Financing program for cultural businesses

Société de développement des entreprises culturelles (SODEC)

You could get a term loan, credit, loan guarantee or equity investment to cover the operational, growth or rehabilitation costs of your cultural or communications business.

Your business must:

  • Have a head office located in Quebec
  • Have been engaged in commercial activities for at least one year or operate in a niche business with no known competition
  • Submit a financing project that demonstrates profitability
  • Have the resources needed to fulfill all your financial obligations

Other conditions apply.

Fonds d'aide à l'économie de Lac-Mégantic

Ministère de l'Économie, de la Science et de l'Innovation

You could get financial assistance for eligible projects or activities carried out within the town of Lac-Mégantic, such as:

  • Assessment projects
  • Market development
  • Hiring strategic personnel
  • Business start-ups supporting economic and tourism development
  • Installation or improvement of public infrastructures

The fund will contribute up to:

  • 90% for studies
  • 80% for other activities and projects

Eligible support projects must follow sustainable development principles.

Other conditions apply.

Fonds d'investissement de la culture et des communications

Fonds d'investissement de la culture et des communications

Your cultural business could have access to financial products such as quasi-equity and equity. The minimum investment in a for-profit share capital business is $250,000 and $150,000 in a social economy business, to a maximum investment of $3,000,000.

Your business is eligible, if you:

  • Are dedicated to the creation, production and dissemination of cultural content
  • Provide technical or technological support services to content businesses
  • Have a product or service of outstanding quality and originality
  • Have a solid business plan that displays your current and future profitability

Other conditions apply.

Fonds de diversification économique du Centre-du-Québec et de la Mauricie

Ministère de l'Économie, de la Science et de l'Innovation

You could get financial assistance if you are located in the Centre-du-Québec and Mauricie regions, and are carrying out a business development project in the industries of manufacturing, primary, tertiary or tourism.

Support is primarily in the form of a:

  • Repayable contribution (interest-bearing or interest-free loan, equity participation)
  • Loan guarantee of up to 70% of net loss
  • Non-refundable contribution

You may receive up to 25% of the total costs for investment projects and up to 50% for other projects. An investment of at least 10% of the total cost will be required.

Other conditions apply.

Fonds de diversification économique — MRC des Sources

Ministère de l'Économie, de la Science et de l'Innovation

You could get financial assistance, if you are carrying out a start-up or business development project in the manufacturing, value added tertiary sector or tourism industry in the Regional County Municipality of Des Sources.

Support will be primarily in the form of a:

  • Repayable contribution (interest-bearing or interest-free loan, equity participation)
  • Loan guarantee of up to 70% of net loss
  • Non-refundable contribution

You may receive up to 25% of the total costs for investment projects and up to 50% for other projects. An investment of at least 10% of the total cost will be required.

Other conditions apply.

Fonds de solidarité FTQ

Fonds de solidarité FTQ

You could get up to $3 million in loans or equity financing for your merger, acquisition, expansion or new market development projects.

The FTQ considers criteria related to the success of each project, such as:

  • Economic viability of the business
  • Economic spin-offs for jobs
  • Knowledge and experience of stakeholders
  • Appreciation of workers
  • Participation of other financial partners

Other conditions apply.

Réseau des SADC et CAE (Network of CFDCs and CBDCs)

Canada Economic Development for Quebec Regions

The Réseau des SADC et CAE is a network of the Community Futures Development Corporations and the Business Development Corporations. These non-profit organizations can help you start or grow a business in your community. If you live in Quebec, the office in your area can offer:

  • Help with your business plan
  • Business counseling
  • Training
  • Loans or share capital ranging from $5,000 to $150,000, depending on the financing program

SMBs and Large Corporations — Project Financing

Investissement Québec

You may be eligible for a loan, a loan guarantee, or funding in "quasi-equity" of $50,000 or more for business projects such as:

  • Purchase of machinery and equipment
  • Building modernization
  • Business succession, transfer, or acquisition
  • Increase in working capital
  • Trademarks acquisition
  • Export
  • Innovation
  • Commercialization

The maximum duration of funding is 25 years. Agricultural sectors, finance, real estate and retail are excluded.

Other conditions apply.

3. Loans and cash advances

BDC business loans

Business Development Bank of Canada

Whether you are launching a business or looking to expand and grow an existing one, you could get a term loan to help you:

  • Start or buy a business
  • Buy, build or renovate your facilities
  • Buy equipment
  • Research and develop new products
  • Develop new markets for your products
  • Acquire information and communications technology
  • Sell your business

The loan comes with flexible terms.

You may need to provide credit references and to have invested money in your business. Other conditions apply.

BDC Capital

Business Development Bank of Canada

Access a wide range of specialized financing to match the various stages of growth of your business, such as:

  • Transforming your ideas into a business
  • Growth initiatives such as R&D, and product and market development
  • Buying or transferring a business, including family successions, management and partner buyouts, and management buy-ins

Options include:

  • Venture capital
  • Growth and Transition Capital
  • Growth equity

Terms and conditions may be tailored to meet your unique needs.

BDC Small Business Loan — for existing business

Business Development Bank of Canada

Keep your cash flow. Rather than using the money you need for day-to-day activities, consider applying for additional financing. With the BDC Small Business Loan, you could get up to $100,000 within 5 business days, no application fees or hassles. The entire process is completed online.

You need to have been operating your business for the past 24 months.

Other conditions apply.

BDC Xpansion Loan

Business Development Bank of Canada

If you are looking to expand into new domestic or foreign markets, this loan could provide you with funding to:

  • Invest in technology or develop new products
  • Launch a new marketing campaign
  • Purchase licenses, patents or trademarks
  • Hire and train additional employees
  • Obtain a certification

Conditions apply.

Community Futures Program (Quebec)

Canada Economic Development for Quebec Regions

If you live in a rural area or in a region that doesn't have many job opportunities, you may be able to get a loan to start or grow a business. The amount of funding available and the eligibility criteria depend on the region where you live.

You will need to create a business plan and describe any financing you have received or expect to receive through any other government or municipal program. The funding is a loan that must be repaid.

FACTOR funding for the sound recording industry

Foundation Assisting Canadian Talent on Recordings

As a Canadian recording artist, song writer, artist manager, record label owner, music publisher, distributor, or event producer of English language content, you could qualify for funding.

Eligible activities include:

  • Sound recording
  • Business development
  • Marketing and promotion
  • Business travel and tours
  • Creation of a music video
  • Workshops for songwriters

Depending on the program, the funding:

  • Comes in the form of grants, or a combination of loans and grants
  • Provides maximum amounts that range from $750 to $200,000
  • Generally covers up to 50% of the cost of eligible activities

Other conditions apply.

Farm Credit Canada — loans and lending options

Farm Credit Canada

Do you need financing to start, run, grow, or transfer an agri-food or agribusiness operation? Farm Credit Canada offers a large range of loans with unique terms that can help you:

  • Purchase or improve land, buildings or equipment
  • Buy crop inputs or livestock
  • Make environmental improvements
  • Transfer your business to a new operator

Eligible producers or business owners are Canadian citizens of legal age.

Femmessor — Réussir en affaires

Femmessor

Are you a woman who owns at least 25% of the shares of a business? If so, you could get assistance with a project relating to the start-up, expansion, consolidation, growth, or acquisition of a business, such as:

  • A conventional loan ($20,000 to $150,000) or capital stock (up to $250,000)
  • Customized training, workshops and seminars to perfect your skills
  • Individual coaching services or mentoring
  • Networking activities to develop your network of relationships

Your project must be cost-effective and economically viable.

Other conditions apply.

FIJE Fund

Centre d'Aide aux Entreprises Haute-Yamaska et région

You may be eligible for up to $50,000 in funding to start or grow your business.

The program is aimed at:

  • Women
  • Youth between 18 and 39 years of age
  • Immigrants, including:
    • Permanent residents
    • Qualified workers
    • Canadian citizens since less than 5 years

You must:

  • Have a mentor
  • Present a business plan demonstrating the viability of the project
  • Have a good credit rating
  • Create at least one full-time job
  • Provide a down payment of 10% of the cost of the project
  • Be in the Haute-Yamaska region of Quebec

Other conditions apply.

Fonds de solidarité FTQ

Fonds de solidarité FTQ

You could get up to $3 million in loans or equity financing for your merger, acquisition, expansion or new market development projects.

The FTQ considers criteria related to the success of each project, such as:

  • Economic viability of the business
  • Economic spin-offs for jobs
  • Knowledge and experience of stakeholders
  • Appreciation of workers
  • Participation of other financial partners

Other conditions apply.

Le Fonds ADM / 375 idées

Jeune Chambre de commerce de Montréal (JCCM)

Are you a Montreal entrepreneur aged 18 to 40? If so, you can receive a $3,750 loan at a rate of 2% if you have a project at the pre-start-up or start-up stage, or that has been growing for less than two years.

You must:

  • Be a Canadian citizen or permanent resident;
  • Have your head office in Montreal;
  • Have met 100% of your crowdfunding objective of at least $3,750 on Quebec's La Ruche platform since January 1, 2017;
  • Demonstrate your project's viability and profit potential.

Other conditions apply.

PADAT: A Program Supporting the Development of Tourist Attractions

Investissement Québec

You could qualify for a loan or loan guarantee covering up to 60% of eligible costs for projects that contribute to the development of potential regional attractions such as:

  • Diversification of tourism offerings related to culture, events, winter activities, nature and adventure, business and conventions
  • Development of the gateways to Quebec City, Montreal, the Outaouais region, and the St. Lawrence River.

Projects related to accommodations, retail trade, restaurant, and gambling are not eligible.

Other conditions apply.

Program to Support Diversification and Regional Development

La Financière agricole

If you own an agricultural business and want to increase your productivity or diversify your products, you could be refunded the interest on loan capital, up to $200,000. The maximum contribution amount available is $15,000 per business.

There are four components to the program:

  • Diversification support
  • Land improvement support
  • Support for greenhouse operations
  • Support for milk-fed calf operations

The following aspects will be assessed for all projects submitted:

  • Profitability and potential for growth
  • Market
  • Technical feasibility
  • Compliance with the laws and regulations

Other conditions apply.

SMBs and Large Corporations — Project Financing

Investissement Québec

You may be eligible for a loan, a loan guarantee, or funding in "quasi-equity" of $50,000 or more for business projects such as:

  • Purchase of machinery and equipment
  • Building modernization
  • Business succession, transfer, or acquisition
  • Increase in working capital
  • Trademarks acquisition
  • Export
  • Innovation
  • Commercialization

The maximum duration of funding is 25 years. Agricultural sectors, finance, real estate and retail are excluded.

Other conditions apply.

BDC Indigenous Entrepreneur Loan

Business Development Bank of Canada

As an Indigenous entrepreneur, you could get up to $150,000 to start a business or up to $250,000 to grow your existing business.

Operations can be on or off reserve.

You can use the loan to:

  • Acquire fixed assets
  • Finance franchise fees
  • Cover start-up costs
  • Start exporting
  • Replenish working capital to support your company's growth

4. Tax refunds and credits

Tax credit for the design of factory-made products (fashion design section)

Ministère de l'Économie, de la Science et de l'Innovation

If your business operates in the fashion or textile industries, you could receive a tax credit:

  • For your in-house design activities, performed by one of your employees: salary costs are admissible, up to a maximum of $60,000
  • For external activities carried out by a consultant: 65% of contract fees or royalties are eligible

Eligibility:

  • Obtain a certificate of eligibility from the Ministère de l'Économie, de la Science et de l'Innovation
  • Gross earnings of at least $150,000
  • Your production must be undertaken in Quebec

Other conditions apply.

Tax credit for the design of factory-made products (industrial design component)

Ministère de l'Économie, de la Science et de l'Innovation

Your business could get help to carry out industrial design work and make its products more competitive. You could, in fact, receive a tax credit:

  • To cover up to $60,000 in salary costs for internal design work carried out by one of your employees
  • To cover 65% of contract fees or charges for external work done by a consultant

Eligibility

  • Hold a certificate of eligibility from the Ministère de l'Économie, de la Science et de l'Innovation
  • Have a gross revenue of at least $150,000

Other conditions apply.

Tax credits for production of multimedia titles

Investissement Québec

You could receive a refundable tax credit of up to 37.5% of eligible work force expenses, if your business:

  • Produces digital text, sound, static or animated images
  • Uses an electronic support governed by software that allows for interactivity
  • Carries out all the work involved in the production of the multimedial title

To be eligible for this tax credit, you must first obtain an initial certificate of eligibility, as well as an attestation of production work, issued by Investissement Québec.

Other conditions apply.

Tax credits — Market Diversification for Quebec Manufacturing Companies

Investissement Québec

If you would like to market your products outside Quebec, you may be able to benefit from this refundable tax credit covering up to 24% of eligible certification costs, incurred prior to January 1st, 2016, to a maximum of $45,000.

To be eligible, your business must:

  • Be located in Quebec
  • Manufacture eligible goods
  • Have assets of $50 million or less
  • Carry out 75% of its activities in the manufacturing sector
  • Have a corporation certificate issued by Investissement Québec

Other conditions apply.

5. Grants, contributions and financial assistance

Aboriginal Business and Entrepreneurship Development

Indigenous and Northern Affairs Canada

If you are Aboriginal or have a majority-owned Aboriginal business, you can apply for up to $99,999 to help you:

  • Start or buy a business
  • Develop a business plan
  • Grow your existing business
  • Market your product or service
  • Develop new products or processes
  • Get business advice

You do not need to pay the money back. Conditions apply.

Before applying, contact a business development officer in your region to discuss your project.

Aboriginal Business Development Program

Native Commercial Credit Corporation

If you are a member of the First Nations in Quebec, you could receive up to $99,999 to cover eligible expenses, including:

  • Startup or expansion of a business
  • Marketing activities
  • Management expertise
  • Development of a business plan

Eligibility criteria:

  • Have financial resources of your own and a good credit rating
  • Present a viable business project
  • Have experience and training in the field of activities
  • Mandatory full-time involvement in the business

Other conditions apply.

Canada Book Fund

Canadian Heritage

If your business publishes books, you may qualify for a financial contribution toward:

  • Production, marketing and distribution of Canadian-authored books
  • Publishing and technology internships
  • Business planning activities

To qualify, your business must be Canadian-owned and controlled. Other conditions apply.

Canada Council for the Arts — Funding

Canada Council for the Arts

If you are an artist, or arts organization, you may be eligible for grants and prizes for your works. You must be a Canadian citizen or permanent resident and recognized as a professional by other artists in your field.

Grants may be used for the creation, production, and presenting of works as well as:

  • Professional development
  • Residency
  • Travel
  • Development of the sector

Other conditions may apply.

Canada Feature Film Fund

Telefilm Canada

If your film production business is a Canadian-owned and controlled corporation, you may be eligible for financial assistance.

Funding is available through a variety of programs, including the following:

  • Development Program
  • Production Program
  • Theatrical Documentary Program
  • Marketing Program
  • International Marketing and Festival Participation Program

Various Canadian content conditions apply. See the website for financing details. You may submit your application online at any time during Telefilm's fiscal year.

Canada Music Fund: Aid to Canadian Music Publishing Firms

Canadian Heritage

Your music publishing firm could receive a yearly contribution of up to $75,000 for projects that cultivate and promote Canadian music talent.

To qualify for this non-repayable contribution, your business must have operated for a minimum of 3 years.

Your business must also be:

  • Canadian-owned and controlled
  • Headquartered in Canada
  • Financially sound
  • Registered with SOCAN

Other conditions apply.

Canada Music Fund: Aid to Canadian Sound Recording Firms

Canadian Heritage

If you are a sound recording firm that produces and promotes Canadian music, you could receive an annual contribution of up to $550,000 or 50% of eligible expenses.

The funding formula is based on your eligible sales over a specified period.

To qualify, your firm must be:

  • Canadian-owned and managed
  • In business for 3 years
  • Financially viable
  • In good standing

You must also own the copyright to your firm's Canadian sound recordings or hold an exclusive licence from the copyright owner.

You may be required to repay your contribution.

Other conditions apply.

Connecting America co-op marketing program

Destination Canada

Your marketing ideas could make you eligible for a matched contribution up to $250,000 if they can entice American travellers to visit Canada. Your proposal should use new or non-traditional marketing techniques and target American travellers aged 25-44 who are located in one of 9 key U.S. cities.

Your proposal must also show:

  • Cross-provincial/territorial partnership
  • Collaboration of multiple partners (destinations, tourism experiences, transportation and accommodations)
  • Strong and well defined KPIs

Submission deadlines and other conditions apply.

FACTOR funding for the sound recording industry

Foundation Assisting Canadian Talent on Recordings

As a Canadian recording artist, song writer, artist manager, record label owner, music publisher, distributor, or event producer of English language content, you could qualify for funding.

Eligible activities include:

  • Sound recording
  • Business development
  • Marketing and promotion
  • Business travel and tours
  • Creation of a music video
  • Workshops for songwriters

Depending on the program, the funding:

  • Comes in the form of grants, or a combination of loans and grants
  • Provides maximum amounts that range from $750 to $200,000
  • Generally covers up to 50% of the cost of eligible activities

Other conditions apply.

Fonds Jeunes Entreprises

PME MTL

You could receive a non-repayable financial contribution of up to $15,000 to fund business projects such as:

  • Equipment purchase
  • Leasehold improvements
  • Marketing expenses
  • Working capital

You must:

  • Have your business and head office in Montreal
  • Operate a business that is less than 5 years old
  • Submit a business plan that demonstrates the viability of your project
  • Work full-time in the business

This grant must be matched with a loan from the MTL SME Fund.

Other conditions apply.

MUSICACTION

MUSICACTION

As a French-language songwriter, composer, artist, or recording business owner, you may be eligible for financing to help pay for:

  • Recordings and production
  • Artistic development
  • Marketing and promotion
  • Domestic and international business development

Financing amounts range, depending on the activity.

Program to Support Diversification and Regional Development

La Financière agricole

If you own an agricultural business and want to increase your productivity or diversify your products, you could be refunded the interest on loan capital, up to $200,000. The maximum contribution amount available is $15,000 per business.

There are four components to the program:

  • Diversification support
  • Land improvement support
  • Support for greenhouse operations
  • Support for milk-fed calf operations

The following aspects will be assessed for all projects submitted:

  • Profitability and potential for growth
  • Market
  • Technical feasibility
  • Compliance with the laws and regulations

Other conditions apply.

Programme d'accès aux marchés

Ministère de l'Agriculture, des Pêcheries et de l'Alimentation du Québec

You could receive non-refundable financial assistance to cover up to $50,000 of eligible expenses for commercialization projects in the food-processing industry in order  to: 

  • Gain access to a new market or a new market segment
  • Expand your sales from a regional to a provincial scale.

Your business must:

  • Be registered with the Registre des entreprises du Québec
  • Have been commercializing foods processed in Quebec for at least one year
  • Generate sales of $50 million or less

Other conditions apply.

Programme d'aide à l'adaptation numérique des entreprises de la presse d'information écrite

Ministère de la Culture et des Communications

Are you looking to adapt your print media enterprise to the digital environment and new practices? If so, you may be eligible for funding.

Projects must target:

  • Development of innovative strategies in marketing, creation or monetization of press content on matters of current general interest
  • Innovation and experimentation in print media

Total funding may cover up to 50% of eligible expenses.

Other conditions apply.

Programme d'appui au positionnement des alcools québécois dans le réseau de la SAQ

Ministère des Finances et de l'Économie

Do you own a business that produces alcohol, such as fortified or non-fortified wine, cider or mead? You may qualify for a non-repayable government grant of up to $400,000 based on eligible retail sales.

You must:

  • Hold an artisanal production permit issed by the Régie des alcools, des courses et des jeux
  • Have made sales in the SAQ distribution network

Products considered "regular" by the SAQ are not eligible.

Other conditions apply.

Quebec Economic Development Program (QEDP)

Canada Economic Development for Quebec Regions

Are you looking to start a business? Is your community facing economic development issues? There are programs and services available to help you succeed at every stage of your business.

Find resources that can help you:

  • Start a business or improve productivity
  • Innovate or adopt new technologies
  • Market or export your goods or services
  • Plan for succession
  • Promote your region

Support may also be available for economic development, diversification, and recovery of communities, as well as renovation and expansion of community infrastructure.

Support for Québec Farm Business Development

La Financière agricole

You could benefit from an investment grant of up to $20,000 for development projects such as:

  • Increased production volume, performance, or profitability
  • Compliance with animal welfare and organic production standards
  • Start-up of a new agricultural or agri-food business

Your project should also involve:

  • Construction or renovation of a building, including necessary equipment
  • Land improvement works, such as drainage or reclamation of fallow land

Other conditions apply.

Tourism development north of the 49th parallel

Tourisme Québec

You could benefit from a non-repayable contribution to cover up to 90% of eligible costs if you have a tourism development project to be carried out north of the 49th parallel.

Projects must have the following objectives:

  • increase accommodation capacity and quality;
  • diversify outfitters' activities to attract new customers;
  • increase the number of tourist attractions and the amount of infrastructure;
  • extend the tourist season in the regions;
  • generate additional tourist spending and economic spinoffs.

Other conditions apply.

Wildlife, Destination North Program

Ministère des Forêts, de la Faune et des Parcs

You could receive financial aid covering up to 75% of eligible costs if you operate an establishment in Plan Nord territory, or if you are developing a project associated with wildlife activity, such as hunting, fishing, trapping and wildlife watching.

Eligible projects include:

  • Reception and lodging facilities and equipment
  • Wildlife activity and product promotion
  • Development projects
  • Business or development plans

Other conditions apply.

6. Other resources

You can also consult our other directories of financing programs.

You could also avail yourself of non-financial resources to succeed in your business venture.

For any inquiries, please contact our information agents.

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