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1. Loan guarantees

Canada Small Business Financing Program

Innovation, Science and Economic Development Canada

This program could help you secure up to $1 million from a financial institution by sharing the risk with your lender.

The loans can be used to:

  • Purchase or improve land or buildings
  • Purchase leasehold improvements or improve leased property
  • Purchase new or used equipment

Eligible small businesses should have annual gross revenues of no more than $10 million.

Discuss your business needs with a financial officer at any bank, caisse populaire, or credit union in Canada. Find a lender near you.

Canadian Agricultural Loans Act program

Agriculture and Agri-Food Canada

If you are an agricultural producer, this program could help you get a loan from a bank, a credit union or a caisse populaire.

Eligibility:

  • Existing farmers
  • Beginning or start-up farmers
  • Farmers taking over the family farm
  • Agricultural co-operatives

Loans are limited to a maximum of:

  • $500,000 for land and construction
  • $350,000 for all other loan purposes

Apply directly through your lending institution.

Other conditions apply.

Development Capital

Investissement Québec

You could receive funding of $5 million or more in the form of a loan guarantee, a subordinate loan or equity participation for projects such as:

  • Share buybacksBusiness acquisition
  • Productivity improvement or growth (expansion, equipment upgrades)

All Quebec businesses are eligible, except for those working in the following sectors:

  • Agriculture
  • Finance and insurance
  • Real estate
  • Retail sales
  • Other sectors in which the client base is made up mainly of individuals, except for the tourism sector

Other conditions apply.

EDC Direct Lending

Export Development Canada

You may apply for a secured loan for your international expansion plans or for your foreign affiliate.

A direct loan can support:

  • Financing of equipment or facilities
  • Establishment or expansion of a foreign affiliate

EDC lending support is priced based on the level of risk and the market involved.

Other conditions apply.

ESSOR Program — Funding support for development projects

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

Is your business involved in manufacturing, software publishing, research, environmental services, or tourism? If so, you could get a loan guarantee covering up to 70% of a net loss for investments or a loan covering up to 50% of the cost of your growth projects, such as:

  • Business creation
  • Business expansion or modernization

The project must help maintain or create jobs.

Other conditions apply.

ESSOR — Forestry Business Component

Investissement Québec

You could get a loan guarantee covering a loan of up to $1,000,000 from your lender. The guarantee can cover up to 80% of a net loss, up to  a maximum of $300,000.

Your commercial forest management activities must involve:

  • Harvesting wood (felling, hauling and sawing)
  • Loading, transporting and unloading wood at a plant
  • Carrying out silvicultural work

Projects must target the acquisition or replacement of forestry equipment and enhance the equipment's performance and effectiveness.

Other conditions apply.

Financial support for fishing enterprises

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

Do you own a fishing enterprise? If so, you could be eligible for a loan guarantee for projects such as:

  • acquisition, construction or repair of commercial fishing boats;
  • acquisition of commercial fishing quotas and licences;
  • purchase of electronic, mechanical and hydraulic boat components;
  • debt consolidation.

You must demonstrate:

  • that you are able to meet your financial obligations;
  • that you have the human and material resources required.

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.

Fonds afro-entrepreneurs — Loans to Afro-Québécois businesspeople

Filaction

Are you a member of one of Quebec's black communities? You could receive a loan or loan guarantee of $5,000 to $25,000 to:

  • Start up or expand your business
  • Purchase equipment
  • Meet your cash flow needs
  • Increase your working capital

Your business must have been in existence for no more than 5 years or be in the process of starting up.

Other conditions apply.

Fonds de diversification économique de la MRC des Appalaches

Innovation, Science and Economic Development Canada

Your business could be eligible for financial assistance if you are starting or growing a manufacturing, primary, tertiary (value-added services) or tourism business in the Des Appalaches MRC.

Support will mainly be provided in the form of a

  • Repayable contribution (loan with interest, interest-free loan, equity investment);
  • Loan guarantee of up to 70% of net loss;
  • Non-repayable contribution.

The amount of financing can reach 25% of the total cost for investment projects, and 50% for other types of projects. A minimum investment of 10% of the total project cost is required.

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 MOSAÏQUE

Filaction

If you are a member of one of Quebec's cultural communities, you could receive a loan or loan guarantee ranging from $5,000 to $25,000 to start your own business or fund a project for your business that has been in operation for less than 5 years.

To be eligible, you must:

  • Be 18 years of age or older and a member of a cultural community
  • Provide a business plan for your for-profit project
  • Submit your financial forecasts or statements
  • Demonstrate training or experience relevant to the project

Other conditions apply.

Local investment fund

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

If you are starting or expanding a business, you could be eligible for financing in the form of various types of loans or loan guarantees.

Loans can cover eligible expenses such as:

  • Capital expenditures
  • Technology acquisition
  • Working capital for operations

You could get an interest-free loan to help you acquire at least 25% of an existing rural business that you plan to take over.

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

Development Capital

Investissement Québec

You could receive funding of $5 million or more in the form of a loan guarantee, a subordinate loan or equity participation for projects such as:

  • Share buybacksBusiness acquisition
  • Productivity improvement or growth (expansion, equipment upgrades)

All Quebec businesses are eligible, except for those working in the following sectors:

  • Agriculture
  • Finance and insurance
  • Real estate
  • Retail sales
  • Other sectors in which the client base is made up mainly of individuals, except for the tourism sector

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.

Fonds de diversification économique de la MRC des Appalaches

Innovation, Science and Economic Development Canada

Your business could be eligible for financial assistance if you are starting or growing a manufacturing, primary, tertiary (value-added services) or tourism business in the Des Appalaches MRC.

Support will mainly be provided in the form of a

  • Repayable contribution (loan with interest, interest-free loan, equity investment);
  • Loan guarantee of up to 70% of net loss;
  • Non-repayable contribution.

The amount of financing can reach 25% of the total cost for investment projects, and 50% for other types of projects. A minimum investment of 10% of the total project cost is required.

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.

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 Commercial real estate financing

Business Development Bank of Canada

Do you need larger, more modern facilities for your business? You can apply for a long-term loan with flexible terms to help with the costs of commercial real estate.

You could use the loan to:

  • Buy land and buildings
  • Construct new premises
  • Expand or renovate existing premises

You could also use the loan to help replace the working capital that you have spent on your commercial real estate.

BDC Equipment purchase financing

Business Development Bank of Canada

You could get a loan to purchase new or used equipment for your business. Depending on your business needs, BDC offers you two options to choose from:

Equipment loan: Gives you the money you need to finance your equipment right away with interest-only payments for up to 24 months at the start of the loan, followed by a repayment period of up to 12 years.

Equipment line: Using your pre-approved amount, you have the flexibility to make equipment purchases over a 12-month period with guaranteed terms and conditions.

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 Start-up financing

Business Development Bank of Canada

Do you need a loan to start or buy a business, or to pay for property and equipment to set up your business? Financing may be available to entrepreneurs who demonstrate:

  • Market and sales potential
  • Competence in the management team
  • Investment in their business
  • Expertise in a chosen field

Other conditions apply.

BDC Technology financing — Information and communications technology loan

Business Development Bank of Canada

Do you need financing to update your technology projects? You could get a loan to buy or update your information and communications technology while preserving your short-term working capital. With this funding you could invest in:

  • Hardware (servers, network, computers, and accessories)
  • Software (human resources, supply chain, finance, and accounting)
  • Advisory services (IT planning, strategy, security, online sales, Internet marketing, social media)

Other conditions apply.

BDC Wholesale financing

Business Development Bank of Canada

If you operate a small or medium-size finance or leasing company that extends financing for vehicles and/or commercial equipment to your customers, you could access expanded funding options to help you:

  • Respond to business and consumer demand
  • Increase the availability of credit that you can extend to your customers

The funding is provided on commercial terms and on a match-funded basis.

The program is jointly administered and financed by the BDC and TAO Asset Management.

Canada Small Business Financing Program

Innovation, Science and Economic Development Canada

This program could help you secure up to $1 million from a financial institution by sharing the risk with your lender.

The loans can be used to:

  • Purchase or improve land or buildings
  • Purchase leasehold improvements or improve leased property
  • Purchase new or used equipment

Eligible small businesses should have annual gross revenues of no more than $10 million.

Discuss your business needs with a financial officer at any bank, caisse populaire, or credit union in Canada. Find a lender near you.

Canadian Agricultural Loans Act program

Agriculture and Agri-Food Canada

If you are an agricultural producer, this program could help you get a loan from a bank, a credit union or a caisse populaire.

Eligibility:

  • Existing farmers
  • Beginning or start-up farmers
  • Farmers taking over the family farm
  • Agricultural co-operatives

Loans are limited to a maximum of:

  • $500,000 for land and construction
  • $350,000 for all other loan purposes

Apply directly through your lending institution.

Other conditions apply.

Chantier de l'économie sociale Trust

Réseau d'investissement social du Québec (RISQ)

Your social economy business, non-profit organization or cooperative could get a loan with a 15-year capital repayment moratorium. Trust funding ranges from $50,000 to $1,500,000 and can cover up to 35% of eligible expenses.

You could fund:

  • working capital-related costs
  • launch of new products
  • equipment purchases
  • acquisition, construction or renovation of a building

Your business must have fewer than 200 employees.

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.

Development Capital

Investissement Québec

You could receive funding of $5 million or more in the form of a loan guarantee, a subordinate loan or equity participation for projects such as:

  • Share buybacksBusiness acquisition
  • Productivity improvement or growth (expansion, equipment upgrades)

All Quebec businesses are eligible, except for those working in the following sectors:

  • Agriculture
  • Finance and insurance
  • Real estate
  • Retail sales
  • Other sectors in which the client base is made up mainly of individuals, except for the tourism sector

Other conditions apply.

EDC Direct Lending

Export Development Canada

You may apply for a secured loan for your international expansion plans or for your foreign affiliate.

A direct loan can support:

  • Financing of equipment or facilities
  • Establishment or expansion of a foreign affiliate

EDC lending support is priced based on the level of risk and the market involved.

Other conditions apply.

ESSOR Program — Funding support for development projects

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

Is your business involved in manufacturing, software publishing, research, environmental services, or tourism? If so, you could get a loan guarantee covering up to 70% of a net loss for investments or a loan covering up to 50% of the cost of your growth projects, such as:

  • Business creation
  • Business expansion or modernization

The project must help maintain or create jobs.

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.

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.

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.

Fonds afro-entrepreneurs — Loans to Afro-Québécois businesspeople

Filaction

Are you a member of one of Quebec's black communities? You could receive a loan or loan guarantee of $5,000 to $25,000 to:

  • Start up or expand your business
  • Purchase equipment
  • Meet your cash flow needs
  • Increase your working capital

Your business must have been in existence for no more than 5 years or be in the process of starting up.

Other conditions apply.

Fonds d'investissement en agroalimentaire Nicolet-Yamaska

Service de développement économique de la MRC de Nicolet-Yamaska

Do you own a non-conventional-sized agri-food business or small farm in the Regional County Municipality of Nicolet-Yamaska? You could receive an interest-free loan of up to $10,000 for a start-up, expansion, take-over or acquisition project in the areas of agri-food production, transformation or marketing.

The project must:

  • Create at least one sustainable position
  • Be based on a comprehensive business plan
  • Demonstrate a viable market

You must invest a minimum of 20% of the total cost in the project.

Other conditions apply.

Fonds d'investissement pour la relève agricole

Fonds d'investissement pour la relève agricole

If you are an agricultural entrepreneur or on your way to becoming one, you could be eligible to receive assistance including:

  • a down payment loan of up to $250,000 to be used, for example, to purchase equipment, buildings, agricultural land, quotas, or an entire farm;
  • the lease of land with option to repurchase at market value or with inflation protection of an annual maximum rate of 3.5%.

To be eligible, you must:

  • be between 18 and 39 years old;
  • have completed a recognized training/educational program;
  • hold at least 20% of the business's shares.

Other conditions apply.

Fonds de diversification économique de la MRC des Appalaches

Innovation, Science and Economic Development Canada

Your business could be eligible for financial assistance if you are starting or growing a manufacturing, primary, tertiary (value-added services) or tourism business in the Des Appalaches MRC.

Support will mainly be provided in the form of a

  • Repayable contribution (loan with interest, interest-free loan, equity investment);
  • Loan guarantee of up to 70% of net loss;
  • Non-repayable contribution.

The amount of financing can reach 25% of the total cost for investment projects, and 50% for other types of projects. A minimum investment of 10% of the total project cost is required.

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.

FONDS MOSAÏQUE

Filaction

If you are a member of one of Quebec's cultural communities, you could receive a loan or loan guarantee ranging from $5,000 to $25,000 to start your own business or fund a project for your business that has been in operation for less than 5 years.

To be eligible, you must:

  • Be 18 years of age or older and a member of a cultural community
  • Provide a business plan for your for-profit project
  • Submit your financial forecasts or statements
  • Demonstrate training or experience relevant to the project

Other conditions apply.

Fonds Tourisme PME

Tourisme Québec

You could receive up to $250,000 in funding for your for-profit or social economy (not-for-profit or cooperative) business in the tourism sector.

The loan could be used to:

  • Finance facilities and equipment
  • Increase working capital

You must meet the following criteria:

  • Not be in a recovery process
  • Have a down payment of between 15% and 25% of the total cost of the project
  • Have relevant experience in the field
  • Demonstrate the potential for long-term sustainability of the project

Other conditions apply.

Forestry Financing

La Financière agricole

If you are planning to manage a private wooded area of at least 60 hectares, you could receive a loan of up to $750,000 for projects such as:

  • Purchase of woodlots or forestry operations
  • Acquisition of machinery and equipment
  • Construction or renovation of buildings
  • Management of forestry work
  • Purchase or buy-back of shares

You must :

  • Be at least 18 years of age
  • Hold a forest  producer certificate or be in the process of obtaining one
  • Present a potentially profitable project

Other conditions apply.

Local investment fund

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

If you are starting or expanding a business, you could be eligible for financing in the form of various types of loans or loan guarantees.

Loans can cover eligible expenses such as:

  • Capital expenditures
  • Technology acquisition
  • Working capital for operations

You could get an interest-free loan to help you acquire at least 25% of an existing rural business that you plan to take over.

PME MTL Fund

PME MTL

You could receive up to $300,000 to cover expenses related to the start-up or development of your business establishment in Montreal, including:

  • Working capital
  • Capital assets
  • Marketing costs
  • Purchase of equipment
  • Acquisition of a business (succession or transfer)
  • Costs for patents or the protection of intellectual property
  • Prototyping

You must:

  • Be a Canadian citizen or permanent resident
  • Submit a business plan or a summary of projected financial statements
  • Provide an investment of at least 20% of the total project cost

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

Refundable tax credit for film production services

Société de développement des entreprises culturelles (SODEC)

You could get a tax credit to cover up to 36% of the cost of qualified properties and labour costs incurred in Quebec, for your film production services, as well as for computer-aided animation and special effects.

To be eligible, you must:

  • Meet a minimum budget requirement
  • Have an approval certificate issued by SODEC
  • Be identified as a qualified corporation in a preliminary decision made by SODEC

Other conditions apply.

Tax credit for the modernization of a tourist accommodation establishment

Revenu Québec

If you own a tourist accommodation establishment located outside the census areas of metropolitan Montreal and Quebec, you could get a tax credit for up to 25% of eligible renovation expenses made before January 1, 2016.

Your establishment must:

  • Have assets of $400,000 or more
  • Have a gross income of at least $100,000
  • Hold a valid classification as a hotel, resting-place, tourist residence, resident camp or youth hostel.

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 Initiatives Fund III

Secrétariat aux affaires autochtones

If you run an eligible Indigenous organization, you can receive funding for your project to:

  • Start-up, expand or develop a business
  • Conduct the necessary studies to finalize a project
  • Help the Nation or community better structure its economic development
  • Develop the Indigenous workforce
  • Enhance the social economy

The sponsor must demonstrate the financial needs to be met and provide a business plan supporting the project’s validity and relevance.

Other conditions apply.

Accessibility program for tourist establishments

Tourisme Québec

You could receive financial assistance to cover up to 80% of eligible costs, to a maximum amount of $20,000 per project for infrastructure improvement projects to increase the accessibility of your tourist establishment.

Eligible work includes:

  • Barrier-free outdoor area and stair-free indoor area
  • Barrier-free entrances — accessible to people in wheelchairs
  • Accessible washrooms
  • Barrier-free rooms

Work must be performed on an existing establishment and comply with Kéroul accessibility criteria.

Other conditions apply.

Dairy Farm Investment Program

Agriculture and Agri-Food Canada

If you are a licenced dairy farmer, you can apply for funding for up to 50% of eligible costs, to a maximum of $250,000, to improve the productivity and competiveness of your dairy farm.

Eligible activities include:

  • Hiring experts to assess how to improve productivity
  • Acquiring new equipment, including software and IT
  • Training on new equipment
  • Retrofitting facilities

Other conditions apply.

Dairy Processing Investment Fund

Agriculture and Agri-Food Canada

As a dairy processor or cheese maker, you can apply for up to $10 million per year in non-repayable contributions to increase your organization's productivity and competitiveness, and prepare for market changes resulting from CETA.

Funds may be used for:

  • Capital Investment in equipment and infrastructure
  • Access to Expertise to engage private sector technical, managerial, and business expertise.

Eligible activities include:

  • the application of technologies to make use of surplus skim milk
  • increasing the facility's capacity to use milk or milk components

Other conditions apply.

ESSOR Program — Funding support for development projects

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

Is your business involved in manufacturing, software publishing, research, environmental services, or tourism? If so, you could get a loan guarantee covering up to 70% of a net loss for investments or a loan covering up to 50% of the cost of your growth projects, such as:

  • Business creation
  • Business expansion or modernization

The project must help maintain or create jobs.

Other conditions apply.

Financial support for agricultural fairs

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

Your association or agricultural group could receive financial assistance which may cover up to 70% of eligible expenses to make an agricultural fair project a reality.

To be eligible, activities could include:

  • Organizing agricultural fairs and competitions
  • Promoting agri-food know-how 
  • Making the public aware of the Quebec bio-food sector

You will need to submit a detailed business plan for each project.

Other conditions apply.

Financial support for aspiring farmers

La Financière agricole

If you are planning to take over an existing farm or start a new agriculture business, you could receive a grant of up to $50,000.

You could invest in activities that improve the productivity of your business, for example:

  • Land improvement
  • Equipment purchase

You must:

  • Be 18 to 40 years old
  • Have received recognized training
  • Hold at least 20% of the business' shares
  • Have at least one year of relevant experience in agriculture

Other conditions apply.

Fonds d'appui au rayonnement des régions

Ministère des Affaires municipales et de l’Occupation du territoire

You could receive financial assistance of up to $1 million for your organization if it contributes to business development or the enhancement of the appeal of living environments.  

The project must:

  • Be carried out within an administrative region of Quebec, except for the regions of Montreal and the Capitale-Nationale;
  • Be in line with a regional priority;
  • Have regional scope;
  • Obtain sectoral funding when a government program exists and an envelope is available.

Other conditions apply.

Fonds de développement des entreprises d'économie sociale

Centres locaux de développement (CLD) and RCM - Economic Development

You could receive a grant to help you finance plans to start, consolidate or expand your social economy business.

Your company must:

  • be financially viable
  • produce goods or offer services
  • create sustainable jobs

Eligible expenses are:

  • technology acquisition or patenting
  • capital expenditures (land, building, equipment)
  • working capital needs 

Please contact us for the organization in your region that oversees this fund.

Fonds de développement économique de la région de la Capitale-Nationale

Secrétariat à la Capitale-Nationale

You could receive a non-repayable contribution to support your projects in the Capitale-Nationale region, such as:

  • The marketing of a product
  • Improvements to services and infrastructure
  • Conferences and cultural or sporting events
  • Opportunity and feasibility studies

The structuring effect of the project is evaluated according to its:

  • Economic benefits
  • Extra-regional outreach
  • Contribution to economic development

The retail and wholesale trades andaccommodation and food services sectors are not eligible.

Other conditions apply.

Fonds de diversification économique de la MRC des Appalaches

Innovation, Science and Economic Development Canada

Your business could be eligible for financial assistance if you are starting or growing a manufacturing, primary, tertiary (value-added services) or tourism business in the Des Appalaches MRC.

Support will mainly be provided in the form of a

  • Repayable contribution (loan with interest, interest-free loan, equity investment);
  • Loan guarantee of up to 70% of net loss;
  • Non-repayable contribution.

The amount of financing can reach 25% of the total cost for investment projects, and 50% for other types of projects. A minimum investment of 10% of the total project cost is required.

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 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.

Industrial Systems Program — Catered Projects Component

Hydro-Québec

Do you want to reduce your operating costs and improve your competitive position? If so, you could get financial assistance of up to $2 million to improve your factory's energy-efficiency and support facility restructuring projects.

The program has 2 components:

  • Retrofit
  • New Plant, Expansion or Addition of Production Lines

Other conditions apply.

Matching Investment Fund (dairy)

Canadian Dairy Commission

You could get up to $150,000 to create new or improved products made from milk. Up to $25,000 of that amount can be used for consultation services, while remaining funds must be applied to product development.

To qualify, you need to:

  • Make foods, drinks or other products using milk
  • Contribute 50% of the costs
  • Create a product that increases the use of milk

Small businesses (fewer than 25 employees) are eligible for a reimbursement of up to 100% of eligible costs for the first $10,000 spent on a project.

Other conditions apply.

PRAM-Business

City of Montreal

If you are the owner of a commercial building, located on an eligible street in Montreal, you could receive a grant for your design projects, facade renovations and store layout projects.

Financial support could cover:

  • 1/3 of the cost of eligible work, up to $250,000
  • 50% of the honoraria for layout design professional services, up to $20,000

Merchants located on 15 Montreal commercial arteries could be eligible for funding. Visit the website to identify the sectors where the program is in effect.

Some conditions apply.

PRAM-Major roadwork

City of Montreal

If you are a merchant established on a street where major underground infrastructure work is being carried out, you could receive funding for your facade renovation and store layout projects.

Financial support can cover:

  • 40% of the cost of the eligible work, up to $300,000
  • 50% of the honoraria for layout design professional services, up to $40,000

Merchants on 7 commercial arteries in the Montreal area could be eligible for funding. Visit the site to identify the sectors where the program is in effect.

Certain 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.

Programme d'immobilisation en entrepreneuriat collectif

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

You could get up to $500,000 for the renovation, construction or acquisition of a building. The building must be used for the production and sale of goods and services of offered by your nonprofit organization or cooperative.

The project must meet one of the following criteria:

  • Be part of an expansion plan
  • Be part of a development plan for the supply of services
  • Be required to maintain operations

You must demonstrate that:

  • Several funding sources have been explored
  • The organization generates a minimum of 40% of own-source revenues from commercial activities

Other conditions apply.

Quebec Economic Development Program

Canada Economic Development for Quebec Regions

Find programs and services to help you  grow your business.

Find resources that can help you:

  • Improve productivity
  • Innovate,  adopt or transfer technologies
  • Market or export your goods or services

Sustainable Development Technology Fund

Sustainable Development Technology Canada

If you create technology that deals with climate change issues, clean air, clean water or soil quality, you could get funding to cover up to 33% of the costs involved in developing and testing your product.

To qualify, you need to:

  • Have expertise in sustainable development technology
  • Be part of a project consortium

Your product or process must be used to:

  • Produce and distribute energy
  • Create electricity (for example, solar power)
  • Remove pollutants in certain industry sectors

Other conditions apply. You only need to repay the funds if you collect revenues related to the project or use project assets for business activities.

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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