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1. Loan guarantees

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.

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'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 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

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.

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.

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.

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 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.

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 Buying a business

Business Development Bank of Canada

Would you like to buy an existing business? Do you need a consultant to help you determine its strengths? You could get a loan to:

  • Buy an existing business
  • Acquire a competitor's or supplier's business
  • Purchase the business that you already manage
  • Pay for a consultant to help evaluate the business and integrate its processes

The type of loan you could get will depend on whether or not you already own land, shares in a business, or other assets.

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 New Canadian Entrepreneur Loan

Business Development Bank of Canada

Are you an immigrant entrepreneur? You could get a repayable loan of up to $50,000 to start a new business.

To be eligible, you must:

  • Have immigrated to Canada less than 3 years ago
  • Be a Canadian citizen or have permanent residence status
  • Have a viable business plan
  • Have no established or little credit history to easily access financing

The terms are flexible, with a repayment period of up to 6 years. You would not need to make any capital payments for up to 12 months.

Other conditions apply.

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.

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.

Cooperative Buyout Support Program

Investissement Québec

If you are a member partner of a cooperative, you may be eligible for funding between $100,000 and $2 million for the full or partial buyout of a business to ensure its succession.

Conditions include:

  • Repayment over a maximum period of 15 years
  • A fixed interest rate equivalent to Quebec Government bond yield plus 1.25%
  • A sliding scale of interest for the first 5 years
  • A moratorium on the principal repayment of up to 3 years for a full buyout

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.

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 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'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 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 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.

Futurpreneur Canada Newcomer Program

Futurpreneur Canada

Are you a newcomer to Canada between the ages of 18 and 39, with a limited credit history? If so, you could apply for a $7,500 repayable loan to start a business.

This amount could be matched with a repayable loan from the BDC for a potential total of $15,000.

To qualify, you must:

  • Be a citizen or a permanent resident of Canada, for no longer than 5 years
  • Have been in business for less than 1 year
  • Agree to work with a mentor

Other conditions apply.

Futurpreneur Canada Start-Up Program

Futurpreneur Canada

If you are between the ages of 18 and 39, you could get a loan of $15,000 to start or buy a business.

To be eligible, you will need to:

  • Create a business plan for a business that will employ you full time
  • Work with a mentor for two years

You cannot use the funds to pay existing debts. You need to repay the loan and pay administrative fees.

If you qualify, you can also apply for an extra $30,000 through the Futurpreneur Canada-BDC Start-Up Program.

Other conditions apply.

Jeunes entreprises collectives

PME MTL

If you operate a cooperative, you could receive funding of $23,000 or more, including a:

  • $3,000 grant from the Caisse d'économie solidaire Desjardins
  • $10,000 subsidy as part of the Fonds de développement de l'économie sociale
  • $10,000 loan from PME MTL, the Caisse d'économie solidaire Desjardins or another partner

You must:

  • Operate a new coperative on the Island of Montreal
  • Be a member, or agree to become a member, of the Caisse d'économie solidaire
  • Submit a viable business plan

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.

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.

MicroEntreprendre

MicroEntreprendre

Are you unable to obtain traditional financing to start your business?

You could obtain a loan of $500 to $50,000 from this network, which will also give you technical assistance to structure a viable project.

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.

Prince's Operation Entrepreneur

Prince's Charities Canada

Are you a transitioning Canadian Armed Forces member, veteran, reservist, or a family member looking to establish yourself as an entrepreneur? Or do you already have a business?

This national bilingual program offers:

  •     One-day workshops and seven-day business boot camps
  •     Tools and resources to guide business planning and growth
  •     Networking opportunities and introductions to local community support resources
  •     Access to free corporate law legal advice and information from a national law firm
  •     Short-term one-on-one business coaching for program participants
  •     The Canadian Veteran Business Directory, a free online listing of military-owned businesses in Canada

Programme Créavenir

Desjardins Group

If you’re between 18 and 35, you can receive up to $15,000 in loans and up to $5,000 in grants for your business projects. The support service is provided in partnership with a support organization in your area.

To qualify, you need to:

  • Be or become a member of a participating Desjardins caisse
  • Live and start a business in an area served by a participating caisse
  • Present a viable plan to start a business or consolidate an existing one that is less than three years old

The maximum amount granted might not be the same in some regions. Please contact your local Desjardins caisse for details.

Other conditions apply.

ProMontreal entrepreneurs (PME) Fund

If your start-up business has been in operation in Montreal for less than two years, you could get a loan of up to $50,000, offered at a business prime rate and repayable over 5 years.

To be eligible, you should:

  • be between the ages of 18 and 40 and a member of the Jewish community;
  • be a registered member of ProMontreal Entrepreneurs;
  • fill in the application form;
  • submit a detailed business plan;
  • provide two letters of reference and a recent credit report.

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.

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. 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.

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.

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'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'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.

Jeunes entreprises collectives

PME MTL

If you operate a cooperative, you could receive funding of $23,000 or more, including a:

  • $3,000 grant from the Caisse d'économie solidaire Desjardins
  • $10,000 subsidy as part of the Fonds de développement de l'économie sociale
  • $10,000 loan from PME MTL, the Caisse d'économie solidaire Desjardins or another partner

You must:

  • Operate a new coperative on the Island of Montreal
  • Be a member, or agree to become a member, of the Caisse d'économie solidaire
  • Submit a viable business plan

Other conditions apply.

Jeunes Promoteurs

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

If you are between 18 and 35 years of age, you could get technical and financial assistance to build your first business.

The program has three parts:

  • Part 1 — Realizing plans for a business
  • Part 2 — Building your first business
  • Part 3 — Entrepreneurial training

You need to:

  • have a business plan that demonstrates the viability of the project
  • have relevant experience or training
  • make a financial investment
  • commit to working full time for the company 

Loan amount varies.

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

Opportunities Fund for Persons with Disabilities

Employment and Social Development Canada

If you are a person with a disability who wants to start a business, or an employer who would like to hire someone with a disability, you could qualify for funds.

Self-employment: You could receive financial assistance for training that can help you start a business if you:

  • Have a permanent physical or mental disability
  • Are not eligible for employment insurance benefits

Employers: You could get a wage subsidy to hire someone with a disability. The funding can cover a portion of the salary. Projects must normally involve a minimum of 8 participants.

Other conditions apply.

Programme Créavenir

Desjardins Group

If you’re between 18 and 35, you can receive up to $15,000 in loans and up to $5,000 in grants for your business projects. The support service is provided in partnership with a support organization in your area.

To qualify, you need to:

  • Be or become a member of a participating Desjardins caisse
  • Live and start a business in an area served by a participating caisse
  • Present a viable plan to start a business or consolidate an existing one that is less than three years old

The maximum amount granted might not be the same in some regions. Please contact your local Desjardins caisse for details.

Other conditions apply.

Programme de soutien à la reprise collective

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

Do you want to sell your business? Do you own a co-operative and want to buy a regulatory business? If so, you may receive financial assistance for up to 70% of eligible expenses.

The program includes two streams.

Stream 1 — Feasibility study

  • Assess the investment potential of a group of workers;
  • Assess the organizational culture.

Stream 2 — Implementation support

  • Assess the value of the business and purchase price.
  • Conduct due diligence.
  • Complete a shareholder agreement or purchase contract.

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

Soutien à l'achat d'une première entreprise de pêche commerciale

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

Are you a young fisher looking to buy your first commercial fishing business? If so, you could receive funding up to a maximum of $25,000. Additional funding of up to $25,000 may be provided if you are a fisher less than 45 years of age.

You must:

  • Live in Quebec
  • Fish commercially
  • Be registered with the Bureau d'accréditation des pêcheurs et des aides-pêcheurs

Other conditions apply.

Support for Self-Employment

Emploi Québec

You could get financial assistance and expert advice to start your own business or create your own job.

Eligible projects must:

  • Be viable
  • Meet a local need
  • Not create unfair competition

You may be eligible for assistance if one of the following situations apply:

  • You are receiving employment insurance benefits.
  • You are receiving social assistance.
  • You are unemployed and not receiving government income support.
  • You are working, but your job is at risk.

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.

Young Volunteers

Emploi Québec

If you are between 16 and 29 years old, you can leverage the expertise offered by local resources. Benefit from support monitoring and validation of your entrepreneurial skills, and reimbursement of costs associated with exploring a business project.

To qualify you must:

  • Have difficulty obtaining employment
  • Devote at least 20 hours per week to your project
  • Work no more than 20 hours per week at a job
  • Not be a full time student

Other conditions apply.

5. 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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