1. Loan guarantees
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 $50,000 to $500,000 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.
Learn more
Find contacts
Local investment fund (LIF)
Ministère de l'Économie et de l'Innovation
WARNING!
A SIX-MONTH MORATORY HAS BEEN ESTABLISHED FOR THE REPAYMENT (CAPITAL AND INTEREST) OF THE LOANS ALREADY GRANTED BY THE INTERMEDIARY OF THE FLI. THIS MORATORY MAY BE EXTENDED BY SIX MONTHS FROM OCTOBRE 1ST, 2020.
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.
Learn more
(in French only)
Find contacts
(in French only)
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.
Learn more
Find contacts
(in French only)
Concerted Temporary Action Program for Businesses (CTAPB)
Ministère de l'Économie et de l'Innovation
Eligible businesses, including cooperatives, non-profit organizations and social economy businesses engaged in commercial activities, could benefit from financial support of at least $50,000 in a loan and loan guarantee to make up for cash flow shortages related to COVID-19 due to:
-
a supply problem for raw materials or products;
- the inability to deliver or a reduction in delivery capacity for products and services.
The main terms and processes for receiving this aid are presented on the Investissement Québec website.
Eligible companies that want more information or to avail themselves of this funding can call 1 844 474-6367 or the phone number for their regional office.
NOTE : A new component has been added to this program for companies in the red zone : ABRUMA
Some conditions apply.
Learn more
(in French only)
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.
Learn more
Financing program for cultural businesses
Société de développement des entreprises culturelles (SODEC)
You could get a term loan, credit, loan guarantee or equity investment to cover the operational, growth or rehabilitation costs of your cultural or communications business.
Your business must:
- Have a head office located in Quebec
- Have been engaged in commercial activities for at least one year or operate in a niche business with no known competition
- Submit a financing project that demonstrates profitability
- Have the resources needed to fulfill all your financial obligations
Other conditions apply.
Learn more
(in French only)
Fonds d'aide à l'économie de Lac-Mégantic
Ministère de l'Économie 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.
Learn more
(in French only)
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.
Learn more
(in French only)
Find contacts
(in French only)
Fonds de diversification économique du Centre-du-Québec et de la Mauricie
Ministère de l'Économie 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.
Learn more
(in French only)
Fonds de diversification économique — MRC des Sources
Ministère de l'Économie 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.
Learn more
(in French only)
2. Equity investments
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.
Learn more
(in French only)
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.
Learn more
Find contacts
(in French only)
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.
Learn more
Find contacts
Canada Media Fund
Canada Media Fund
If you are involved in the Canadian television or digital media industries, you may be eligible for funding. You can browse through a variety of programs that can help you create and promote software applications and other creative media.
There are two streams:
- Experimental – for digital media content and application software that is innovative and interactive
- Convergent – for convergent television and rich, interactive digital media content; support is given to production in all regions of Canada, and to underrepresented genres
Conditions apply.
Learn more
Find contacts
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.
Learn more
Financing program for cultural businesses
Société de développement des entreprises culturelles (SODEC)
You could get a term loan, credit, loan guarantee or equity investment to cover the operational, growth or rehabilitation costs of your cultural or communications business.
Your business must:
- Have a head office located in Quebec
- Have been engaged in commercial activities for at least one year or operate in a niche business with no known competition
- Submit a financing project that demonstrates profitability
- Have the resources needed to fulfill all your financial obligations
Other conditions apply.
Learn more
(in French only)
Fonds Innovexport
Le Fonds Innovexport
You could receive up to $3 million in funding for an innovative project that aims to export products or services that meet a market need.
You must:
- Have a corporate structure that is conducive to investment
- Have a realistic goal of profitability
- Be supported by an incubator, accelerator, or expert panel
Businesses in the following industries are NOT eligible for the program:
- Agriculture, forestry, and mining operations (except applied technologies)
- Biotechnology, construction, property management, and retail
Other conditions apply.
Learn more
Form(s)
Fonds d'aide à l'économie de Lac-Mégantic
Ministère de l'Économie 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.
Learn more
(in French only)
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.
Learn more
(in French only)
Find contacts
(in French only)
Fonds de diversification économique du Centre-du-Québec et de la Mauricie
Ministère de l'Économie 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.
Learn more
(in French only)
Fonds de diversification économique — MRC des Sources
Ministère de l'Économie 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.
Learn more
(in French only)
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.
Learn more
Industrial, Clean and Energy Technology (ICE) Venture Fund
Business Development Bank of Canada
Access venture capital financing from BDC if your business is at start-up or development stages.
The fund targets the following technology sectors:
- Advanced materials
- AI and machine learning
- Autonomous systems and robotics
- Big data and analytics
- Next-gen and cloud computing
- Energy-efficient lighting
- Industrial IT
- Intelligent systems and buildings
- Internet of things
- Oil and gas
- Smart grid and energy solutions
- Water
Other conditions apply.
Learn more
National Bank SME Growth Fund
National Bank
National Bank offers an investment from $500,000 to $15 million to eligible Quebec SMEs for projects for growth (digital transformation, expansion, innovation, etc.), transfer or purchase (merger or acquisition).
Eligibility criteria:
- Assets of under $200 million or net assets of under $100 million
- Competent managers with a business plan and structured project
- Growth prospects
- Closely held company and suitable capital structure
- Profitable for two of the last three years or sustained, significant sales growth during that period
Some conditions apply.
Learn more
Programme BioMed Propulsion
Investissement Québec
Your life science business, specifically in the fields of human or animal health or medical biotechnology, could benefit from an equity loan of up to $10 million to help it commercialize the results of its research.
The business must:
- Secure new capital from private investors in the form of shares representing three times the amount of financial assistance requested
- Have its head office and the majority of positions in Quebec
Other conditions apply.
Learn more
(in French only)
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
Learn more
Find contacts
Women in Technology Venture Fund
Business Development Bank of Canada
You could benefit from private equity for a fast-growing technology company founded by women or having women on the executive team,
- Companies must raise a minimum of $1 million in equity at the seed stage and up to $10 million at the growth stage.
- Executives must be in their role for a minimum of one year.
Other conditions apply.
Learn more
3. Municipal programs (Montréal)
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.
Learn more
Find contacts
Le Fonds YUL / 375 idées
Jeune Chambre de commerce de Montréal (JCCM)
Are you a Montreal entrepreneur aged 18 to 40? If so, you may receive a $7,500 loan at a rate of 2,95% 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 $7,500 on Quebec's La Ruche platform since September 1, 2019
- Demonstrate your project's viability and profit potential
Other conditions apply.
Learn more
Find contacts
Form(s)
(in French only)
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.
Learn more
(in French only)
Retail Business Consolidation Fund
City of Montreal
Through PME MTL, the Ville de Montréal is providing eligible commercial enterprises with grants of up to $10,000, or 75% of the total cost of their business project.
Eligibility requirements (non-exhaustive):
- Be a business establishment in Montréal.
- Demonstrate that access to your business is closed due to COVID-19.
- Provide at least 10% in the total project cost.
- Be majority-owned by Canadian citizens or permanent residents.
- Have a business project that falls under NAICS sectors 44 or 45 or sub-sectors 722 or 812.
Specific documents are required for the review of the funding request.
Conditions apply.
Learn more
(in French only)
Find contacts
4. Loans and cash advances
BDC Xpansion Loan
Business Development Bank of Canada
If you are looking to expand into new domestic or foreign markets, this loan could provide you with funding to:
- Invest in technology or develop new products
- Launch a new marketing campaign
- Purchase licenses, patents or trademarks
- Hire and train additional employees
- Obtain a certification
Conditions apply.
Learn more
Find contacts
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.
Learn more
Find contacts
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.
Learn more
Find contacts
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.
Learn more
Find contacts
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.
Learn more
(in French only)
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 $50,000 to $500,000 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.
Learn more
Find contacts
Local investment fund (LIF)
Ministère de l'Économie et de l'Innovation
WARNING!
A SIX-MONTH MORATORY HAS BEEN ESTABLISHED FOR THE REPAYMENT (CAPITAL AND INTEREST) OF THE LOANS ALREADY GRANTED BY THE INTERMEDIARY OF THE FLI. THIS MORATORY MAY BE EXTENDED BY SIX MONTHS FROM OCTOBRE 1ST, 2020.
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.
Learn more
(in French only)
Find contacts
(in French only)
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.
Learn more
Find contacts
(in French only)
BDC Indigenous Entrepreneur Loan
Business Development Bank of Canada
As an Indigenous entrepreneur, you could get up to $350,000 to start a business or 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
Conditions apply.
Learn more
Find contacts
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.
Learn more
Find contacts
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 48 hours from the time of approval, 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.
Learn more
Find contacts
Canada Media Fund
Canada Media Fund
If you are involved in the Canadian television or digital media industries, you may be eligible for funding. You can browse through a variety of programs that can help you create and promote software applications and other creative media.
There are two streams:
- Experimental – for digital media content and application software that is innovative and interactive
- Convergent – for convergent television and rich, interactive digital media content; support is given to production in all regions of Canada, and to underrepresented genres
Conditions apply.
Learn more
Find contacts
Concerted Temporary Action Program for Businesses (CTAPB)
Ministère de l'Économie et de l'Innovation
Eligible businesses, including cooperatives, non-profit organizations and social economy businesses engaged in commercial activities, could benefit from financial support of at least $50,000 in a loan and loan guarantee to make up for cash flow shortages related to COVID-19 due to:
-
a supply problem for raw materials or products;
- the inability to deliver or a reduction in delivery capacity for products and services.
The main terms and processes for receiving this aid are presented on the Investissement Québec website.
Eligible companies that want more information or to avail themselves of this funding can call 1 844 474-6367 or the phone number for their regional office.
NOTE : A new component has been added to this program for companies in the red zone : ABRUMA
Some conditions apply.
Learn more
(in French only)
FCC Advancer
Farm Credit Canada
If you are a Canadian agri-food or agricultural entrepreneur with a growing operation, you could be eligible for an FCC Advancer.
Some of the benefits:
- Funds readvanced with no paperwork;
- Lower payments than with a regular loan;
- Ability to set your own interest rate.
Loan features:
-
Renewable, pre-approved loan;
- Open variable rate;
- Ongoing re-advance of funds;
- Ability to make only interest payments;
- Guarantee negotiated in advance.
Some conditions apply.
Learn more
Find contacts
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.
Other benefits:
- capital leave of 6 to 12 months;
- 5 year term;
- preferential rate of 3 %;
- personal and other guarantees.
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:
- 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, Brome-Missisquoi or Rouville region of Quebec
Other conditions apply.
Learn more
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.
Learn more
Financing for sustainable agri-food businesses
Fondaction
You could benefit from financing and support for projects designed to grow and develop your agribusiness through innovation
To be eligible, you must:
- Demonstrate the skills and experience of your management team
- Ensure that the majority of jobs are created in Quebec
- Establish the sustainability and profitability of the project
- Illustrate the potential for social and environmental benefits
You could benefit from:
- Progressive repayment schedules based on the implementation of your business plan
- Diagnostics
- Matchmaking-coaching meetings
- Financial advice
Other conditions apply.
Learn more
(in French only)
Find contacts
(in French only)
Financing program for cultural businesses
Société de développement des entreprises culturelles (SODEC)
You could get a term loan, credit, loan guarantee or equity investment to cover the operational, growth or rehabilitation costs of your cultural or communications business.
Your business must:
- Have a head office located in Quebec
- Have been engaged in commercial activities for at least one year or operate in a niche business with no known competition
- Submit a financing project that demonstrates profitability
- Have the resources needed to fulfill all your financial obligations
Other conditions apply.
Learn more
(in French only)
Fonds d'aide à l'économie de Lac-Mégantic
Ministère de l'Économie 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.
Learn more
(in French only)
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.
Learn more
(in French only)
Find contacts
(in French only)
Fonds de diversification économique du Centre-du-Québec et de la Mauricie
Ministère de l'Économie 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.
Learn more
(in French only)
Fonds de diversification économique — MRC des Sources
Ministère de l'Économie 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.
Learn more
(in French only)
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.
Learn more
Innovative Manufacturer Financing
Investissement Québec
See how your Quebec manufacturing business can benefit from a term loan of up to $250,000 to cover up to 100% of project costs, such as:
- Consultation fees to initiate an innovation process
- Working capital expenditures to support the commercialization of a new innovative product or the hiring of experts
You must have:
- Been in operation for at least 3 years
- Sales figures of $2 million or more
- At least 15 employees
- A sound financial and operational structure
Other conditions apply.
Learn more
Le Fonds YUL / 375 idées
Jeune Chambre de commerce de Montréal (JCCM)
Are you a Montreal entrepreneur aged 18 to 40? If so, you may receive a $7,500 loan at a rate of 2,95% 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 $7,500 on Quebec's La Ruche platform since September 1, 2019
- Demonstrate your project's viability and profit potential
Other conditions apply.
Learn more
Find contacts
Form(s)
(in French only)
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.
Learn more
(in French only)
Relief measures for Indigenous businesses
Government of Canada
The Government of Canada, through Aboriginal Financial Institutions, will provide financing in the form of short-term, interest-free and non-repayable contributions to First Nations, Inuit and Métis businesses.
Assistance of up to $60,000 will be available as:
- an interest-free loan of up to $40,000;
- a non-repayable contribution of up to $20,000.
For more information, contact your Aboriginal Financial Institution.
Some conditions apply.
Learn more
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
Learn more
Find contacts
5. Tax refunds and credits
Tax Credit for Salaries and Wages (R&D)
Investissement Québec
You could benefit from a tax credit rate of 14% to 30% of your payroll, if your business:
- Performs or contracts out scientific research and experimental development (SR&ED) work
- Performs R&D work in Quebec
- Is neither exempt from taxes, nor controlled by an incorporated business exempt from taxes
- Is not an incorporated business controlled by a prescribed research entity
An eligible biopharmaceutical company that has a certificate issued by Investissement Québec before June 4, 2014 could benefit from a reduced rate.
Other conditions apply.
Learn more
(in French only)
Find contacts
Form(s)
(in French only)
Soft Landing program
Canadian Digital Media Network
Are you ready to introduce your ICT product or service to international markets? If you have existing revenues and are a client of the Canadian Digital Media Network's hub partners, you could be eligible for reimbursements of:
- Up to $4,000 towards transportation and accommodation costs
- Up to 3 months of desk space at a co-working location, accelerator or incubator
To be eligible, your ICT product or service must be market ready and there must be potential for growth in foreign markets.
Other conditions apply.
Learn more
Find contacts
Tax credit for multimedia event or environment productions sponsored outside Quebec
Société de développement des entreprises culturelles (SODEC)
You could get a tax credit to cover eligible labour costs and production expenses to help you showcase your multimedia projects outside Quebec.
You must:
- Provide an informative and cultural experience for entertainment purposes, not for advertising purposes
- Showcase your production in a place of entertainment based outside Quebec
- Comply with a scoring grid for Quebec-based employees who hold a creative position in the production of the event
Other conditions apply.
Learn more
(in French only)
Find contacts
(in French only)
Tax holiday for a new business created to commercialize a given intellectual property
Ministère de l'Économie et de l'Innovation
Did you set up a new business to commercialize your intellectual property before April 1, 2014? If so, you could benefit from this tax relief measure for a period of up to 10 years.
To be eligible:
- The intellectual property must come from a university or public research centre
- All your revenue must be associated with its commercial use
- You must hold a certificate issued by the department
Other conditions apply.
Learn more
(in French only)
6. 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.
Learn more
Find contacts
Canada Feature Film Fund
Telefilm Canada
If your film production business is a Canadian-owned and controlled corporation, you may be eligible for financial assistance.
Funding is available through a variety of programs, including the following:
- Development Program
- Production Program
- Theatrical Documentary Program
- Marketing Program
- International Festivals and Events Support Program
Various Canadian content conditions apply. See the website for financing details. You may submit your application online at any time during Telefilm's fiscal year.
Learn more
Find contacts
Canada Periodical Fund
Canadian Heritage
If you publish a Canadian magazine in print or in digital format, or a non-daily Canadian newspaper, you could get money to help you produce and distribute it.
Your company needs to be:
- Located in Canada
- Registered or incorporated in Canada
- Owned and controlled, in majority, by Canadians
You can apply to the “Aid for publishers” stream, the “Business Innovation” stream or the "Collective Initiatives" stream. Funding will depend on which one you choose.
Other conditions apply.
See the separate applicant guides for details.
Learn more
Canadian International Innovation Program
Global Affairs Canada
If you are a for-profit Canadian business looking to collaborate with a foreign partner in Brazil, China, India, Israel or South Korea, you could get up to 50% of the costs associated with the commercialization of your innovation, including development, adaptation and validation of technology.
To qualify, you must have a project that:
- Could be a commercial success
- Is technologically feasible
- Is for non-military purposes
Other conditions apply.
Learn more
Clean Tech 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.
Learn more
Find contacts
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.
Learn more
Find contacts
MUSICACTION
MUSICACTION
As a French-language songwriter, composer, artist, or recording business owner, you may be eligible for financing to help pay for:
- Recordings and production
- Artistic development
- Marketing and promotion
- Domestic and international business development
Financing amounts range, depending on the activity.
Learn more
(in French only)
Find contacts
(in French only)
Form(s)
(in French only)
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.
Learn more
Find contacts
NRC Industrial Research Assistance Program
National Research Council Canada
Your small or medium-sized business could grow stronger, faster and bigger through innovation and technology. You could receive customized technical and business advice as well as non-repayable financial contributions to help you:
- Research, develop and commercialize new technologies
- Accelerate the adoption and adaptation of these technologies
To qualify, your business in Canada must:
- Be incorporated and profit-oriented
- Have 500 or fewer full-time equivalent employees
- Show the ability to grow and generate profits
Other conditions apply.
Learn more
Find contacts
Networks of Centres of Excellence
Government of Canada
Explore various funds available for your R&D activities, especially in the areas of engineering, health, and natural, social and biomedical science.
If your work responds to current research and innovation needs, there is a range of multi-stage competitions that are scheduled as funding becomes available. The programs address the needs that are specific to the different stages of the innovation process.
Application deadlines vary.
Learn more
Find contacts
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
Learn more
Find contacts
Aboriginal Business Financing 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 an equity of minimum 10% of the cost of the project
- 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.
Learn more
Aboriginal Initiatives Fund III
Secrétariat aux affaires autochtones
If you run an eligible Aboriginal 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 Aboriginal 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.
Learn more
Find contacts
AgriInnovate Program
Agriculture and Agri-Food Canada
Looking to fund your innovative agri-food or agri-based product or technology? You may be eligible for up to 50% of eligible project costs to a maximum of $10 million.
Eligible activities include: commercialization, adoption or demonstration of innovative products, technologies, processes and services.
Examples of these activities may include:
- Expansion or modernization of a facility or site
- Purchase and installation of equipment
- Training and development of staff
- Marketing activities
Other conditions apply.
Learn more
Business Assistance — Immigrant Investor Program
Investissement Québec
You could benefit from a non-repayable financial contribution of up to $250,000 to help pay for most growth projects, such as:
- Increasing, modernizing or improving production
- Getting certified for conforming to a standard
- Technological innovation or design
- Marketing products outside Québec
You must:
- Obtain the recommendation of an accredited financial intermediary that is recognized by Investissement Québec
- Have less than $35 million in total assets
- Submit a project with a cost of at least $300,000
Other conditions apply.
Learn more
Find contacts
CanExport program
Global Affairs Canada
You could get up to $75,000 to reimburse up to 75% of eligible expenses to promote your business in new international markets. Your for-profit business must:
- Be incorporated or a limited liability partnership
- Employ between one and 500 full-time employees
- Have an annual revenue between $100,000 and $100 million
Eligible activities include:
- Business travel
- Trade fairs
- Market research
- Marketing tools updates
Eligible expenses include travel costs, contractor or consultant fees, and legal fees.
Other conditions apply.
Learn more
Find contacts
Form(s)
Canadian Agricultural Strategic Priorities Program
Agriculture and Agri-Food Canada
Your not-for-profit organization can apply for a non-repayable contribution of up to $1 million towards the costs of an industry-led project that helps the agriculture, agri-food and agri-based products sector. The project must focus on national or sector-wide priorities that help industry address emerging issues and capitalize on opportunities.
In order to be eligible for funding, applicants must clearly demonstrate the issue that is facing the sector, how the project results will benefit it, and how it aligns with 1 or more of the 4 priority areas identified:
- Adaptation to new technology
- Environmental sustainability
- Strategic planning and capacity building
- Emerging issues
Eligible applicants are:
- Not-for-profit organizations and associations, cooperatives, marketing boards
- Indigenous groups
Learn more
Find contacts
Canadian Agriculture Partnership — AgriScience Program
Agriculture and Agri-Food Canada
If you own a not-for-profit corporation you may be eligible for non-repayable funding of at least $5 million to support:
- Pre-commercial science activities
- Research in the agriculture and agri-food sectors
You must provide a minimum of 30% of eligible costs.
Other conditions apply.
Learn more
Find contacts
Centre of Excellence in Next Generation Networks (CENGN)
Centre of Excellence in Next Generation Networks
Are you looking to accelerate the commercialization of your innovative communications technology, products, applications or services? You may be eligible for commercialization support.
Qualifying fields include:
- Software Defined Network, Network Function Virtualization, SD-WAN
- Internet of Things/Smart City Applications
- Data Centre/Cloud
- Network transport, applications, or mobility
- Security
Additional services can help commercialize, test, certify, and validate next-generation communications.
Other conditions apply.
Learn more
Engage Grants
Natural Sciences and Engineering Research Council of Canada
If your business operates in Canada, you could receive a grant of up to $25,000 when you partner with a college or university to develop valuable technology.
To qualify, your company must have:
- At least 2 full-time employees
- Been in operation for at least 2 years
You must demonstrate how the collaborative research will lead to significant economic benefit.
The grant covers a project of 6 months or less, and you could get a maximum of 2 grants per year.
Other conditions apply.
Learn more
Find contacts
Financial assistance for music production and variety programming
Société de développement des entreprises culturelles (SODEC)
You could get a grant for activities linked to the production of records or variety shows, or for the management of artists.
The program includes the following components:
- Industrial sector
- Comprehensive assistance
- Business assistance
- Management support
- Para-industrial sector — Project assistance
- Additional tour support
- Additional support for new media activities
To be eligible your business must meet both the general and specific terms and conditions of the components.
Other conditions apply.
Learn more
(in French only)
Find contacts
(in French only)
Financing program for cultural businesses
Société de développement des entreprises culturelles (SODEC)
You could get a term loan, credit, loan guarantee or equity investment to cover the operational, growth or rehabilitation costs of your cultural or communications business.
Your business must:
- Have a head office located in Quebec
- Have been engaged in commercial activities for at least one year or operate in a niche business with no known competition
- Submit a financing project that demonstrates profitability
- Have the resources needed to fulfill all your financial obligations
Other conditions apply.
Learn more
(in French only)
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.
Learn more
Find contacts
Fonds d'aide à l'économie de Lac-Mégantic
Ministère de l'Économie 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.
Learn more
(in French only)
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.
Learn more
(in French only)
Find contacts
(in French only)
Fonds de diversification économique du Centre-du-Québec et de la Mauricie
Ministère de l'Économie 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.
Learn more
(in French only)
Fonds de diversification économique — MRC des Sources
Ministère de l'Économie 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.
Learn more
(in French only)
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 and accommodation and food services sectors are not eligible.
Other conditions apply.
Learn more
(in French only)
Going Global Innovation
Global Affairs Canada
Are you a Canadian researcher from a small or medium size enterprise, university, or a non-government research centre looking to solidify an international partnership needed to commercialize your technology? If so, you could receive up to 75% of the costs associated with partnership development activities.
You will need to demonstrate that your targeted partnership would enable you to develop or improve a product or service that is technologically feasible.
Other conditions apply.
Learn more
Green infrastructure programs
Natural Resources Canada (NRCAN)
If your business plans to carry out clean energy infrastructure projects, you could get help with deployment and market entry by participating in a variety of funding programs, including:
- Electric Vehicle Infrastructure Demonstrations (EVID)
- Electric Vehicle and Alternative Fuel Infrastructure Deployment Initiative
- Smart Grids
- Energy Efficient Buildings RD&D
- Clean Energy for Rural and Remote Communities
- Emerging Renewable Power
Funding amounts vary, as do the application processes. Conditions apply.
Learn more
Growth Investment Program
La Financière agricole
Farm business owners can receive an investment grant for an agricultural project, regardless of production sector or point in the business life cycle.
The financial assistance is conditional on a loan guarantee from La Financière agricole.
The Growth Investment Program includes four components:
This program replaces the Support for Diversification and Regional Development Program and the Support for Québec Farm Business Development Program.
Some conditions apply.
Learn more
Find contacts
Form(s)
Growth Investment Program – Component 1: Growth Support
La Financière agricole
Farm business owners can receive an investment grant for an agricultural project, regardless of production sector or point in the business life cycle.
The financial assistance is conditional on a loan guarantee from La Financière agricole.
Component 1: Growth Support is available to all agricultural and agri-food businesses to finance projects related to maple syrup production. The maximum financial assistance is $30,000 on loan capital of up to $300,000.
This program replaces the Support for Diversification and Regional Development Program and the Support for Québec Farm Business Development Program.
Some conditions apply.
Learn more
Find contacts
Form(s)
Growth Investment Program – Component 2: Growth Support Plus
La Financière agricole
Farm business owners can receive an investment grant for an agricultural project, regardless of production sector or point in the business life cycle.
The financial assistance is conditional on a loan guarantee from La Financière agricole.
Component 2: Growth Support Plus is available to all agricultural and agri-food businesses to finance projects related to productions other than those under supply management and maple syrup production. The maximum financial assistance is $60,000 on loan capital of up to $600,000.
This program replaces the Support for Diversification and Regional Development Program and the Support for Québec Farm Business Development Program.
Some conditions apply.
Learn more
Find contacts
Form(s)
Growth Investment Program – Component 3: Agri-Environmental Enhancement of Cultivated Land
La Financière agricole
Farm business owners can receive an investment grant for an agricultural project, regardless of production sector or point in the business life cycle.
The financial assistance is conditional on a loan guarantee from La Financière agricole.
Component 3: Agri-Environmental Enhancement of Cultivated Land is available to all agricultural and agri-food businesses to finance projects that will enhance the value of cultivated land or on-farm agri-environmental projects. The maximum financial assistance is $20,000 on loan capital of up to $200,000.
This program replaces the Support for Diversification and Regional Development Program and the Support for Québec Farm Business Development Program.
Some conditions apply.
Learn more
Find contacts
Form(s)
Growth Investment Program – Component 4: Young Entrepreneurs
La Financière agricole
Farm business owners can receive an investment grant for an agricultural project, regardless of production sector or point in the business life cycle.
The financial assistance is conditional on a loan guarantee from La Financière agricole.
Component 4: Young Entrepreneurs is available to all farm and agri-food businesses wholly owned by persons between the ages of 18 and 40. In addition, one of these persons must have qualified for the Financial Support Program for Aspiring Farmers within the past five years. The maximum financial assistance is $45,000 on loan capital of up to $300,000.
This program replaces the Support for Diversification and Regional Development Program and the Support for Québec Farm Business Development Program.
Some conditions apply.
Learn more
Find contacts
Form(s)
Innovative Solutions Canada
Innovation, Science and Economic Development Canada
Is your business looking to come up with a novel solution to solve a specific challenge from a Government of Canada department or agency? Your business could receive up to $150,000 for the proof of concept and then, if approved, get up to $1 million to develop a prototype.
To be eligible your small business must:
- Be incorporated with a head office in Canada
- Have 499 or fewer full time employees
- Have 50% or more of employees working in Canada
- Have at least 50% of salary expenditures be on employees working in Canada
- Have 50% or more of senior executives with a principal residence in Canada
Other conditions apply.
Learn more
Investments in Forest Industry Transformation
Natural Resources Canada (NRCAN)
Has your business developed highly innovative or first-in-kind technologies that could help Canada's forest industry become more competitive or sustainable? If so, you could get a non-repayable contribution of up to 50% of the project's costs to demonstrate the technology at the pilot or commercial scale.
Eligible costs include:
- Capital expenses, materials, and supplies
- Salaries and professional fees
- Travel and training
Costs associated with the production or export of softwood lumber are not eligible.
Other conditions apply.
Learn more
Programme Exportation — Volet Entreprises
Ministère de l'Économie et de l'Innovation
Want to increase your business opportunities? You could get financial assistance to cover up to 40% of eligible expenses, to:
- Hire an export specialist
- Develop an international business plan
- Exhibit at a trade show
Businesses in the following sectors are excluded:
- Personal services
- Accommodation and food services
- Performing arts, entertainment and recreation
- Agriculture, forestry, fishing and hunting, mining, quarrying, and oil and gas extraction
Other conditions apply.
Learn more
(in French only)
Find contacts
(in French only)
Programme Technoclimat
Transition énergétique Québec
Do you have innovative technology projects related to energy efficiency, renewable energies, bioenergies or GHG emissions reduction? If so, you could benefit from financial assistance.
The project must:
- Focus on a pre-commercialized technological innovation (level of technological readiness 4 to 7) that is not available in the Quebec market
- Be carried out in Quebec
- Have strong market potential
- Include measurement activities
Other conditions apply.
Learn more
(in French only)
Find contacts
Form(s)
(in French only)
Programme d'aide à l'adaptation numérique des entreprises de la presse d'information écrite
Ministère de la Culture et des Communications
Are you looking to adapt your print media business to the digital environment and new practices? If so, you may be eligible for funding.
Projects must target:
- Development of innovative strategies in marketing, creation or monetization of press content on matters of current general interest
- Innovation and experimentation in print media
Total funding may cover up to 50% of eligible expenses.
Other conditions apply.
Learn more
(in French only)
Find contacts
(in French only)
Programme d'appui au positionnement des alcools québécois dans le réseau de la SAQ
Ministère des Finances
Do you own a business that produces alcohol, such as fortified or non-fortified wine, cider or mead? You may qualify for a non-repayable government grant of up to $400,000 based on eligible retail sales.
You must:
- Hold an artisanal production permit issed by the Régie des alcools, des courses et des jeux
- Have made sales in the SAQ distribution network
Products considered "regular" by the SAQ are not eligible.
Other conditions apply.
Learn more
(in French only)
Find contacts
Quantum Leap
CQDM — Quebec Consortium for Drug Discovery
If you have a business in the biopharmaceutical industry, you may be eligible for funding to advance the discovery of preventative or remedial drugs.
Projects must last between 1 and 3 years and generally have a budget between $500,000 and $1,200,000.
The funding may come in the form of a grant or an equity investment.
You may be required to meet with the appropriate officials during the application process.
Other conditions apply.
Learn more
Find contacts
Regional Economic Growth through Innovation — CED
Canada Economic Development for Quebec Regions
Your Quebec organization could be eligible for a contribution to fund growth, or to help create and nurture inclusive regional ecosystems that support business needs and foster innovation, growth and competitiveness.
Funding is available in 2 streams:
- Business scale-up and productivity — expand your business, adopt and commercialize innovative technologies and processes, and diversify your markets.
- Regional innovation ecosystems (not-for-profits) — enhance business support networks, as well as regional strategic clusters, accelerators and incubators, and projects that attract foreign investments.
Other conditions apply.
Learn more
Find contacts
Form(s)
Relief measures for Indigenous businesses
Government of Canada
The Government of Canada, through Aboriginal Financial Institutions, will provide financing in the form of short-term, interest-free and non-repayable contributions to First Nations, Inuit and Métis businesses.
Assistance of up to $60,000 will be available as:
- an interest-free loan of up to $40,000;
- a non-repayable contribution of up to $20,000.
For more information, contact your Aboriginal Financial Institution.
Some conditions apply.
Learn more
Retail Business Consolidation Fund
City of Montreal
Through PME MTL, the Ville de Montréal is providing eligible commercial enterprises with grants of up to $10,000, or 75% of the total cost of their business project.
Eligibility requirements (non-exhaustive):
- Be a business establishment in Montréal.
- Demonstrate that access to your business is closed due to COVID-19.
- Provide at least 10% in the total project cost.
- Be majority-owned by Canadian citizens or permanent residents.
- Have a business project that falls under NAICS sectors 44 or 45 or sub-sectors 722 or 812.
Specific documents are required for the review of the funding request.
Conditions apply.
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(in French only)
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Strategic Innovation Fund — Stream 4
Innovation, Science and Economic Development Canada
If your organization operates in the health and biosciences sector, you could be eligible for a non-repayable financial contribution for a large-scale project that advances industrial research, development and technology demonstration.
To be eligible, you must:
- Partner with at least one academic organization to form a consortium (for corporations) or a network (for non-profits supporting businesses in more than one region)
- Clearly describe the anticipated innovation, economic or public benefits of your project/proposal
Other conditions apply.
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Strategic Innovation Fund — Streams 1, 2 and 3
Innovation, Science and Economic Development Canada
Your for-profit organization could be eligible for a financial contribution to enhance productivity and support R&D, investment, and growth.
You may submit an application for funding in one of 3 project streams:
- R&D to accelerate technology transfer and commercialization of innovative products, processes and services
- Firm expansion and growth within Canada
- Attraction of large-scale high-quality investments and reinvestments to Canada
Applications for streams 1 to 3 are accepted on a continuing basis. There are no submission deadlines.
Conditions apply.
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Form(s)
Vitrine technologique — Pré-commercialisation de l'innovation
Ville de Québec
If the head office of your business is located in the greater Quebec City area, you could benefit from a non-refundable contribution of up to $250,000 to cover 50% of eligible expenses.
Your project must take the form of a pilot project or a showcase to test or validate an innovative process or product within the operations of the City of Quebec or another organization elsewhere.
Eligible organizations include:
- Incorporated private businesses
- Social enterprises involved primarily in business transaction activities.
Other conditions apply.
Learn more
(in French only)
Form(s)
(in French only)
7. 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.