Small Business Financing in Quebec: A Comprehensive Guide
Small business financing in Quebec is a crucial element for entrepreneurs seeking to start, grow, or sustain their businesses in the province. Whether you're launching a new project or expanding an existing business, having access to the right financing options can make all the difference. Quebec offers a wide range of funding solutions, including loans, government grants, and specialized financial assistance programs aimed at helping businesses succeed in various industries. These options not only provide the necessary capital but also promote innovation, economic development, and job creation.

Ville de La Tuque — RRF stream 2 - Support for local and regional development skills
- Maximum amount : 25,000 $
- Up to 50% of project cost
- Agriculture, forestry, fishing and hunting
- Manufacturing
- Retail trade
- Professional, scientific and technical services

MTRIC — PARTENAR-IA — Academic
- Maximum amount : 1,500,000 $
- Up to 35% of project cost
- Mining, quarrying, and oil and gas extraction
- Manufacturing

MRC Collines-de-l'Outaouais — FRR Stream 2
- Up to 80% of project cost
- Arts, entertainment and recreation

MRC La Matanie — Grant and Sponsorship Program
- Maximum amount : 250,000 $
- Retail trade
- Arts, entertainment and recreation
- Accommodation and food services
- Other services (except public administration)

MRC L'Islet — SME Propulsion Measurement
- From $3,000 to $25,000
- Up to 35% of project cost
- Manufacturing
- Accommodation and food services

MRC Bellechasse — Social Economy Enterprise Development Fund (FDEÉS)
- Maximum amount : 50,000 $
- Up to 80% of project cost
- Health care and social assistance

MRC La Vallée-de-l’Or — Regions and Rurality Fund – Component 3 – Market Gardening Program
- Maximum amount : 150,000 $
- Up to 50% of project cost
- Agriculture, forestry, fishing and hunting

MRC Fjord-du-Saguenay — Development Optimisation Fund
- From $2,000 to $3,000
- Up to 50% of project cost
- Agriculture, forestry, fishing and hunting
- Mining, quarrying, and oil and gas extraction
- Manufacturing
- Wholesale trade

Support program for the development of reserved designations and promotional terms — Component 2
- Minimum amount : 5,000 $
- Up to 75% of project cost
- Agriculture, forestry, fishing and hunting

MRC Caniapiscau — FDE
- Up to 50% of project cost
- Agriculture, forestry, fishing and hunting
- Mining, quarrying, and oil and gas extraction
- Manufacturing
- Information and cultural industries

MRC La Matanie — Local Investment Funds
- Maximum amount : 250,000 $
- Retail trade
- Accommodation and food services
- Other services (except public administration)
- Public administration

Musicaction — Skills development
- Maximum amount : 75,000 $
- Up to 75% of project cost
- Arts, entertainment and recreation

MRC Kamouraska — Regional Outreach Support Program (FRR-1)
- Maximum amount : 50,000 $
- Up to 50% of project cost
- Accommodation and food services

Support program for economic development projects (PAPDE) — Component 1 : Supporting the development of entrepreneurship
- Maximum amount : 1,000,000 $
- Up to 60% of project cost
- All industries

MRC Marguerite-D'Youville — Business Support Fund – Stream 2
- Maximum amount : 10,000 $
- Up to 20% of project cost
- Health care and social assistance
- Other services (except public administration)
- Public administration

MRC Portneuf — Capitale-Nationale Region Fund (FRCN)
- Maximum amount : 100,000 $
- Up to 50% of project cost
- Agriculture, forestry, fishing and hunting
- Manufacturing
- Information and cultural industries
- Administrative and support, waste management and remediation services

MRC La Jacques-Cartier — Capitale-Nationale Region Fund
- Maximum amount : 1,000,000 $
- Up to 50% of project cost
- Agriculture, forestry, fishing and hunting

Open Innovation Subsidy Program for start-up companies
- Maximum amount : 50,000 $
- Up to 50% of project cost
- Transportation and warehousing
- Information and cultural industries
- Health care and social assistance
- Accommodation and food services

MRC Kamouraska — Support Program for Innovative Projects for Cultural Development and Community Animation
- Maximum amount : 4,000 $
- Arts, entertainment and recreation

Fund to stimulate international business tourism – Stream 1 - Produce a bid book or business plan
- From $5,000 to $200,000
- Up to 50% of project cost
- Arts, entertainment and recreation

- Maximum amount : 500,000 $
- Up to 50% of project cost
- All industries

MRC de Mékinac — FRR Stream 4
- Maximum amount : 100,000 $
- Up to 50% of project cost
- Retail trade
- Educational services
- Health care and social assistance
- Arts, entertainment and recreation

MRC Nicolet-Yamaska — Regional development fund (FRR volet 2)
- No Condition
- All industries

PME MTL — Subsidies to support social economy initiatives
- From $5,000 to $50,000
- Up to 80% of project cost
- All industries

MRC Papineau — Digital Transformation and Development Fund (FADN)
- Maximum amount : 5,000 $
- Up to 50% of project cost
- Information and cultural industries
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Productivity - Small commercial companies
- From $15,000 to $25,000
- Up to 35% of project cost
- All industries

MRC L'Islet — Local Services Development Fund
- Maximum amount : 25,000 $
- Up to 50% of project cost
- Retail trade
- Educational services
- Health care and social assistance

MRC La Matanie — Community Development Program - Special Collaborations Stream
- Maximum amount : 250,000 $
- Retail trade
- Accommodation and food services
- Other services (except public administration)
- Public administration

Regions and Rurality Fund (RRF) - Component 2 - Support for local and regional development skills
- No Condition
- All industries

Innovation in Quantum Technologies — Stream 1
- Maximum amount : 150,000 $
- Up to 50% of project cost
- Professional, scientific and technical services

MRC Bécancour — Social Economy Fund (SEF)
- No Condition
- Manufacturing
- Retail trade
- Other services (except public administration)
- Public administration

MRC Charlevoix-Est — Business Support
- Maximum amount : 150,000 $
- Up to 50% of project cost
- All industries

Musicaction — Canvassing
- Maximum amount : 10,000 $
- Up to 50% of project cost
- Arts, entertainment and recreation

PME MTL — New Community Businesses
- From $23,000 to $23,000
- All industries

MRC Nicolet-Yamaska — Signature project (FRR part 3)
- No Condition
- Agriculture, forestry, fishing and hunting

PME MTL — Funds for Retail businesses
- Maximum amount : 25,000 $
- Up to 80% of project cost
- Retail trade

Rio Tinto Aluminium Valley Fund
- Maximum amount : 25,000 $
- Up to 50% of project cost
- Manufacturing

MRC Maskinongé — Programme DÉPART
- No Condition
- All industries

Developing a green alley or public space in CDN-NDG
- No Condition
- Other services (except public administration)
- Public administration

Sustainable Growth Investment — Young Entrepreneurs
- Maximum amount : 45,000 $
- Agriculture, forestry, fishing and hunting

Musicaction — Incubator project
- No Condition
- Arts, entertainment and recreation

Collaborative Industrial Research and Support to Innovative Entrepreneurship — Stream 2
- Maximum amount : 350,000 $
- Up to 30% of project cost
- Manufacturing
- Information and cultural industries
- Professional, scientific and technical services

innovÉÉ — PARTENAR-IA — Industry
- Maximum amount : 1,500,000 $
- Up to 35% of project cost
- Agriculture, forestry, fishing and hunting
- Mining, quarrying, and oil and gas extraction
- Construction
- Manufacturing

Support Policy For Businesses
- Maximum amount : 40,000 $
- Up to 80% of project cost
- Manufacturing
- Professional, scientific and technical services
- Arts, entertainment and recreation
- Accommodation and food services

Tremplin Grant – Indigenous Arts
- Maximum amount : 3,000 $
- Up to 100% of project cost
- Arts, entertainment and recreation

CMF-SODEC — Predevelopment Program for Television Series Based on Literary Adaptations
- Maximum amount : 50,000 $
- Up to 75% of project cost
- Information and cultural industries

Podium Mines
- From $20,000 to $50,000
- Mining, quarrying, and oil and gas extraction
- Manufacturing

Program to support the processing of end-of-life tires through reuse, recycling and energy recovery, as well as out-of-province processing.
- No Condition
- Administrative and support, waste management and remediation services

MEDTEQ+ — PARTENAR-IA — Academic
- Maximum amount : 1,500,000 $
- Up to 35% of project cost
- Transportation and warehousing
- Health care and social assistance

Val-Saint-François — Eco-responsible fund
- From $500 to $5,000
- Up to 75% of project cost
- Other services (except public administration)
- Public administration
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CQRDA — PARTENAR-IA — Business
- Maximum amount : 1,500,000 $
- Up to 50% of project cost
- Agriculture, forestry, fishing and hunting
- Mining, quarrying, and oil and gas extraction
- Construction
- Manufacturing

PME MTL — Social Initiatives
- From $5,000 to $50,000
- All industries

Honorific grants 2024 — Entreprendre ici
- Maximum amount : 25,000 $
- All industries

Capitalization of Social Economy Enterprises (CAES) — Stream 1
- From $25,000 to $1,000,000
- Up to 35% of project cost
- Other services (except public administration)
- Public administration

INNOGEC
- No Condition
- All industries

PRIMA — INNOV-R SME
- Maximum amount : 450,000 $
- Up to 50% of project cost
- Utilities
- Manufacturing
- Transportation and warehousing
- Professional, scientific and technical services

MRC Beauce-Centre — E-commerce assistance program
- Maximum amount : 10,000 $
- Up to 50% of project cost
- Retail trade
- Other services (except public administration)
- Public administration

Évolution-Compétences — Innovation and knowledge component
- Up to 100% of project cost
- All industries

Musicaction — Artist career, skills and business development
- Maximum amount : 100,000 $
- Up to 50% of project cost
- Arts, entertainment and recreation

Revitalising and developing business establishments in the city centre
- Maximum amount : 30,000 $
- Up to 50% of project cost
- Retail trade

Programme d’appui au développement des secteurs stratégiques et des créneaux d’excellence (PADS)
- Maximum amount : 1,500,000 $
- Up to 50% of project cost
- Manufacturing

Financial assistance program for regional service units in the areas of recreation, sports, outdoor activities, and physical activity (PAFURS)
- Up to 100% of project cost
- Educational services
- Arts, entertainment and recreation

MAPAQ — Ministerial Initiative for Plant Productivity
- From $5,000 to $50,000
- Up to 45% of project cost
- Agriculture, forestry, fishing and hunting

EPRTNT — Digital development of a company
- From $10,000 to $30,000
- Up to 30% of project cost
- Accommodation and food services

CQDM — PARTENAR-IA — Industry
- Maximum amount : 1,500,000 $
- Up to 35% of project cost
- All industries

Musicaction — International Commercialization – Stream 2 - Career development in a target market
- Maximum amount : 50,000 $
- Up to 50% of project cost
- Arts, entertainment and recreation

Aero Montreal — Accelerator 360°
- Up to 63% of project cost
- Manufacturing
- Transportation and warehousing

Official Languages Economic Development Initiative in Quebec — Not-for-profit
- Up to 50% of project cost
- Other services (except public administration)
- Public administration

MTRIC — Start Program
- Maximum amount : 10,000 $
- Up to 70% of project cost
- Manufacturing

Ville de La Tuque — RRF stream 4 - Support for vitality
- Maximum amount : 100,000 $
- Up to 50% of project cost
- Agriculture, forestry, fishing and hunting
- Retail trade
- Accommodation and food services
- Other services (except public administration)

CQRDA — PARTENAR-IA — Academic
- Maximum amount : 1,500,000 $
- Up to 40% of project cost
- Manufacturing
- Professional, scientific and technical services

innovÉÉ — Demonstration in a real environment
- Maximum amount : 350,000 $
- Up to 50% of project cost
- Transportation and warehousing

Transal — Alu 4.0, Digital Locomotive
- Maximum amount : 400,000 $
- Up to 46.3% of project cost
- Manufacturing

Transal — Consortium TIC
- Up to 15% of project cost
- Manufacturing

SODEC — Support for entrepreneurial development — Stream 1
- Maximum amount : 75,000 $
- Up to 50% of project cost
- Information and cultural industries

Enbridge Gas Quebec — Cash incentives – Effective renovation
- No Condition
- Retail trade
- Accommodation and food services
- Other services (except public administration)
- Public administration

PROMPT — PARTENAR-IA
- Maximum amount : 1,500,000 $
- Up to 50% of project cost
- Professional, scientific and technical services
- Educational services
- Health care and social assistance

PRIMA — PARTENAR-IA — Academic
- Maximum amount : 500,000 $
- Up to 50% of project cost
- Manufacturing

The Artificial Intelligence innovation funding program (PIIA) - Part 2 : SMEs
- Maximum amount : 350,000 $
- Up to 50% of project cost
- Manufacturing
- Information and cultural industries
- Professional, scientific and technical services
- Other services (except public administration)