Chantier de l'économie sociale Trust — Operations Patient Capital Loan

Q: What is the deadline to apply?

The deadline to apply is not specified.

Q: Who is eligible for the Chantier de l'économie sociale Trust — Operations Patient Capital Loan program?

To be eligible for the Chantier de l'économie sociale Trust — Operations Patient Capital Loan program, you must: • The enterprise must be a Québec social economy enterprise, non-profit organization, or cooperative. • The majority of the enterprise's employees must reside in Québec. • The business assets must be under $100 million, or the capital must be under $50 million.

Q: Who can I contact for more information about the Chantier de l'économie sociale Trust — Operations Patient Capital Loan?

You can contact Chantier de l'économie sociale.

Q: Where is the Chantier de l'économie sociale Trust — Operations Patient Capital Loan available?

The Chantier de l'économie sociale Trust — Operations Patient Capital Loan program is available the province of QC.

Q: Are startups eligible for the Chantier de l'économie sociale Trust — Operations Patient Capital Loan program?

Yes, startups are eligible to apply for the Chantier de l'économie sociale Trust — Operations Patient Capital Loan program.

Last Update: July 22, 2025

QC, Canada

Financial products to support social economy enterprises in Quebec

At a glance

Eligible Funding

From $50,000 to $250,000
Up to 35% of project cost

Timeline

Open Date : August 18, 2022

Financing Type

Loans and Capital investments

Eligible Industries

Health care and social assistance

Funds Providers

Unspecified

Program status

Open

Overview

Get a loan from the trust between $50,000 and $250,000 to cover 35% of the costs directly associated with the operational needs.

Activities funded

The eligible projects for the Patient Capital Loans grant include: - Operations development or improvements - Adaptation of products and services - Start-up and expansion

Examples of admissible projects:

$ 80,500

Adaptation of healthcare services for elderly homes

$ 63,000

Upgrade of digital infrastructure in local library

$ 84,000

Expansion of community arts and crafts program

$ 122,500

Expansion of organic food production facilities

$ 108,500

Development of a mobile application for mental health support

$ 96,250

Startup of an eco-friendly packaging company

Eligibility

To be eligible for the Patient Capital Loans from the Chantier de l'économie sociale Trust, the social economy enterprises, non-profit organizations, and cooperatives must meet the following criteria: 1. The majority of employees must live in Québec. 2. Business assets are under one hundred million dollars ($100 million) or capital under fifty million dollars ($50 million). Eligible Projects include: - Operations development or improvements - Adaptation of products and services - Start-up and expansion Ineligible Enterprises are: - Those whose appointment processes for governing bodies don't ensure a preponderance of civil society stakeholders - Enterprises that exclusively offer educational services or residential rental housing services - Enterprises whose activities result in the substitution of jobs held or to be held by public sector employees - Private enterprises - Public bodies Ineligible Projects include: - Pre-start-up, recovery, refinancing of existing debts, early repayment of a long-term loan with the goal of lowering the overall costs of financing - Financing activities that result in the substitution of jobs held or to be held by public sector employees.

Who is eligible?

This grant is available to Québec-based social economy enterprises, which include non-profit organizations and cooperatives, provided the majority of their employees reside in Québec and they meet certain asset or capital thresholds. Ineligible applicants include private enterprises, public bodies, and those falling under specified exclusions such as entities offering exclusively educational services or engaged in sensitive sectors.

Who is not eligible

This grant excludes certain companies and industries due to their status or main activity. The restrictions ensure that funds are directed towards enterprises that align with the grant's objectives.

Private enterprises.
Public bodies.
Enterprises whose appointment processes for governing bodies don’t ensure a preponderance of civil society stakeholders.
Enterprises that exclusively offer educational services or residential rental housing services.
Enterprises whose activities result in the substitution of jobs held or to be held by public sector employees.
Enterprises that work in excluded and sensitive sectors.

Eligible expenses

Eligible expenses for this grant include: - Working capital - Equipment acquisition (office, computers, vehicles, machinery and tools) - Absorb operational deficits during start-up - Inventory - Leasehold improvements - Upgrading the enterprise’s capital - Introducing new products to the market - All other needs related to operations

How to apply

Of course! Please provide the French text you would like me to translate into English.

Verify the eligibility of the company according to the criteria mentioned in the investment policy.
Prepare the necessary documents for the grant application.

Of course! Please provide the French text you would like me to translate into English.

Fill out the online application form on the website of the Social Economy Trust.
Attach the requested documents (business plan, financial statements, etc.).

Of course! Please provide the French text that you would like me to translate into English.

Wait for the application to be processed by the Trust of the Site.
Prepare arguments to defend the application, if necessary during a possible interview or meeting.

Additional information

- The patient capital loans are available for Quebec social economy enterprises, non-profit organizations, and cooperatives where the majority of employees live in Quebec. - Eligible projects include operations development, adaptations of products and services, start-up, and expansion. - Ineligible enterprises include those with governance processes not ensuring a preponderance of civil society stakeholders and those exclusively offering educational or residential rental housing services. - Ineligible projects include pre-start-up, recovery, refinancing of existing debts, and activities resulting in job substitution of public sector employees.

Documents and links

Chantier de l'économie sociale Trust — Operations Patient Capital Loan

Apply to this program

Frequently Asked Questions about the Chantier de l'économie sociale Trust — Operations Patient Capital Loan Program

Here are answers to the most common questions about the Chantier de l'économie sociale Trust — Operations Patient Capital Loan. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.