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Chantier de l'économie sociale Trust — Real Estate Patient Capital Loans
Loans for social economy real estate projects in Quebec
Record updated
- Funding available
- $ 50,000 - $ 2,500,000
- Up to 31% of project cost
- Deadline
- Open continuously
- Location
- Quebec, Canada
- Who can apply
- Québec social economy enterprises, non-profit organizations, and cooperatives that meet specific criteria can apply for these financial products offered by the Chantier de l'économie sociale Trust to support their development or improvement of operational or real estate potential.
- See full eligibility
Overview
Get a trust loan between $50,000 and $1.5 million, to cover 31.5% of the costs directly related to the acquisition, construction, or renovation of real estate assets such as land, a building, a warehouse, etc.
At a glance
Funding available
- Maximum funding
- $2,500,000
- Minimum funding
- $50,000
- Maximum share of project costs
- 31%
- Increase performance through digital transformation
- Increase social or community impact
- Improve governance or administrative structure
- Reduce environmental footprint
- Start a business
- Renovate or expand facilities
Eligible candidates
- Location
- Quebec
- Eligible Industries
- All industries
- Annual revenue
- All revenue ranges
- Organisation size
- All organization sizes
- Audience
- Startups
- Legal structures
- Financial cooperative, Non-profit, Social economy enterprise, Non-financial cooperative
Non-profit candidates
- Sector of operation
- Economic, Social and Community Development, Housing
- Target groups
- Business owners / entrepreneurs, Nonprofits / charities
- Scope
- Provincial
Start applying for this program
Take a practical assessment to gain a clear understanding of how well this program aligns with your specific needs and long-term goals.
Availability timeline
2026
Periods: 1
Eligibility
Who is eligible?
Québec social economy enterprises, non-profit organizations, and cooperatives that meet specific criteria can apply for these financial products offered by the Chantier de l'économie sociale Trust to support their development or improvement of operational or real estate potential.
Who is not eligible
This grant excludes certain types of companies and projects based on their status and main activity. These restrictions ensure the support is primarily directed toward enterprises within the social economy in Québec.
- Private enterprises.
- Public bodies.
- Enterprises whose governing bodies do not predominantly consist of civil society stakeholders.
- Enterprises exclusively offering educational services or residential rental housing services.
- Enterprises with activities that substitute jobs held by public sector employees.
- Enterprises operating in excluded and sensitive sectors.
- Projects related to pre-start-up phases, recovery, refinancing of existing debts, or early repayment of a long-term loan.
Eligible expenses
The grant supports the advancement of social economy enterprises by providing financial aid for the development and enhancement of operational and real estate capacities. Eligible activities include a diverse range of operational and real estate projects aimed at growth and adaptation.
- Development or improvement of operations.
- Adaptation of products and services.
- Real estate projects such as acquisition, construction, or renovation.
- Start-up initiatives.
- Expansion projects.
Eligible geographic areas
This grant is available to social economy enterprises located in a specific geographical area. Eligible companies must be based in Québec to qualify for this funding opportunity.
- Québec based social economy enterprises.
Activities funded
The Chantier de l'économie sociale Trust supports projects that aim to enhance the operational and real estate capabilities of social economy enterprises in Québec. Eligible activities focus on operational development, product adaptation, and real estate enhancement to foster enterprise growth and community development.
- Operations development or improvements within social economy enterprises.
- Adaptation of products and services to meet market demands.
- Real estate projects, including the acquisition, construction, and renovation of assets.
- Start-up initiatives and expansion projects for collective enterprises.
How to apply
- Step 1: Determine Eligibility
- Ensure your enterprise is a Québec social economy enterprise, non-profit organization, or cooperative with assets or capital below specified thresholds.
- Verify your project aligns with eligible project types, such as operational development or real estate projects.
- Step 2: Prepare Documentation
- Gather necessary financial statements and proof of registration as a social economy enterprise.
- Prepare a detailed description of your project and how the patient capital loan will be utilized.
- Include supporting documents such as business plans, budgets, and financial projections.
- Step 3: Complete Application Form
- Access the Chantier de l’économie sociale Trust's application form online or through a contact point.
- Fill in all required fields with accurate details about your enterprise and project.
- Step 4: Submit Application
- Submit the completed application form and all accompanying documents to the Chantier Trust, either electronically through their portal or by mail to their designated address.
- Step 5: Await Feedback and Further Instructions
- Wait for confirmation of receipt and any requests for additional information or documents from the Chantier Trust.
Selection criteria
There are evaluation and selection criteria for this grant.
- Demonstrated need for patient capital financing
- Alignment of the project with the goals and eligibility criteria of the Chantier Trust
- Potential impact of the project on the social economy and community
- Viability and sustainability of the enterprise
- Capacity of the enterprise to manage the funds effectively
Additional information
Here are additional relevant details for this grant:
- The interest rate for the loans is competitive and fixed throughout the 15-year term, providing predictability in financial planning.
- There is a possibility of making advance capital repayments without incurring any penalties, offering flexibility in financial management.
- The loans do not require capital repayment obligations until the end of their 15-year term, providing a longer horizon for financial stability.
- Real estate loans require a mortgage from a financial institution and are secured with a subordinated guarantee from the Chantier Trust.
- Flexible financing conditions are intended to lower financial risks and improve the debt-equity balance of the borrowing enterprises.
- The availability of these loans helps enterprises conserve capital for project needs by reducing the annual cash outflows associated with project financing.
Contacts
Official sources
Frequently Asked Questions about the Chantier de l'économie sociale Trust — Real Estate Patient Capital Loans Program
What is the Chantier de l'économie sociale Trust — Real Estate Patient Capital Loans?
Get a trust loan between $50,000 and $1.5 million, to cover 31.5% of the costs directly related to the acquisition, construction, or renovation of real estate assets such as land, a building, a warehouse, etc.
How much funding can be received?
Chantier de l'économie sociale Trust — Real Estate Patient Capital Loans Funds up to 31% of admissible expenses, capped at $2,500,000 per project.
What is the deadline to apply?
The program is accepting continuous intake
Who is eligible for the Chantier de l'économie sociale Trust — Real Estate Patient Capital Loans program?
To be eligible for the Chantier de l'économie sociale Trust — Real Estate Patient Capital Loans program, you must:
The enterprise must be a Québec social economy enterprise, non-profit organization, or cooperative.
The majority of employees must reside in Québec.
Business assets must be under $100 million or capital under $50 million.
What expenses are eligible under Chantier de l'économie sociale Trust — Real Estate Patient Capital Loans?
The grant supports the advancement of social economy enterprises by providing financial aid for the development and enhancement of operational and real estate capacities. Eligible activities include a diverse range of operational and real estate projects aimed at growth and adaptation.
Development or improvement of operations.
Adaptation of products and services.
Real estate projects such as acquisition, construction, or renovation.
Start-up initiatives.
Expansion projects.
Who can I contact for more information about the Chantier de l'économie sociale Trust — Real Estate Patient Capital Loans?
You can contact Chantier de l'économie sociale by email at info@fiducieduchantier.qc.ca or by phone at 514-256-0992.
Where is the Chantier de l'économie sociale Trust — Real Estate Patient Capital Loans available?
The Chantier de l'économie sociale Trust — Real Estate Patient Capital Loans program is available the province of Quebec.