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Circular Economy Fund
Funding for early-stage circular economy companies
Last Update: April 21, 2026
Funding available
$ 250,000 - $ 2,000,000
Timeline
- Open continuously
Location
Quebec, Canada
Overview
This fund supports early-stage circular economy companies in Quebec with investments of up to CAD 2,000,000. It backs innovative products, services, and technologies that help reduce waste, improve resource recovery, and lower greenhouse gas emissions.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Develop strategic partnerships
- Increase production or service capacity
- Implement environmental initiatives
Eligible Funding
- Maximum amount : 2,000,000 $
- Minimum amount : 250,000 $
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- Construction
- Manufacturing
- Wholesale trade
- Retail trade
- Information and cultural industries
- Professional, scientific and technical services
- Administrative and support, waste management and remediation services
- Other services (except public administration)
- Public administration
Location
- Quebec
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Youth (<40)
- Startups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Development of circular economy products, services, or technologies.
- Projects that reduce waste production and improve material valorization.
- Initiatives that help reduce greenhouse gas emissions through circular solutions.
Eligibility
Who is eligible?
- Early-stage companies
- Innovative businesses in the circular economy
- Businesses in agri-food, recycling, resource valorization, and eco-construction
Eligible geographic areas
- Quebec
Selection criteria
- Innovative solution.
- Strong potential to optimize resource use or valorization.
- Ability to reduce waste and greenhouse gas emissions.
How to apply
1
Check your eligibility
- Review the fund’s focus on circular economy projects, including the sectors and criteria listed.
- Confirm that your company is a young business in startup phase and operates anywhere in Quebec.
- Check that your business model is based on products, services, or technologies rooted in circular economy.
2
Prepare your proposal
- Prepare a proposal that highlights innovative solutions with strong potential to optimize resource use or valorize resources.
- Emphasize how your project can reduce residual materials and GHG emissions.
- Align your application with the fund’s targeted sectors, such as agri-food, recycling and resource recovery, or ecoconstruction.
3
Share your details
- Compile the information needed to present your company and project to the fund.
- Make sure your application clearly explains your circular economy model and the expected environmental benefits.
- Be ready to share your details so the fund can get to know your company.
4
Submit your application
- Submit your request to the fund for review.
- The fund invests in equity or quasi-equity, with amounts from $250,000 to $2,000,000.
Additional information
- Investments are made in equity or quasi-equity.
- The fund focuses on circular economy solutions in Quebec.
- About 25% of investments may go to other circular economy sectors.
Frequently Asked Questions about the Circular Economy Fund Program
What is the Circular Economy Fund?
This fund supports early-stage circular economy companies in Quebec with investments of up to CAD 2,000,000. It backs innovative products, services, and technologies that help reduce waste, improve resource recovery, and lower greenhouse gas emissions.
How much funding can be received?
Circular Economy Fund Funds up to $2,000,000 of admissible expenses.
Who is eligible for the Circular Economy Fund program?
To be eligible for the Circular Economy Fund program, you must:
Early-stage company
Circular economy business model
Based in Quebec
What expenses are eligible under Circular Economy Fund?
Development of circular economy products, services, or technologies.
Projects that reduce waste production and improve material valorization.
Initiatives that help reduce greenhouse gas emissions through circular solutions.
Where is the Circular Economy Fund available?
The Circular Economy Fund program is available the province of Quebec.
Is the Circular Economy Fund a grant, loan, or tax credit?
Circular Economy Fund is a Loans and Capital investments
Who are the financial supporters of the Circular Economy Fund?
Circular Economy Fund is funded by Fondaction, Recyc-Québec (RECYC-)