How much funding can be received?

Funds up to 100% of admissible expenses.

What is the deadline to apply?

The deadline to apply is not specified.

Who are the financial supporters of the Collective entrepreneurship financing?

Collective entrepreneurship financing is funded by Gouvernement du Québec, Investissement Québec (IQ)

What are Collective entrepreneurship financing's eligibility criterias?

The applicant must be a cooperative or a non-profit organization (OBNL). The applicant must have commercial activities.

Collective entrepreneurship financing

Last Update: July 22, 2025

QC, Canada

Loans for co-op business projects in Quebec

Collective entrepreneurship financing at a glance

Eligible Funding

Min. $50,000
Up to 100% of project cost

Timeline

Open Date : November 14, 2019

Financing Type

Loans and Capital investments

Eligible Industries

All industries

Grant Providers

Gouvernement du Québec
Investissement Québec (IQ)

Program status

Open

Overview of the Collective entrepreneurship financing program

Loans covering up to 100% of the costs for most co-operative and not-for-profit business projects, starting at $50,000.

Eligible projects & activities

The grant supports various projects and activities for cooperatives and non-profits, provided they have market activities.

Acquisition, expansion, construction, and modernization of buildings
Purchase of machinery and equipment
Working capital
Financing worker-shareholder cooperatives for acquiring employer shares
Refinancing
Expansion into new markets
Acquisition of intangible assets (trademarks, patents, etc.)

Examples of admissible projects:

$ 60,000

Expansion of an organic food cooperative to include a new retail location

$ 100,000

Acquisition of new machinery and equipment for a textile manufacturing cooperative

$ 55,000

Launching a digital marketing campaign for a social economy enterprise

$ 70,000

Modernization of a community arts center building

$ 80,000

Acquisition of a new software system for a financial cooperative

$ 60,000

Refinancing of existing loans for a cooperative bookstore

Eligibility criteria of the Collective entrepreneurship financing program

To be eligible for this grant, cooperatives and non-profit organizations must have commercial activities.

Cooperatives or non-profit organizations (NPOs)
Engaged in commercial activities

Who is eligible?

Eligible organizations for this grant include cooperatives and non-profit organizations (NPOs) with commercial activities. The support offered aims to help these entities with various financial needs and projects.

Cooperatives
Non-Profit Organizations (NPOs) with commercial activities

Who is not eligible

Companies not engaging in commercial activities

Eligible expenses

Eligible expenses for this grant can include various types of projects such as acquisitions, modernizations, and financing needs.

Acquisition, agrandissement, construction, modernisation d’un bâtiment
Achat de machinerie et d’équipement
Fonds de roulement
Financement d’une coopérative de travailleurs actionnaires pour l’acquisition d’actions de leur employeur
Refinancement
Implantation sur un nouveau marché
Acquisition d’actifs incorporels (marques de commerce, brevets, etc.)

Eligible geographic areas

There are no specific eligible geographic zones mentioned for this grant.

Eligibility criteria of the Collective entrepreneurship financing program

Engagement in commercial activities, regardless of industry or field

Project eligibility including acquisition, expansion, construction, modernization, working capital, refinancing, and more

Minimum financing of $50,000

Potential for up to 100% coverage of project costs

Flexible terms tailored to individual needs

Possibility of deferral of principal repayment up to 24 months

How to apply to the Collective entrepreneurship financing program

Eligibility Assessment

Check that your cooperative or nonprofit organization has commercial activities.
Confirm that your project is among the examples of eligible projects.
Ensure that your organization meets the eligibility criteria.

Preparation of the file

Gather the necessary financial and administrative documents.
Prepare a detailed description of your project.
Develop a solid business plan if necessary.
Determine the amount of funding required and the desired terms.

Consultation with a financing expert

Make an appointment with an Investment Quebec financing expert.
Discuss your project and financial needs with the expert.
Receive advice on the best financing solutions tailored to your situation.

Submission of the request

Fill out the funding application form.
Attach all required documents to the application.
Submit the application to Investissement Québec.

Monitoring and evaluation of the request

Track the progress of your application with Investissement Québec.
Provide additional information if necessary during the evaluation.
Receive a response on the approval or denial of the application.

Obtaining funds

Sign the loan or financing agreement documents.
Receive the funds according to the agreed terms.

Additional information

Investissement Québec offers a flexible financial support system to cooperatives and non-profit organizations (NPOs) for various types of projects with the ability to cover up to 100% of project costs.

Can partner with other lenders to provide competitive loans
Options include short-term or long-term loans (up to 25 years for real estate)
Possible repayment moratorium on capital (up to 24 months)
Projects like building acquisition, construction, machinery purchase, new market implementation, and acquisition of intangible assets are eligible
Eligibility requires cooperatives and NPOs to have commercial activities

Documents and links

Collective entrepreneurship financing

Apply to this program

Financial support for reducing environmental footprints of Quebec businesses