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DEL — Digital Transformation Loan - Boucherville - QC - Canada

DEL — Digital Transformation Loan

Last Update: July 22, 2025
Boucherville, QC
The Digital Transformation Loan offers up to $50,000 in term loans and up to $20,000 in conditionally non-repayable financing to enhance business productivity through new technologies.

At a glance

Eligible Funding
  • Max. $70,000
  • Up to 50% of project cost
Timeline
  • Open Date : July 9, 2024
Financing Type
Loans and Capital investments
Eligible Industries
  • All industries
Funds Providers
Unspecified
Program status
Open

Overview

The Digital Transformation Loan aims to finance business digital projects to boost productivity through new technologies. It offers a term loan up to $50,000 and conditionally non-repayable financing up to $20,000, covering 50% of external project-related fees, such as professional fees, equipment, software, and training costs. Eligible expenses include purchasing technology or software, training, and setting up production areas.

Activities funded

Examples of admissible projects:
$ 15,000
Implement a cloud-based CRM system for a non-profit organization
$ 15,000
Set up a digital marketing campaign for a sole proprietorship
$ 11,000
Install a new point-of-sale software to enhance retail operations
$ 25,000
Acquire and install automated manufacturing equipment for a production facility
$ 25,000
Upgrade legacy IT systems to new cloud-based ERP software
$ 15,000
Develop an e-commerce platform for a cooperative

Eligibility

Who is eligible?

The eligible companies for this grant appear to be any that are seeking to finance their digital transformation initiatives to increase productivity through the acquisition of new technologies. Specific eligibility criteria might be provided during an appointment with DEL.
  • Companies seeking to finance digital transformation projects
  • Businesses that need to acquire new technologies to improve productivity
  • Organizations requiring funds for purchasing new or used equipment
  • Companies incurring costs related to technology or software acquisition
  • Businesses needing funds for installation, delivery, or training costs
  • Organizations requiring working capital for productivity improvement projects

Eligible expenses

Yes, there are eligible expenses for this grant. The grant covers a variety of costs related to your digital transformation project.
  • Cost of purchasing new or used equipment
  • Cost of purchasing technology or software
  • Installation or delivery fees
  • Training costs
  • Cost of setting up a production area
  • Expenses related to improving productivity
  • Additional working capital for the project

How to apply

1

Identify Eligibility

  • Check that your business meets the main eligibility criteria.
  • Gather the key documents that need to be submitted.
2

Prepare the Documentation

Collect the documentation related to the project, such as professional fees, salaries, equipment, licensing or training costs, and additional working capital for the project.
3

Make an Appointment

Contact DEL to schedule an appointment for free assistance services to help find the right financing for your business needs.
4

Submit the Application

Submit the application including all required documents and information related to the digital transformation project.
5

Revision Process

Wait for DEL to review the request and the submitted documents.
6

Receive the Funding Decision

  • Receive a notification regarding the funding decision.
  • If approved, comply with the terms and conditions of the term loan and the non-repayable funding.
7

Implementation

  • Proceed with the digital transformation project using the granted funds.
  • Keep track of expenses and project progress as required.

Additional information

This financing product, offered by DEL, helps businesses in Longueuil's agglomeration region to finance digital transformation projects aimed at improving productivity and efficiency.
  • Term loan up to $50,000
  • Conditionally non-repayable financing up to $20,000
  • Non-repayable financing includes $10,000 from DEL and $10,000 from DigifabQG
  • Eligible expenses include equipment, technology or software costs, installation, and training fees
  • Possibility of postponing principal payments and interest for up to 12 months
  • 25% deposit required
  • Competitive and risk-based interest rate
  • Contact information for DEL: 450 645-2335 or 1 866 599-2335

Contacts

450 645-2335
Apply to this program

Frequently Asked Questions about the DEL — Digital Transformation Loan Program

Here are answers to the most common questions about the DEL — Digital Transformation 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.

What is the DEL — Digital Transformation Loan?

How much funding can be received?

What is the deadline to apply?

Is the DEL — Digital Transformation Loan a grant, loan, or tax credit?

Who are the financial supporters of the DEL — Digital Transformation Loan?

Who is eligible for the DEL — Digital Transformation Loan program?

Who can I contact for more information about the DEL — Digital Transformation Loan?

Where is the DEL — Digital Transformation Loan available?

Apply to this program

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