How much funding can be received?

Funds up to 50% of admissible expenses, capped at $70000 per project.

What is the deadline to apply?

The deadline to apply is not specified.

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

DEL — Digital Transformation Loan is funded by Développement économique de l'agglomération de Longueuil (DEL), Longueuil City

What are DEL — Digital Transformation Loan's eligibility criterias?

The applicant must be seeking funding for digital transformation initiatives. The company must be legally registered and operational in the region of Quebec, Canada. The enterprise should demonstrate a need for financial support to enhance digital capabilities.

DEL — Digital Transformation Loan

Last Update: April 2, 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.

DEL — Digital Transformation Loan 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

Grant Providers

Développement économique de l'agglomération de Longueuil (DEL)
Longueuil City

Status

Open

Overview of the DEL — Digital Transformation Loan program

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.

Eligible projects & activities

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 criteria of the DEL — Digital Transformation Loan program

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 to the DEL — Digital Transformation Loan program

Identify Eligibility

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

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.

Make an Appointment

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

Submit the Application

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

Revision Process

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

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.

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