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DEL — Equipment and Technology Loan

Q: How much funding can be received?

DEL — Equipment and Technology Loan Funds up to 50% of admissible expenses, capped at $150,000 per project.

Q: Who is eligible for the DEL — Equipment and Technology Loan program?

To be eligible for the DEL — Equipment and Technology Loan program, you must: Be legally constituted and located in the DEL region or planning to be Operate in an eligible industry with B2B value-added services or products Submit a project creating or maintaining jobs

Q: Who can I contact for more information about the DEL — Equipment and Technology Loan?

You can contact Développement économique de l'agglomération de Longueuil (DEL).

Q: Where is the DEL — Equipment and Technology Loan available?

The DEL — Equipment and Technology Loan program is available the province of Quebec.

Q: Is the DEL — Equipment and Technology Loan a grant, loan, or tax credit?

DEL — Equipment and Technology Loan is a Loans and Capital investments

Last Update: March 4, 2026

Canada

Enhance business efficiency through financing equipment and technology investments

Loans and Capital investments

Développement économique de l'agglomération de Longueuil

At a glance

Funding available

Financing goals

Integrate new technologies

Optimize production processes

Develop employee skills

Eligible Funding

Maximum amount : 150,000 $
Up to 50% of project cost

Timeline

Receipt of requests is now closed

Eligible candidates

Eligible Industries

Manufacturing

Location

Canada

Legal structures

For-profit business

Annual revenue

All revenue ranges

Organisation size

All organization sizes

Audience

All groups

Overview

The DEL Equipment and Technology Loan offers up to $150,000 in financing to help businesses acquire and install new or used equipment, technology, or software. Eligible activities include equipment purchases, software and technology installation, employee training, production area setup, and productivity improvements.

Activities funded

Acquisition and installation of new or used equipment to enhance business operations.
Adoption and integration of technology or software systems.
Development and setup of production areas to support growth.
Employee training initiatives linked to equipment or technology upgrades.
Projects aimed at improving overall business productivity.

Examples of admissible projects:

$ 100,000

Upgrading kitchen facilities with new energy-efficient appliances for a community center

$ 150,000

Purchasing advanced 3D printing equipment for custom prosthetics manufacturing

$ 150,000

Developing a tech-driven recycling plant with new sorting and processing machinery

$ 120,000

Purchasing and installing a new ERP software system for inventory management

$ 145,000

Establishing a digital art studio with latest graphic design software and hardware

$ 150,000

Setting up a new solar panel production area with automated machinery

Eligibility

The applicant must be legally constituted.
The business must be located in the DEL region or plan to establish there.
The company must operate in an eligible industry and provide value-added services or products primarily for businesses (B2B).
The project must create and/or maintain jobs.
The applicant must demonstrate realistic financial forecasts, profitability, and growth potential, and provide current financial statements showing 20% equity after the project with the ability to repay.

Who is eligible?

Businesses legally constituted in the DEL (Longueuil agglomeration) region or planning to locate there
Businesses operating in eligible industries that offer value-added services or products intended primarily for other businesses (B2B)

Eligible expenses

Purchase of new or used equipment
Purchase of technology or software
Installation or delivery fees
Employee training costs
Production area setup costs
Expenses related to improving productivity

Eligible geographic areas

Businesses located in the Développement économique de l'agglomération de Longueuil (DEL) region
Companies planning to establish operations in the DEL region

Selection criteria

Presentation of financial forecasts demonstrating the profitability and growth potential of the project.
Presentation of up-to-date financial statements showing a 20% equity investment after project completion and the company's repayment capacity.
Absence of defaults towards the government or creditors, as well as the absence of litigations involving the company or the entrepreneur.

How to apply

Initial contact with DEL

Make an appointment with DEL to clarify your financing needs.

Preparation of the request

Gather the financial statements from the last three years and those for the current year.
Write the financial forecasts for the next two years.
Develop a business and revenue model, or a business plan.
Obtain a quotation detailing the project costs.
Prepare the entrepreneur's personal financial statement and a credit report.

Submission of the request

Contact DEL to obtain the formal application file.
Submit all prepared documents to DEL.

Follow-up on the submission

Verify the receipt of your request by DEL.
Respond to any request for additional information from DEL.

Additional information

The loan may be combined with conditionally non-repayable financing to cover up to 50% of related external professional fees.
The loan can be repaid at any time without penalty.
Collateral is normally required for this type of financing.
DEL offers free-of-charge support services to applicants seeking financing.

Apply to this program

Frequently Asked Questions about the DEL — Equipment and Technology Loan Program

Here are answers to the most common questions about the DEL — Equipment and Technology 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.