Open
Source verified April 9, 2026
DEL — Loan for Growing Collective Enterprises
Financing for growing collective enterprises
Funding available
$ 150,000
Deadline
Open continuously
Opened July 9, 2024
Location
Montérégie, Quebec, Canada
Overview
This financing provides up to $150,000 to support the growth of collective enterprises in the social economy. It can be used for equipment purchases, marketing activities, working capital, and related development costs.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase production or service capacity
- Increase operational productivity
- Strengthen organizational capacity
Eligible Funding
- Maximum amount : 150,000 $
Eligible candidates
Eligible Industries
- All industries
Location
- Montérégie
- Quebec
Legal structures
- Social economy enterprise
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Growth projects for collective enterprises
- Equipment purchase projects
- Marketing and market development projects
- Working capital support for the first year of operations
Documents Needed
- Financial statements for the last 3 years and the current year
- Financial forecasts for the next 2 years
- Profile of the CEO and board composition
- Business model or business plan
Official resources
Eligibility
Who is eligible?
- Collective enterprises
- Social economy businesses
- Organizations in the DEL region
Who is not eligible
- Organizations accountable to the Québec government
- Organizations managing a Québec government program
- Day care centres, home support services, housing projects, and education services
Eligible expenses
- Equipment, machinery, vehicles, and incorporation-related costs
- Technology, software, and patent acquisition costs
- Working capital for the first year of the project
- Marketing, market development, and specialized consulting fees
Ineligible Costs and Activities
- Goodwill
- Research and development activities
Eligible geographic areas
- DEL territory
- Agglomération de Longueuil
- Boucherville
- Brossard
- Longueuil
- Saint-Bruno-de-Montarville
- Saint-Lambert
How to apply
- Step 1: Book an appointment with DEL
- Contact DEL to discuss your financing needs.
- Use the appointment to identify the most suitable financing option.
- Step 2: Prepare supporting documents
- Gather the required financial, governance, and business documents.
- Step 3: Submit the application with DEL
- Provide your information and documents through the appointment process with DEL.
Additional information
- This loan can be combined with conditional non-repayable financing for external professional fees.
- No collateral is required.
- The interest rate is competitive and risk-based.
- DEL offers an appointment-based advisory service to help identify the right financing option.
Frequently Asked Questions about the DEL — Loan for Growing Collective Enterprises Program
What is the DEL — Loan for Growing Collective Enterprises?
This financing provides up to $150,000 to support the growth of collective enterprises in the social economy. It can be used for equipment purchases, marketing activities, working capital, and related development costs.
How much funding can be received?
DEL — Loan for Growing Collective Enterprises Funds up to $150,000 of admissible expenses.
Who is eligible for the DEL — Loan for Growing Collective Enterprises program?
To be eligible for the DEL — Loan for Growing Collective Enterprises program, you must:
Collective enterprise in growth phase
Social economy organization
Based in the DEL territory
What expenses are eligible under DEL — Loan for Growing Collective Enterprises?
Growth projects for collective enterprises
Equipment purchase projects
Marketing and market development projects
Working capital support for the first year of operations
Who can I contact for more information about the DEL — Loan for Growing Collective Enterprises?
You can contact Développement économique de l'agglomération de Longueuil (DEL).
Where is the DEL — Loan for Growing Collective Enterprises available?
The DEL — Loan for Growing Collective Enterprises program is available Montérégie, Quebec.
Is the DEL — Loan for Growing Collective Enterprises a grant, loan, or tax credit?
DEL — Loan for Growing Collective Enterprises is a Loans and Capital investments