How much funding can be received?

This grant program offers various financing modalities designed to support ambitious projects in Quebec through structured and flexible financial instruments. The program leverages a combination of debt and equity solutions to provide substantial capital access for eligible enterprises.

Equity financing with a minimum investment threshold of $10 million.
Debt financing available up to $100 million.
First-ranking secured loans typically arranged in collaboration with other lenders, offering competitive and market-aligned terms.
Subordinated loans available with or without collateral, with repayment terms and pricing adjusted according to the specific circumstances of the business, under prevailing market conditions.
Convertible debt with conversion, repayment, and pricing conditions tailored to the business's situation and consistent with market standards.

grant_single_labels|projects

This grant is designed to support various ambitious business initiatives that contribute to economic growth and sustainability in Quebec. The eligible projects include but are not limited to acquisitions, productivity improvements, and ownership structuring activities.

Acquisition of an enterprise in Quebec or abroad.
Growth or productivity improvement projects, such as expansion or equipment modernization.
Partial or total buyout of shares to ensure the continuity of Quebec ownership.

grant_single|admissibleProjectsExample

$ 33,000,000

Partial buyout of shares in an education service company for sustainability

$ 79,500,000

Acquisition of a tech startup to enhance software development capabilities

$ 70,000,000

Expansion of renewable energy facilities by GreenLeaf Co-op

$ 27,000,000

Modernization of manufacturing equipment for a factory

$ 54,500,000

Acquisition of a food processing company to diversify product lines

$ 18,500,000

Expansion of a healthcare cooperative to include new diagnostic equipment

grant_single_labels|admissibility

Eligibility for this grant is determined by specific requirements related to the sector of the company applying.

All companies in Quebec are eligible except those in the following sectors:
Agricultural operations, unless they are not eligible for programs by La Financière agricole du Québec.
Finance and insurance.
Real estate, with some activities being excluded.
Retail and activities similar to retail.
Other sectors mainly serving individual customers, except the tourism sector.

grant_eligibility_criteria|who_can_apply

All businesses in Quebec can apply, except those in the following sectors:- Agricultural operations- Finance and insurance- Real estate (certain activities excluded)- Retail and activities similar to retail- Other sectors primarily serving individual customers, excluding the tourism sector Companies not eligible for La Financière agricole du Québec programs may still receive funding from Investissement Québec.

grant_eligibility_criteria|who_cannot_apply

This grant excludes certain companies from applying based on their industry or primary activities. These restrictions are intended to target key sectors that align with the grant's economic development mission.

Agricultural operations, with some exceptions.
Finance and insurance sectors.
Real estate activities (certain activities within this sector are excluded).
Retail and activities analogous to retail.
Other sectors where the customer base consists predominantly of individuals, except for the tourism sector.

grant_eligibility_criteria|eligible_expenses

This grant supports projects aimed at enhancing the economic sustainability and growth of businesses in Quebec. Eligible projects include strategic acquisitions, productivity improvements, and actions ensuring business longevity within the province.

Acquisition of a company in Quebec or abroad.
Growth or improvement of productivity, such as expansion and equipment modernization.
Partial or total buyback of shares to ensure the continuity of Quebec-based ownership.

grant_eligibility_criteria|zone

This grant targets companies established in specific regions to support regional economic development. The eligible geographical area for companies applying for this grant is the Province of Quebec.

Companies located within the Province of Quebec, Canada.

grant_single_labels|criteria

Yes, there are evaluation and selection criteria for this grant. All companies in Quebec except those in specific sectors are eligible, with a focus on high-potential growth and innovative sectors.

Companies in Quebec are eligible, excluding those in:
Agricultural exploitation
Finance and insurance
Real estate (certain activities excluded)
Retail sales and comparable activities
Other sectors with a majority of individual clientele, except for tourism
Focus on sectors such as:
Food processing
Aerospace
Information and communication technologies
Advanced applied technologies
Clean energy
Life sciences
Innovative manufacturing
Vision centered on long-term economic development
Goals to ensure the sustainability of Quebec businesses

grant_single_labels|register

Step 1: Eligibility Assessment
- Review the sectors eligible for funding and ensure your business aligns with the economic development goals of Quebec.
- Assess if your project fits within the types of eligible projects, such as acquisition or expansion endeavors.
Step 2: Contact Investment Quebec
- Reach out to Investment Quebec's major accounts team to discuss your project and explore suitable financing options.
- Provide a brief overview of your business and the scope of your project.
Step 3: Prepare Application Materials
- Compile necessary documentation such as financial statements, a detailed business plan, and any other supporting materials requested by Investment Quebec.
- Ensure your business plan clearly outlines the investment needs and expected outcomes.
Step 4: Submit Proposal
- Submit your complete application package to Investment Quebec, as advised by the team handling your account.
- Ensure all information is accurate and complete to facilitate the review process.
Step 5: Application Review and Feedback
- Investment Quebec will review your application and provide feedback or request additional information if required.
- Stay in contact with the team to address any queries and provide supplementary documents promptly.
Step 6: Final Decision
- Await a decision from Investment Quebec regarding the funding of your project.
- Receive notification of the outcome and next steps if your application is successful.

grant_single_labels|otherInfo

Here are additional relevant details for this grant:

Investissement Québec offers flexible financing solutions through both equity and debt financing tailored to your business's specific needs and market conditions.
They have a strong financial capacity and offer a long-term global perspective to support ambitious business projects.
Their portfolio focuses on innovative companies with high growth potential, especially in sectors like aerospace, ICT, advanced technologies, clean energy, life sciences, and innovative manufacturing.
Investissement Québec brings added value through a wide network of contacts and complementary services with other market players.
Financing packages start at a minimum of $10 million, which can go up to $100 million for debt financing.