Development Capital — Debt financing
At a glance
- No Condition
- Open Date : November 14, 2019
- All industries
- Investissement Québec
- Gouvernement du Québec
Overview
Eligibility criteria
Investissement Québec's development capital financing is available to all businesses in Québec, except those in agriculture, finance and insurance, real estate, retail sales, and certain industries primarily serving individuals, excluding tourism. Eligible projects include share redemption for Québec ownership, acquisition of companies in Québec or abroad, and growth or productivity enhancements.
- All Québec businesses are eligible, except those in excluded industries.
Who is eligible
All Québec businesses are eligible for the grant, except companies operating in the following industries: Agriculture, Finance and insurance, Real estate (certain activities are excluded), Retail sales and comparable activities, and other industries where clients are primarily individuals, except for tourism.
- Agriculture
- Finance and insurance
- Real estate (certain activities are excluded)
- Retail sales and comparable activities
- Other industries where clients are primarily individuals, except for tourism
Who is not eligible
Some types of companies are not eligible for this grant. These include:
- Agriculture*
- Finance and insurance
- Real estate (certain activities are excluded)
- Retail sales and comparable activities
- Other industries where clients are primarily individuals, except for tourism
Eligible expenses
There are eligible expenses for this grant. Eligible expenses include:
- Total or partial share redemption to maintain Québec ownership
- Acquisition of a company in Québec or abroad
- Growth or productivity enhancement (expansion, equipment upgrade)
Eligible projects & activities
Investissement Québec offers financing for various eligible projects, including total or partial share redemption, company acquisitions, and growth or productivity enhancements.
- Total or partial share redemption to maintain Québec ownership
- Acquisition of a company in Québec or abroad
- Growth or productivity enhancement (expansion, equipment upgrade)
Evaluation & selection criteria
Investissement Québec provides financing solutions for projects based on equity investments and debt financing, focusing on ambitious projects that require $5 million or more. The evaluation and selection criteria for this grant include:
- Eligibility for Québec businesses, excluding certain industries
- Suitable projects like share redemption, acquisitions, and growth enhancements
- Business's situation, market conditions, and long-term vision
How to apply
- Review the eligibility criteria specified by Investissement Québec.
- Contact an Investissement Québec expert at 1 844 IQINFOS (1 844 474-6367) for guidance and information.
- Prepare the necessary documentation for your project proposal.