Open
Source verified August 10, 2026
Development Capital — Debt financing
Flexible financing for ambitious business projects
Funding available
$ 100,000,000
Deadline
Open continuously
Location
Quebec, Canada
Overview
Development Capital — Debt financing offers up to $100M to Québec businesses for ambitious projects, excluding certain industries. Supported projects include share redemptions to maintain Québec ownership, company acquisitions in Québec or abroad, and growth or productivity enhancement such as expansion or equipment modernization.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase production or service capacity
- Increase operational productivity
- Complete an acquisition or business transfer
Eligible Funding
- Maximum amount : 100,000,000 $
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- Quebec
Legal structures
- All legal structures
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
- Total or partial share redemption to maintain Québec ownership.
- Acquisition of a company in Québec or abroad.
- Growth or productivity enhancement, such as expansion or equipment modernization.
Eligibility
Who is eligible?
- Québec businesses.
- Companies in agriculture that are ineligible for La Financière agricole du Québec programs may qualify.
Who is not eligible
- Companies operating in agriculture, except companies that are ineligible for La Financière agricole du Québec programs may qualify.
- Companies operating in finance and insurance.
- Companies operating in real estate, where certain activities are excluded.
- Companies operating in retail sales and comparable activities.
- Companies in other industries where clients are primarily individuals, except for tourism.
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.
Eligible geographic areas
- Québec
Selection 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
How to apply
- 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.
Additional information
- Debt financing may be provided as a single financing solution or combined with other financing solutions under Development Capital.
Contacts
Availability timeline
2026
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Frequently Asked Questions about the Development Capital — Debt financing Program
What is the Development Capital — Debt financing?
Development Capital — Debt financing offers up to $100M to Québec businesses for ambitious projects, excluding certain industries. Supported projects include share redemptions to maintain Québec ownership, company acquisitions in Québec or abroad, and growth or productivity enhancement such as expansion or equipment modernization.
How much funding can be received?
Development Capital — Debt financing Funds up to $100,000,000 of admissible expenses.
What is the deadline to apply?
The program is accepting continuous intake
Who is eligible for the Development Capital — Debt financing program?
To be eligible for the Development Capital — Debt financing program, you must:
The applicant must be a Québec business.
Agricultural companies that are ineligible for La Financière agricole du Québec programs may qualify.
What expenses are eligible under Development Capital — Debt financing?
Total or partial share redemption to maintain Québec ownership.
Acquisition of a company in Québec or abroad.
Growth or productivity enhancement, such as expansion or equipment modernization.
Who can I contact for more information about the Development Capital — Debt financing?
You can contact Investissement Québec (IQ) or by phone at 1 844 474-6367.
Where is the Development Capital — Debt financing available?
The Development Capital — Debt financing program is available the province of Quebec.