Development Capital — Debt financing

Development Capital — Debt financing

Loans for large-scale projects in Quebec

At a glance

Eligible Funding
  • No Condition
Timeline
  • Open Date : November 14, 2019
Financing Type
Loans and Capital investments
Eligible Industries
  • All industries
Grant Providers
  • Investissement Québec
  • Gouvernement du Québec
Status
Open

Overview

Debt financing up to $100 million to acquire a company in Quebec or abroad, for growth and productivity enhancements, and more.

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

Step 1
  • Review the eligibility criteria specified by Investissement Québec.
Step 2
  • Contact an Investissement Québec expert at 1 844 IQINFOS (1 844 474-6367) for guidance and information.
Step 3
  • Prepare the necessary documentation for your project proposal.

Documents and links

Development Capital — Debt financing

Apply to this program