
Closed
Source verified September 25, 2026
Evol — Conventional start-up loan
Startup financing for eligible Québec businesses
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Funding available
$ 20,000 - $ 75,000
Deadline
Unspecified
Location
Quebec, Canada
Who can apply
Legally incorporated businesses registered with the Québec Enterprise Register
See full eligibility
Overview
Startup financing of up to $75,000 for businesses in Québec. Supports asset acquisition, working capital, product and service development, and share purchases or buybacks.
Receipt of requests is now closed
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At a glance
Funding available
Financing goals
- Develop a new program or service
- Develop a new product or service
- Start a business
Eligible Funding
- Maximum amount : 75,000 $
- Minimum amount : 20,000 $
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- Quebec
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Indigenous Peoples
- Persons with Disabilities
- Newcomers to Canada
- Other Racialized Persons
- Black Canadians
- 2SLGBTQI+
- Women
Next Steps
1
Determine your project
2
Validate your eligibility
Availability timeline
2025
Periods: 1
Activities funded
- Startup business financing
- Acquisition of assets for business launch
- Working capital support after loan approval
- Development and commercialization of products and new services for an existing business
- Share purchases or buybacks
Documents Needed
- Business plan
- Projected financial statements over 2 years
- CVs of shareholders
Official resources
Eligibility
Who is eligible?
- Legally incorporated businesses registered with the Québec Enterprise Register
- Businesses whose head office and primary activity are located in Québec
- Businesses in most sectors of activity
- Businesses led by at least one person belonging to an underrepresented entrepreneurial community
Who is not eligible
- Activities related to politics, religion, or sex
- Bars
- Violent entertainment
- Multi-level marketing
- Any other activity that could be ethically controversial or degrading to people
Eligible expenses
- Acquisition of tangible and intangible assets
- Working capital for business operations
- Development and marketing of products and services
- Share purchases or buybacks
Eligible geographic areas
- Québec
Frequently Asked Questions about the Evol — Conventional start-up loan Program
What is the Evol — Conventional start-up loan?
Startup financing of up to $75,000 for businesses in Québec. Supports asset acquisition, working capital, product and service development, and share purchases or buybacks.
How much funding can be received?
Evol — Conventional start-up loan Funds up to $75,000 of admissible expenses.
Who is eligible for the Evol — Conventional start-up loan program?
To be eligible for the Evol — Conventional start-up loan program, you must:
Legally incorporated in Québec
At least one underrepresented founder
Aligned with a UN Sustainable Development Goal
What expenses are eligible under Evol — Conventional start-up loan?
Startup business financing
Acquisition of assets for business launch
Working capital support after loan approval
Development and commercialization of products and new services for an existing business
Share purchases or buybacks
Where is the Evol — Conventional start-up loan available?
The Evol — Conventional start-up loan program is available the province of Quebec.
Is the Evol — Conventional start-up loan a grant, loan, or tax credit?
Evol — Conventional start-up loan is a Loans and Capital investments
Who are the financial supporters of the Evol — Conventional start-up loan?
Evol — Conventional start-up loan is funded by Evol