Closed
Source verified April 9, 2026
Funding available
$ 20,000 - $ 450,000
Deadline
December 31, 2024
Opened January 1, 2024
Location
Quebec, Canada
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.
/100
Opportunity Score
Moderate potential, but conditions must align.
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 : 450,000 $
- 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
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
- Two-year financial projections
- Shareholders’ CVs
Official resources
Eligibility
Who is eligible?
- Start-up businesses
- Legally constituted companies
- Businesses registered in Québec
- Businesses with most sectors of activity eligible
Who is not eligible
- Businesses involved in politics, religion, sex, bars, or violent entertainment
- Multi-level marketing businesses
- Businesses involved in ethically questionable activities
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 $450,000 of admissible expenses.
What is the deadline to apply?
The application deadline for this grant program was December 31, 2024.
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