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Evol — Conventional start-up loan

Startup financing for eligible Québec businesses

Record updated

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.

At a glance

Funding available

Maximum funding
$75,000
Minimum funding
$20,000
Financing goals
  • Develop a new program or service
  • Develop a new product or service
  • Start a business
  • Launch or market a product/service

Eligible candidates

Location
  • Quebec
Eligible Industries
All industries
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
Legal structures
For-profit business

Receipt of requests is now closed

Get notified about updates to this grant.

Availability timeline

2025
Periods: 1

Latest changes

Evol startup loan rules updated

Evol’s startup loan information now defines the project as commercialization-stage and adds new eligibility, funding, and document requirements.

See more

Evol’s startup-loan information now specifies that the project must be at the commercialization stage, with significant sales expected within three months after the loan is received. The new materials also add eligibility requirements tied to leadership from an underrepresented community and a minimum 25% share-and-vote stake, along with new documents to begin an application.

Official source: evol.ca
September 25, 2026

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

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 sources

Add helloDarwin as a preferred source on Google

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?

Acquisition of tangible and intangible assets Working capital for business operations Development and marketing of products and services 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