Closed
Source verified July 6, 2026
Funding available
$ 150,000
Deadline
Open continuously
Location
Quebec, Canada
Overview
This financing from Fonds RISQ supports existing social economy enterprises with a relaunch project in Quebec. It targets transformation, new products or services, and innovation in internal or external business processes.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Increase social or community impact
- Increase production or service capacity
Eligible Funding
- Maximum amount : 150,000 $
- Up to 100% of project cost
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- Quebec
Legal structures
- Non-profit
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Non-profit candidates
Sector of operation
- Economic, Social and Community Development
Target groups
- Business owners / entrepreneurs
- Nonprofits / charities
Revenue structures
- All structures
Scope
- Provincial
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Business transformation
- Creation of a new product or service offering
- Innovation in internal or external business processes
- Relaunch projects for existing social economy enterprises
Documents Needed
- Completed and signed eligibility form and declarations/consents
- Proof of opening fee payment
- Financial statements for the last two years
- Recent interim financial statements and related schedules
- Business plan and project studies or supporting documents
Eligibility
Who is eligible?
- Social economy enterprises
- Non-profit organizations (OBNL)
- Cooperatives
Who is not eligible
- Businesses that are not social economy enterprises
- Companies operating for less than 3 years
- Projects limited to financial recovery only
Eligible expenses
- Working capital needs
- Hiring essential internal or external staff
- Capital expenditures such as equipment, machinery, vehicles, and technology
- Costs directly related to implementing the relaunch project
- Repayment of the Canada Emergency Business Account, only within a relaunch project
Ineligible Costs and Activities
- Costs related only to financial restructuring
- Costs incurred before the funding application
- Current operating expenses of the existing business
Eligible geographic areas
- Quebec
How to apply
- Step 1: Validate eligibility
- Contact the RISQ team to confirm eligibility and available funding.
- Step 2: Submit application documents
- Send the required documents once eligibility is confirmed.
- Step 3: Pay the opening fee
- Pay the $200 opening fee when the invoice and offer letter are received.
- Step 4: File review and decision
- The financial analyst reviews the file, then the investment committee reviews it.
- If accepted, the investment offer is signed and the loan is paid out after conditions are met.
Processing and Agreement
- Eligibility is first validated by the RISQ team
- The file is then reviewed by a financial analyst
- The investment committee reviews the file and makes a recommendation
- If approved, an investment offer is signed with the company
- The loan is released after conditions are met, and RISQ follows up until full repayment
Additional information
- The fund has reached its expiry.
- Applicants may be redirected to another financing solution.
- Support is aimed at social economy enterprises adapting to the post-COVID reality.
Contacts
Frequently Asked Questions about the Fonds de transition Program
What is the Fonds de transition?
This financing from Fonds RISQ supports existing social economy enterprises with a relaunch project in Quebec. It targets transformation, new products or services, and innovation in internal or external business processes.
How much funding can be received?
Fonds de transition Funds up to 100% of admissible expenses, capped at $150,000 per project.
Who is eligible for the Fonds de transition program?
To be eligible for the Fonds de transition program, you must:
Existing social economy enterprise
Operating for 3+ years
Relaunch project adapted to post-COVID reality
What expenses are eligible under Fonds de transition?
Business transformation
Creation of a new product or service offering
Innovation in internal or external business processes
Relaunch projects for existing social economy enterprises
Who can I contact for more information about the Fonds de transition?
You can contact Fonds RISQ (RISQ) by email at isabelle.cote@fonds-risq.qc.ca or by phone at 514-866-2355.
Where is the Fonds de transition available?
The Fonds de transition program is available the province of Quebec.
Is the Fonds de transition a grant, loan, or tax credit?
Fonds de transition is a Loans and Capital investments