Closed
Last Update: April 29, 2026
Funding available
$ 150,000
Timeline
- Receipt of requests is now closed
Location
Quebec, Canada
Overview
This financing supported existing social economy enterprises with a relaunch project. It covered transformation, new products or services, and internal or external business process innovation.
/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
Timeline
- Receipt of requests is now closed
Eligible candidates
Eligible Industries
- Health care and social assistance
Location
- Quebec
Legal structures
- All legal structures
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
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
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 supported existing social economy enterprises with a relaunch project. It covered transformation, new products or services, and internal or external business process innovation.
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