Open
Source verified March 3, 2026
FTQ — Local Funds
Local financing for Quebec SMEs to start, grow, and modernize
Funding available
$ 100,000
Deadline
Open continuously
Location
Quebec, Canada
Who can apply
Small and medium-sized enterprises (SMEs) located in a territory served by a Fonds local
See full eligibility
Overview
The FTQ Local Funds provide Québec-based SMEs (including social economy enterprises) with financing of up to $100,000 to support local economic development and the creation or maintenance of sustainable, quality jobs. Eligible activities may include starting or buying a business, exporting, growth projects, modernization, and productivity improvements, depending on the local action plan and development priorities.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Increase operational productivity
- Complete an acquisition or business transfer
Eligible Funding
- Maximum amount : 100,000 $
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- Quebec
Legal structures
- For-profit business
- Social economy enterprise
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Rural or Northern Residents
- Startups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Starting or buying a business.
- Export projects.
- Business growth projects.
- Modernizing operations.
- Improving productivity.
Official resources
Eligibility
Who is eligible?
- Small and medium-sized enterprises (SMEs) located in a territory served by a Fonds local
- Québec-headquartered businesses (including social economy companies)
Eligible geographic areas
- Québec (businesses headquartered in Québec).
- Any territory served by a Fonds local (within Québec).
Selection criteria
- Economic viability of the company/project.
- Employment spinoffs (job creation and retention impacts).
- Knowledge and experience of the stakeholders.
- Value placed on human resources.
- Participation of other financial partners.
How to apply
- Step 1: Identify your local fund (Fonds local)
- Use the “Find your Fonds local” tool to locate the Fonds local that serves your business territory.
- Step 2: Request information and start the financing process (contact form)
- Fill out the contact form to request information about the Fonds locaux financing solutions.
- Step 3: Submit your request to the fund provider (online form submission)
- Send your request by submitting the online contact form to the Fonds de solidarité FTQ (it will connect you with the appropriate Fonds local).
- Note that financing is granted subject to compliance with applicable eligibility conditions.
Additional information
- As of December 31, 2023, the Fonds locaux network included 98 local funds.
- As of December 31, 2023, more than $115 million was available to support Québec SMEs ($29 million invested by local partners and $86 million from the Fonds de solidarité FTQ).
- As of December 31, 2023, the network reported 6,816 authorized projects and $219.3 million in authorized financing.
- As of December 31, 2023, the network reported 61,645 jobs created and retained, with projects totalling $3.3 billion in value.
Frequently Asked Questions about the FTQ — Local Funds Program
What is the FTQ — Local Funds?
The FTQ Local Funds provide Québec-based SMEs (including social economy enterprises) with financing of up to $100,000 to support local economic development and the creation or maintenance of sustainable, quality jobs. Eligible activities may include starting or buying a business, exporting, growth projects, modernization, and productivity improvements, depending on the local action plan and development priorities.
How much funding can be received?
FTQ — Local Funds Funds up to $100,000 of admissible expenses.
Who is eligible for the FTQ — Local Funds program?
To be eligible for the FTQ — Local Funds program, you must:
SME located in a territory served by a Fonds local.
Headquartered in Québec (including social economy companies).
Operates in an eligible sector per the local action plan and development priorities.
What expenses are eligible under FTQ — Local Funds?
Starting or buying a business.
Export projects.
Business growth projects.
Modernizing operations.
Improving productivity.
Where is the FTQ — Local Funds available?
The FTQ — Local Funds program is available the province of Quebec.
Is the FTQ — Local Funds a grant, loan, or tax credit?
FTQ — Local Funds is a Loans and Capital investments
Who are the financial supporters of the FTQ — Local Funds?
FTQ — Local Funds is funded by Solidarity Funds (FTQ)