Open
FTQ — Local Funds
Local financing for Quebec SMEs to start, grow, and modernize
Last Update: March 3, 2026
Funding available
$ 100,000
Timeline
- Open continuously
Location
Quebec, Canada
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
- Complete an acquisition or business transfer
- Optimize production processes
Eligible Funding
- Maximum amount : 100,000 $
Timeline
- Open continuously
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.
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).
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
Here are answers to the most common questions about the FTQ — Local Funds. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
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)