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Group Entrepreneurship Capital Program - Quebec - Canada
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Group Entrepreneurship Capital Program

Supports real estate projects for Quebec social economy enterprises
Last Update: March 4, 2026
Funding available
$ 500,000
Timeline
  • Open Date : September 8, 2025
  • Closing date : October 24, 2025
Location
Quebec, Canada

Overview

The Group Entrepreneurship Capital Program (PIEC) offers up to $500,000 in non-repayable funding to support social economy enterprises in Québec with the renovation, construction, or acquisition of commercial or industrial buildings. The program aims to facilitate business development and service expansion while improving financial viability for eligible social economy organizations.
/100
Opportunity Score
Moderate potential, but conditions must align.

At a glance

Funding available

Financing goals
  • Reduce environmental footprint
  • Access new markets
  • Renovate or expand facilities
Eligible Funding
  • Maximum amount : 500,000 $
  • Up to 50% of project cost
Timeline
  • Open Date : September 8, 2025
  • Closing date : October 24, 2025

Eligible candidates

Eligible Industries
  • Finance and insurance
  • Educational services
  • Health care and social assistance
  • Arts, entertainment and recreation
  • Accommodation and food services
  • Other services (except public administration)
  • Public administration
Location
  • Quebec
Legal structures
  • Financial cooperative
  • Non-profit
  • Public or Parapublic institution
  • Social economy enterprise
  • Non-financial cooperative
Annual revenue
  • From $ 100,000 to $ 10,000,000 in revenue
Organisation size
  • All organization sizes
Audience
  • Startups
Non-profit candidates
Sector of operation
  • Economic, Social and Community Development
Target groups
  • Business owners / entrepreneurs
  • Nonprofits / charities
Revenue structures
  • Mixed revenue (50%+ earned)
Scope
  • Provincial

Next steps

1
Determine your project
2
Validate your eligibility

Activities funded

  • Renovation, improvement, restoration, or bringing up to code of a building used for the production, sale, or delivery of goods and services.
  • Construction, expansion, conversion, or rebuilding of a building serving business or service delivery purposes.
  • Acquisition of a building intended for commercial or industrial activities.

Eligibility

Who is eligible?

  • Social economy enterprises (as defined by Quebec's Social Economy Act), such as cooperatives, mutuals, and non-profit organizations with commercial activities
  • Organizations from all sectors are eligible, except for financial and insurance services, animal services, and beverage service establishments

Who is not eligible

  • Companies in the financial services and insurance sectors.
  • Businesses providing animal services.
  • Bars and businesses whose main activity is serving alcoholic beverages (with limited exceptions for manufacturers).
  • Subsidiaries of social economy enterprises, regardless of their legal structure.
  • Social economy enterprises related to for-profit businesses, unless the for-profit entity is subordinate to the social economy enterprise.
  • Professional or employer associations, religious organizations, unions, chambers of commerce, political parties, public or private foundations, trusts, sports teams, student associations, and private educational institutions (primary, secondary, post-secondary levels).
  • Enterprises that have already received funding from this program since April 1, 2025.
  • Businesses with primary activities in weapons, fossil fuels (except clean transition), gambling, violent sports, sexual exploitation, tobacco or drug-related services (with specific exceptions for Health Canada-approved products).

Eligible expenses

  • Costs for bringing buildings up to standard, expansion, renovation, construction, or acquisition, including the purchase and installation of permanent (immovable) equipment.
  • Purchase and installation of amortizable movable equipment (up to 40% of eligible expenses).
  • Land acquisition costs (for building construction projects).
  • Costs related to building-associated infrastructure (e.g., septic system, water connection) and exterior landscaping.
  • Preparatory studies.
  • Professional fees (e.g., architecture, engineering, surveying, notarial services, specialized firms for asbestos and materials control).
  • Eco-construction costs (e.g., geothermal systems).
  • Costs related to the integration of arts into architecture, as required by the applicable policy.

Eligible geographic areas

  • Quebec

Additional information

  • Incomplete applications or those not meeting program criteria will be refused, but revised applications may be resubmitted if the call for projects is still open.
  • All sources of project financing must be confirmed by at least letters of interest for funding to be granted.
  • The organization’s website must have a French version to comply with language requirements.
  • Applicants must remain owner of the assisted property for at least three years after project completion, or the grant must be repaid in full.

Contacts

Frequently Asked Questions about the Group Entrepreneurship Capital Program Program

Here are answers to the most common questions about the Group Entrepreneurship Capital Program. 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 Group Entrepreneurship Capital Program?

The Group Entrepreneurship Capital Program (PIEC) offers up to $500,000 in non-repayable funding to support social economy enterprises in Québec with the renovation, construction, or acquisition of commercial or industrial buildings. The program aims to facilitate business development and service expansion while improving financial viability for eligible social economy organizations.

How much funding can be received?

Group Entrepreneurship Capital Program Funds up to 50% of admissible expenses, capped at $500,000 per project.

What is the deadline to apply?

The application deadline for this grant program was October 24, 2025.

Who is eligible for the Group Entrepreneurship Capital Program program?

To be eligible for the Group Entrepreneurship Capital Program program, you must: Must be a social economy enterprise registered in Quebec. Annual total revenues between $100,000 and $10 million. At least 40% of revenues from autonomous economic activities.

What expenses are eligible under Group Entrepreneurship Capital Program?

Renovation, improvement, restoration, or bringing up to code of a building used for the production, sale, or delivery of goods and services. Construction, expansion, conversion, or rebuilding of a building serving business or service delivery purposes. Acquisition of a building intended for commercial or industrial activities.

Who can I contact for more information about the Group Entrepreneurship Capital Program?

You can contact Investissement Québec (IQ) by email at integrationdesarts@mcc.gouv.qc.ca or by phone at 1-844-474-6367.

Where is the Group Entrepreneurship Capital Program available?

The Group Entrepreneurship Capital Program program is available the province of Quebec.