Group Entrepreneurship Capital Program

• Application form for financial assistance submitted online via clicSÉQUR, and the board representative identification and consent form.
• Proof of francization compliance for enterprises with 25 employees or more, and the declaration of compliance with the Programme d’accès à l’égalité en emploi for for-profit businesses with more than 100 employees and requested aid of $100,000 or more.
• Last annual activity report or minutes of the most recent annual general meeting, articles of incorporation, bylaws, annual financial statements for the last two years, and projected results and balance sheet for two years.
• Financing confirmation letters covering 90% of the private financing, documents showing filings to subsidy programs, and documents confirming the company’s equity contribution.
• Documents demonstrating at least 80% of the work cost, such as a professional appraisal, service offers, quotes, or a conditional purchase offer.

Who is eligible?

• Social economy enterprises

Who is not eligible

• Financial and insurance services
• Animal services
• Beverage outlets
• Subsidiaries of social economy enterprises, and social economy enterprises related to a for-profit business unless the for-profit business is subordinate
• Professional associations, employer associations, religious organizations, unions, chambers of commerce, political parties, public and private foundations under the Income Tax Act (Canada), trusts, sports teams, student associations, and private primary, secondary, and post-secondary educational institutions

Eligible expenses

• Building renovation, construction, acquisition, and related permanent equipment
• Amortizable movable equipment
• Land, site infrastructure, and exterior landscaping
• Preparatory studies and professional fees
• Eco-construction and art integration costs

Ineligible Costs and Activities

• Projects targeting housing of any type, accommodation in the health and social services sector, including care for seniors, childcare services, or immovable assets exclusively for an animal clientele.
• Projects that do not mainly involve the acquisition, construction, or renovation of commercial or industrial buildings.
• Projects where connected infrastructure costs, exterior landscaping costs, and the purchase and installation of amortizable movable equipment exceed 50% of total expenses.
• Projects aimed at buying out a business.
• Projects over $10 million, projects receiving total government grants of $2 million or more excluding PIEC, or projects whose financing is not confirmed at 90% by at least letters of intent or interest.

• Interregional equity in the distribution of the available budget envelope, taking the assigned scores into account.

• Consult the page Comment inscrire une entreprise à clicSÉQUR to open a clicSÉQUR – Entreprises account, if you do not already have one.
• Register for the services offered by the Ministry.
• Submit the application via clicSÉQUR during the application period.

• Incomplete or non-compliant applications are refused upon receipt.
• Investissement Québec handles admissibility, analysis, and decision, and determines which program applies to the submitted project.
• If the project receives a positive recommendation, the arts integration form must be sent to the Ministry of Culture and Communications to confirm eligibility.
• Proof of that confirmation is required at final disbursement.

• Creating a clicSÉQUR – Entreprises account can take up to four weeks.
• Investissement Québec administers the program on behalf of the Government of Quebec.
• The Ministry of the Economy, Innovation and Energy and Investissement Québec reserve the right to suspend application intake and analysis without notice to protect the budget envelope.