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Group Entrepreneurship Capital Program - QC - Canada

Group Entrepreneurship Capital Program

Last Update: September 8, 2025
QC, Canada
Supports real estate projects for Quebec social economy enterprises

At a glance

Eligible Funding
  • Max. $500,000
  • Up to 50% of project cost
Timeline
  • Open Date : September 8, 2025
  • Closing date : October 24, 2025
Financing Type
Grant and Funding
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
Funds Providers
Program status
Open

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.

Financing terms and conditions

  • Non-repayable financial contribution covering up to 50% of eligible project expenses, with a maximum of $500,000 per project.
  • Total government aid, including this grant, must not exceed 80% of the eligible project expenses.
  • No funding will be provided for cost overruns beyond the approved project budget.

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.
Examples of admissible projects:
$ 100,000
Renovating a community center to enhance its services and sustainability features
$ 175,000
Constructing a new facility for a cooperative bakery to increase production capacity
$ 85,000
Renovating an incubator space for local start-ups to enhance business services
$ 105,000
Expanding a non-profit daycare center to accommodate more children and increase accessibility
$ 250,000
Acquisition of a building to establish a cooperative workspace for freelancers and small businesses
$ 250,000
Acquiring a new building for a non-profit theater company to expand its outreach programs

Eligibility

  • The applicant must be a social economy enterprise as defined by Quebec law, including cooperatives, non-profit organizations (NPOs), or mutuals.
  • The company must derive more than 40% of its total revenue from self-generated economic activities during the last fiscal year.
  • The business must be incorporated (registered) in Quebec, operate an establishment there, and conduct active business activities in Quebec, regardless of the incorporating jurisdiction.
  • The applicant’s total annual revenue must be at least $100,000 and at most $10 million.
  • For startups in operation for less than 2 years, a business plan or project summary and 24-month financial projections must demonstrate that the 40% threshold and revenue conditions will be met by project completion.

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

Selection criteria

  • Quality of the financial structure, including complementarity with other available private and public funding sources (15 points).
  • Demonstration that the non-repayable financial contribution from the program is essential for project realization (15 points).
  • Clear demonstration of the project's medium- or long-term financial viability (10 points).
  • Organizational capacity to successfully carry out the project, including relevant expertise and experience (10 points).
  • General quality of the project, including coherence, realistic timeline, and reasonable costs (10 points).
  • Importance of the project for the development or maintenance of the organization’s activities, and its alignment with the company's vision and strategy (unspecified points, included in the remaining points).
  • Socioeconomic benefits generated, such as job creation, community impact, and economic leverage (included in overall evaluation criteria).
  • Project’s eco-responsibility, including energy consumption reduction or responsible waste management (included in overall evaluation criteria).
  • Consideration for interregional equity in the allocation of funding (included in overall evaluation criteria).

How to apply

1

Verify program eligibility

  • Verify if your enterprise is eligible for the DEPART program
  • Consult the program comparison table to prioritize the right program
2

Read the application guide

  • Read the application guide thoroughly
  • Understand documentation and requirements for eligibility
3

Prepare required documentation

  • Gather all required documents, including financial statements, business plan, statutes, and letters of financial confirmation
  • Prepare the detailed description of your company and project
  • Ensure compliance with any language or other legal requirements
4

Complete and review the application

  • Complete the online application form via clicSÉQUR
  • Include all necessary supporting documents
  • Review the assembled application for completeness
5

Submit your application online

  • Submit your application on the Investissement Québec portal
  • Receive automated acknowledgement of receipt
6

Provide additional information if requested

  • Respond promptly to any requests for additional information or documents
  • Track the progress and notifications about your application

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

integrationdesarts@mcc.gouv.qc.ca
1-844-474-6367
QC, Canada
Apply to this program

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?

How much funding can be received?

What expenses are eligible under Group Entrepreneurship Capital Program?

What is the deadline to apply?

Is the Group Entrepreneurship Capital Program a grant, loan, or tax credit?

Who are the financial supporters of the Group Entrepreneurship Capital Program?

Who is eligible for the Group Entrepreneurship Capital Program program?

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

Where is the Group Entrepreneurship Capital Program available?

Are startups eligible for the Group Entrepreneurship Capital Program program?

Apply to this program

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