Capitalization of Social Economy Enterprises (CAES) — Stream 1
QC, Canada
grant_single|update March 19, 2025
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|fromMinToMax
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|grantStatusClosed
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- Other services (except public administration)
- Public administration
grant_single|grantors
- Investissement Québec (IQ)
grant_single|status
grant_card_status|closed
grant_single_labels|terms_and_conditions
- The maximum aid rate is 35% of eligible expenses.
- The minimum amount of aid is $25,000.
- The maximum amount of aid is $1,000,000.
- Cumulative government aid can cover up to 90% of eligible expenses.
- For funding exceeding $200,000, the presence of another partner in quasi-equity is mandatory.
grant_single_labels|projects
- Startup business project with capitalization support.
- Business development and expansion project with capitalization support.
- Business recovery project in a context of viability or requiring consolidation with capitalization support.
grant_single|admissibleProjectsExample
$ 16,000
Launching a community art studio for local creatives
$ 54,000
Developing a mobile composting service for urban residents
$ 32,000
Creating an inclusive coworking space for tech startups
$ 20,000
Creating an educational garden focused on indigenous plant species
$ 12,000
Implementing a digital marketing strategy for local artisans
$ 20,000
Establishing a renewable energy workshop for youth education
grant_single_labels|admissibility
- The applicant must be a nonprofit organization (NPO) or a cooperative, federation, or confederation of cooperatives, excluding worker-shareholder cooperatives (CTA).
- Applicants can also be for-profit enterprises based in Quebec, which are subsidiaries or subsidiaries of subsidiaries, controlled majority by one or more cooperatives or nonprofit organizations.
- The enterprise must have a total asset value of $100 million or less.
grant_eligibility_criteria|who_can_apply
- Non-profit organizations (NPOs)
- Cooperatives, federations, or confederations of cooperatives, except worker-shareholder cooperatives (CTAs)
- For-profit enterprises located in Quebec that are subsidiaries or subsidiaries of subsidiaries, primarily controlled by one or more cooperatives or NPOs
grant_eligibility_criteria|who_cannot_apply
- Cooperatives of worker shareholders (CTA).
- Companies with a total value of assets exceeding 100 million dollars.
grant_eligibility_criteria|eligible_expenses
- Capital expenditures incurred as part of a capitalization support project.
grant_eligibility_criteria|zone
- Quebec
grant_single_labels|otherInfo
- The program is currently suspended as of December 6, 2024, to ensure fund availability for contractual commitments.
- New applications are not being accepted until further notice to manage budgetary allocations effectively.
- For funding exceeding $200,000, the involvement of another quasi-equity partner is mandatory.
