How much funding can be received?

Funds up to 35% of admissible expenses, capped at $1000000 per project.

What is the deadline to apply?

The deadline to apply is not specified.

Who are the financial supporters of the Capitalization of Social Economy Enterprises (CAES) — Stream 1?

Capitalization of Social Economy Enterprises (CAES) — Stream 1 is funded by Investissement Québec (IQ)

What are Capitalization of Social Economy Enterprises (CAES) — Stream 1's eligibility criterias?

The company must be a non-profit organization, cooperative, federation or confederation of cooperatives, except worker-shareholder cooperatives (CTA). The company must be a for-profit entity with an establishment in Quebec that is a subsidiary, or a subsidiary of a subsidiary, controlled primarily by one or more cooperatives or non-profit organizations. The total asset value of the company must be $100 million or less.

Capitalization of Social Economy Enterprises (CAES) — Stream 1

grant_single|update May 13, 2025

QC, Canada

Financial support for social economy enterprise capitalization projects

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Grant and Funding

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Other services (except public administration)
Public administration

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Investissement Québec (IQ)

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The Capitalization of Social Economy Enterprises (CAES) — Stream 1 provides up to $1,000,000 in funding to support the capitalization needs of eligible non-profit organizations, cooperatives, and certain subsidiaries in Quebec. The program aims to finance business start-up, development, expansion, and restructuring projects, including all associated capital expenditures.

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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.

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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.

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$ 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

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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.

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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

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Cooperatives of worker shareholders (CTA).
Companies with a total value of assets exceeding 100 million dollars.

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Capital expenditures incurred as part of a capitalization support project.

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Quebec

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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.