Capitalization of Social Economy Enterprises (CAES) — Stream 1

• 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.

• 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.

Who is eligible?

• 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

Who is not eligible

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

Eligible expenses

• Capital expenditures incurred as part of a capitalization support project.

Eligible geographic areas

• Quebec

• 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.