Mosaic Fund

• Direct loans ranging from $50,000 to $500,000 per eligible project.
• Repayment through regular, typically monthly, instalments.
• Guarantees may be required based on project risk and the value of financed assets.

• The applicant must be a legal adult from one of Quebec's cultural communities.
• The business must be incorporated as a for-profit or a social economy enterprise.
• The business must be in development and experiencing growth in revenue.
• The applicant must be an experienced manager.
• The business must be able to demonstrate potential for further growth.

Who is eligible?

• Businesses from all sectors of activity
• Growth-oriented companies
• Businesses involved in production
• Businesses involved in transformation
• Companies operating in commerce and services

Eligible expenses

• Purchase of equipment for business operations.
• Working capital needs to support business growth.

Eligible geographic areas

• Businesses located in Quebec

• Guarantees may be required, depending on the risk and nature of the project, such as guarantees on financed assets with resale value.
• Successful applicants are required to adhere to ongoing financial monitoring.
• Applicants must provide CVs for themselves and key company personnel when applying.
• Applicants should include details of current contracts (clients, suppliers, partners, employees, or others) as part of the documentation.