Open
Source verified March 4, 2026
Funding available
$ 50,000 - $ 500,000
Deadline
Open continuously
Location
Quebec, Canada
Overview
The Mosaic Fund provides up to $500,000 in direct loans to support the growth and succession of businesses owned by members of Quebec’s cultural communities. Funding is available for equipment purchases and working capital needs in all sectors, including production, transformation, commerce, and services.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Complete an acquisition or business transfer
Eligible Funding
- Maximum amount : 500,000 $
- Minimum amount : 50,000 $
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- Quebec
Legal structures
- For-profit business
- Social economy enterprise
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Other Racialized Persons
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Business growth projects within Quebec's cultural communities.
- Succession projects involving the acquisition of an existing business.
- Expansion initiatives across production, transformation, commerce, and service sectors.
Eligibility
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
How to apply
- Step 1: Gather Required Documentation
- Prepare your CV and those of key individuals in your business.
- Compile information on your company’s current and planned activities.
- Provide a description of your company's development outlook.
- Detail your specific financing needs and outline the intended use of the loan.
- Collect your company’s financial statements.
- Draft three-year financial forecasts.
- Prepare a description of ongoing contracts (clients, suppliers, partners, employees, or others).
- Specify the loan amount you wish to request.
- Step 2: Submit Application
- Email your completed documentation and application materials to info@fondsmosaique.com.
- If needed, contact the Fonds Mosaïque by phone at 1 888 525-2075 for assistance or clarification.
- Step 3: Follow-Up Communications
- Correspond with the designated portfolio manager at Filaction as needed for further information or to address questions regarding your application.
Additional information
- 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.
Contacts
Frequently Asked Questions about the Mosaic Fund Program
What is the Mosaic Fund?
The Mosaic Fund provides up to $500,000 in direct loans to support the growth and succession of businesses owned by members of Quebec’s cultural communities. Funding is available for equipment purchases and working capital needs in all sectors, including production, transformation, commerce, and services.
How much funding can be received?
Mosaic Fund Funds up to $500,000 of admissible expenses.
Who is eligible for the Mosaic Fund program?
To be eligible for the Mosaic Fund program, you must:
The business must be owned by an individual from a Quebec cultural community.
The business must be incorporated for-profit or a social economy enterprise in development and growth phase.
The business must demonstrate growth potential.
What expenses are eligible under Mosaic Fund?
Business growth projects within Quebec's cultural communities.
Succession projects involving the acquisition of an existing business.
Expansion initiatives across production, transformation, commerce, and service sectors.
Who can I contact for more information about the Mosaic Fund?
You can contact Filaction by email at info@fondsmosaique.com or by phone at 1-888-525-2075.
Where is the Mosaic Fund available?
The Mosaic Fund program is available the province of Quebec.
Is the Mosaic Fund a grant, loan, or tax credit?
Mosaic Fund is a Loans and Capital investments