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Source verified July 17, 2026
PARESAU – Component 2
Emergency funding for strategic businesses in financial distress
Funding available
$ 5,000,000
Deadline
Open continuously
Location
Quebec, Canada
Overview
Financement d'urgence pour les entreprises stratégiques offers up to $5 million, covering up to 100% of eligible expenses, to strategic Quebec for-profit businesses and social economy enterprises facing major financial difficulties. Support is provided as a loan or loan guarantee for working capital, justified operating expenses, and solutions with good medium-term profitability prospects.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Attract or retain talent
Eligible Funding
- Maximum amount : 5,000,000 $
- Up to 1% of project cost
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- Quebec
Legal structures
- Non-financial cooperative
- For-profit business
- Social economy enterprise
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Working capital financing needed to maintain operations, based on justified and reasonable expenses and on implementing solutions that demonstrate good medium-term profitability prospects.
Official resources
Eligibility
Who is eligible?
- For-profit businesses.
- Social economy enterprises within the meaning of the Act respecting social economy (RLRQ, chapter E-1.1.1).
- Applicants must be immatriculated in Quebec and carry out an activity there.
- Applicants must be in the manufacturing sector (production of goods) or a primary sector such as agriculture, mining or forestry.
Who is not eligible
- Businesses under the protection of the Companies' Creditors Arrangement Act or the Bankruptcy and Insolvency Act are not eligible.
Eligible expenses
- Working capital financing for a business in a precarious financial situation, for a limited period not exceeding three years from the application filing date, so that it can continue its activities and preserve jobs.
- Justified, reasonable and necessary expenses to maintain the company's operations and implement solutions demonstrating good medium-term profitability prospects.
Selection criteria
- Only projects that successfully pass the analysis of strategic character, the need for assistance, and the absence of negative impact on existing businesses may receive aid.
How to apply
- Contact your account manager to make a request.
- If you do not have an account manager, contact the Service d’accueil et d’information at 1 844 474-6367 or complete the form at the bottom of the page so that a manager can be assigned to your region.
Processing and Agreement
- Investissement Québec administers this program as a mandatary of the Government of Quebec, and its teams handle eligibility, analysis and decision-making.
- To ensure amounts remain available within the budget envelope, the ministère de l’Économie, de l’Innovation et de l’Énergie (MEIE) and Investissement Québec reserve the right to suspend, without notice, the filing and analysis of applications to the program.
Contacts
Other components of this program
Explore related funding streams and grants that belong to the same program.
- PARESAU – Component 1Support for strategic businesses seeking recovery solutions
- Support Program for the Retention of Strategic Enterprises and Emergency Assistance (PARESAU) – Stream 3: Support Measures for Softwood Lumber Producers and ExportersFinancing for softwood lumber duty-related liquidity needs
Frequently Asked Questions about the PARESAU – Component 2 Program
What is the PARESAU – Component 2?
Financement d'urgence pour les entreprises stratégiques offers up to $5 million, covering up to 100% of eligible expenses, to strategic Quebec for-profit businesses and social economy enterprises facing major financial difficulties. Support is provided as a loan or loan guarantee for working capital, justified operating expenses, and solutions with good medium-term profitability prospects.
How much funding can be received?
PARESAU – Component 2 Funds up to 1% of admissible expenses, capped at $5,000,000 per project.
Who is eligible for the PARESAU – Component 2 program?
To be eligible for the PARESAU – Component 2 program, you must:
The applicant must be a for-profit business or a social economy enterprise, immatriculated in Quebec and carrying out an activity there.
It must have been operating in Quebec for at least three years and have been profitable for at least one completed financial year among the last five.
It must be in the manufacturing or primary sector, be at risk of closure or show signs of closure, and be qualified as a strategic enterprise by the ministère de l’Économie, de l’Innovation et de l’Énergie (MEIE).
What expenses are eligible under PARESAU – Component 2?
Working capital financing needed to maintain operations, based on justified and reasonable expenses and on implementing solutions that demonstrate good medium-term profitability prospects.
Who can I contact for more information about the PARESAU – Component 2?
You can contact Investissement Québec (IQ) or by phone at 1 844 474-6367.
Where is the PARESAU – Component 2 available?
The PARESAU – Component 2 program is available the province of Quebec.
Is the PARESAU – Component 2 a grant, loan, or tax credit?
PARESAU – Component 2 is a Loans and Capital investments