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Source verified July 23, 2026
PARESAU – Component 2
Emergency funding for strategic businesses in financial distress
Funding available
$ 5,000,000
Deadline
Open continuously
Location
Quebec, Canada
Who can apply
For-profit businesses legally constituted under the laws of Quebec or Canada
See full eligibility
Overview
Financement d’urgence pour les entreprises stratégiques provides loans or loan guarantees of up to $5 million to strategic for-profit businesses and collective enterprises in Quebec facing major financial difficulties. It supports working capital needed to maintain operations and jobs, based on justified and reasonable 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 100% of project cost
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
- 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.
Documents Needed
- A detailed description of liquidity needs supported by a cash flow forecast and the related financing plan
- Financial statements for the last two years
- Projected financial statements showing a return to medium-term profitability, with the assumptions supporting the projections
- Partnerships, if applicable
- A declaration of compliance with employment equity or a copy of the Programme d’accès à l’égalité en emploi for a for-profit business with more than 100 employees and aid of $100,000 or more, plus any other document requested by Investissement Québec or the Ministère
Eligibility
Who is eligible?
- For-profit businesses legally constituted under the laws of Quebec or Canada
- Collective enterprises within the meaning of the Act respecting social economy whose financial viability relies more than 40% on autonomous revenue from their economic activities in the last financial year
- Applicants must be immatriculated in Quebec and carry out activities there
Who is not eligible
- Businesses operating in excluded sectors, including primary sector activities except greenhouse or equivalent cultivation, conditioning activities for a major project whose total value exceeds $10 million, and forestry operations; mining, quarrying, oil and gas extraction; real estate and leasing; construction; utilities; management of companies and enterprises; health and social assistance; educational services; public administration; finance and insurance; arts, entertainment and recreation; telecommunications; broadcasting; restaurants; and other services except retail and wholesale trade and tourism accommodation tied to a recreation tourism project
- Applicants listed, temporarily or permanently, in the Registre des entreprises non admissibles (RENA), including subcontractors listed in RENA for work related to the project
- Businesses that are not compliant with the francization process; a business with 50 employees or more in Quebec, or 25 employees or more as of June 1, 2025, for at least 6 months must hold the required OQLF certificate or valid document and must not appear on the list of non-compliant businesses
- Businesses that, in the two years before the application, failed to meet obligations after formal notice related to previous Quebec government aid; state-owned or government-controlled corporations or businesses majority-owned by one; and businesses under the protection of the Companies’ Creditors Arrangement Act or the Bankruptcy and Insolvency Act
- Businesses whose main line of business is controversial weapons, fossil fuel exploration, extraction, drilling, production or refining except activities supporting a low-carbon transition, gambling, violent games or combat sports involving living species, sexual exploitation, or tobacco and drug-related products and services, subject to the stated cannabis and industrial hemp exceptions
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.
Ineligible Costs and Activities
- Debt service, repayment of future borrowings, capital loss, capital replacement, or any payment or amount disbursed as capital
- Capital expenditures, including software acquisition and development costs and licence fees
- Acquisition or development of land
- Acquisition, construction, or expansion of a building
- Transactions between related companies or partners, and Quebec sales taxes
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, in collaboration with the Ministère, handles the administrative processing of applications.
- All authorized projects are subject to a financial assistance agreement that sets out the payment conditions and the obligations of the parties.
- Any Québec government financial commitment is valid only if sufficient appropriations are available.
- The business must notify Investissement Québec in writing without delay if it receives or accepts any other financial assistance for the project.
- The Ministère or Investissement Québec may reduce, terminate, or suspend assistance, and may suspend the filing and analysis of applications without notice to preserve the budget envelope.
Additional information
- Meeting the admissibility conditions does not guarantee funding or create an obligation for Investissement Québec and the Minister.
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 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 provides loans or loan guarantees of up to $5 million to strategic for-profit businesses and collective enterprises in Quebec facing major financial difficulties. It supports working capital needed to maintain operations and jobs, based on justified and reasonable expenses and solutions with good medium-term profitability prospects.
How much funding can be received?
PARESAU – Component 2 Funds up to 100% 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 an eligible collective enterprise, immatriculated in Quebec and carrying out activities there.
It must have operated in Quebec for at least three years, be at risk of closure or show warning signs of closure, and have been profitable for at least one of its last five completed financial years.
It must be qualified as a strategic enterprise by the Ministère de l’Économie, de l’Innovation et de l’Énergie.
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