Open
Quebec City — Business Loans — Growth and Expansion
Support for the growth of established businesses
Offered by
Quebec City
Record updated
- Funding available
- $ 300,000
- Deadline
- Open continuously
- Location
- Quebec City, Quebec, Canada
- Who can apply
- Private for-profit businesses legally constituted under the government of Quebec or Canada, incorporated and operating in Quebec for at least two years.
- See full eligibility
Overview
The Business Growth and Expansion component offers repayable financing of up to 300 000 $ to private for-profit businesses and collective enterprises active in Quebec for at least two years, for projects carried out in the Quebec City agglomeration. It supports the commercialization of a new product or service, exports and the establishment of a subsidiary, as well as working capital and directly related investments.
At a glance
Funding available
- Maximum funding
- $300,000
- Automate business operations
- Increase production or service capacity
- Develop a new product or service
- Improve business energy efficiency
- Access new markets
- Launch or market a product/service
- Renovate or expand facilities
Eligible candidates
- Location
- Quebec City
- Quebec
- Eligible Industries
- All industries
- Annual revenue
- All revenue ranges
- Organisation size
- All organization sizes
- Audience
- All groups
- Legal structures
- For-profit business, Non-profit, Non-financial cooperative
Start applying for this program
Take a practical assessment to gain a clear understanding of how well this program aligns with your specific needs and long-term goals.
Availability timeline
2026
Periods: 1
Eligibility
Who is eligible?
- Private for-profit businesses legally constituted under the government of Quebec or Canada, incorporated and operating in Quebec for at least two years.
- Collective enterprises, namely cooperatives or NPOs within the meaning of the Social Economy Act, with commercial activities and operating in Quebec for at least two years.
Who is not eligible
- Applicants listed in the Register of Enterprises Ineligible for Public Contracts (RENA), including their subcontractors listed in RENA planned for the project work.
- Applicants not compliant with the francization process under the Charter of the French Language, or listed on the Register of Non-Compliant Enterprises published by the OQLF.
- State-owned enterprises, enterprises directly or indirectly controlled by a government, or enterprises majority-owned by a state-owned enterprise.
- Applicants under the protection of the Companies’ Creditors Arrangement Act or the Bankruptcy and Insolvency Act, or who have failed to meet their obligations after formal notice from the MEIE or the City of Quebec during the two years preceding the application.
- Businesses in pre-startup or turnaround situations, as well as businesses operating wholly or partly in excluded sectors unless prior exemption is granted by the MEIE: controversial weapons, fossil fuels, gambling and games of chance, violent games, sexual exploitation, real estate management and development, production, sale, or services related to the consumption of tobacco or drugs.
Eligible expenses
- Additional working capital needed to carry out the project, for a maximum period of two years.
- Capital expenditures directly related to the project, including the acquisition of technology, land, buildings, equipment, machinery, and rolling stock.
- Work directly related to the project, including construction, expansion, renovation, and site and premises development.
- Professional fees incurred before the project, such as feasibility analysis, external audit, or impact study.
- Professional fees directly related to the completion of the project, including the implementation of technology, equipment, and machinery.
Ineligible Costs and Activities
- Expenses incurred before the application is submitted.
- Debt service, repayment of upcoming loans, a capital loss, a capital replacement, a payment or amount disbursed as capital.
- Transactions between related businesses or partners.
- Research and development expenses, expenses allocated to the normal operation of the business, and applicable Quebec sales taxes.
- Investments in businesses engaged solely in subcontracting or privatization of operations, where this results in the transfer of an economic activity and jobs from one organization to another.
Eligible geographic areas
- The business head office must be in the province of Quebec.
- The project must be carried out in the Quebec City agglomeration.
Activities funded
- Development projects within an existing, profitable business.
- Commercialization of a new product or service.
- Export project.
- Business growth.
- Establishment of a subsidiary.
How to apply
- Contact the team before submitting an application and use the funding application form (PDF) for the Local Investment Fund component.
Selection criteria
- The economic viability of the funded business.
- The knowledge and experience of the promoters.
- Environmental and societal benefits.
- Openness toward workers.
- The involvement of other financial partners.
Processing and Agreement
- The City may refuse to grant financial assistance or may stop paying it if the applicant or beneficiary does not meet the high standards of integrity expected of a recipient of public funds.
Contacts
Frequently Asked Questions about the Quebec City — Business Loans — Growth and Expansion Program
What is the Quebec City — Business Loans — Growth and Expansion?
The Business Growth and Expansion component offers repayable financing of up to 300 000 $ to private for-profit businesses and collective enterprises active in Quebec for at least two years, for projects carried out in the Quebec City agglomeration. It supports the commercialization of a new product or service, exports and the establishment of a subsidiary, as well as working capital and directly related investments.
How much funding can be received?
Quebec City — Business Loans — Growth and Expansion Funds up to $300,000 of admissible expenses.
What is the deadline to apply?
The program is accepting continuous intake
Who is eligible for the Quebec City — Business Loans — Growth and Expansion program?
To be eligible for the Quebec City — Business Loans — Growth and Expansion program, you must:
Private for-profit businesses must be incorporated and operating in Quebec for at least two years.
Eligible collective enterprises must have commercial activities and be operating in Quebec for at least two years.
What expenses are eligible under Quebec City — Business Loans — Growth and Expansion?
Additional working capital needed to carry out the project, for a maximum period of two years.
Capital expenditures directly related to the project, including the acquisition of technology, land, buildings, equipment, machinery, and rolling stock.
Work directly related to the project, including construction, expansion, renovation, and site and premises development.
Professional fees incurred before the project, such as feasibility analysis, external audit, or impact study.
Professional fees directly related to the completion of the project, including the implementation of technology, equipment, and machinery.
Who can I contact for more information about the Quebec City — Business Loans — Growth and Expansion?
You can contact Quebec City by email at degp@ville.quebec.qc.ca.
Where is the Quebec City — Business Loans — Growth and Expansion available?
The Quebec City — Business Loans — Growth and Expansion program is available the province of Quebec.