Open
Source verified August 24, 2026
Quebec City — Business Loans — Improvement and Transformation
Support for modernization and digital transformation of businesses
Offered by
Funding available
$ 300,000
Deadline
Open continuously
Location
Quebec, Canada
Who can apply
Private for-profit companies legally incorporated under the Government of Quebec or Canada, and incorporated.
See full eligibility
Overview
Business improvement and transformation supports private for-profit incorporated companies and collective enterprises active in Quebec for at least one year, for projects carried out in the Quebec City agglomeration. The loan supports productivity improvement, digital transformation, sustainable organizational practices and the purchase or renewal of equipment.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Increase production or service capacity
- Implement environmental initiatives
Eligible Funding
- Maximum amount : 300,000 $
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- Quebec
Legal structures
- For-profit business
- Non-profit
- Non-financial cooperative
- Social economy enterprise
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Non-profit candidates
Sector of operation
- All industries
Target groups
- All the groups
Revenue structures
- All structures
Scope
- All dimensions
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Implementation of investment projects aimed at improving productivity.
- Implementation of investment projects aimed at digital transformation.
- Implementation of sustainable organizational practices.
- Purchase and renewal of equipment.
Eligibility
Who is eligible?
- Private for-profit companies legally incorporated under the Government of Quebec or Canada, and incorporated.
- Collective enterprises, meaning cooperatives or NPOs within the meaning of the Social Economy Act.
Who is not eligible
- Applicants registered in the Register of Enterprises Ineligible for Public Contracts (RENA), including subcontractors registered in RENA planned for project work.
- Applicants non-compliant with the francization process or listed on the List of Enterprises Non-Compliant with the Francization Process of the OQLF.
- Applicants who have failed to meet their obligations, after formal notice, in the two years preceding the application, in connection with prior financial assistance from the MEIE or the City of Quebec.
- State-owned enterprises, companies directly or indirectly controlled by a government, enterprises majority-owned by a state-owned enterprise, as well as enterprises under the protection of the CCAA or the Bankruptcy and Insolvency Act.
- Enterprises with unethical conduct regarding ethics, the environment, labor or human rights, as well as those operating, in whole or in part, in the excluded sectors: pre-startup or turnaround, controversial weapons, fossil fuels, gambling and games of chance, violent games, sexual exploitation, real estate management and development, tobacco or drugs, with the exceptions provided for cannabis and industrial hemp.
Eligible expenses
- Additional working capital required for the project, for a maximum period of two years.
- Capital expenses directly related to the project, notably the acquisition of technology, land, buildings, equipment, machinery and rolling stock, as well as the construction, expansion, renovation and development of land and premises.
- Professional fees prior to the project, such as feasibility analysis, external audit or impact study.
- Professional fees directly related to the implementation of the project, such as the deployment of technology, equipment and machinery, as well as the acquisition, construction, renovation and development of land and premises.
Ineligible Costs and Activities
- Expenses incurred before the application is submitted.
- Debt service, repayment of upcoming loans, capital loss, capital replacement, or disbursement paid as capital.
- Transactions between related businesses or partners.
- Research and development expenses, expenses related to the normal operation of the business and applicable Quebec sales taxes.
- Investments in activities aimed solely at subcontracting or privatizing operations, when they move an economic activity and jobs from one organization to another.
Eligible geographic areas
- The company's headquarters must be in the province of Quebec.
- The project must be carried out in the Quebec City agglomeration.
Selection criteria
- Economic viability of the funded company.
- Knowledge and experience of the promoters.
- Environmental and social impacts.
- Openness toward workers.
- Subcontracting and privatization of operations, as well as participation by other financial partners.
How to apply
- Contact the team before submitting an application.
- Consult the funding application form to learn about the required documents and submission terms.
Contacts
Frequently Asked Questions about the Quebec City — Business Loans — Improvement and Transformation Program
What is the Quebec City — Business Loans — Improvement and Transformation?
Business improvement and transformation supports private for-profit incorporated companies and collective enterprises active in Quebec for at least one year, for projects carried out in the Quebec City agglomeration. The loan supports productivity improvement, digital transformation, sustainable organizational practices and the purchase or renewal of equipment.
How much funding can be received?
Quebec City — Business Loans — Improvement and Transformation Funds up to $300,000 of admissible expenses.
Who is eligible for the Quebec City — Business Loans — Improvement and Transformation program?
To be eligible for the Quebec City — Business Loans — Improvement and Transformation program, you must:
Private for-profit company incorporated in Quebec or Canada.
Private company operating in Quebec for at least one year.
Collective enterprise, cooperative or NPO, with commercial activities and operating in Quebec for at least one year.
What expenses are eligible under Quebec City — Business Loans — Improvement and Transformation?
Implementation of investment projects aimed at improving productivity.
Implementation of investment projects aimed at digital transformation.
Implementation of sustainable organizational practices.
Purchase and renewal of equipment.
Who can I contact for more information about the Quebec City — Business Loans — Improvement and Transformation?
You can contact Quebec City by email at degp@ville.quebec.qc.ca.
Where is the Quebec City — Business Loans — Improvement and Transformation available?
The Quebec City — Business Loans — Improvement and Transformation program is available the province of Quebec.
Is the Quebec City — Business Loans — Improvement and Transformation a grant, loan, or tax credit?
Quebec City — Business Loans — Improvement and Transformation is a Loans and Capital investments