How much funding can be received?

Funds up to 15000% of admissible expenses.

What is the deadline to apply?

The deadline to apply is 2025-03-31T00:00:00Z.

Who are the financial supporters of the Sustainable Growth Investment — Growth Support?

Sustainable Growth Investment — Growth Support is funded by La Financière agricole (FADQ), Gouvernement du Québec

What are Sustainable Growth Investment — Growth Support's eligibility criterias?

Your project must involve the construction, renovation, or improvement of a building, or the purchase of production equipment and non-self-propelled machinery. The implementation of on-farm agri-environmental projects must be part of the project scope. The project must aim to increase production volume, performance, or profitability and comply with relevant agri-food production standards.

Sustainable Growth Investment — Growth Support

Last Update: April 19, 2025

QC, Canada

Money for supply-management production in Quebec

Sustainable Growth Investment — Growth Support at a glance

Eligible Funding

Max. $15,000

Timeline

Closing date : March 31, 2025

Financing Type

Grant and Funding

Eligible Industries

Agriculture, forestry, fishing and hunting

Grant Providers

La Financière agricole (FADQ)
Gouvernement du Québec

Status

Open

Overview of the Sustainable Growth Investment — Growth Support program

Get a grant of up to $15,000 when you secure a loan guarantee of up to $150,000 from La Financière agricole for agribusiness projects related to productions other than related to beef cattle, sheep, or goat production.

Financing terms and conditions

The maximum eligible financing per business is $700,000, paid out over a three-year period.
Component 1D: Growth Support offers a maximum of $15,000 in financial assistance on a loan guarantee of up to $150,000.
Component 5D: Working capital loan provides a loan guarantee of up to $200,000 over a ten-year period with a maximum financial assistance of $30,000 over three years, and no return of capital required for the first three years.

Eligible projects & activities

Construction, renovation, or improvement of a building.
Purchase of production equipment and non-self-propelled machinery.
Initial acquisition of perennial plants or breeding stock.
Agri-environmental enhancement of cultivated land.
Work such as digging a well or a water reservoir, and developing a water supply or irrigation system.
Implementation of on-farm agri-environmental projects.

Examples of admissible projects:

$ 15,000

Launching a sustainable oyster farming project

$ 15,000

Establishment of a community organic chicken farm

$ 15,000

Implementing hydroponic lettuce farming with state-of-the-art technology

$ 15,000

Developing an urban beekeeping initiative

$ 15,000

Establishing a farm producing artisanal cheese using local milk

$ 15,000

Setting up a microbrewery specializing in organic beers

Eligibility criteria of the Sustainable Growth Investment — Growth Support program

The applicant must be an agricultural or agri-food business.
The project must involve one or more of the following: construction, renovation, or improvement of a building; purchase of production equipment and non-self-propelled machinery; initial acquisition of perennial plants or breeding stock; work aimed at agri-environmental enhancement of cultivated land; digging a well or water reservoir; development of a water supply or irrigation system; or implementation of on-farm agri-environmental projects.
The project must support productive and sustainable investments that increase production volume, performance, or profitability; comply with animal welfare and/or organic production standards or new requirements in agri-food production; improve cultivated land; or adopt agri-environmental practices.

Who is eligible?

Agricultural businesses
Agri-food businesses

Who is not eligible

Companies seeking financing for loan consolidation or secured loan conversion.
Businesses intending to use funds for share purchasing or permanent working capital financing.
Companies aiming to purchase quotas.
Businesses seeking to acquire land, residential houses, existing buildings, or to conduct transactions considered by La Financière agricole du Québec as the acquisition of all or part of a farm.
Enterprises planning to purchase assets primarily used for non-agricultural purposes, as determined by La Financière agricole du Québec.
Companies requesting funding for administrative improvements.
Businesses wishing to purchase self-propelled machinery.
Organizations looking to finance leasing contracts (lease-purchase).
Applicants intending to invest for direct asset replacement of the same asset, due to negligence, or for regular annual maintenance of buildings, machinery, or equipment.
Enterprises proposing to purchase assets belonging, in whole or in part, to a business with shared ownership, shareholders, partners, or members, directly or indirectly, with the buyer.
Businesses involved in purchasing assets stemming from mergers, demergers, or company divisions into different entities.
Entities seeking financing for current operating expenses, including administrative fees from La Financière agricole du Québec (FADQ).
Applicants aiming to finance sales taxes (GST and QST).
Companies investing outside of Québec.
Entities seeking permanent short-term financing.
Forestry companies (for the Working Capital Loan (5D) component).
Businesses undergoing recovery processes with La Financière agricole du Québec or another lender (for the Working Capital Loan (5D) component).

Eligible expenses

Construction, renovation, or improvement of a building.
Purchase of production equipment and non-self-propelled machinery.
Initial acquisition of perennial plants or breeding stock.
Work aimed at the agri-environmental enhancement of cultivated land.
Digging a well or a water reservoir, and developing a water supply or irrigation system.
Implementation of on-farm agri-environmental projects.

Eligible geographic areas

This grant is specifically for projects within Québec, as administered by La Financière agricole du Québec. Eligible geographical areas are within provincial boundaries to support localized agricultural investments.

Businesses located within Québec, Canada.

Eligibility criteria of the Sustainable Growth Investment — Growth Support program

The Sustainable Growth Investment Program provides financial assistance for productive and sustainable investments in the agricultural sector. The evaluation and selection criteria for this grant include:

Evidence of sound investment project
Demonstrated financial viability
Contribution to the sustainable development of the farm
Compliance with environmental standards

How to apply to the Sustainable Growth Investment — Growth Support program

Preliminary Consultation

Communicate with an advisor at your service center to validate the eligibility of your project for the Sustainable Growth Investment Program.
Discuss the potential savings that could result from your project.

Preparation of documents

Fill out the funding participation request form.
Gather all required documents based on the nature of your project to facilitate the analysis of your request.

Additional information

The Sustainable Growth Investment Program has been in effect since June 17, 2022, ensuring the continuity of the previous Growth Investment Program.
Financial assistance is paid out over a three-year period.
The program is divided into five distinct components, each with specific maximum amounts and eligibility requirements.
The working capital loan component (5D) is available until March 31, 2025, or until allocated funds are exhausted, whichever comes first.
Businesses are encouraged to contact an advisor at their service centre before starting their project to validate eligibility and estimate potential financial benefits.
Depending on the nature of the project, additional documents may be requested during the analysis of the financial application.
Program forms and summaries are available in PDF format for reference.