grant_single_labels|summary

grant_single|eligibleFinancing
  • grant_single|maxCount
grant_single|deadlines
  • grant_single|closingDate March 31, 2025
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
  • Agriculture, forestry, fishing and hunting
grant_single|grantors
  • Gouvernement du Québec
  • La Financière agricole (FADQ)
grant_single|status
grant_card_status|open

grant_single_labels|preview

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.

grant_single_labels|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.

grant_single_labels|projects

  • 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.
grant_single|admissibleProjectsExample

$ 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

Establishing a farm producing artisanal cheese using local milk

$ 15,000

Developing an urban beekeeping initiative

$ 15,000

Setting up a microbrewery specializing in organic beers

grant_single_labels|admissibility

  • 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.

grant_eligibility_criteria|who_can_apply

  • Agricultural businesses
  • Agri-food businesses

grant_eligibility_criteria|who_cannot_apply

  • 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).

grant_eligibility_criteria|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.

grant_eligibility_criteria|zone

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.

grant_single_labels|criteria

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

grant_single_labels|apply

1
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.
2
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.

grant_single_labels|otherInfo

  • 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.

grant_single_labels|documents

Sustainable Growth Investment — Growth Support

grant_single_labels|contact

1-800-749-3646

Apply to this program

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