services for entrepreneurs
funding resources
financing your business can be a real challenge if you don't know what your options are. fortunately, we've outlined some of the options available to help you find your way.
To better understand the various terms used in connection with financing your business, check out our glossary.
Funding Opportunities for Your Business
Innovative Solutions Canada
what: funding of up to $150,000 for the first phase, with the possibility of $1 million to develop a prototype if the project is selected.
For whom: innovative companies in the pre-commercial phase whose products can be tested in a real-world environment
Innovative Solutions Canada offers the Challenge and Pilot tracks to support businesses and SMEs. Innovative solutions can lead to funding to develop a proof of concept, create a prototype, and possibly even secure a contract with the Government of Canada as the lead purchaser.
Créavenir
what: line of credit (max. $15,000), business credit card (max. $1,000) and grant (max. $5,000)
For whom: Entrepreneurs aged 18 to 39 who are starting, taking over, or have owned a business for less than 3 years.
Créavenir, offered by Desjardins Entreprises, provides financing to young entrepreneurs who lack the collateral or down payment needed to secure conventional financing.
*Please note that on the Island of Montreal, Créavenir's services have now been expanded.
Evol
what: loans from $20,000 to $450,000
For whom: entrepreneurs in the startup, growth, or acquisition/takeover phases with an impact-driven project
Evol provides financing to impact-driven businesses with diverse and inclusive ownership structures in the form of conventional loans, along with support tailored to the realities of entrepreneurs.
The Hive
what: participatory funding campaign with the possibility of additional funding in the form of a grant, loan or subsidy
For whom: entrepreneurs and organizations with a specific project who wish to validate a market or raise awareness of their initiative
La Ruche supports the development of projects that boost the economy, visibility, and vitality of Quebec’s regions through a local crowdfunding platform.
Guides and Research Tools for Funding
Espace CDPQ's partner funds
high-quality venture capital investors
by: Espace CDPQ
Espace CDPQ is convinced that innovative companies in Quebec must have access to investment capital, support, expertise, and structured networks in order to accelerate their growth and international expansion.
Directory of Investors in Quebec
by: Réseau Capital
The investor directory brings together more than 270 active investors in the Quebec market on a single platform. It’s the perfect place to learn more about the venture capital funds available to support your company’s growth.
Government of Canada Business Assistance Search Tool
by: Innovation Canada
Innovation Canada has developed a search tool to help your business find the programs and services available to support its growth.