Finance your growth

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1. Federal programs

Aboriginal Business and Entrepreneurship Development

Indigenous and Northern Affairs Canada

If you are Aboriginal or have a majority-owned Aboriginal business, you can apply for up to $99,999 to help you:

  • Start or buy a business
  • Develop a business plan
  • Grow your existing business
  • Market your product or service
  • Develop new products or processes
  • Get business advice

You do not need to pay the money back. Conditions apply.

Before applying, contact a business development officer in your region to discuss your project.

Automotive Innovation Fund

Innovation, Science and Economic Development Canada

If you have an incorporated automotive business, you could get funding to build greener, more fuel-efficient vehicles through innovation and R&D.

Proposals will be assessed based on innovation, environmental and economic benefits, your ability to achieve stated objectives, and the project's contribution to:

  • Automotive R&D capacity and knowledge-based jobs in Canada
  • Long-term economic benefit to Canada, including significant job creation/retention
  • The potential to attract further investments to foster Canadian competitiveness

Eligible projects must have a total private sector investment valued at more than $75 million over five years.

Other conditions apply.

BDC business loans

Business Development Bank of Canada

Whether you are launching a business or looking to expand and grow an existing one, you could get a term loan to help you:

  • Start or buy a business
  • Buy, build or renovate your facilities
  • Buy equipment
  • Research and develop new products
  • Develop new markets for your products
  • Acquire information and communications technology
  • Sell your business

The loan comes with flexible terms.

You may need to provide credit references and to have invested money in your business. Other conditions apply.

BDC Capital

Business Development Bank of Canada

Access a wide range of specialized financing to match the various stages of growth of your business, such as:

  • Transforming your ideas into a business
  • Growth initiatives such as R&D, and product and market development
  • Buying or transferring a business, including family successions, management and partner buyouts, and management buy-ins

Options include:

  • Venture capital
  • Customized growth and business transition capital

Terms and conditions may be tailored to meet your unique needs.

BDC Small Business Loan — for existing business

Business Development Bank of Canada

Keep your cash flow. Rather than using the money you need for day-to-day activities, consider applying for additional financing. With the BDC Small Business Loan, you could get up to $50,000 within 5 business days, without fees or hassles. The entire process is completed online.

You need to have been operating your business for the past 24 months.

Other conditions apply.

BDC Working capital term loan

Business Development Bank of Canada

Do you need more working capital to help you grow your business?

You could get a loan to:

  • Boost inventory
  • Take advantage of suppliers' discounts
  • Complement your line of credit

Other conditions apply.

BDC Xpansion Loan

Business Development Bank of Canada

If you are looking to expand into new domestic or foreign markets, this loan could provide you with funding to:

  • Invest in technology or develop new products
  • Launch a new marketing campaign
  • Purchase licenses, patents or trademarks
  • Hire and train additional employees
  • Obtain a certification

Other conditions apply.

Canada Book Fund

Canadian Heritage

If your business publishes books, you may qualify for a financial contribution to:

  • Produce, market and distribute Canadian-authored books
  • Publishing and technology internships
  • Business planning activities

To qualify, your business must be Canadian-owned and controlled. Other conditions apply.

Canada Feature Film Fund

Telefilm Canada

If your film production business is a Canadian-owned and controlled corporation, you may be eligible for financial assistance.

Funding is available through a variety of programs, including the following:

  • Development Program
  • Production Program
  • Marketing Program
  • Theatrical Documentary Program
  • International Marketing and Festival Participation Program

Various Canadian content conditions apply. See the website for financing details. You may submit your application online at any time during Telefilm's fiscal year.

Canada Media Fund

Canada Media Fund

If you are involved in the Canadian television or digital media industries, you may be eligible for funding. You can browse through a variety of programs that can help you create and promote software applications and other creative media.

There are two streams:

  • Experimental – for digital media content and application software that is innovative and interactive
  • Convergent – for convergent television and rich, interactive digital media content; support is given to production in all regions of Canada, and to underrepresented genres

Conditions apply.

Canada Periodical Fund

Canadian Heritage

If you publish a Canadian magazine in print or in digital format, or a non-daily Canadian newspaper, you could get money to help you produce and distribute it.

Your company needs to be:

  • Located in Canada
  • Registered or incorporated in Canada
  • Owned and controlled, in majority, by Canadians

You can apply to the “Aid for publishers” stream, the “Business Innovation” stream or the "Collective Initiatives" stream. Funding will depend on which one you choose.

Other conditions apply.

See the separate applicant guides for details.

Canada Small Business Financing Program

Innovation, Science and Economic Development Canada

This program could help you secure up to $1 million from a financial institution by sharing the risk with your lender.

The loans can be used to:

  • Purchase or improve land or buildings
  • Purchase leasehold improvements or improve leased property
  • Purchase new or used equipment

Eligible small businesses should have annual gross revenues of no more than $10 million.

Discuss your business needs with a financial officer at any bank, caisse populaire, or credit union in Canada. Find a lender near you.

Canada-India Research Centre of Excellence

Government of Canada

If you form a network of key individuals and organizations from Canada and India, interested in collaborative research activities, you can enter a competition that will result in one Centre receiving funding of up to $13.8 million over five years.

To apply, you must be a Canadian researcher eligible to receive funding from key partners.

Proposals are evaluated based on these equally-weighted criteria:

  • Management of the network
  • Networking and partnerships
  • Knowledge mobilization and exchange
  • Development of highly qualified personnel
  • Excellence of the research program

A Notification of Intent is required.

Canadian Agricultural Loans Act program

Agriculture and Agri-Food Canada

If you are an agricultural producer, this program could help you get a loan from a bank, a credit union or a caisse populaire.


  • Existing farmers
  • Beginning or start-up farmers
  • Farmers taking over the family farm
  • Agricultural co-operatives

Loans are limited to a maximum of:

  • $500,000 for land and construction
  • $350,000 for all other loan purposes

Apply directly through your lending institution.

Other conditions apply.

CanExport Program

Global Affairs Canada

You could get up to $99,999 to reimburse up to 50% of eligible expenses to promote your business in new international markets. Your for-profit business must:

  • Be incorporated or a limited liability partnership
  • Employ between one and 250 full-time employees
  • Have an annual revenue between $200,000 and $50 million

Eligible activities include:

  • Business travel
  • Trade fairs
  • Market research
  • Marketing tools updates
  • Legal fees for distribution or representation agreements

Eligible expenses include travel costs and contractor or consultant fees.

Other conditions apply.

Community Futures Program

Canada Economic Development for Quebec Regions

If you live in a rural area or in a region that doesn't have many job opportunities, you may be able to get a loan to start or grow a business. The amount of funding available and the eligibility criteria depend on the region where you live.

You will need to create a business plan and describe any financing you have received or expect to receive through any other government or municipal program. The funding is a loan that must be repaid.

FACTOR funding for the sound recording industry

Foundation Assisting Canadian Talent on Recordings

As a Canadian recording artist, song-writer, artist manager, record label owner, music publisher, distributor, or event producers of English language content, you could qualify for funding.

Eligible activities include:

  • Sound recording
  • Business development
  • Marketing and promotion
  • Business travel and tours
  • Creation of a music video
  • Workshops for songwriters

Depending on the program, the funding:

  • Comes in the form of grants, or a combination of loans and grants
  • Provides maximum amounts that range from $750 to $200,000
  • Generally covers up to 50% of the cost of eligible activities

Other conditions apply.

Farm Credit Canada — loans and lending options

Farm Credit Canada

Do you need financing to start, run, grow, or transfer an agri-food or agribusiness operation? Farm Credit Canada offers a large range of loans with unique terms that can help you:

  • Purchase or improve land, buildings or equipment
  • Buy crop inputs or livestock
  • Make environmental improvements
  • Transfer your business to a new operator

Eligible producers or business owners are Canadian citizens of legal age.

Grant programs for artists

Canada Council for the Arts

If you are a professional artist involved in dance, inter-arts, media arts, music, theatre, visual arts or writing and publishing, you can apply for a grant to help cover costs related to activities such as:

  • Creation/production
  • Professional development
  • Residency
  • Travel

To be eligible, you must:

  • Be a Canadian citizen or permanent resident
  • Have specialized training
  • Be recognized as a professional by your peers
  • Have a history of public presentation or publication

Grants are also available for organizations, groups, and collectives.

Grant Programs for writers and publishers

Canada Council for the Arts

If you are a professional writer, publisher, or part of an author collective, you may be eligible for grants and prizes intended to help with various aspects of your literary profession, such as:

  • Creation/translation
  • Operating funds
  • Organizational development assistance
  • Presenting and dissemination assistance
  • Professional development
  • Project assistance
  • Publication/promotion
  • Travel

As well, grants may be available to help you attend author residencies, literary readings and festivals.

Industrial Research Assistance Program

National Research Council Canada

Your small or medium-sized business could grow stronger, faster and bigger through innovation and technology. You could receive customized technical and business advice as well as non-repayable financial contributions to help you:

  • Research, develop and commercialize new technologies
  • Accelerate the adoption and adaptation of these technologies

To qualify, your business in Canada must:

  • Be incorporated and profit-oriented
  • Have 500 or fewer full-time equivalent employees
  • Show the ability to grow and generate profits

Other conditions apply.

Investments in Forest Industry Transformation

Natural Resources Canada (NRCAN)

Has your business developed highly innovative or first-in-kind technologies that could help Canada's forest industry become more competitive or sustainable? If so, you could get a non-repayable contribution of up to 50% of the project's costs to demonstrate the technology at the pilot or commercial scale.

Eligible costs include:

  • Capital expenses, materials and supplies
  • Salaries and professional fees
  • Travel and training

Costs associated with the production or export of softwood lumber are not eligible.

Other conditions apply.

Matching Investment Fund

Canadian Dairy Commission

You could get up to $150,000 to create new or improved products made from milk. Up to $25,000 can be used for consultation services, while remaining funds must be applied towards product development.

To qualify, you need to:

  • Make foods, drinks or other products using milk
  • Provide 50% of the costs
  • Create a product that increases the use of milk

Small businesses (fewer than 25 employees) are eligible for a reimbursement of up to 100% of eligible costs for the first $10,000 spent on a project.

Other conditions apply.



As a French-language songwriter, composer, artist, or recording business owner, you may be eligible for financing to help pay for:

  • Recordings and production
  • Artistic development
  • Marketing and promotion
  • Domestic and international business development

Financing amounts range, depending on the activity.

Quebec Economic Development Program (QEDP)

Canada Economic Development for Quebec Regions

Are you looking to start a business? Is your community facing economic development issues? There are programs and services available to help you succeed at every stage of your business.

Find resources that can help you:

  • Start a business or improve productivity
  • Innovate or adopt new technologies
  • Market or export your goods or services
  • Plan for succession
  • Promote your region

Support may also be available for economic development, diversification, and recovery of communities, as well as renovation and expansion of community infrastructure.

Réseau des SADC et CAE (Network of CFDCs and CBDCs)

Canada Economic Development for Quebec Regions

The Réseau des SADC et CAE is a network of the Community Futures Development Corporations and the Business Development Corporations. These non-profit organizations can help you start or grow a business in your community. If you live in Quebec, the office in your area can offer:

  • Help with your business plan
  • Business counseling
  • Training
  • Loans or share capital ranging from $5,000 to $150,000, depending on the financing program

Soft Landing program

Canadian Digital Media Network

Are you ready to introduce your ICT product or service to international markets? If you have existing revenues and are a client of the Canadian Digital Media Network's hub partners, you could be eligible for reimbursements of:

  • Up to $4,000 towards transportation and accommodation costs
  • Up to 3 months of desk space at a co-working location, accelerator or incubator

To be eligible, your ICT product or service must be market ready and there must be potential for growth in foreign markets.

Other conditions apply.

BDC growth capital for aboriginal business

Business Development Bank of Canada

As an aboriginal entrepreneur, you could get up to $25,000 to start a business or up to $100,000 to grow your existing business. You could also get business advice for 2 years.

You should:

  • Have a good business idea
  • Have experience in management
  • Have personal or corporate guarantees
  • Be willing to work with a mentor
  • Operate on- or off-reserve in Canada

You can use the loan to buy land or equipment, develop new products, create an Internet site or learn how to export and more.

2. Provincial programs

Aboriginal Initiatives Fund II

Secrétariat aux affaires autochtones

If your aboriginal organization carries out a project that supports economic, social or community development, you could receive financial assistance. You could benefit from:

  • A grant covering up to 50% of eligible economic development expenses
  • A loan guarantee for a maximum of $100,000 for starting, expanding and developing businesses
  • Financial assistance for community infrastructure projects
  • A grant for community action-based non-profit organizations

Other conditions apply.

Book publishing tax credit

Société de développement des entreprises culturelles (SODEC)

You could get a tax credit of up to $437,500 to cover certain associated costs related to the pre-production, printing and labour expenses associated with publishing books by Quebec authors.

Eligible businesses include:

  • Book publishing businesses established in Quebec
  • Publishing houses recognized by SODEC

Valid printed and digital projects include:

  • Books
  • Children's books
  • Comic strips
  • Collections of poetry

You will need to submit a request for a certificate of approval with SODEC.

Other conditions apply.

ESSOR — Investment Component

Ministère de l'Économie, de la Science et de l'Innovation

Is your business involved in manufacturing, software publishing, research, environmental services, or tourism? If so, you could get a loan guarantee covering up to 70% of a net loss for investments or a loan covering up to 50% of the cost of your growth projects, such as:

  • Business creation
  • Business expansion or modernization

The project must help maintain or create jobs.

Other conditions apply.

Fiducie du Chantier de l'économie sociale

Réseau d'investissement social du Québec (RISQ)

Your social economy business, non-profit organization or cooperative could get a loan with a 15-year capital repayment moratorium. Trust funding ranges from $50,000 to $1,500,000 and can cover up to 35% of eligible expenses.

You could fund:

  • working capital-related costs
  • launch of new products
  • equipment purchases
  • acquisition, construction or renovation of a building

Your business must have fewer than 200 employees.

Financial Assistance Program for the Development of Private Woodlots

Ministère des Forêts, de la Faune et des Parcs

If you are a recognized forestry producer, you could get financial and technical assistance to carry out forestry operations in private forests.

Eligible activities are:

• Technical and silvicultural work
• Some activities related to certification

To receive financial assistance, you must enlist the aid of an accredited forestry consultant.

The maximum amount of the financial contribution and the nature of eligible activities vary depending on the regional agencies for private forest development in Quebec.

Other conditions apply.

Financing for collective entrepreneurship

Investissement Québec

Your cooperative or non-profit organization could receive a minimum funding of $50,000 in loans, loan guarantees, or equity investment of up to 100% of the cost of projects such as:

  • Building acquisition or modernization
  • Purchase of machinery or equipment
  • Refinancing
  • Entry into a new market
  • Acquisition of intangible assets (trademarks, patents, etc.)

The organization must engage in commercial activities.

Other conditions apply.

Financing program for cultural businesses

Société de développement des entreprises culturelles (SODEC)

You could get a term loan, credit, loan guarantee or equity investment to cover the operational, growth or rehabilitation costs of your cultural or communications business.

Your business must:

  • Have a head office located in Quebec
  • Have been engaged in commercial activities for at least one year or operate in a niche business with no known competition
  • Submit a financing project that demonstrates profitability
  • Have the resources needed to fulfill all your financial obligations

Other conditions apply.

Fonds afro-entrepreneurs — Loans to Afro-Québécois businesspeople


Are you a member of one of Quebec's black communities? You could receive a loan or loan guarantee of $5,000 to $25,000 to:

  • Start up or expand your business
  • Purchase equipment
  • Meet your cash flow needs
  • Increase your working capital

Your business must have been in existence for no more than five years or be in the process of starting up.

Other conditions apply.

Fonds d'aide à l'économie de Lac-Mégantic (Economic Assistance Fund for Lac-Mégantic)

Ministère de l'Économie, de la Science et de l'Innovation

You could get financial assistance for eligible projects or activities carried out within the town of Lac-Mégantic, such as:

  • Assessment projects
  • Market development
  • Hiring strategic personnel
  • Business start-ups supporting economic and tourism development
  • Installation or improvement of public infrastructures

The fund will contribute up to:

  • 90% for studies
  • 80% for other activities and projects

Eligible support projects must follow sustainable development principles.

Other conditions apply.

Fonds d'investissement de la culture et des communications

Fonds d'investissement de la culture et des communications

Your cultural business could have access to financial products such as quasi-equity and equity. The minimum investment in a for-profit share capital business is $250,000 and $150,000 in a social economy business, to a maximum investment of $2,000,000.

Your business is eligible, if you:

  • Are dedicated to the creation, production and dissemination of cultural content
  • Provide technical or technological support services to content businesses
  • Have a product or service of outstanding quality and originality
  • Have a solid business plan that displays your current and future profitability

Other conditions apply.

Fonds de développement des entreprises d'économie sociale

Centres locaux de développement (CLD) and RCM - Economic Development

You could receive a grant to help you finance plans to start, consolidate or expand your social economy business.

Your company must:

  • be financially viable
  • produce goods or offer services
  • create sustainable jobs

Eligible expenses are:

  • technology acquisition or patenting
  • capital expenditures (land, building, equipment)
  • working capital needs 

Please contact us for the organization in your region that oversees this fund.

Fonds de développement économique de la région de la Capitale-Nationale

Secrétariat à la Capitale-Nationale

You could receive a non-repayable contribution to support your projects in the National Capital Region, such as:

  • The marketing of a product
  • Improvements to services and infrastructure
  • Conferences and cultural or sporting events
  • Opportunity and feasibility studies

The structuring effect of the project is evaluated according to its:

  • Economic benefits
  • Extra-regional outreach
  • Contribution to economic development

The retail and wholesale trades andaccommodation and food services sectors are not eligible.

Other conditions apply.

Fonds de diversification économique du Centre-du-Québec et de la Mauricie

Ministère de l'Économie, de la Science et de l'Innovation

You could get financial assistance if you are located in the Centre-du-Québec and Mauricie regions, and are carrying out a business development project in the industries of manufacturing, primary, tertiary or tourism.

Support is primarily in the form of a:

  • Repayable contribution (interest-bearing or interest-free loan, equity participation)
  • Loan guarantee of up to 70% of net loss
  • Non-refundable contribution

You may receive up to 25% of the total costs for investment projects and up to 50% for other projects. An investment of at least 10% of the total cost will be required.

Other conditions apply.

Fonds de diversification économique — MRC des Sources

Ministère de l'Économie, de la Science et de l'Innovation

You could get financial assistance, if you are carrying out a start-up or business development project in the manufacturing, value added tertiary sector or tourism industry in the Regional County Municipality of Des Sources.

Support will be primarily in the form of a:

  • Repayable contribution (interest-bearing or interest-free loan, equity participation)
  • Loan guarantee of up to 70% of net loss
  • Non-refundable contribution

You may receive up to 25% of the total costs for investment projects and up to 50% for other projects. An investment of at least 10% of the total cost will be required.

Other conditions apply.



If you are a member of one of Quebec's cultural communities, you could receive a loan or loan guarantee ranging from $5,000 to $25,000 to start your own business or fund a project for your business that has been in operation for less than 5 years.

To be eligible, you must:

  • Be 18 years of age or older and a member of a cultural community
  • Provide a business plan for your for-profit project
  • Submit your financial forecasts or statements
  • Demonstrate training or experience relevant to the project

Other conditions apply.

Local investment fund

Ministère de l'Économie, de la Science et de l'Innovation

If you are starting or expanding a business, you could be eligible for financing in the form of various types of loans or loan guarantees.

Loans can cover eligible expenses such as:

  • Capital expenditures
  • Technology acquisition
  • Working capital for operations

If you are a young entrepreneur, you could get an interest-free loan to help you acquire at least 25% of an existing rural business.

Passeport innovation

Ministère de l'Économie, de la Science et de l'Innovation

Your eligible SME, cooperative or non-profit organization could benefit from a non-refundable contribution of up to $50,000 to support its technological, organizational and social innovation projects.

You must:

  • Use the expertise of one or more of QuébecInnove's member organizations to perform research and development 
  • Offer a technology readiness level (TRL) between 1 and 9

Eligible expenses include salaries, purchase of equipment and management fees.

Other conditions apply.

Program to support sectoral development strategies

Ministère de l'Agriculture, des Pêcheries et de l'Alimentation du Québec

Your agricultural association or business/agri-food sector group could receive a grant for projects that support sectoral development in Quebec.

You could receive funding to cover up to 70% of eligible expenses, to a maximum of:

  • $250,000 for projects that aim to accelerate sectoral development
  • $35,000 to develop strategic sectoral plans
  • $250,000 to establish value chains
  • $50,000 to hire a development officer for projects derived from sectoral collaboration

Other conditions apply.

Programme PME en action — Appui à la concrétisation de projets d'investissement

Ministère de l'Économie, de la Science et de l'Innovation

If your for-profit business or social enterprise is part of the manufacturing or major services industries, you could receive a non-repayable contribution of up to 40% of eligible expenses including:

  • Professional fees
  • The purchase of specialized information

Eligible projects include:

  • Market analysis
  • Assessment of processes or technologies and usage rights
  • Site selection analysis
  • Analysis related to the regulatory and legal framework

The project implementation period may not exceed 12 months.

Other conditions apply.

Programme PME en action — Appui à la productivité des PME

Ministère de l'Économie, de la Science et de l'Innovation

If your for-profit business or social enterprise is part of the manufacturing or major services sector, you could receive a non-repayable contribution of up to 40% of eligible expenses, including:

  • Professional fees
  • Purchase of specialized information

Eligible projects include:

  • Supply chain optimization
  • Implementation of an integrated management system or a customer relationship management system
  • Bring your operations into compliance with production standards
  • Implementation of a cost accounting system

Other conditions apply.

SMBs and Large Corporations — Project Financing

Investissement Québec

You may be eligible for a loan, a loan guarantee, or funding in "quasi-equity" of $50,000 or more for business projects such as:

  • Purchase of machinery and equipment
  • Building modernization
  • Business succession, transfer, or acquisition
  • Increase in working capital
  • Trademarks acquisition
  • Export
  • Innovation
  • Commercialization

The maximum duration of funding is 25 years. Agricultural sectors, finance, real estate and retail are excluded.

Other conditions apply.

3. Municipal programs (Montréal)



You could receive up to $300,000 to cover expenses related to the start-up or development of your business establishment in Montreal, including:

  • Working capital
  • Capital assets
  • Marketing costs
  • Purchase of equipment
  • Acquisition of a business (succession or transfer)
  • Costs for patents or the protection of intellectual property
  • Prototyping

You must:

  • Be a Canadian citizen or permanent resident
  • Submit a business plan or a summary of projected financial statements
  • Provide an investment of at least 20% of the total project cost

Other conditions apply.

ProMontreal entrepreneurs (PME) Fund

If your start-up business has been in operation in Montreal for less than two years, you could get a loan of up to $50,000, offered at a business prime rate and repayable over 5 years.

To be eligible, you should:

  • be between the ages of 18 and 40 and a member of the Jewish community;
  • be a registered member of ProMontreal Entrepreneurs;
  • fill in the application form;
  • submit a detailed business plan;
  • provide two letters of reference and a recent credit report.

Other conditions apply.

4. Private sector programs

Femmessor — Réussir en affaires


Is your company majority-owned (51%) by one or more women aged 18 or older? You could get assistance for the start-up, expansion or consolidation of your project, including the following:

  • Between $5,000 and $35,000 in loans for a maximum of five years, depending on your region
  • Customized training, workshops or seminars to perfect your skills
  • Individual coaching services or mentoring
  • Networking activities to develop your network of contacts

Your project must be cost-effective and economically viable.

Other conditions apply.

For any inquiries, please contact our information agents.

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