Development Capital

Overview of the Development Capital program:

Through the Development Capital program, Investissement Quebec provides customized financing for large-scale projects. You can seek debt financing of up to $100 million and equity financing of $2 million or more, generally between 20% and 30% of shares.

Benefits of the Development Capital program:

• Equity financing: Equity investment of $5 million or more, generally between 20% and 30% of shares.
• Debt financing: Up to $100M.
• Senior secured loan: Generally with other lenders. Competitive market-based terms and conditions.
• Subordinated loan: With or without guarantee. Repayment terms and rates based on the business's situation, at market conditions.

Eligibility criteria of the Development Capital program:

• All Quebec businesses are eligible, except companies operating in the following industries:
• Agriculture*
• Finance and insurance
• Real estate (certain activities are excluded)
• Retail sales and comparable activities
• Other industries where clients are primarily individuals, except for tourism
• However, companies that are ineligible for La Financiere agricole du Quebec programs may qualify for financing from Investissement Quebec.
• Examples of eligible projects
• Total or partial share redemption to maintain Quebec ownership
• Acquisition of a company in Quebec or abroad
• Growth or productivity enhancement (expansion, equipment upgrade)