Financing—business growth, acquisition, or transfer project

Overview of the Financing—business growth, acquisition, or transfer project program:

EVOL’s Acquisition and Growth Financing Program is tailored to support diverse entrepreneurs—especially from underrepresented groups—seeking to acquire an existing business or expand an operational one in Quebec. The program emphasizes inclusivity, sustainability, and economic impact, providing flexible and tailored loan options paired with strategic coaching and advisory services. Whether purchasing a business, merging, investing in equipment, increasing production capacity, or entering new markets, this program is structured to meet a wide array of business growth needs. It ensures that financing is accessible to people who may face barriers in the traditional financial system, particularly women, Indigenous peoples, immigrants, racialized individuals, and members of the 2SLGBTQIA+ community. EVOL integrates an ESG (Environmental, Social, Governance) assessment into every application, reinforcing the program's commitment to responsible business practices. Applicants undergo a sustainability diagnostic, which evaluates the project's impact on people, the planet, and long-term profitability. This initiative is part of EVOL’s broader mission to create a more equitable and resilient business landscape in Quebec. Funding decisions take into account both the financial viability and the social/environmental contributions of the enterprise. Beyond financing, EVOL provides entrepreneurs with access to personalized coaching, planning tools, and networking opportunities with professionals and like-minded business owners.

Benefits of the Financing—business growth, acquisition, or transfer project program:

• Up to $450,000 in flexible loan funding for business acquisition or expansion
• Personalized support throughout the financing process
• ESG diagnostic and coaching to improve sustainability and social impact
• Inclusion in a robust ecosystem of business development partners
• Business coaching tailored to each stage of growth
• Access to professional networks and specialized resources
• Tools for long-term planning and financial health monitoring
• Increased visibility as part of EVOLs mission-driven community

Eligibility criteria of the Financing—business growth, acquisition, or transfer project program:

• To be eligible for this program, applicants must:
• Be residents of Quebec and at least 18 years old
• Identify with one or more of EVOLs priority demographics: women, Indigenous individuals, immigrants, racialized people, or 2SLGBTQIA+ individuals
• Own or intend to acquire/control a majority stake in the business
• Submit a detailed business plan and growth/acquisition strategy
• Show financial viability and a commitment to ESG principles
• Undergo an ESG diagnostic as part of the evaluation
• Operate in any legal industry, as long as the business demonstrates responsible growth and community/economic contribution