Prêts aux entreprises (Business Loans)

Applicants must:
1. be incorporated private companies;
2. be social economy enterprises primarily engaged in commercial activities;
3. be individual or group of individuals intending to acquire a significant stake of at least 25% in the value of an existing company or 25% of the fair value of its assets for the purpose of taking over.

Exclusions:
1. Social economy enterprises (non-profit organizations and cooperatives) failing to demonstrate sound democratic governance;
2. Applicants with unresolved bankruptcy judgments;
3. Businesses registered in the Registry of Enterprises Not Eligible for Public Contracts;
4. Applicants who, in the two years preceding the financial assistance application, have failed to meet their obligations related to prior financial aid from the City of Quebec, after being duly notified to do so;
5. Applicants with outstanding amounts owed to the City of Quebec;
6. Projects with discriminatory, controversial, or potentially negative image aspects for the City of Quebec.

Eligible Activity Sectors:
1. Priority Sectors:
a) Agri-food, food processing, and healthy foods;
b) Digital arts and interactive entertainment, financial technologies, artificial intelligence, smart city, or other digital products and technologies, excluding services and consulting;
c) Photonics, measurement and control technologies, advanced electronics;
d) Life sciences, biotechnologies, and health technologies;
e) Clean technologies: water, air, soil treatment, eco-mobility, energy efficiency, renewable energies, green chemistry, waste management, enabling technologies, and sustainable development.

2. Strategic Sectors:
a) Art, culture, and heritage;
b) Insurance and financial services;
c) Manufacturing, materials, industrial processing, robotics, and industry 4.0;
d) Urban security;
e) Tourism.