Capitalization of social economy enterprises (CAES) Stream 1: Capitalization
$50,000
Grant, Loan, Subsidy
Description:
The capitalization of collective enterprises is essential to the development of new products and new services for communities, whether through the purchase of equipment, fixed assets or commercial development.
Increase the assets (capitalization) of social economy enterprises
Promoting the growth of social economy enterprises
Contribute to the creation of social economy businesses
Comments on Funding:
Minimum down payment: 10% of the aid granted
Maximum aid rate: 80% of eligible expenses
Minimum amount of aid: $50,000
Maximum amount of aid: $2,000,000
Accumulation rate of government aid: 90% of eligible expenses
March 31, 2025
Eligibility:
Companies eligible for sub-component 2A are:
non-profit organizations (NPOs);
cooperatives, federations of cooperatives or confederations.
When purchasing a business in its entirety, the following categories of cooperatives are eligible:
Work cooperative;
Producers’ cooperative;
Consumer cooperative;
Solidarity cooperative;
Federation or confederation.
A business must have a total asset value of $100 million or less to be eligible.
Application Steps:
No specific steps are listed.
Documentation Needed:
Documents to consult
Program Framework.
Other Things to Note:
As of December 6, 2024, the capitalization program for social economy enterprises (CAES) is suspended for an indefinite period. This suspension is mainly intended to ensure the availability of funds in order to meet contractual commitments.
The receipt of new applications is suspended until further notice to ensure proper management of the budget envelope and program standards.
About the author
Maurice
