Loan · repayable

Evol — Conventional loan

Evol · Quebec

OpenGeneral
Funding
Loan up to $300,000
Borrow up to $300,000 per project — repayable, not a payout
Deadline
Ongoing
Open, accepted on an ongoing basis (no fixed deadline).
Type
Loan · repayable
Company stage
SME, Early Stage / Startup
Limited to: Racialized / BIPOC, Women / Non-binary, Newcomer / Immigrant, Indigenous only, Persons with Disabilities. Only applicants in this group can apply.

Overview

Loan ranging from $20,000 to $300,000 for business growth, acquisition or transfer projects, aimed at Quebec entrepreneurs from communities under-represented in entrepreneurship who commit to sustainable development practices.

Who can apply

  • Applicant must be from a community under-represented in entrepreneurship (women, racialized people, immigrants, First Nations, Inuit, LGBTQ2+, people with disabilities), own at least 25% of shares and votes, hold a strategic position in the business, and demonstrate the business has adopted or committed to adopting sustainable development practices based on the 17 UN goals.
  • Must submit a business plan/project summary, 2-year projected financial statements, last 3 years of financial reports (if possible) and latest interim statements.
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What it can pay for

Business Expansion

Past recipients

No public list of past recipients is linked for this program yet.

Official source

Program details change. Always confirm eligibility, amounts and deadlines on the official page before you apply.

Official program page →

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Last checked by SeedPort: Oct 1, 2026. SeedPort is not affiliated with the funder. Information is summarized from public sources and may be out of date.