Patient Capital - Le Chantier de l`économie sociale

New investment
products for social
economy enterprises
What is a social economy
enterprise?
For more information
A non-profit organization or cooperative that
has emerged from the community and has a
social and economic mission. Independent of
the State and democratically run, it depends
on both individual and collective participation.
Capital and money are viewed as tools to
benefit the community or its members.
Patient Capital
NO REPAYMENT FOR 15 YEARS
Réseau d’investissement social du Québec (RISQ)
4200, rue Adam,
Montréal (Québec) H1V 1S9
The main mission of the Chantier de
l’économie sociale Trust is to stimulate the
expansion and development of collectively
run enterprises by improving their access to
financing and by enhancing the capitalization
of social economy enterprises.
Chantier de l’économie sociale Trust
4200, rue Adam, Montréal (Québec) H1V 1S9
t. 514 256-0992 f. 514 256-0861
[email protected] | www.fiducieduchantier.qc.ca
In Montréal
In Québec City 514 866-2355
418 525-5526, ext. 2111
www.fonds-risq.qc.ca
This initiative has been made possible through funding from
Canada Economic Development.
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To submit investment
applications
Investment products for social
economy enterprises
The Chantier de l’économie sociale Trust
offers loans with a 15-year capital repayment
moratory. The aim of this patient capital is to
support enterprises’ operations and contribute
to their real estate investments.
Presenting a project
Eligible businesses
Interested enterprises can obtain more detailed
information from local and regional development
organisations:
The Trust invests exclusively in social
economy enterprises, particularly non-profit
organizations and cooperatives with fewer
than 200 employees.
Centres locaux de développement (CLD)
Community credit organizations
Coopératives de développement régional (CDR)
Amounts available
Between $50,000 and $1.5 million.
Loans are granted on the basis of financing
packages in which the loan represents no more
than 35% of project costs.
Corporations de développement
communautaire (CDC)
Corporations de développement économique
communautaire (CDEC)
Sociétés d’aide au développement des
collectivités (SADC)
They will tell you about eligibility criteria and the
financial products being offered.
Eligible projects
Start-up and the development of new social
economy projects. Funds will not be granted
for a business recovery plan or refinancing.
The Réseau d’investissement social du Québec
(RISQ-social investment network of Québec) is
the organisation that has been mandated by the
Chantier de l’économie sociale Trust to receive
and analyze loan applications before they are
presented to the Trust’s investment committee.
Ineligible businesses
Québec government agencies or organisations
that administer Québec government programs.
These include childcare centres, home support
services, perinatal centres, educational services
and housing.