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Development Capital — Equity financing

Up to $20
Type
Application Difficulty
EASY
Time To Complete4 weeksProgram Budgetno cap
See If You Qualify

Highlights

You have a unique opportunity to access $5 million or more in developmental capital to acquire a company that aligns with your business goals. This funding can be a powerful tool to enhance your operations, enter new markets, or improve productivity. Unlike traditional loans, this capital covers 20% to 30% of shares, allowing you to secure a significant stake in a promising venture without the immediate pressure of repayment.

Applying for this program is straightforward and offers flexibility across various sectors, making it suitable for all kinds of businesses like yours. With no limitations on revenue or employee numbers, you can tailor this funding directly to your needs. Consider what this funding could do for your business: growth, expansion, and new opportunities await.

By being approved, you not only gain capital but also boost your potential for future success. This program is designed to elevate your business while minimizing risk, making it a worthwhile consideration. We understand how essential it is to make funding accessible. This is your chance to leverage it for significant advancements.

Financing Details

The financing provided includes developmental capital ranging from $5 million or more. This capital allows for the acquisition of a company in Quebec or abroad, specifically targeting growth opportunities and productivity enhancements.

Repayment Terms and Interest Rates

The financing involves acquiring 20% to 30% of shares in the company. Since this is equity financing rather than a traditional loan, there are no interest rates or scheduled repayments like you would typically find with loans. Instead, the return on investment comes through the growth and success of the company you acquire.

Eligible Expenses

The funds can be used for a variety of purposes including:

  • Acquiring a company
  • Enhancing business productivity
  • Supporting growth initiatives

Restrictions on Fund Use

However, these funds cannot be used for:

  • Personal expenses
  • Debt repayment
  • Non-business-related activities

Fees

There are generally no upfront fees associated with this financing, which allows you to focus entirely on leveraging the capital for your business growth.

Qualifications

  • Funding Amount: Must seek developmental capital of $5 million or more.
  • Company Acquisition: Funding is for acquiring a company, either in Quebec or abroad.
  • Purpose: Must be for growth and productivity enhancements.
  • Location: Available to businesses located in Quebec and also for companies abroad.
  • Sectors: Open to all sectors.
  • Ownership: Available to all ownership groups.
  • Employee Count: No minimum or maximum employee requirements.
  • Company Revenue: No minimum or maximum revenue qualifications.
  • Legal Structures: All legal structures are applicable.
  • Profit Structures: All profit structures are applicable.

Disqualifications:

  • No specific disqualifications mentioned in the context provided.

Description

You can access $5 million or more in developmental capital to help you acquire a company. This funding can significantly boost your business by allowing you to invest in growth and enhance productivity. You have the flexibility to use this money for various purposes, whether it’s for expanding your operations, entering new markets, or improving your existing processes.

The funding typically covers around 20% to 30% of shares, which means you can secure a substantial stake in a business that aligns with your goals. This is a great way to scale up and create new opportunities without the heavy burden of immediate repayment.

With no limits on revenue or employee numbers, this program is truly accessible to all types of businesses. It applies to various legal and profit structures, ensuring that you can find a solution tailored to your specific needs. This is a chance to elevate your business while minimizing risk.

Program Steps

  1. Visit the Program Website
    Go to the official program website to gather information about the application process and requirements.

  2. Prepare the Necessary Documentation
    Collect the required documents for your application. This may include:

    • Business plan outlining your goals and how the funding will be used
    • Financial statements (balance sheet, income statement, cash flow statement)
    • Tax returns from the past two years
    • Legal documents (business registration, partnership agreements, etc.)
    • Ownership structure details
  3. Complete the Application Form
    Fill out the application form provided on the program website. Ensure all information is accurate and complete.

  4. Submit the Application
    Once your form is complete and all documents are prepared, submit your application through the program’s designated submission channel.

  5. Follow Up
    Check the status of your application periodically. Don’t hesitate to reach out with any questions or for updates.

  6. Prepare for Interviews or Meetings
    Be ready for any interviews or meetings that may be required to discuss your application further. This is your opportunity to highlight your business vision.

Visit Program Website