Administered by Government of Quebec · Last verified: June 2026
Evol is the Quebec delivery agent for the federal Women Entrepreneurship Loan Fund, providing loans of up to $50,000 plus financing for larger impact projects to women and underrepresented founders. The business must be registered in Quebec and led by someone from an underrepresented group holding at least 25% of shares with a strategic role. Projects must contribute to at least one UN Sustainable Development Goal.
Review times vary by program, from a few weeks to a few months, so check the official page for its timeline. Grant money is usually paid after you sign a funding agreement, and cost-shared programs often reimburse you once you send proof of what you spent.
Take the 3-minute quiz to find out, and see every other Canadian program you qualify for at the same time.
Check my eligibilityEvol Loan for Women and Diverse Entrepreneurs (Quebec) is generally open to incorporated, self-employed, partnership businesses, in Quebec. Confirm the full criteria on the official program page before applying.
The estimated value is Up to $50,000 (microloan) with larger impact financing available. The actual amount depends on your eligible costs, the program's budget, and approval.
1. Confirm your business is registered in Quebec with head office in the province 2. Review the underrepresented-group and SDG criteria on evol.ca 3. Start an online financing request with Evol 4. Work with an Evol advisor on your plan 5. Submit for review and decision
Continuous intake.
$250,000 to $2 million per company (up to $4 million with co-investors)
INCENTIVELoans up to $300,000, or up to $450,000 when combined with the innovation fund
INCENTIVEUp to $25,000 in financing