Can you stack RISQ Social Economy Financing (Quebec) and Fonds de finance sociale: CAP Finance (Quebec)?
Yes. RISQ Social Economy Financing (Quebec) and Fonds de finance sociale: CAP Finance (Quebec) can be combined. They fund different things, so the trick is simple: apply to each separately and never claim the same dollar twice.
RISQ Social Economy Financing (Quebec)
The Reseau d'investissement social du Quebec is a non-profit venture capital fund that lends only to Quebec social economy enterprises, meaning non-profit organizations and co-operatives. It offers patient capital loans tailored to start-up, consolidation, expansion, or restructuring, including separate products for operations and for real estate. Eligible enterprises must be legally constituted in Quebec and have fewer than 200 employees. The financing is repayable.
Fonds de finance sociale: CAP Finance (Quebec)
CAP Finance is the Quebec-focused Social Finance Fund manager, a non-profit network of social economy and solidarity-finance organizations led by the Reseau d'investissement social du Quebec and the Fiducie du Chantier de l'economie sociale. It invests Social Finance Fund capital specifically in Quebec social purpose organizations through its network of investors. Social enterprises access this capital through CAP Finance's member investors. The financing is repayable.
How to stack them
- 01Confirm you meet each program's eligibility on its own. RISQ Social Economy Financing (Quebec) and Fonds de finance sociale: CAP Finance (Quebec) are assessed separately.
- 02Apply to each program through its own application. There is no combined form.
- 03Allocate distinct costs to each program. You cannot claim the same dollar of expense under both, but you can fund different parts of the same project.
- 04Track both deadlines and keep the paperwork separated, so each claim stands on its own.
Stacking rules vary by program and change over time. Confirm the current rules with each program, or take the quiz and we will flag the combinations you qualify for.