Can you stack Fonds de finance sociale: CAP Finance (Quebec) and Social Finance Fund (SFF)?
Yes. Fonds de finance sociale: CAP Finance (Quebec) and Social Finance Fund (SFF) can be combined. They fund different things, so the trick is simple: apply to each separately and never claim the same dollar twice. Together they reach up to $400M in potential value.
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.
Social Finance Fund (SFF)
The Social Finance Fund is a $755 million federal initiative that improves access to capital for charities, non-profits, social enterprises, co-operatives, and other social purpose organizations. It does not lend directly. Three fund managers invest in social finance intermediaries, which in turn make investments in social purpose organizations. To access it, a social enterprise applies to an intermediary that has received SFF capital, and the financing is repayable.
How to stack them
- 01Confirm you meet each program's eligibility on its own. Fonds de finance sociale: CAP Finance (Quebec) and Social Finance Fund (SFF) 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.