The Trust invests exclusively in social economy enterprises, notably in non-profit organizations and cooperatives, the majority of whose employees reside in Québec, with business assets of under $100 million ($100M) or capital of less than $50 million ($50M).
Eligible Projects
- Development or enhancement of activities
- Adaptation of products and services
- Start-up and expansion
Ineligible Enterprises
- An enterprise for which the Québec government or a minister appoints the majority of the directors on the board
- An enterprise for which the law requires that employees be appointed pursuant to the Public Service Act or whose social fund is State property
- Enterprise whose mission is to implement or administer a Québec government program, for instance, the Centres locaux de développement (CLD), Carrefours Jeunesse Emploi (CJE) and the Conférences régionales des Élus (CRÉ)
- An enterprise having over 200 employees
- Childcare centres and enterprises providing home support, perinatal education or housing services
- Enterprises whose activities result in the substitution of jobs currently being held or that should be held by public sector employees
Ineligible Projects
- Business recovery, refinancing of existing debts or the advance payment of long-term debt, the purpose of which is to reduce overall financing costs
- Financing of activities if the consequence of such an investment is the substitution of jobs currently being held or that should be held by public sector employees