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Voxen Capital

ESSOR (Investissement Québec)

ESSOR is an Investissement Québec program for Quebec business projects. Its first stream pays non-repayable contributions of 50% for feasibility studies and digital projects; its second offers a loan, or a loan guarantee of up to 70%, on productivity and expansion projects of $100,000 or more. Intake is continuous until the framework ends on 31 March 2027.

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Program facts

TypeGrant (non-repayable), loan or loan guarantee
Who qualifiesQuebec businesses. Volets 1B and 1C need 250 employees or fewer and $2.5M or more in annual revenue. Volet 1A excludes construction, most restaurants, finance and health.
Amount or rateVolet 1, non-repayable at 50%: 1A feasibility study up to $50K; 1B digital diagnostic or plan up to $20K; 1C carrying out a digital plan up to $50K. Volet 2: a loan, or a loan guarantee of up to 70%, on projects of $100K or more, with combined government aid capped at 50%.
Intake statusContinuous intake. The framework ends 31 March 2027, and Investissement Québec says it can suspend intake without notice. Budget 2026-27 added $105M.
Run byInvestissement Québec, for the Government of Quebec
Checked on8 October 2026
Official pagehttps://www.investquebec.com/fr/financement/programmes-gouvernementaux/essor

How it pays

Volet 1 covers 50% of eligible costs, so the business pays the other 50%. On a $40,000 digital plan under volet 1C, that is $20,000 from the business.

Volet 2 is not a grant. It is a loan, or a guarantee of up to 70% on a loan, for projects of $100,000 or more. Because combined government aid is capped at 50%, at least half of a volet 2 project has to come from the business and from private lenders.

Funding your share while you wait

That non-government half is the usual reason an ESSOR project stalls. If the project is equipment, the equipment itself can be financed. If it is a broader expansion, a term loan can carry a defined share over several years, and a line of credit covers costs that land before any aid is paid.

Voxen arranges these on the business's revenue and bank statements, like any other file. An ESSOR agreement is not used as security, and Voxen plays no part in Investissement Québec's decision.

The Voxen products that fit this program. Ranges are the ones on each product page; every file is assessed on the business's revenue and bank statements.

FinancingRangeWhat it covers here
Equipment FinancingEquipment Value: $10,000 – $5,000,000The equipment itself, whether a machine, a truck or a heating system, financed against that equipment.
Term LoanLoan Amount: $10,000 – $2,000,000Your share of a larger project, repaid in fixed instalments over several years.
Line of CreditCredit Limit: $10,000 – $1,000,000Working capital while you wait for a reimbursement or a refund. Draw what the project needs, pay it down when the money arrives.

Related programs

ProgramTypeStatusChecked
FLI and FLS local fundsLoanOpen8 October 2026
C3i tax creditTax creditOpen8 October 2026
FORCE (Investissement Québec)LoanOpen8 October 2026

Not sure which program fits? Ask us

Tell us about the project and we will tell you which programs are worth a look and what financing could carry your share. Voxen does not prepare grant applications; if you want help with one, we can point you to specialists who do that work.

Notice

Voxen Capital is a private financing broker, not a government body. It does not decide, influence or guarantee any grant, credit or government loan, and it does not prepare grant applications. Program details change: check the official page before you apply.

Frequently asked questions

What size does my business need to be for ESSOR?

For volets 1B and 1C, 250 employees or fewer and at least $2.5 million in annual revenue. Volet 1A has no stated size threshold but excludes construction, most restaurants, finance and health.

Is ESSOR a grant or a loan?

Volet 1 is non-repayable at 50% of costs. Volet 2 is a loan or a loan guarantee of up to 70%, for projects of $100,000 or more.

How long will ESSOR take applications?

Intake is continuous, and the current framework ends on 31 March 2027. Investissement Québec says it can suspend intake without notice, so check the official page before planning around it.

How much of the project do I fund myself?

Under volet 1, half. Under volet 2, combined government aid is capped at 50%, so at least half comes from the business and private lenders.

Related

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