Evol Financement

$5,000,000.00 CAD

≈ 64 Canadians' average pay for a year
Department
Canada Economic Development for Quebec Regions
Program
The Regional Economic Growth Through Innovation Program (REGI)
Recipient country
Canada
Fiscal year
2021-2022
Agreement period
November 4, 2021 – August 31, 2026
Reference
ced-dec:093-2022-2023-Q1-00371

Published purpose

Business Financing: The project aims to provide financial support to SMEs belonging to underrepresented groups to promote inclusion, diversification and sustainable development in Quebec.

In plain English AI-generated

This federal contribution provides $5 million to Evol Financement to support business financing for small and medium enterprises owned by underrepresented groups, aiming to promote inclusion, diversification, and sustainable development in Quebec.

Category: Other Primarily funds activity in Canada

Based on the published description. See how AI categorization works — the linked official record is authoritative.

Community tags

Tags are applied by readers, not by this site. One tag per person per record.

Good value Local impact Needs context Questionable Success story Wasteful
View official source record Imported July 30, 2026 from open.canada.ca Grants & Contributions