Sustainable Growth Investment Program│La Financière agricole du Québec

The Sustainable Growth Investment Program has five components, each with specific eligibility requirements.

• Component 1D: Growth Support – Available to all agricultural and agri-food businesses for the financing of projects related to productions other than those targeted in the 2D component. The maximum financial assistance is $15,000 on a loan guarantee of up to $150,000.
• Component 2D: Growth Plus Support – Available to all agricultural and agri-food businesses for the financing of projects related to beef cattle, sheep, or goat production. The maximum financial assistance is $150,000 on a loan guarantee of up to $600,000.
• Component 3D: Agri-Environmental Enhancement of Cultivated Land – Available to all agricultural and agri-food businesses for the financing of projects that will enhance the value of cultivated land or on-farm agri-environmental projects. The maximum financial assistance is $10,000 on a loan guarantee of up to $100,000.
• Component 4D: Young Entrepreneurs – Available to all agricultural and agri-food businesses wholly owned by persons over the age of 18 and under the age of 40. In addition, one of these persons must have qualified the same business under the Financial Support Program for Aspiring Farmers within the previous five years. The maximum financial assistance is $45,000 on a loan guarantee of up to $300,000.
• Component 5D: Working capital loan  – This component is intended for agricultural and agri-food businesses, whether or not they are FADQ financing clients, experiencing financial difficulties or with short-term liquidity needs, particularly as a result of rising interest rates and input costs.  Depending on their sales revenue, eligible businesses can benefit from a working capital loan guarantee of up to $200,000 over a ten-year period with no return of capital for the first three years, along with a financial assistance of up to $30,000.