What do companies like Ecorecreo, Première Moisson and Solotech have in common? They have all received financial support from Investissement Québec (IQ). Despite providing funding totalling $1.1 billion in 2017–2018, the role of the “government’s financial arm” remains unknown for a significant portion of the business community. We spoke about this with Dominique Chaussé, Regional Director for the South Shore and Montérégie.

The first step usually consists of an initial meeting that helps IQ to allocate the best expert for the entrepreneur. “They don’t need to have all the information on hand,” Ms. Chaussé continues, “however, they should be prepared. The better prepared the entrepreneur, the better we can advise them about solutions that are adapted to their project. It’s completely normal that things progress in stages and that they share their challenges with us. Our role is to discuss their project with them, to get to the bottom of the project’s DNA and its progress. Our work consists of making sure they understand the financing package and the obligations they have towards their investors.”

Another aspect that characterizes a partner like IQ is its strategic goals. “Cases are analyzed based on the company’s sustainability and employment creation, and not solely based on its performance. Our strategic goals aim to develop the economy of Quebec,” concludes Ms. Chaussé.

Visit IQ’s website to find out more about the range of financial solutions that may be available to you.