Why finance a social economy enterprise?
RISQ’s years of investments have proven that social economy enterprises generate positive impacts for communities, both social and economic. The cause and effect relationship between our financing and the social and economic impacts generated by collective enterprises confirms RISQ’s essential role.
Social impacts
linked to RISQ investments
COLLECTIVE SUCCESSES HAVE SHOWN US, RISQ’S investments . . .
- Stimulate economic growth based on human values of democracy and solidarity
- Contribute to the social integration of individuals who have traditionally been excluded
- Create long-lasting employment
- Encourage the emergence of projects from fragile/insecure areas
- Enable a response to needs that are either unmet or poorly met by the market or government.
- Reinforce collective and entrepreneurial viability through
-an adapted financial analysis method
– selection of enterprises that respond to socioeconomic needs
-reinforcement and follow-up of business plans and governance
-partnership, trust, and risk mutualization
-mobilization of finance actors and advisors
Economic impacts
linked to RISQ investments
THE NUMBERS SHOW US that RISQ investments . . .
- Make a positive contribution to Québec’s overall economy
- Generate revenues for provincial public administrations (taxes, duties, and incidental taxes)
- Are a financial lever for collective projects throughout Québec
- Allow most of our financed enterprises to successfully carry out their projects and repay capital and interest to RISQ
- Generate a counterpower to the market for :
– producers
– workers
– intermediate and ultimate consumers
The difference
Arising from collective initiatives, social economy enterprises’ main goal and activity is to produce and sell goods or services that are both financially viable and socially profitable. Doing business as a cooperative or not-for-profit society means . . .
- Responding to social and economic needs, both individual and collective
- Creating and maintaining sustainable jobs
- Basing your operation on the values of solidarity, responsibility, democratic practice, equality, and personal development.
Highlights of an impact study of RISQ’s investments.
Summary of the study
The full study conducted by research teams
from ESG UQAM and E&B Data
THE NUMBERS SPEAK FOR THEMSELVES
From 1997 to 2024, RISQ, an initiator of impacts and successes…
1
MILLION $ invested
1
RISQ loans
1
jobs created or maintained
1
collective enterprises supported
Supported projects by legal status
1
Cooperatives
1
Not-for-profit organizations
Supported projects by enterprises’
level of development
*As at December 31, 2024
Total projects : 1 444
Investments by financial products
Technical Assistance – 546
Pre-startup – 113
Capitalization – Loans – 743
Capitalization – Guarantees – 35
Since 2007
Chantier Trust Loans – 375
Number of joint Capitalization/Trust loans – 193
Number of loans and amounts
invested by sector of activity
*As at December 31, 2024
| Activity sectors | Number | Amount |
|---|---|---|
| Health and social services | 162 | 4 611 104 $ |
| Wholesale and retail | 162 | 5 200 620 $ |
| Manufacturing | 120 | 3 692 715 $ |
| Collective real estate | 73 | 2 496 216 $ |
| Arts and entertainment | 113 | 3 157 433 $ |
| Communications and information technologies | 123 | 3 740 989 $ |
| Development organizations | 50 | 610 658 $ |
| Professional services | 90 | 2 542 876 $ |
| Educational services | 47 | 1 220 920 $ |
| Waste management, recycling | 49 | 1 609 180 $ |
| Administrative and support services | 46 | 1 618 811 $ |
| Accommodation services | 54 | 2 026 224 $ |
| Agriculture and forestry | 44 | 1 334 929 $ |
| Restaurants, live entertainment bars, and micro-breweries | 75 | 2 532 598 $ |
| Individual services | 46 | 1 511 527 $ |
| Associations and citizen groups | 70 | 1 059 371 $ |
| Loisirs and entertainment | 86 | 3 095 809 $ |
| Transport and storage | 26 | 1 002 505 $ |
Number of loans and amounts invested by region
*As at December 31, 2024
| Region | Number | Amount |
|---|---|---|
| 01 BAS-SAINT-LAURENT | 70 | 1 878 828 $ |
| 02 SAGUENAY–LAC-SAINT-JEAN | 77 | 2 485 759 |
| 03 CAPITALE-NATIONALE | 161 | 4 116 247 $ |
| 04 MAURICIE | 67 | 1 911 263 $ |
| 05 ESTRIE | 66 | 1 745 133 $ |
| 06 MONTRÉAL | 525 | 17 406 598 $ |
| 07 OUTAOUAIS | 96 | 2 142 254 $ |
| 08 ABITIBI-TÉMISCAMINGUE | 16 | 715 797 $ |
| 09 CÔTE-NORD | 20 | 574 474 $ |
| 10 NORD-DU-QUÉBEC | 3 | 145 000 $ |
| 11 GASPÉSIE–ÎLES-DE-LA-MADELEINE | 25 | 894 252 $ |
| 12 CHAUDIÈRE-APPALACHES | 47 | 1 205 343 $ |
| 13 LAVAL | 45 | 1 429 682 |
| 14 LANAUDIÈRE | 20 | 625 296 $ |
| 15 LAURENTIDES | 65 | 2 405 464$ |
| 16 MONTÉRÉGIE | 115 | 2 973 266 $ |
| 17 CENTRE-DU-QUÉBEC | 26 | 782 928 $ |
SINCE 1997…
TECHNICAL ASSISTANCE SUPPORT*
*As at December 31, 2024
546
Number of projects
2 486 835 $
RISQ contribution
8 027 979 $
Investments generated
66 %
Lever effects*
Stages of development
- Pre-startup
- Startup
- Expansion
- Consolidation
SINCE 1997…
Pre-startup projects*
*As at December 31, 2024
Includ FICÉS
113
Number of projects
6 607 100 $
RISQ contribution
17 738 734 $
Investments generated
64 %
Lever effect *
Stages of development
- Pre-startup
- Expansion
SINCE 1997…
Capitalization, l’ampli and Transition projects*
*As at December 31, 2024
785
Number of projects
34 302 648 $
RISQ contribution
483 041 644 $
Investments generated
93 %
Lever effect*
Stages of development
- Pre-startup
- Startup
- Expansion
- Consolidation
*The lever effect measures the impact of RISQ financing on the total capital contributions to financed enterprises.
For more information, consult our annual reports.