Economic and social evaluation

SOCIAL BENEFIT│ MOBILIZATION │ SOLIDARITY│PROFITS│BUSINESS SUCCESS

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 2021, RISQ, an initiator of impacts and successes…

1
MILLION $ invested
1
RISQ loans
1
jobs created or maintained
  • Created
  • Maintained
  • Work integration
1
collective enterprises supported

Supported projects by legal status

1
Cooperatives
1
Not-for-profit organizations
  • Solidarity co-op
  • Work co-op
  • Other co-ops
  • Not-for-profit organizations

Supported projects by enterprises’
level of development

*As at December 31, 2021

  • Pre-startup
    231 / 18%
  • Startup
    417/ 32%
  • Consolidation
    252 / 19%
  • Expansion
    396 / 31%

Total projects : 1 296

Investments by financial products

Technical Assistance – 509

Pre-startup – 111

Capitalization – Loans – 642

Capitalization – Guarantees – 34

Since 2007

Chantier Trust Loans – 338

Number of joint Capitalization/Trust loans – 156

Number of loans and amounts
invested by sector of activity

*As at December 31, 2021

Activity sectors Number Amount
Health and social services 146 3 829 175  $
Wholesale and retail 140 4 043 925  $
Manufacturing 114 3 516 765  $
Collective real estate 65 2 033 002 $
Arts and entertainment 96 2 386 596 $
Communications and information technologies 107 2 822 814  $
Development organizations 50 605 658 $
Professional services 74 1 796 376 $
Educational services 44 1 115 920 $
Waste management, recycling 48 1 559 180 $
Administrative and support services 47 1 569 061 $
Accommodation services 48 1 584 617 $
Agriculture and forestry 46 1 213 389 $
Restaurants, live entertainment bars, and micro-breweries 69 2 127 868 $
Individual services 46 1 448 777 $
Associations and citizen groups 65 1 032 330 $
 Loisirs and entertainment 67 1 748 015 $
Transport and storage 24 947 505 $

Number of loans and amounts invested by region

*As at December 31, 2021

Region Number Amount
01 BAS-SAINT-LAURENT 61 1 556 169 $
02 SAGUENAY–LAC-SAINT-JEAN 69 1 856 919 $
03 CAPITALE-NATIONALE 134 3 179 338 $
04 MAURICIE 62 1 741 420 $
05 ESTRIE 56 1 163 394  $
06 MONTRÉAL 476 14 109 643 $
07 OUTAOUAIS 84 1 842 249  $
08 ABITIBI-TÉMISCAMINGUE 13 432 877  $$
09 CÔTE-NORD 21 674 474  $
10 NORD-DU-QUÉBEC 3 145 000 $
11 GASPÉSIE–ÎLES-DE-LA-MADELEINE 20 604 252 $
12 CHAUDIÈRE-APPALACHES 41 893 223  $
13 LAVAL 38 1 135 339 $
14 LANAUDIÈRE 21 645 296 $
15 LAURENTIDES 57 1 846 186 $
16 MONTÉRÉGIE 115 2 927 266 $
17 CENTRE-DU-QUÉBEC 25 627 928  $

SINCE 1997…

TECHNICAL ASSISTANCE SUPPORT*

*As at December 31, 2021

509

Number of projects

2 229 572 $

RISQ contribution

7 327 014 $

Investments generated

69 %

Lever effects*

Stages of development

  • Pre-startup
  • Startup
  • Expansion
  • Consolidation

SINCE 1997…

Pre-startup projects*

*As at December 31, 2021

111

Number of projects

6 346 300 $

RISQ contribution

16 421 068$

Investments generated

61 %

Lever effect *

Stages of development

  • Pre-startup
  • Expansion

SINCE 1997…

Capitalization and Transition projects*

*As at December 31, 2021

676

Number of projects

26 805 101 $

RISQ contribution

365 749 714 $

Investments generated

94 %

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.

consultez nos rapports annuels.

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