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 2018, 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, 2018

  • Pre-startup
    173 / 15%
  • Startup
    379 / 33%
  • Consolidation
    239 / 21%
  • Expansion
    357 / 31%

Total projects : 1 148

Investments by financial products

Technical Assistance – 468

Pre-startup – 81

Capitalization – Loans – 567

Capitalization – Guarantees – 32

Since 2007

Chantier Trust Loans – 275

Number of joint Capitalization/Trust loans – 127

Number of loans and amounts
invested by sector of activity

*As at December 31, 2018

Activity sectors Number Amount
Health and social services 136 3 539 363 $
Wholesale and retail 121 3 501 360 $
Manufacturing 103 2 823 265 $
Collective real estate 56 1 495 503 $
Arts and entertainment 84 2 135 462 $
Communications and information technologies 93 2 298 804 $
Development organizations 45 587 692  $
Professional services 62 1 404 302 $
Educational services 40 964 363 $
Waste management, recycling 47 1 532 089 $
Administrative and support services 42 1 488 961 $
Accommodation services 45 1  513 117 $
Agriculture and forestry 34 833 489 $
Restaurants, live entertainment bars, and micro-breweries 61 1 791 643 $
Individual services 45 1 353 927$
Associations and citizen groups 56 987 649 $
 Loisirs and other 78 1 951 505 $

Number of loans and amounts invested by region

*As at December 31, 2018

Region Number Amount
01 BAS-SAINT-LAURENT 49 1 241 254 $
02 SAGUENAY–LAC-SAINT-JEAN 62 1 643 459 $
03 CAPITALE-NATIONALE 117 2 547 149 $
04 MAURICIE 54 1 455 029 $
05 ESTRIE 51 1 143 345 $
06 MONTRÉAL 425 12 044 302 $
07 OUTAOUAIS 80 1 753 688 $
08 ABITIBI-TÉMISCAMINGUE 11 375 797 $
09 CÔTE-NORD 16 495 374  $
10 NORD-DU-QUÉBEC 1 20 000 $
11 GASPÉSIE–ÎLES-DE-LA-MADELEINE 15 461 732 $
12 CHAUDIÈRE-APPALACHES 39 834 223  $
13 LAVAL 33 925 739 $
14 LANAUDIÈRE 19 570 296 $
15 LAURENTIDES 48 1 477 487 $
16 MONTÉRÉGIE 106 2 733 892 $
17 CENTRE-DU-QUÉBEC 22 529 728  $

SINCE 1997…

TECHNICAL ASSISTANCE SUPPORT*

*As at December 31, 2018

468

Number of projects

2 065 923 $

RISQ contribution

6 863 651 $

Investments generated

70 %

Lever effects*

Stages of development

  • Pre-startup
  • Startup
  • Expansion
  • Consolidation

SINCE 1997…

Pre-startup projects*

*As at December 31, 2018

81

Number of projects

4 658 800 $

RISQ contribution

11 820 984 $

Investments generated

61 %

Lever effect *

Stages of development

  • Pre-startup
  • Expansion

SINCE 1997…

Capitalization projects*

*As at December 31, 2018

567

Number of projects

21 839 273 $

RISQ contribution

293 407 314 $

Investments generated

92 %

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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