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…
Supported projects by legal status
Supported projects by enterprises’
level of development
*As at December 31, 2021
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.