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 2020, 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, 2020

  • Pre-startup
    204 / 16%
  • Startup
    407/ 33%
  • Consolidation
    249 / 20%
  • Expansion
    380 / 31%

Total projects : 1 240

Investments by financial products

Technical Assistance – 488

Pre-startup – 100

Capitalization – Loans – 652

Capitalization – Guarantees – 32

Since 2007

Chantier Trust Loans – 320

Number of joint Capitalization/Trust loans – 146

Number of loans and amounts
invested by sector of activity

*As at December 31, 2020

Activity sectors Number Amount
Health and social services 142 3 684 176 $
Wholesale and retail 134 3 919 380 $
Manufacturing 107 3 041 765  $
Collective real estate 63 2 033 002 $
Arts and entertainment 92 2 350 962 $
Communications and information technologies 105 2 770 314 $
Development organizations 47 593 747
Professional services 71 1 672 125  $
Educational services 42 1 066 388 $
Waste management, recycling 48 1 559 180 $
Administrative and support services 46 1 564 961 $
Accommodation services 47 1 574 617 $
Agriculture and forestry 44 1 037 489  $
Restaurants, live entertainment bars, and micro-breweries 64 1 905 228 $
Individual services 45 1 338 777 $
Associations and citizen groups 59 997 437 $
 Loisirs and other 61 1 476 155 $
Transport and storage 23 847 505 $

Number of loans and amounts invested by region

*As at December 31, 2020

Region Number Amount
01 BAS-SAINT-LAURENT 55 1 397 922 $
02 SAGUENAY–LAC-SAINT-JEAN 68 1 851 759 $
03 CAPITALE-NATIONALE 127 2 790 064 $
04 MAURICIE 58 1 574 720 $
05 ESTRIE 53 1 072 915 $
06 MONTRÉAL 461 13 570 000 $
07 OUTAOUAIS 82 1 830 688 $
08 ABITIBI-TÉMISCAMINGUE 12 425 797 $$
09 CÔTE-NORD 18 524 474 $
10 NORD-DU-QUÉBEC 3 145 000 $
11 GASPÉSIE–ÎLES-DE-LA-MADELEINE 16 491 732 $
12 CHAUDIÈRE-APPALACHES 39 863 223  $
13 LAVAL 36 1 030 739 $
14 LANAUDIÈRE 21/ 645 296 $
15 LAURENTIDES 56 1 746 186  $
16 MONTÉRÉGIE 112 2 899 765  $
17 CENTRE-DU-QUÉBEC 23 572 928 $

SINCE 1997…

TECHNICAL ASSISTANCE SUPPORT*

*As at December 31, 2020

488

Number of projects

2 108 107 $

RISQ contribution

7 088 905 $

Investments generated

70 %

Lever effects*

Stages of development

  • Pre-startup
  • Startup
  • Expansion
  • Consolidation

SINCE 1997…

Pre-startup projects*

*As at December 31, 2020

100

Number of projects

5 771 300 $

RISQ contribution

14 183 053$

Investments generated

59 %

Lever effect *

Stages of development

  • Pre-startup
  • Expansion

SINCE 1997…

Capitalization projects*

*As at December 31, 2020

652

Number of projects

25 553 801 $

RISQ contribution

345 005 661 $

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.

consultez nos rapports annuels.

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