The Emergency Assistance for Small and Medium-Sized Businesses program is designed to offer temporary support to businesses experiencing financial hardship due to COVID-19 and who need $50,000 cash or less.

Eligible clients

The following businesses are eligible for the program:

  • businesses in all industry sectors;
  • social economy enterprises, including cooperatives and not-for-profit organizations involved in commercial activities.

Eligible companies must:

  • have been in operation in Québec for at least one year;
  • be temporarily closed, likely to close or showing signs of closure;
  • be at a stage of maintaining, consolidating or relaunching their operations;
  • demonstrate a causal link between their financial or operational hardship and the COVID-19 pandemic.

Applicants who are under the protection of the Companies’ Creditors Arrangement Act (LRC, 1985, chapter 36) or the Bankruptcy and Insolvency Act (LRC, 1985, chapter B-3) are ineligible.

Assistance stream for businesses in regions under maximum alert (ABRUMA)

In order to support businesses that must partially or completely cease operations because they are located in a maximum alert zone (red zone), a new stream has been created within the Emergency Assistance for Small and Medium-Sized Businesses. The Assistance for Businesses in Regions Under Maximum Alert (ABRUMA) will consist of a non-repayable loan (loan forgiveness) subject to the following criteria:

  • applies to loans granted as part of the Emergency Assistance to Small and Medium-Sized Businesses program;
  • is equal to certain core operating costs payable for the targeted closure period, including:
    • municipal and school taxes,
    • rent (the part not covered by another government program),
    • interest on a mortgage,
    • utility costs (e.g. electricity, gas),
    • insurance,
    • telecommunication costs,
    • association fees and licenses.

Loan forgiveness amounts will cover up to 80% of eligible core operating costs to a maximum of $15,000 per month of closure.

Eligible businesses must:

To apply

For information about the Emergency Assistance for Small and Medium-Sized Businesses program, contact your regional county municipality (RCM), your municipal office or the authority that manages the Local Investment Fund in your RCM.