Français
Home

The Quebec Culture Capital Fund was created on November 7, 2011 by the Government of Québec and the Fonds de solidarité FTQ to provide innovative financing to Québec cultural organisations interested in exporting their projects and products.

The Quebec Culture Capital Fund has a $100 million budget to support the marketing and export of major Québec cultural products.

It proposes new and innovative financial instruments in the financing of Québec cultural organisations, which take the form of equity voting shares, preferred shares, and loans.


Creation of the Quebec Culture Capital Fund

Faced with the need to provide a new form of financing to Québec cultural organisations interested in exporting their talent abroad, the Québec Government announced the creation of the Quebec Culture Capital Fund when it presented its budget in March 2011. Intended to support the development of major cultural projects, the Quebec Culture Capital Fund was officially launched in November of the same year.

The Quebec Culture Capital Fund has a $100 million budget to leverage the development of Québec’s cultural organisations and the export of its creative talent. The funding for the Quebec Culture Capital Fund is provided by the Government of Québec ($60 million) represented by the SODEC (Société de développement des entreprises culturelles), and by its partner the Fonds de solidarité FTQ ($40 million).

The Quebec Culture Capital Fund is an innovation in the Québec cultural sector because it considers the profit potential of the organisations applying for its support and proposes financing instruments that are new to the cultural sector that take the form of voting shares, preferred shares, and loans.

The specific areas eligible for Quebec Culture Capital Fund support are: live show production, book publishing and the purchase and sale of publishing rights, film and television production, cross-platform production, sound recording and the purchase and sale of catalogues, as well as interactive digital and video game production.