35.18. The Québec Enterprise Growth Fund is established within the Ministère de l’Économie et de l’Innovation.
The purpose of the Fund is to expand and grow the sums credited to it by supporting enterprises whose principal activities are carried on in Québec and that have a high growth potential or are strategic to Québec’s economy, by investing in participations in those enterprises or in funds of any juridical form pursuing the same object, other than a special fund within the meaning of section 5.1 of the Financial Administration Act (chapter A-6.001). A participation includes the acquisition of a right of ownership in assets but excludes claims that can be converted into participations.
2019, c. 292019, c. 29, s. 301.