RESO Investissements Inc. (RII), a capital development fund for the Sud-Ouest, was born out of the community’s need for a new tool that not only aided the start-up and growth of new business and strengthened existing businesses, but ensured that these businesses took root in the Sud-Ouest in the long term.

The fund is intended for both profit-seeking businesses and businesses of the social economy in the Sud-Ouest, including those based in the boroughs of LaSalle and Lachine.

Objectives:

• Boosting economic growth and strengthening businesses in the district
• Encouraging the emergence of job-creating projects
• Industry sectors:
  • Manufacturing, high-value-added service industries, life sciences, robotics, leading-edge technology and advanced industry, excluding financial services, real estate, and mining and gas exploration and development
• Investment of $50,000 to $450,000
• Debentures, convertibles, equity-type loans
• Complementary to institutional and government financing tools
• Submission of a complete business plan, including promoters’ curricula vitae

For more information, Moustafa Magar.