With the participation of more than 245 private investors, National
Bank Private Investment has completed the initial capitalization of
$200 million for the National Bank SME Growth Fund, L.P. (the “Fund”).
This initial capital will allow the Fund to support the economic
recovery effort that is underway. Businesses can now apply for
financing to support their transfer, growth and acquisition projects.
Announced in July 2020, the Fund was created as part of an equal
partnership with the Quebec government and will support Quebec’s
economic recovery and the digital transformation of its small and
medium-sized enterprises. It complements the bank financing available