In spring 2002, La Financière agricole du Québec created an investment branch, Capital Financière agricole Inc., to provide venture capital for profit making projects that develop the agricultural and agri-food sector, thereby contributing to the economic growth of Québec.
FIRA is a private company whose mission is to help the next generation gain access to the field of agriculture. The fund was created with the assistance of the following partners: The Governement of Québec, the Fonds de solidarité FTQ and Capital régional et coopératif Desjardins. In 2011, they joined forces to create the Fonds d’investissement pour la relève agricole (FIRA). Through their respective contributions of $25M to the fund, these partners support the development of agriculture in Québec by allowing the sustainability of our farming businesses and encouraging a new generation to take them over.