ARBJ — Targeted Financing Program (TFP)
- Open continuously
Overview
The ARBJ — Targeted Financing Program (TFP) offers a maximum funding contribution of 20% towards eligible projects costing $250,000 or more, aiming to support projects that benefit specific regions in Quebec. Eligible activities include staff salaries, service acquisition, equipment costs, and marketing expenses.
At a glance
Funding available
- Develop a new product or service
- Conduct research and development activities
- Launch or market a product/service
- Up to 20% of project cost
- Open continuously
Eligible candidates
- All industries
- Nord-du-Québec
- Quebec
- Non-profit
- Public or Parapublic institution
- For-profit business
- Non-financial cooperative
- All revenue ranges
- All organization sizes
- Rural or Northern Residents
- Canadians
- Startups
- Economic, Social and Community Development
- General public
- Rural / Remote communities
- Business owners / entrepreneurs
- All structures
- Regional
Next steps
Activities funded
The Targeted Financing Program (TFP) is designed to support substantial projects, generally emphasizing regional development and innovation. Eligible activities under this grant can range from enhancing local business capabilities to fostering sustainable practices and infrastructure development.
- Acquisition of project-related services and equipment.
- Development of marketing strategies and promotional activities.
- Conducting studies and research work.
- Creation of prototypes for innovative products or services.
- Implementation of economic diversification projects benefiting the region.
- Professional development and training for workforce enhancement.
Eligibility
Who is eligible?
Eligible applicants for the ARBJ — Targeted Financing Program (TFP) include businesses, non-profit organizations, and cooperatives. To qualify, proponents must be at least 18 years old, with total eligible expenses exceeding $250,000, and require financial participation from other partners. The project and proponent must benefit the population residing in Chapais, Chibougamau, Lebel-sur-Quévillon, Matagami, and non-Cree individuals in the Eeyou Istchee James Bay Regional Government territory.
Eligible expenses
The grant covers specific expenses directly related to the project's implementation and success.
- Salaries and social charges.
- Acquisition costs of services and project-related equipment.
- Office supplies, utilities, telephone, and insurance.
- Rental and maintenance costs of equipment and office spaces.
- Professional fees.
- Marketing expenses including advertisements and promotions.
- Working capital.
- Relevant registration fees.
- Expenses related to conducting studies and research work.
- Costs for creating a prototype.
- Travel and representation expenses.
Eligible geographic areas
The ARBJ Targeted Financing Program provides funding for projects that benefit residents of specific municipalities and regional territories. Focused on the development of these areas, it ensures alignment with local economic growth objectives.
- Cities of Chapais, Chibougamau, Lebel-sur-Quévillon, and Matagami.
- Non-Cree residents within the territory of the Eeyou Istchee Baie-James Regional Government.
Frequently Asked Questions about the ARBJ — Targeted Financing Program (TFP) Program
What is the ARBJ — Targeted Financing Program (TFP)?
How much funding can be received?
Who is eligible for the ARBJ — Targeted Financing Program (TFP) program?
What expenses are eligible under ARBJ — Targeted Financing Program (TFP)?
Who can I contact for more information about the ARBJ — Targeted Financing Program (TFP)?
Where is the ARBJ — Targeted Financing Program (TFP) available?
Is the ARBJ — Targeted Financing Program (TFP) a grant, loan, or tax credit?
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