ARBJ — Targeted Financing Program (TFP)

The ARBJ — Targeted Financing Program (TFP) provides strategic financial support for eligible projects, ensuring appropriate resource allocation. The program determines the financial assistance through a comprehensive analysis of each project's dossier.

• Maximum contribution of 20% of the total eligible expenses.
• The form of financial aid, whether through equity capital, loans, or grants, is decided based on the project analysis.

Eligibility for the ARBJ — Targeted Financing Program (TFP) is determined by meeting several criteria to support strategic projects.

• The promoter must be at least 18 years old.
• Total eligible expenses for the project must exceed $250,000.
• Contribution from other financial partners is required.
• The promoter must invest personal or organizational funds into the project.
• The promoter and project must benefit the population residing in Chapais, Chibougamau, Lebel-sur-Quévillon, Matagami, or non-Cree persons residing in the territory governed by the Eeyou Istchee James Bay Regional Government.

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.

The evaluation and selection of projects for the ARBJ — Targeted Financing Program (TFP) are based on multiple factors to ensure the effectiveness and sustainability of the proposed initiatives.

• Diversification of the economic market and saturation levels.
• Promoter's experience and track record.
• Realism and viability of the project, including objectives, timeline, and budget.
• Potential impacts of the project on the sustainable development of the region.
• Confidence rating, considering risk management.
• Nature of the financing sought (capital structure, loan, or grant).
• Promoter's involvement in terms of funding type and time dedicated to the company.
• Financial status of the enterprise.
• Substance of additional funding obtained.
• Regulatory compliance.
• Job creation resulting from the project.