ARBJ — Company follow-up program (PSE)

This grant provides structured financing opportunities to support the strategic continuity or growth of enterprises in specified regions. The modalities focus on cost-sharing and performance-based assessments.

• Co-financing of up to 50% of the total eligible costs, with the maximum grant amount capped at $20,000.

Eligibility for this grant is determined by specific requirements related to the company's status and contributions to the project.

• The company must have been in operation for at least six months.
• The grant must complement, but not replace, programs by MESI and SQ.
• The promoter must contribute a 20% financial investment to the project.
• The promoter and project must benefit the population residing in the areas of Chapais, Chibougamau, Lebel-sur-Quévillon, Matagami, and for non-Cree individuals residing in the Eeyou Istchee Baie-James Regional Government territory.

Who is eligible?

Eligible applicants for the ARBJ — Company follow-up program (PSE) include various organizations such as businesses, non-profit organizations, and cooperatives. To qualify, these entities must have been in operation for a minimum of six months. Additionally, the applicants should reside and operate within the territories of Chapais, Chibougamau, Lebel-sur-Quévillon, Matagami, or for non-Cree individuals within the Eeyou Istchee Baie-James regional government area. Applicants are also required to contribute a 20% financial share to the project, ensuring that the grant complements existing programs by the MESI and SQ rather than replaces them.

Eligible expenses

Eligible expenses for the ARBJ - Company Follow-up Program (PSE) focus on ensuring the continuity and growth of the enterprise.

• Consultant fees for market analysis.
• Research and development costs.
• Research demonstrating the viability of the company in distress situations.
• Professional fees essential for the maintenance or growth of the company.
• Travel and representation expenses.

Eligible geographic areas

This grant is accessible to businesses and organizations operating within specified regions. The eligible geographical areas are designated to enhance local development efforts.

• The 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 — Company follow-up program (PSE) are based on specific criteria to ensure strategic support for business continuity and growth.

• Experience and track record of the stakeholders.
• Financial situation of the company.
• Strategic assurance of the company's continuity or growth, emphasizing permanence over temporary solutions.
• Commitment of the parties involved in the strategy.

Additional details that applicants may find useful:

• The grant aims to strategically ensure the continuity or growth of the business in a lasting manner.
• A sponsor's contribution of 20% is required, showing a vested interest in the project's success.
• The grant supports distinct activities such as consultancy fees for market analysis and essential professional fees for business growth.