CAE Beauce-Chaudière — Digital Strategy Financing
QC, Canada
Digitalization support for Beauce businesses’ operational advancement
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|fromMinToMax
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Loans and Capital investments
grant_single|eligibleIndustries
- grant_single|allIndustries
grant_single|grantors
- CAE Beauce-Chaudière
grant_single|status
grant_card_status|open
grant_single_labels|preview
The CAE Beauce-Chaudière — Digital Strategy Financing provides loans of up to $25,000 to support businesses in adopting digital technologies. Eligible activities include enhancing digital operations for businesses with 200 or fewer employees located in Beauce.
grant_single_labels|terms_and_conditions
- Loan amount ranging from $10,000 to $25,000 per project.
- 0% interest rate for the first 24 months.
- An interest discount of 2% off regular rates after the initial period.
- Option for a capital moratorium for up to 24 months.
- Maximum amortization period of 7 years.
- Financing available for up to two projects per business.
- Requirement of a personal guarantee from the borrower.
- No collateral needed for financing.
grant_single_labels|admissibility
- The business must be located in Beauce.
- The entrepreneur must work full-time in their business (minimum 30 hours per week).
- Financing from the CAE through the regular fund, equal to or greater than the digital strategy financing, must be part of the financial arrangement.
- The business must have 200 employees or fewer.
- The financing cannot be used to refinance debt or to conduct a feasibility study.
grant_eligibility_criteria|zone
- Beauce region
grant_single_labels|otherInfo
- The loan offers an interest discount of 2% off regular rates after the initial 24 months.
- Business owners have the option for a capital moratorium of up to 24 months, allowing flexibility in repayment schedules.
- The maximum amortization period for the loan is 7 years, providing long-term financing solutions.
- Financing is available for up to two projects per business, supporting multiple initiatives within the same organization.
- No collateral is required, reducing the financial burden and risks for applicants.
