MRC Charlevoix — Support Fund for Start-up and Expansion QC Canada

MRC Charlevoix — Support Fund for Start-up and Expansion

QC, Canada
Financial aid for business startups and expansion in Charlevoix
grant_single_labels|summary
grant_single_labels|preview
grant_single_labels|projects
grant_single_labels|admissibility
grant_single_labels|criteria
grant_single_labels|register
grant_single_labels|otherInfo

grant_single_labels|summary

grant_single|eligibleFinancing
  • grant_single|maxCount
  • grant_single|projectCostPercent
grant_single|deadlines
  • grant_single|openingDateJanuary 01, 2023
  • grant_single|closingDateDecember 31, 2023
grant_single|financingType
Grant and Funding
Loans and Capital investments
grant_single|eligibleIndustries
  • Educational services
  • Health care and social assistance
  • Other services (except public administration)
  • Public administration
grant_single|grantors
  • MRC Charlevoix
grant_single|status
grant_card_status|open

grant_single_labels|preview

The grant offers up to $100,000 in non-repayable contributions aimed at supporting entrepreneurship by creating and maintaining viable businesses, financing their startup, expansion, or acquisition, and contributing to employment development within the MRC's economic territory. Eligible activities include creating and developing businesses, transferring ownership, and supporting economic growth and job creation.

grant_single_labels|projects

The available financial support focuses on stimulating entrepreneurship and economic development in the Charlevoix region. Eligible projects include business start-ups, expansions, and initiatives aimed at enhancing local economic vitality.
  • Creation and support of viable businesses.
  • Financing for the start-up, expansion, or acquisition of businesses.
  • Support for employment development in the region.
  • Transfer of ownership of an existing and operating business.
  • Projects aimed at the sustainable emergence within social economy enterprises.
  • Initiatives focused on improving productivity and profitability through specialized expertise.
  • Projects that stimulate project diversification and foster territorial vitality.
  • Development of new markets through exploratory projects.

grant_single_labels|admissibility

Eligibility for this grant is determined by specific requirements related to the applicant's business status, financial plan, and location within the MRC de Charlevoix.
  • The enterprise must be a legally constituted for-profit organization.
  • The enterprise must either be in the startup phase with a recognized business plan or in expansion with at least one year of financial statements.
  • The project must be located within the territory of the MRC de Charlevoix.
  • The project must involve expenses in equipment and/or fixed assets.
  • For startups, the project must create at least one full-time paid job or equivalent within the first year.
  • For expansions, the project must create or maintain at least one full-time job or equivalent within the year following the expansion.
  • The applicant must provide a minimum personal investment of 20% of the project's cost.
  • The financial assistance must be essential to the realization of the project.
  • The enterprise must demonstrate financial stability and sufficient liquidity for its proper functioning.
  • The enterprise should not have benefited more than once from the expansion support component.
  • Eligible costs exclude those incurred or completed before submitting the project to the MRC de Charlevoix.

grant_eligibility_criteria|who_can_apply

This fund focuses on supporting projects that stimulate the startup and expansion of new businesses on the territory, aiming for long-term job creation, economic vitality, and innovative endeavors in the MRC de Charlevoix.
  • Projects must align with the fund's objectives, which include stimulating entrepreneurship and business growth in the MRC de Charlevoix.
  • Favor the creation of durable jobs.
  • Enhance the economic dynamism and vitality of the MRC de Charlevoix.
  • Act as a lever for promising and innovative projects.
  • Demonstrate project quality, originality, innovation, and community support regarding the project's interest.
  • The financial setup must be coherent.
  • Be in alignment with the FRR (Regional and Rural Fund) intervention priorities of the MRC de Charlevoix.

grant_eligibility_criteria|who_cannot_apply

The grant excludes certain types of companies and projects based on their main activities or the nature of their business. These restrictions ensure that the funds are allocated to businesses that align with the region's economic and strategic objectives.
  • Projects or businesses related to gambling, esotericism, clairvoyance, astrology, or personal growth.
  • Projects with political, religious, sexual, violent, discriminatory, or degrading activities or purposes.
  • Companies engaged in activities that may be controversial and could negatively impact the reputation of the MRC de Charlevoix.

grant_eligibility_criteria|eligible_expenses

The grant covers specific capital and technology-related expenses essential for initiating or expanding a business on the territory of the MRC de Charlevoix.
  • Capital expenses such as land, buildings, equipment, machinery, material vehicles, and incorporation fees.
  • Acquisitions of technological tools, technologies, intellectual properties, software, and similar expenses.
  • Working capital needs strictly related to the company's operations calculated for the first year of operation.

grant_eligibility_criteria|zone

This grant is specifically aimed at businesses operating within the administrative confines of certain Municipal Regional Counties (MRCs) or provinces in Quebec. Eligible regions are identified to support local economic development initiatives.
  • Companies located in the MRC de Charlevoix.
  • Businesses within the Région de la Capitale-Nationale.
  • Entrepreneurs or businesses involved in specific programs related to the Fédération québécoise des municipalités (FQM) within Quebec.

grant_single_labels|criteria

The evaluation and selection of projects for this grant are based on specific criteria to ensure alignment with the fund's objectives of stimulating economic vitality and supporting innovative business projects.
  • Alignment with the objectives of stimulating the startup and expansion of new enterprises in the territory.
  • Potential to create sustainable employment opportunities.
  • Contribution to the economic dynamism and vitality of the MRC de Charlevoix region.
  • The potential of the project to act as a lever for significant and innovative developments.
  • Originality, innovation, and local support or interest generated by the project.
  • Coherence and feasibility of the financial plan.
  • Alignment with the MRC de Charlevoix's FRR (Fonds de développement du Réseau rural) intervention priorities.

grant_single_labels|register

Here are the steps to submit an application for this grant:
  • Step 1: Gather Necessary Documents
  • Ensure you have the company's registration documents and personal balance sheets.
  • Compile a comprehensive business plan, including 3-year financial forecasts.
  • Collect credit history and any shareholder agreements if applicable.
  • Prepare necessary quotes, blueprints, and specifications related to the project.
  • Step 2: Prepare Business Plan
  • Utilize the provided tools such as the business plan guide and templates available for download.
  • Ensure your plan is detailed and aligns with the objectives and criteria outlined by the MRC de Charlevoix.
  • Step 3: Review Eligibility and Criteria
  • Ensure your project aligns with the support fund's objectives and eligible expenses.
  • Verify that you meet the minimum funding requirement (20% of project cost from the promoter).
  • Step 4: Submit Application
  • Submit detailed application along with all supporting documents to the MRC de Charlevoix.
  • Confirm submission meets all outlined guidelines and deadlines.
  • Step 5: Follow-up
  • Ensure you receive confirmation of receipt of your application.
  • Prepare for possible follow-up questions or additional documentation requests from the funding body.

grant_single_labels|otherInfo

Here are additional relevant details for this grant:
  • The funding provides contributions that are non-refundable, which signifies that they do not need to be paid back.
  • Applicants must demonstrate that financial assistance is crucial for the project's success.
  • The contribution from the MRC of Charlevoix is contingent on the availability of funds, meaning funding is not guaranteed.
  • To benefit from the funding, projects should align with the overarching aim to drive entrepreneurship and economic development within the MRC of Charlevoix.
  • The support from this fund should not be seen as automatically renewable for future projects, even if the applicant has not yet received the maximum allocation.
  • Companies must be legally registered and have necessary permits and authorizations before receiving support.
  • The applicant must contribute a minimum of 20% of the project's total cost from their own resources.

Apply to this program