MRC La Côte-de-Beaupré — Young Promoters Fund (FJP)
Last Update: January 24, 2025
QC, Canada
Fonds Jeunes Promoteurs supports young Quebec entrepreneurs' growth
MRC La Côte-de-Beaupré — Young Promoters Fund (FJP) at a glance
Eligible Funding
- Max. $25,000
Timeline
- Continuous Intakes
Financing Type
Grant and Funding
Eligible Industries
- Agriculture, forestry, fishing and hunting
- Arts, entertainment and recreation
- Other services (except public administration)
- Public administration
Grant Providers
- MRC La Côte-de-Beaupré
Status
Open
Overview of the MRC La Côte-de-Beaupré — Young Promoters Fund (FJP) program
The Fonds jeunes promoteurs (FJP) aims to stimulate entrepreneurship among young individuals aged 35 and under in Quebec, providing up to $25,000 in repayable financial support and necessary mentoring for starting, creating, or acquiring a business. Eligible activities include establishing a new business, concreting a business project, or acquiring an existing business within the MRC de La Côte-de-Beaupré.
Financing terms and conditions
This grant provides financial support for young entrepreneurs through a repayable contribution, aimed at fostering business creation in the MRC La Côte-de-Beaupré. The funding is structured to support various aspects of new business endeavors.
- Maximum financial aid of $25,000 in the form of a repayable contribution.
Eligible projects & activities
This fund is designed to stimulate entrepreneurship among young individuals aged 35 years and under by supporting them in establishing or acquiring a business, while providing both technical and financial backing.
- Realization of a business project.
- Establishment of a new business.
- Acquisition of an existing business.
Examples of admissible projects:
$ 40,000
Launch an eco-friendly packaging startup for local produce
$ 30,000
Expand artisanal bakery to include gluten-free products
$ 75,000
Start a mobile app to connect local artisans and consumers
$ 50,000
Renovate historic inn to enhance tourist experience
$ 25,000
Develop organic skincare line using local herbs
$ 90,000
Establish a community arts center for local artists
Eligibility criteria of the MRC La Côte-de-Beaupré — Young Promoters Fund (FJP) program
Eligibility for this grant is determined by specific criteria focused on the applicant's personal and professional background, as well as the business's geographical location.
- The applicant must be a Canadian citizen or a landed immigrant and a permanent resident of Quebec.
- The applicant must be between 18 and 35 years old.
- The applicant must have relevant experience or training related to the project.
- The applicant must commit to working full-time in the business (35 hours).
- The business must be established within the territory of the MRC de La Côte-de-Beaupré.
- The applicant's participation in startup mentoring is mandatory.
Who is eligible?
The available funding solutions are tailored for businesses looking to expand or consolidate by providing financial advice and support for financing. These solutions are administration-driven by Développement Côte-de-Beaupré and cater to various forms of enterprises, promoting local investment and economic development across different sectors.
- Businesses facing growth challenges or expansion needs.
- Enterprises seeking additional financing sources beyond existing arrangements.
- New entrepreneurs aiming to start or acquire businesses.
- Projects contributing to local economic and social wealth creation.
- Social economy enterprises seeking development funds.
- Youth-led projects aiming to make dynamic contributions to the economy.
- Events or projects focusing on enhancing community and regional attractiveness.
- Self-employment ventures requiring strategic support.
Eligible geographic areas
Eligible companies for this grant must be located in a specific geographical area as dictated by the grant requirements. This focus is intended to foster business development within targeted locales for strategic regional advancement.
- Companies must be situated within the territory of the MRC de La Côte-de-Beaupré.
How to apply to the MRC La Côte-de-Beaupré — Young Promoters Fund (FJP) program
1
Initial consultation
- Contact Développement Côte-de-Beaupré to discuss your project and specific needs.
- Evaluate eligibility for one of the proposed financing solutions based on your project.
2
Preparation of the funding request
- Gather the necessary information regarding your project and financial needs.
- Provide a detailed description of the project including the objectives, budget, and expected outcomes.
3
Submission of the application
- Fill out the application form provided by Développement Côte-de-Beaupré.
- Submit the application along with the required documents electronically or according to the provided instructions.
4
Post-Submission Follow-up
- Receive a confirmation of receipt of your request.
- Wait for the response from Développement Côte-de-Beaupré regarding the evaluation of your request.
Additional information
Here are additional relevant details for this grant:
- The organization offers personalized guidance through a dedicated team to assist with financing solutions.
- A variety of funds, including the Fonds local de solidarité and Fonds microcrédit, are available depending on the needs and stage of the business.
- An autonomous work support measure (STA) is mentioned as an option for starting or acquiring a business.
- Applicants are encouraged to utilize tools such as video explainer capsules and toolboxes provided by the organization.