DEL — Expertise Financing Grant
Longueuil, QC, Canada
Financial assistance of up to $20,000 to support specialized professional services in validating technology, market strategies, and operational efficiency for businesses in the Longueuil agglomeration.
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|openingDateJanuary 01, 2002
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- grant_single|allIndustries
grant_single|grantors
- Développement économique de l'agglomération de Longueuil (DEL)
- Longueuil City
grant_single|status
grant_card_status|open
grant_single_labels|preview
The Subvention for Financing Expertise provides non-reimbursable financial assistance up to $20,000, covering 50% of professional external fees associated with business projects. Eligible activities include technological validation, market validation, profitability diagnostics, operational efficiency, human resource management, strategic planning, and related professional legal and architectural fees. This program aims to support businesses established or intending to establish in Longueuil in minimizing market and technical risks, ultimately fostering job creation and retention.
grant_single_labels|projects
There are several projects and activities eligible for this grant, mainly focusing on business validation, operational efficiency, and strategic planning.
- Technological validation
- Market validation (marketing)
- Profitability diagnostics
- Operational efficiency
- Human resource management
- Strategic reflection and planning
- Legal professional fees related to the project
- Architects' professional fees
- Other pertinent professional fees or expenses
grant_single|admissibleProjectsExample
$17,500
Longueuil
Strategic planning for expanding a local arts non-profit organization
$20,000
Longueuil
Legal and architectural fees for a new community center
$14,000
Longueuil
Human resource management optimization for a local restaurant chain
$20,000
Longueuil
Conducting market validation activities for new eco-friendly packaging products
$20,000
Longueuil
Profitability diagnostics for a tech startup focused on AI solutions
$15,000
Longueuil
Optimizing operational efficiency for a community healthcare cooperative
grant_single_labels|admissibility
The grant eligibility criteria include that the business must be legally constituted, operate in an eligible sector, and be established or plan to establish in the Longueuil area. The business must also benefit the local economy and not be in default with the government or creditors.
- Must be legally constituted
- Must be established on the territory of Longueuil or intend to establish there
- Must operate in an eligible sector and provide products or services usually aimed at businesses (B2B)
- Must present a project that creates and/or maintains jobs
- Must obtain refundable funding from DEL
- Must present a project that falls within an eligible category
- Must demonstrate that the business and entrepreneur are not in default with the government and creditors, and are not involved in any litigation
grant_eligibility_criteria|who_can_apply
The grant offered by DEL is available to legally constituted, for-profit companies, social economy enterprises, and some non-profit organizations located in the agglomeration of Longueuil. Priority is given to those with less than 200 employees working mostly within this region.
- For-profit companies
- Social economy enterprises as defined by the Law on Social Economy (RLRQ, chapter E-1.1.1)
- Non-profit organizations with structuring impacts and direct benefits to Longueuil agglomeration
grant_eligibility_criteria|who_cannot_apply
Yes, certain types of companies are not eligible for this grant. Below is a summary followed by a list of the ineligible sectors and enterprises:
- Enterprises in sectors such as sex work, religion, politics, and controversial activities.
- Companies involved in speculative businesses.
- Financial sector firms, including financial cooperatives.
- Franchises, banners, licenses, or any dependent economic management enterprises.
- Contract-based revenue companies.
- Single-supplier exclusive subcontractors.
- Retail businesses including stores and personal services except for social economy enterprises.
grant_eligibility_criteria|eligible_expenses
Certain expenses are eligible for the grant, including costs associated with external professional consultations to support the business project.
- Technology validation (patents, materials, innovations)
- Market validation (buyers, products, market trends)
- Profitability diagnostics
- Operational efficiency
- Human resource management
- Strategic planning and reflection
- Legal professional fees related to the project
- Architect professional fees
- Other relevant professional fees or expenses
grant_eligibility_criteria|zone
The eligible geographic zones for this grant include the cities within the agglomeration of Longueuil. These are the areas where the businesses must be located or have significant economic impacts.
- Boucherville
- Brossard
- Longueuil
- Saint-Bruno-de-Montarville
- Saint-Lambert
grant_single_labels|criteria
The grant application will be evaluated and selected based on specific criteria detailed in the guidelines, including alignment with outlined priorities and adherence to required conditions.
- Priorities of intervention alignment
- Compliance with eligibility conditions
- Demonstration of good viability and profitability prospects
- Proof of no existing litigation or defaults
- Ownership and control by a Canadian citizen or permanent resident with domicile in Quebec
- Substantial contributions to economic and social benefits in the Longueuil agglomeration
grant_single_labels|register
- Step 1: Determine Eligibility
- Ensure your business is legally constituted.
- Confirm your business is located within the agglomeration of Longueuil or plans to establish there.
- Ensure your business operates in an eligible sector and provides value-added services or products to businesses (B2B).
- Verify that your business presents a project favoring job creation and/or maintenance.
- Ensure no defaults with the government or creditors, and no pending litigation.
- Step 2: Prepare Required Documents
- Obtain an offer of services from external professionals for project execution.
- Prepare to submit invoices and payment proofs for eligible expenses.
- Prepare a summary report of activities and implemented recommendations.
- Step 3: Contact DEL
- Contact DEL to schedule a consultation or appointment to discuss your project and funding needs.
- Use the contact details provided for communication:
- Phone: 450 645-2335
- Toll-free: 1 866 599-2335
- Email: info@delagglo.ca
- Address: 204, boul. De Montarville, bureau 120, Boucherville (Québec) J4B 6S2
- Step 4: Submit Application
- Submit your project proposal along with all required documents electronically via the DEL website (www.delagglo.ca).
- Ensure the application includes detailed plans and justification for the funding request.
- Step 5: Wait for Acknowledgment
- DEL will send an acknowledgment of receipt within two business days after submission.
- Step 6: Evaluation and Approval
- DEL will evaluate the application based on the project details and funding availability.
- If approved, DEL will issue a confirmation and arrange for the signing of a funding agreement which details the commitments and payment terms.
- Step 7: Implement Project
- Use the funding strictly for the approved project.
- Follow the project timeline and reporting requirements as agreed with DEL.
- Step 8: Reporting and Reimbursement
- Submit periodic reports and final summary report detailing the project outcomes and expenses.
- Provide DEL with all necessary financial documents, including paid invoices and proofs of payment, to claim the reimbursement.
Apply to this program
Grant Summary for the Subvention Pour Financement d'Expertise
The Subvention Pour Financement d'Expertise grant offers up to $20,000 in non-repayable financial assistance to businesses within Longueuil's agglomeration. This grant supports external professional services that aid in business project execution, covering up to 50% of related fees.
Comprehensive Guide to the Subvention Pour Financement d'Expertise Grant
The Subvention Pour Financement d'Expertise is a valuable financial aid initiative facilitated by Développement économique de l'agglomération de Longueuil (DEL). This grant is specifically designed to financially support small and medium-sized enterprises (SMEs) within Longueuil's region by subsidizing external professional services essential for their business projects. In this detailed guide, we will explore every aspect of this grant, its benefits, eligibility criteria, application process, and more, to help you fully understand how your business can take advantage of this opportunity.
Grant Overview and Benefits
The Subvention Pour Financement d'Expertise stands out due to its strategic support aimed at minimizing technical and market risks associated with business projects. Here are the primary benefits:
- Non-repayable financial assistance: The grant provides up to $20,000 in non-repayable aid.
- Cost-sharing model: This grant can cover up to 50% of the professional fees, ensuring businesses only bear half the cost.
- Assurance of expertise: It facilitates access to specialized professional services that can significantly contribute to the project's success.
Eligibility Criteria
In order to apply for the Subvention Pour Financement d'Expertise, businesses must meet the following eligibility conditions:
- Legal establishment: The company must be legally constituted.
- Geographical requirement: Companies should be based in the Longueuil agglomeration or plan to establish themselves there.
- Sectoral eligibility: Only specific sectors, usually those offering value-added services or products to other businesses (B2B), are considered.
- Employment impact: The project should promote job creation or maintenance.
- Pre-approval financing: The applicant must secure repayable financing from DEL.
Eligible Expenses
Not all expenses qualify for reimbursement under this grant. The following categories of expenses are deemed eligible:
- Technological and Market Validation: Costs associated with technology validation, market validation, marketing research, etc.
- Operational Efficiency: Consultancy fees related to operational efficiency improvement.
- Strategic Planning: Costs incurred for strategic reflection and planning.
- Human Resources Management: Professional fees for human resources management services.
- Legal and Architectural Fees: Professional legal and architectural fees related to the project.
Application Process
The application process requires detailed preparation and adherence to specific guidelines. Here is a step-by-step outline:
- Consultation Requested: Schedule an appointment with DEL to discuss the project's requirements and get initial feedback.
- Professional Services Proposal: Obtain and submit service offers from the external professionals selected to aid in the project.
- Submission of Application: Complete the application form provided by DEL, attaching all necessary documents including proof of payment and invoices.
- Activity Report: Submit a summary report of the activities undertaken and the recommendations implemented.
Supporting Documentation
The application must include supporting documents to validate the expenses and ensure compliance with grant requirements:
- Invoices and Payment Proof: Detailed invoices and proof of payments made for professional services.
- Project Summary Report: A comprehensive report summarizing the project's activities and recommendations implemented.
Evaluation and Disbursement
Once the application is submitted, DEL evaluates it based on the project's feasibility, the entrepreneur's credibility, and compliance with the eligibility and admissibility conditions. Approved applications will be disbursed as follows:
- Reimbursement Basis: Funds are provided on a reimbursement basis upon the submission of valid invoices and proofs of payment.
- Maximum Limit: The grant covers up to 50% of the professional fees to a maximum of $20,000.
Important Considerations
Here are several key points to consider when applying for the Subvention Pour Financement d'Expertise:
- Non-Compliance Consequences: Failure to comply with the grant conditions may lead to cancellation or partial retrieval of the funds.
- Transparency and Reporting: Regular updates and final reports on the project's progress and outcomes are essential.
- Competitive Nature: As funds are limited, not all applications may be approved, emphasizing the importance of a well-prepared application.
Conclusion
The Subvention Pour Financement d'Expertise grant is an invaluable opportunity for businesses within the Longueuil agglomeration to access vital professional services, aiding in the successful execution of their business projects. By providing substantial financial support, this grant mitigates risks and enhances project feasibility, ultimately contributing to the region's economic growth. If your business meets the eligibility criteria, consider leveraging this grant to elevate your projects and drive sustainable growth.
Contact Information
If you have any questions or need further assistance with your grant application, feel free to reach out to DEL at:
- Email: info@delagglo.ca
- Phone: 450-645-2335 or 1-866-599-2335