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DEPS — Young Promoters Fund
Last Update: March 4, 2026
Quebec, Canada
Funding support for young Quebec entrepreneurs aged 18-39
Grant and Funding
Overview
The DEPS — Young Promoters Fund aims to support entrepreneurs aged 18 to 39 in creating their first or second business through technical and financial assistance. Eligible activities can receive a non-repayable contribution of up to $6,000, with the amount varying depending on the industry sector.
At a glance
Funding available
Financing goals
- Integrate new technologies
- Reduce the ecological footprint
- Renovate your business/factory
Eligible Funding
- Maximum amount : 6,000 $
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- Manufacturing
- Retail trade
- Other services (except public administration)
- Public administration
Location
- Pierre-De Saurel
- Montérégie
- Quebec
Legal structures
- For-profit business
- Sole proprietorship
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Youth (<40)
- Startups
Activities funded
- Conducting feasibility or other preparatory studies for the creation of a first business.
- Creation of a first or second business by the entrepreneur.
- Acquisition of relevant training for the entrepreneur benefiting from financial support to create a first business.
Eligibility
- The applicant must be aged between 18 and 39.
- Possession of relevant experience or training related to the project is required.
- The applicant must be located in the MRC of Pierre-De Saurel.
- Applicants must be Canadian citizens or landed immigrants and permanent residents of Quebec.
- Ownership of the business must not exceed 24 months at the time of applying for funding.
Who is eligible?
- Entrepreneurs aged 18 to 39.
- Citizens or permanent residents of Quebec.
- Individuals with relevant experience or training related to the project.
Who is not eligible
- Companies with a sexual, religious, or political character.
- Enterprises involved in controversial activities, such as dating agencies, war games, tarot, numerology, astrology, courses for personal growth, or pawn shops.
Eligible expenses
- Honoraires professionnels.
- Frais d’expertise et autres frais pour les services de consultants ou spécialistes requis pour réaliser les études.
- Acquisition de technologies (savoir-faire, licence ou accord de fabrication, brevet), logiciels ou progiciels.
- Dépenses en capital telles que terrain, bâtisse, équipement, machinerie, matériel roulant, frais d’incorporation à l’exception des dépenses d’achalandage.
- Besoins de fonds de roulement se rapportant strictement aux opérations de l’entreprise calculés pour la première année d’opération.
- Frais d’inscription, coûts du matériel didactique et autres frais nécessaires pour la participation de l’entrepreneur aux activités de formation approuvées.
Eligible geographic areas
- Territory of the MRC de Pierre-De Saurel, Quebec, Canada.
Selection criteria
- Viability of the project and its potential for long-term success.
- Creation or retention of permanent jobs on the MRC territory.
- Extent of financial involvement by the promoter.
- Good prospects for economic viability and profitability in the first two years of operation.
- Demonstration of the necessity and complexity of required studies (if applicable).
- Detail of the financial structure required for project execution.
- Necessity and relevance of any proposed training for the entrepreneur.
- Overall impact and potential socioeconomic benefits of the project on the regional community.
How to apply
1
Gather the necessary documents
- Prepare a comprehensive business plan.
- Include the curriculum vitae and personal statement of each promoter.
- Provide financial forecasts for two years or financial statements.
- Attach a detailed cost estimate.
- Include supporting documents proving the promoters' ages.
- Obtain the business number from Quebec.
- Provide proof of the down payment.
2
Download and fill out the forms
- Download the application form from the organization's website.
- Carefully fill out the form, checking the accuracy of the information entered.
3
Submit the request
Send all the required documents to the provided email address for submitting applications: info@depsregion.com.
Additional information
- Contact DÉPS at info@depsregion.com for questions or assistance in evaluating the suitability of the fund for your project.
- The program offers non-repayable contributions, indicating that recipients do not have to return the funds.
- Various documentation including a complete business plan, financial forecasts, and evidence of fund allocation must accompany any funding application.
- The grant allocation does not cover the purchase of franchises nor can it be used for the regular operation costs or debt servicing of an organization.
- Given funds are specifically for new projects and cannot be applied toward costs incurred prior to the grant approval.
- A formal agreement or protocol is established between DÉPS and the applicant defining the terms and conditions of the grant.
Contacts
info@depsregion.com
