Développement Vaudreuil-Soulanges — FDEÉS

The Développement Vaudreuil-Soulanges — FDEÉS provides financial assistance to support the growth of social economy enterprises in the region. The funding is aimed at various stages of business development with specific co-financing conditions.

• Pre-start-up phase funding is available, covering up to 70% of costs with a maximum of $10,000.
• Start-up phase projects can receive funding covering 70% of the costs.
• Consolidation phase funding is available, covering up to 70% of costs with a maximum of $10,000.
• Expansion phase initiatives can receive 70% cost coverage through the fund.

Eligibility for this grant is determined by specific conditions related to the applicant's location and organizational structure.

• The group promoter must be located on the territory of the MRC de Vaudreuil-Soulanges.
• The applicant must be a non-profit organization or a non-financial cooperative.

Who is eligible?

The Développement Vaudreuil-Soulanges — FDEÉS grants are specifically designed for social economy enterprises operating within the territory of the MRC de Vaudreuil-Soulanges. To qualify for this financial assistance, applicants must be constituted as a non-profit organization or a non-financial cooperative. Unlike private companies, these enterprises focus on addressing community needs rather than generating profits. Eligible projects may include those in the pre-start-up, start-up, consolidation, or expansion phases and can receive up to 70% of their funding requirements covered by this program. An essential requirement is that these enterprises must operate as businesses, actively selling goods and services and deriving a majority of their income from these commercial activities. Moreover, applicants must directly contribute to local and regional economic development through innovative projects that meet prioritized community needs. The submission process requires promoters to consult with a DEV adviser to initiate certain procedural steps.

Eligible geographic areas

This grant is specifically available to organizations located within the territory of the MRC de Vaudreuil-Soulanges. It aims to foster the development of social economy enterprises in this region.

• MRC de Vaudreuil-Soulanges