Développement Vaudreuil-Soulanges — FDEÉS
Last Update: January 31, 2025
QC, Canada
Supports community-driven entrepreneurship in Vaudreuil-Soulanges
Développement Vaudreuil-Soulanges — FDEÉS at a glance
Eligible Funding
- Max. $10,000
- Up to 70% of project cost
Timeline
- Continuous Intakes
Financing Type
Grant and Funding
Eligible Industries
- Other services (except public administration)
- Public administration
Grant Providers
- Développement Vaudreuil-Soulanges
Status
Open
Overview of the Développement Vaudreuil-Soulanges — FDEÉS program
The Fonds de développement des entreprises d’économie sociale (FDEÉS) offers non-repayable financial assistance to support collective entrepreneurship in the Vaudreuil-Soulanges region, with a maximum funding amount of $10,000 for pre-startup and consolidation phases. It aims to promote innovative projects from non-profit organizations and cooperatives that address prioritized community needs.
Financing terms and conditions
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.
Eligible projects & activities
This grant supports projects that cultivate the growth of collective entrepreneurship within the local economy. Eligible initiatives focus on innovation and addressing community needs through collaborative efforts.
- Innovative projects initiated by local cooperative organizations.
- Community-based endeavors aimed at economic development.
- Initiatives that promote local talent and leadership.
Examples of admissible projects:
$ 50,000
Develop a sustainable urban farming initiative
Eligibility criteria of the Développement Vaudreuil-Soulanges — FDEÉS program
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
How to apply to the Développement Vaudreuil-Soulanges — FDEÉS program
1
Initial Consultation
Make an appointment with a DEV advisor to discuss your project.
2
Preparation of the file
- Gather all the required documents to complete your application file.
- Include a detailed description of the project and its expected impacts on the community.
3
Submission of the file
Submit the complete file to the Social Economy Business Development Fund.