Développement Vaudreuil-Soulanges — FSE

Eligibility for this grant involves several key criteria that applicants must meet to qualify for support.

• The applicant must be at least 18 years old at the time of application submission.
• The applicant must be a Canadian citizen or an accepted immigrant with permanent residency in Quebec.
• The applicant must have relevant training or experience related to the project.
• The applicant must commit to working full-time in the business, as other full-time employment is not permitted.
• If incorporated, the applicant must hold at least 50% of the company shares, or if registered, must be an equal owner (only one application per business project is allowed).

Who is eligible?

To apply for the Développement Vaudreuil-Soulanges — FSE grant, applicants must meet several criteria:1. Be at least 18 years old at the time of application.2. Be a Canadian citizen or a landed immigrant and permanent resident of Quebec.3. Possess relevant education or experience related to the project.4. Commit to working full-time in the business, meaning the applicant cannot hold another full-time job.5. Hold at least 50% of the shares if the business is incorporated, or be an equal owner if the business is registered (only one application per business project is accepted).

Eligible geographic areas

This grant is available for companies located in areas supported by Développement Vaudreuil-Soulanges. Eligible locations are defined to stimulate entrepreneurship in the designated region.

• Businesses situated within the Vaudreuil-Soulanges territory.

The evaluation and selection of projects for the Fonds de Soutien à l’entrepreneuriat (FSE) focus on ensuring the proposed business has potential for success and contribution to the local economy.

• The promoter demonstrates the business has potential for profitability and viability in the medium and long term.
• The project does not compete directly with existing businesses in a saturated market.
• The business operates in a field that lacks strong competition or is in a non-priority area.
• The promoter possesses sufficient knowledge, skills, and experience relevant to the project’s domain.
• The promoter demonstrates promising market opportunities for the business.
• The project is relevant, realistic, and original, with considerable potential for job creation.
• The promoter has secured all necessary funding for the business’s start-up, expansion, or acquisition.

Here are additional relevant details for this grant:

• The funding is provided as a non-repayable financial contribution, requiring a cash investment by the promoter.
• Entrepreneurs receive technical support from Développement Vaudreuil-Soulanges (DEV) for project development.
• The application rules are adopted by the DEV board of directors.