How much funding can be received?

There is no informations about how much funding can be received.

What is the deadline to apply?

The program is accepting continuous intake

Who are the financial supporters of the Economic Diversification Fund (FDE) for the MRC des Sources territory?

Economic Diversification Fund (FDE) for the MRC des Sources territory is funded by Ministère de l'économie, de l'innovation et de l'énergie du Québec (MEIE)

Economic Diversification Fund (FDE) for the MRC des Sources territory

Q: What are Economic Diversification Fund (FDE) for the MRC des Sources territory's eligibility criterias?

Located within the MRC des Sources territory For-profit businesses (mainly SMEs) Project must support economic diversification

Last Update: July 22, 2025

QC, Canada

Supports economic diversification and business development in MRC des Sources

Economic Diversification Fund (FDE) for the MRC des Sources territory at a glance

Eligible Funding

No Condition

Timeline

Open Date : April 1, 2017
Closing date : March 31, 2022

Financing Type

Grant and Funding

Eligible Industries

Construction
Manufacturing
Wholesale trade
Retail trade
Transportation and warehousing
Information and cultural industries
Professional, scientific and technical services
Accommodation and food services
Other services (except public administration)
Public administration

Grant Providers

Ministère de l'économie, de l'innovation et de l'énergie du Québec (MEIE)

Status

Archived

Overview of the Economic Diversification Fund (FDE) for the MRC des Sources territory program

The Economic Diversification Fund (FDE) for the MRC des Sources offers up to $25.5 million in financial support to encourage economic diversification in the region. The program funds projects led by SMEs, including business startups and initiatives that create jobs and foster local investment.

Financing terms and conditions

A total financial assistance amount of $25.5 million was allocated for projects between April 1, 2017, and March 31, 2022.
From April 10, 2013, to March 31, 2022, the program contributed to the creation of 338 jobs and generated $140 million in local economic investment.
Support provided included funding for 26 SMEs and enabled the completion of 42 projects.
For every $16 million granted in assistance, 125 full-time equivalent jobs were created.

Eligible projects & activities

Implementation of business projects by SMEs to support economic diversification in the MRC des Sources territory.
Development initiatives that contribute to increasing business revenue and growth.
Start-up or newly created business projects.
Projects that foster job creation within the region.
Initiatives aligned with local priority economic sectors.

Eligibility criteria of the Economic Diversification Fund (FDE) for the MRC des Sources territory program

The applicant must be a business located within the territory of the MRC des Sources.
The project must support economic diversification within the MRC des Sources area.
The project must demonstrate coherence with the fund's objectives and government priorities.
Priority is given to projects aligned with the five priority sectors identified by the fund.

Who is eligible?

Small and medium-sized enterprises (SMEs) located in the MRC des Sources territory
Startups or newly created businesses operating in the MRC des Sources

Eligible geographic areas

MRC des Sources territory

Eligibility criteria of the Economic Diversification Fund (FDE) for the MRC des Sources territory program

Coherence of the project with the objectives of the Economic Diversification Fund for the MRC des Sources.
Potential of the project to create employment in the territory.
Expected positive socioeconomic impacts for the local economy.
Alignment with government priorities and avoidance of overlap with other government support programs.
Assessment of efficiency and leverage effect of the funding requested.

Additional information

The program has a strong emphasis on economic diversification within the MRC des Sources, and ongoing efforts will ensure the term is clearly defined for continuous improvement.
Monitoring mechanisms may be implemented to systematically collect post-completion data on project outcomes, such as job creation and economic impacts.
Coordination and complementarity with other Quebec government programs, especially the Fonds régions et ruralité (FRR), are a focus for reducing overlap and maximizing impact.
Emphasis is placed on sustainable development principles in both fund management and supported projects.