Closed
Economic Diversification Fund (FDE) for the MRC des Sources territory
Last Update: March 3, 2026
Quebec, Canada
Supports economic diversification and business development in MRC des Sources
Grant and Funding
Overview
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.
At a glance
Funding available
Financing goals
- Increasing community impact
- Develop strategic partnerships
- Reduce the ecological footprint
Eligible Funding
- No Condition
Timeline
- Open Date : April 1, 2017
- Closing date : March 31, 2022
Eligible candidates
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
Location
- Estrie
- Quebec
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Startups
Activities funded
- 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
- 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
Selection criteria
- 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.
Contacts
evaluation@economie.gouv.qc.ca
