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Le Fonds de développement économique LaPrade St-Maurice — Financing
Custom financing and support for businesses in St-Maurice
Last Update: March 4, 2026
Funding available
$ 5,000 - $ 100,000
Timeline
- Open continuously
Location
Shawinigan, Mauricie, Quebec, Canada
Overview
The Fonds LaPrade offers tailored financing for businesses, whether for startup, acquisition, or growth projects, with investment possibilities ranging from $5,000 to $100,000. Eligible activities include the creation or maintenance of sustainable jobs, and projects must focus on non-competitive products or services within the serviced territory.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Conduct research and development activities
Eligible Funding
- Maximum amount : 100,000 $
- Minimum amount : 5,000 $
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- All industries
Location
- Shawinigan
- Mauricie
- Quebec
Legal structures
- For-profit business
- Sole proprietorship
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Rural or Northern Residents
- Startups
Next steps
1
Determine your project
2
Validate your eligibility
Activities funded
This grant supports specific financial needs through tailored investments, mainly focused on business expansions and sustaining profitability within the service area. The eligible projects are centered on improving liquidity and financing innovative developmental activities.
- Business startups that allow the creation or maintenance of sustainable jobs.
- Acquisition projects that demonstrate potential for profitability.
- Expansion projects with a well-defined business plan and market study.
- Projects eligible for refundable tax credits related to scientific research and experimental development (SR&ED).
- Temporary financing needs for businesses awaiting grants or significant contract payments.
Eligibility
Who is eligible?
Eligible companies for this grant include those with a good credit history, efficient management teams, relevant domain knowledge and experience, those creating or maintaining sustainable employment, with potential profitability business plans, have engaged financial institutions, and are located within the specified territorial limits of the LaPrade Fund service area.
Eligible expenses
The grant covers specific expenses directly related to the proposed project's realization, including essential setup and operational costs.
- Expenses for buildings and infrastructure development.
- Costs associated with purchasing necessary equipment.
- Inventory acquisition for project initiation.
- Financial projections for the first 12 months, including revenues and expenses.
- Costs for conducting a market study or summarizing initial client engagements.
Eligible geographic areas
The grant is available to enterprises situated within the specific territories served by the Fonds LaPrade St-Maurice. This includes areas both in and around the city of Shawinigan.
- Shawinigan
- Notre-Dame-du-Mont-Carmel
- Saint-Étienne-des-Grès
- Saint-Boniface
- Saint-Mathieu-du-Parc
- Saint-Élie-de-Caxton
- Charette
- Saint-Paulin
- Sainte-Angèle-de-Prémont
- Sainte-Ursule
- Saint-Justin
- Saint-Édouard-de-Maskinongé
- Saint-Alexis-des-Monts
Additional information
Here are additional relevant details for applicants to consider:
- All applications are reviewed by a board of nine volunteers actively involved in regional economic development.
- Decisions on funding are made monthly after analysis by this board.
- Confidentiality and professionalism in handling of application is assured by the organization.
- The office is open Monday to Wednesday, with appointments possible outside regular hours on request.
- The organization offers onsite visits to meet applicants if needed.
- Technical support tailored to business needs is available in addition to funding.
- Bridging loans are available to improve liquidity during temporary financial situations.
- The organization can also provide funding for refundable tax credits, particularly for Scientific Research and Experimental Development (SR&ED).
- Contact details and office hours are provided for further inquiries or appointments.
Contacts
Frequently Asked Questions about the Le Fonds de développement économique LaPrade St-Maurice — Financing Program
Here are answers to the most common questions about the Le Fonds de développement économique LaPrade St-Maurice — Financing. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the Le Fonds de développement économique LaPrade St-Maurice — Financing?
The Fonds LaPrade offers tailored financing for businesses, whether for startup, acquisition, or growth projects, with investment possibilities ranging from $5,000 to $100,000. Eligible activities include the creation or maintenance of sustainable jobs, and projects must focus on non-competitive products or services within the serviced territory.
How much funding can be received?
Le Fonds de développement économique LaPrade St-Maurice — Financing Funds up to $100,000 of admissible expenses.
Who is eligible for the Le Fonds de développement économique LaPrade St-Maurice — Financing program?
To be eligible for the Le Fonds de développement économique LaPrade St-Maurice — Financing program, you must:
The company must have a good credit history.
The business must be situated in the territory served by the Fonds LaPrade.
The company must present a business plan demonstrating potential profitability.
What expenses are eligible under Le Fonds de développement économique LaPrade St-Maurice — Financing?
This grant supports specific financial needs through tailored investments, mainly focused on business expansions and sustaining profitability within the service area. The eligible projects are centered on improving liquidity and financing innovative developmental activities. Business startups that allow the creation or maintenance of sustainable jobs.
Acquisition projects that demonstrate potential for profitability.
Expansion projects with a well-defined business plan and market study.
Projects eligible for refundable tax credits related to scientific research and experimental development (SR&ED).
Temporary financing needs for businesses awaiting grants or significant contract payments.
Who can I contact for more information about the Le Fonds de développement économique LaPrade St-Maurice — Financing?
You can contact Le Fonds de développement économique LaPrade St-Maurice by email at info@fondslaprade.ca or by phone at 819 537-5107.
Where is the Le Fonds de développement économique LaPrade St-Maurice — Financing available?
The Le Fonds de développement économique LaPrade St-Maurice — Financing program is available Mauricie, Quebec.
Is the Le Fonds de développement économique LaPrade St-Maurice — Financing a grant, loan, or tax credit?
Le Fonds de développement économique LaPrade St-Maurice — Financing is a Loans and Capital investments
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