Open
Le Fonds de développement économique LaPrade St-Maurice — Financing
Flexible financing for business growth
Last Update: April 9, 2026
Funding available
$ 5,000 - $ 100,000
Timeline
- Open continuously
Location
Shawinigan, Mauricie, Quebec, Canada
Overview
This program offers loans of $5,000 to $100,000 to support business start-ups, acquisitions, and growth projects. It also finances certain tax credit-related needs and temporary bridge financing for eligible businesses.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase production or service capacity
- Develop a new product or service
- Complete an acquisition or business transfer
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
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
- Business start-ups.
- Business acquisitions.
- Business growth projects.
- Temporary financing for cash flow support.
- Projects related to eligible tax credits.
Documents Needed
- Business plan
- Market study or customer contact summary
- Financial structure details and financial statements
- Quotes for major project expenses
- CVs of project leaders
Eligibility
Who is eligible?
- Businesses in Shawinigan.
- Businesses in Notre-Dame-du-Mont-Carmel.
- Businesses in Saint-Étienne-des-Grès.
- Businesses in Saint-Boniface.
- Businesses in Saint-Mathieu-du-Parc and nearby municipalities in the LaPrade territory.
Eligible expenses
- Temporary bridge financing for cash flow needs related to grants, tax credits, or major contracts.
- Financing linked to refundable R&D tax credits.
- Financing linked to refundable tax credits for processing activities in resource regions.
Eligible geographic areas
- 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.
Selection criteria
- Business idea must be non-competitive in the service area.
- Project must support job creation or job retention.
- Project must show profitability potential.
- Applicant must have approached a financial institution.
How to apply
1
Preparation of the business plan
- Prepare a business plan containing a market study or a summary of initial contacts made with the clientele.
- Include the details of the financial structure and the initial balance sheet.
- Add historical financial statements and financial projections for the next 12 months.
- Include quotes for significant expenses (buildings, equipment, starting inventory, etc.).
- Develop the project implementation timeline.
- Identify all partners approached in the project along with their contact information.
- Include the resume of each project manager.
2
Eligibility verification
- Ensure that the company is located within the area served by the LaPrade Fund.
- Check that the project meets the investment criteria of the Fund.
- Confirm that the company has taken steps with a financial institution.
3
Submission of the request
- Contact the LaPrade Fund for details on the submission (phone or in-person appointment).
- Prepare and send the required documents to the LaPrade Fund at the address provided by the organization.
4
Follow-up after submission
- The board of directors will review and analyze the request.
- Wait for the final decision from the board, which meets once a month.
Processing and Agreement
- Applications are reviewed by the organization before a final decision.
- Files are presented to the board of directors for approval or refusal.
- The board meets once a month.
- Applicants are informed of the final decision.
Additional information
- The organization can provide technical support alongside financing.
- Applications are treated confidentially and professionally.
- The board meets once a month to make decisions.
Contacts
Frequently Asked Questions about the Le Fonds de développement économique LaPrade St-Maurice — Financing Program
What is the Le Fonds de développement économique LaPrade St-Maurice — Financing?
This program offers loans of $5,000 to $100,000 to support business start-ups, acquisitions, and growth projects. It also finances certain tax credit-related needs and temporary bridge financing for eligible businesses.
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:
Good credit history.
Solid management team.
Business plan with profit potential.
What expenses are eligible under Le Fonds de développement économique LaPrade St-Maurice — Financing?
Business start-ups.
Business acquisitions.
Business growth projects.
Temporary financing for cash flow support.
Projects related to eligible tax credits.
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 Tax Credits