grant_single_labels|summary

grant_single|eligibleFinancing
  • grant_single|fromMinToMax
grant_single|deadlines
  • grant_single|openingDate July 9, 2024
grant_single|financingType
Loans and Capital investments
grant_single|eligibleIndustries
  • Agriculture, forestry, fishing and hunting
grant_single|grantors
  • Gouvernement du Québec
  • La Financière agricole (FADQ)
grant_single|status
grant_card_status|open

grant_single_labels|preview

Get personalized financial support and low-interest loans ranging from 0.30% to 0.60% on interest rates from the financial institution of your choice to promote your corporation, maintain, or develop forest production units.

grant_single_labels|terms_and_conditions

The Forestry Financing Program provides borrowers with personalized financial support and advantageous interest rate options.
  • Individualized advice from financing advisors throughout the loan period.
  • Interest rate discounts ranging from 0.30% to 0.60% for the full term of the loan.
  • Flexibility to negotiate interest rates with a financial institution of the borrower's choice.
  • Financial project analysis services to assess the feasibility and potential of the project.
  • Assistance in creating detailed business plans to solidify financial strategies.
  • Guidance on interpreting financial statements to improve financial literacy and decision-making.
  • Consultations on various financing options tailored to the client’s needs and circumstances.

grant_single_labels|projects

grant_single|admissibleProjectsExample

$ 300,000

Purchase new machinery to optimize forestry operations

$ 75,000

Training program for forest workers on sustainable practices

$ 130,000

Development of eco-friendly forest management practices

$ 220,000

Establish a forest education and awareness center

$ 190,000

Expand and upgrade forest nursery facilities

$ 250,000

Digital transformation of forest production operations

grant_single_labels|admissibility

Eligibility for the Forestry Financing Program is determined by certain criteria based on the nature of the applicant and the requirements of the project.
  • The applicant must be involved in the forestry sector.
  • The project must be in collaboration with or receive endorsement from the ministère des Ressources naturelles et des Forêts.
  • The applicant should demonstrate the need for financial support through a comprehensive business plan.
  • Financial analysis, including the interpretation of financial statements, must be conducted as part of the application process.

grant_eligibility_criteria|who_can_apply

This grant is targeted towards individuals or businesses involved in forestry projects in Québec. Specific eligibility criteria may include being a registered forestry business, having a project that contributes to sustainable forest management, or aligning with regional development goals. Interested applicants should contact La Financière agricole du Québec for detailed eligibility requirements.

grant_eligibility_criteria|eligible_expenses

The Forestry Financing Program aids in the financial growth and stability of forestry-related projects. The eligible activities focus on providing financial and advisory support to facilitate various aspects of forestry project development.
  • Financial analysis of forestry projects to determine feasibility and sustainability.
  • Assistance in drafting comprehensive business plans tailored to the forestry industry.
  • Interpretation and evaluation of financial statements for forestry businesses.
  • Consultations on diverse financing options available for forestry initiatives.

grant_eligibility_criteria|zone

The Forestry Financing program is administered by La Financière agricole in conjunction with the ministère des Ressources naturelles et des Forêts, suggesting it targets specific regions in Québec. However, the exact eligible geographical areas are not explicitly mentioned in the available information.

grant_single_labels|criteria

Evaluation and selection criteria for this grant: - Financial analysis of the project - Drafting a business plan - Interpreting financial statements - Discussions on financing options

grant_single_labels|apply

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grant_single_labels|otherInfo

Here are additional relevant details for the Forestry Financing Program:
  • Personalized support from financing advisors is offered to guide applicants through the financing process.
  • The program offers a discount of 0.30% to 0.60% off the interest rates for the entire term of the loan.
  • Applicants have the flexibility to negotiate interest rates with their chosen financial institution.

grant_single_labels|documents

Forestry Financing

grant_single_labels|contact

1-800-749-3646

Apply to this program

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