MRC Rouyn-Noranda — Structuring Projects Fund (FPS)
Rouyn-Noranda, QC, Canada
Rouyn-Noranda business financial support through FPS loans
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Loans and Capital investments
grant_single|eligibleIndustries
- Agriculture, forestry, fishing and hunting
- Manufacturing
- Arts, entertainment and recreation
- Accommodation and food services
grant_single|grantors
- MRC Rouyn-Noranda
grant_single|status
grant_card_status|open
grant_single_labels|preview
The Fonds projets structurants (FPS) is a financial tool established by CLD Rouyn-Noranda to support the start-up, growth, and succession of businesses located in Rouyn-Noranda, offering loans up to $25,000. It targets entrepreneurs in primary, manufacturing, tourism, or tertiary sectors for both new ventures and acquisitions.
grant_single_labels|projects
The Fonds projets structurants (FPS) supports businesses located in Rouyn-Noranda to encourage their start-up, growth, and succession. Eligible activities focus on various key sectors that drive economic development.
- Business start-up initiatives in the primary activities sector.
- Expansion projects for existing manufacturing businesses.
- Development of tourism-centric businesses to enhance local attractions.
- Growth of tertiary sector businesses that are crucial to the local economy.
grant_single_labels|admissibility
The eligibility criteria for the Fonds projets structurants (FPS) grant delineate the applicant's location and industry sector.
- The applicant's business headquarters and activities must be located in Rouyn-Noranda.
- The applicant must be active in the primary, manufacturing, tourism, or "tertiary economic driving" sectors.
- The applicant may be starting a new business or acquiring an existing one.
grant_eligibility_criteria|who_can_apply
The FPS is designed for entrepreneurs and businesses with headquarters and activities located in the Rouyn-Noranda area, focusing on startups, growth, and business succession in primary, manufacturing, tourism, or key tertiary sectors.
grant_eligibility_criteria|zone
This grant is specifically available to companies located in a defined geographical area managed by the local development center.
- Companies whose headquarters and business activities are located on the territory of Rouyn-Noranda.
grant_single_labels|register
Here are the steps to submit an application for this grant:
- Step 1: Contact CLD Rouyn-Noranda
- Reach out via phone at 819 762-0142 or email at info@cldrn.ca to express interest and gather more details about the application process.
- Optionally, schedule an appointment with a counselor online for personalized guidance.
- Step 2: Understand Eligibility and Requirements
- Review the document explicative to comprehend eligibility criteria and other specific requirements needed for the application.
- Step 3: Prepare Application
- Compile necessary information and documentation as per the guidelines mentioned in the document explicative.
- Prepare a business proposal detailing the project, financial requirements, and intended outcomes.
- Step 4: Submit Application
- Submit your completed application and supporting documents to CLD Rouyn-Noranda via the provided contact methods or as instructed during your inquiry.
- Step 5: Await Response
- Wait for further communication from CLD Rouyn-Noranda regarding the status of your application.
grant_single_labels|otherInfo
The FPS is designed for entrepreneurs and businesses with headquarters and activities located in the Rouyn-Noranda area, focusing on startups, growth, and business succession in primary, manufacturing, tourism, or key tertiary sectors.
- Business start-up initiatives in the primary activities sector.
- Expansion projects for existing manufacturing businesses.
- Development of tourism-centric businesses to enhance local attractions.
- Growth of tertiary sector businesses that are crucial to the local economy.
This grant is specifically available to companies located in a defined geographical area managed by the local development center.
- Companies whose headquarters and business activities are located on the territory of Rouyn-Noranda.
grant_single_labels|contact
info@cldrn.ca
819
Apply to this program
Fonds Projets Structurants: Catalyzing Business Growth in Rouyn-Noranda
The Fonds Projets Structurants (FPS) provides financial support to businesses in Rouyn-Noranda, aiding in the creation, expansion, and succession of enterprises by offering loans up to $25,000. This initiative is especially beneficial for sectors ranging from primary industries to tourism and other key service industries.
Exploring the Fonds Projets Structurants and Its Benefits
The Fonds Projets Structurants (FPS), managed by the CLD Rouyn-Noranda, is an essential financial support mechanism aimed at energizing the local economy by assisting businesses that are either in the inception phase or looking to grow or transition within the territory of Rouyn-Noranda. This fund is integral for encouraging a diverse range of industries, such as primary industries, manufacturing, tourism, and vital tertiary services. By offering loans up to $25,000 with repayment terms extending up to five years, FPS provides flexible financial aid tailored to meet the specific needs of burgeoning local businesses.
One of the standout features of the FPS is its unique provision allowing a portion of the loan—up to 5%—to potentially be converted into a non-repayable contribution, contingent on meeting certain predefined conditions. This aspect reduces the financial burden on entrepreneurs and encourages them to take bold steps in expanding or restructuring their businesses.
Designed to complement the Fonds Locaux d’Investissement (FLI) and Fonds de Solidarité (FLS), FPS ensures broader financial accessibility and support. Together with FLI-FLS, an entrepreneur can access up to $275,000 in loans, which significantly boosts the capacity for investment in business infrastructure, technology, and human resources—factors critical for sustainable growth and competitiveness in the market.
The strategic interplay between FPS and FLI-FLS not only bridges financial gaps but also strengthens the overall entrepreneurial ecosystem in Rouyn-Noranda. This partnership helps create a synergistic finance model that leverages both debt and potential grants to propel local businesses forward. As such, the FPS serves as a catalyst, fostering a resilient local economy by bolstering entrepreneurial ventures and facilitating business continuity.
Additionally, the FPS prioritizes accessibility and ease of application, evidenced by the assistance provided by expert advisors who guide applicants through the process, ensuring that businesses maximize the resources available to them. This guidance helps remove common barriers that entrepreneurs face, particularly in small and medium-sized enterprises (SMEs), allowing them to focus on innovation and operational excellence.
The FPS is pivotal not only in reinforcing the economic fabric but also in contributing to the socio-economic well-being of the Rouyn-Noranda region. By investing in the local business landscape, it helps in the creation of jobs, boosts consumer services, and ultimately enhances the quality of life for its inhabitants. It's an invitation for entrepreneurs to harness local opportunities, innovate, and contribute positively to the regional economy.
As businesses in Rouyn-Noranda continue to evolve and adapt to changing economic conditions, the FPS remains a crucial partner in their journey, providing the necessary support and financial backing to help businesses overcome challenges, capture new markets, and achieve long-term success.
