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ID Gatineau — Business Support Fund
Gatineau, QC
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- Manufacturing
grant_single|grantors
- ID Gatineau
grant_single|status
grant_card_status|open
grant_single_labels|terms_and_conditions
- Non-repayable contribution of up to $25,000, excluding taxes.
- For "Volet 1: Expertise," funding covers a maximum of 50% of eligible expenses.
- For "Volet 2: Productivity and Market Development," funding covers 10% for capital expenditures and up to 50% for other eligible expenses.
- For "Volet 3: Attraction," funding covers up to 50% of the project costs.
- A maximum of three non-repayable contributions per company within three consecutive years.
- Funds cannot be used to finance projects already started or expenses incurred prior to project submission.
- Obligatory financial reporting, including providing at least an "avis aux lecteurs" financial statement and interim financial statements as per the funding agreement.
- Projects must be completed within a specified timeframe; failure may result in withdrawal of the offer.
- Contribution agreements must include specific visibility obligations for ID Gatineau.
- Projects and funding amounts are public information and may be disclosed in various publications or promotional materials.
grant_single_labels|projects
- Expertise projects including hiring consultants to conduct feasibility studies, market studies, sectorial studies, prospecting, and opportunities analysis.
- Implementation of strategic planning.
- Establishing diagnostics for turnaround plans and coaching.
- Improving operational efficiency of companies.
- Developing marketing strategies.
- Development of financial forecasts and cost analyses.
- Developing sustainability plans.
- Obtaining certifications for new market access or competitive advantages, including environmental certifications.
- Implementing cybersecurity plans.
- Employee retention initiatives.
- Government market access strategies.
- Productivity and market development projects relating to the acquisition of assets.
- Deployment of marketing strategies.
- Attraction projects for external companies aiming to set up in Gatineau, including site choice studies, corporate presentations, and relocation-related expenses.
grant_single_labels|admissibility
- The applicant must be a business legally constituted and registered in the Quebec Business Register (REQ).
- The business must be either in a growth phase or have strong growth potential, or be in a consolidation phase and receiving personalized assistance from ID Gatineau.
- Start-up businesses are not eligible, except for large-scale, high-value-added manufacturers.
- For Volets 1 and 2: The applicant must demonstrate a willingness to innovate and grow.
- The applicant must have a preliminary diagnostic in collaboration with ID Gatineau and clearly identified needs in an action plan developed with ID Gatineau's assistance.
- For Volet 3: The applicant must be a business from outside Quebec wanting to establish in Gatineau, or a Quebec business outside Gatineau aiming to develop new economic activities in Gatineau.
grant_eligibility_criteria|who_can_apply
- Legally constituted companies registered with the Quebec Business Registry (REQ)
- Companies in a growth phase or those with growth potential
- Companies in a consolidation phase receiving personalized support from ID Gatineau
- Large-scale manufacturing companies with high added value in their startup phase
- Companies from outside Quebec wishing to establish operations in Gatineau
- Companies from Quebec located outside Gatineau intending to develop new economic activities within Gatineau
grant_eligibility_criteria|who_cannot_apply
- Projects in saturated market sectors or those that displace jobs.
- Projects replacing responsibilities of the State.
- Businesses in highly competitive sectors, unless they create wealth.
- Startups creating business plans or financial forecasts.
- Any project with controversial activities or associations.
- Projects whose expenditures were incurred before submitting to ID Gatineau.
- Consultants with ties to the applicant unless specially authorized.
- Research and development activities.
- Project-related expenses for refundable sales taxes.
- Expenses related to debt service or loan repayments.
grant_eligibility_criteria|eligible_expenses
- Professional fees required by a consultant for projects such as feasibility studies, market studies, sectoral studies, prospecting studies, and opportunity analysis.
- Implementation of strategic planning.
- Establishment of diagnostics for recovery plans or coaching.
- Mandates aimed at improving the company’s operational efficiency.
- Development of a marketing strategy.
- Elaboration of financial forecasts or establishment of cost pricing.
- Mandates for the implementation of a sustainable development plan.
- Obtaining necessary certifications to develop a new market or gain a competitive advantage.
- Obtaining environmental certifications.
- Implementation of a cybersecurity plan.
- Workforce retention.
- Access to government markets.
- Expenses incurred by the acquisition of capital assets.
- Implementation of a marketing strategy.
- Site selection studies.
- Plans and specifications for installation and construction.
- Construction costs.
- Technical and economic feasibility studies.
- Professional fees for accessing government markets.
- Moving expenses.
- Costs related to unforeseen issues connected to implantation.
- Recruitment-related expenses.
- 25% of the rent for the first six months, up to a maximum of $5,000, excluding shared workspaces.
- Expenses related to introducing the business to key players in Gatineau's economic ecosystem, up to $5,000.
grant_eligibility_criteria|zone
- Companies located in Gatineau, Quebec.
- Companies from outside Quebec that wish to establish operations in Gatineau.
- Quebec-based companies outside Gatineau wanting to develop new economic activities in Gatineau.
grant_single_labels|register
- Step 1: Preliminary PreparationContact ID Gatineau using the provided phone number or visit their office to obtain guidance on the application process.
- Step 2: Gather Necessary DocumentationCollaborate with ID Gatineau personnel to gather required documents for a comprehensive evaluation of your project.
- Step 3: Project Proposal DraftingWork with ID Gatineau to draft a project proposal that includes a pre-diagnosis, an action plan, and defined project needs.
- Step 4: Application Submission ProcessFor projects under $5,000, submit a project summary to ID Gatineau's general direction.
- For projects $5,000 and above, submit the project summary to the Common Investment Committee (CIC) for evaluation.
- Step 5: Evaluation and ApprovalAwait decision from the general direction for projects under $5,000, or from the CIC for larger projects.
- Step 6: Contractual AgreementUpon approval, sign a non-repayable contribution agreement with ID Gatineau that outlines the terms and conditions of funding.
grant_single_labels|otherInfo
- The funding is capped at $25,000 and cannot exceed 50% of the eligible expenses, with specific conditions for different types of projects.
- Multiple funding support can be obtained for up to three different projects within a span of three years, provided they meet specific criteria and separate mandates.
- Upon funding approval, projects must adhere to a visibility agreement set by ID Gatineau, including potential public disclosure of assistance and its amount.
- A detailed collaborative agreement is required prior to funding, outlining conditions and obligations for both ID Gatineau and the recipient.
- A personal guarantee from private company owners/shareholders is needed for funding over $5,000 to prevent relocation from Gatineau for five years.
- The availability of funds is not guaranteed and applications are contingent on fund availability at the time of request.
- Disbursement conditions must be met within 12 months of the offer letter, or the fund offer will be withdrawn.
- Regular semi-annual progress reviews are mandatory to ensure project success and compliance with terms.
grant_single_labels|contact
819 595-8002
