grant_single_labels|summary

grant_single|eligibleFinancing
  • grant_single|fromMinToMax
  • 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|preview

The ID Gatineau — FDEES grant provides up to $30,000 in non-repayable funding aimed at supporting innovative social economy projects that contribute to economic diversification and community improvement in Gatineau. Eligible activities include the acquisition and improvement of spaces or equipment, with a focus on creating sustainable employment and local development.

grant_single_labels|terms_and_conditions

  • The financial aid is a non-reimbursable and non-recurring contribution.
  • A minimum of $5,000 is available, limited to the lesser of $30,000 per project or 25% of the total eligible project expenses.
  • A single non-reimbursable contribution from ID Gatineau is allowed for the same project.
  • Up to three non-reimbursable interventions from ID Gatineau can be funded within three consecutive years.
  • Total financial aid from the City of Gatineau, including from the Fonds local d’investissement (FLI) and ID Gatineau's various funds, cannot exceed $150,000 within a 12-month period.
  • The disbursement modalities are determined by the Committee d’investissement commun (CIC) and approved by the required decision-making body.
  • Funding may be provided incrementally or on presentation of invoices and supporting documents.

grant_single_labels|projects

  • Development of new social economy projects aimed at economic diversification and community improvement.
  • Innovative projects exploring new economic sectors, methods, or developing new expertise in the social economy.
  • Projects demonstrating financial intervention from the FDEES is essential for completion.
  • Projects creating or maintaining at least two permanent or equivalent full-time employment positions within two years of project commencement.
  • Initiatives focused on local hiring and integrating unemployed or excluded groups into the workforce.
  • Production of marketable goods or services.

grant_single_labels|admissibility

  • The company must be a social economy enterprise in the start-up or expansion phase with its headquarters in Gatineau.
  • The company must receive personalized support from ID Gatineau or its designated representative, the Coopérative de développement régional Outaouais-Laurentides (CDROL).
  • The company's objectives must align with the guidelines outlined in the FDEES policy.
  • The company must operate as a cooperative or non-profit organization.
  • The company must adhere to principles such as serving the common good, maintaining management autonomy, and incorporating democratic decision-making processes.
  • The company must prioritize people over capital in the distribution of surplus and income.
  • The company must demonstrate an impact on local development and communities by creating sustainable jobs, developing new services, and improving quality of life.
  • The company's activities must be based on principles of participation, individual and collective responsibility, and engagement.
  • The project must benefit from the intervention of FDEES as a crucial financial lever to complete existing funding sources.

grant_eligibility_criteria|who_can_apply

  • Start-up or expanding social economy enterprises based in Gatineau.
  • Enterprises receiving personalized support from ID Gatineau or its representative, the Cooperative for Regional Development Outaouais-Laurentides (CDROL).
  • Cooperatives and non-profit organizations that align with the objectives of the FDEES policy.

grant_eligibility_criteria|who_cannot_apply

  • Projects providing non-monetary goods or services.
  • Cooperative or non-profit ventures engaged in one-time events, like conferences or festivals.
  • Worker cooperatives.
  • Health cooperatives.
  • Worker-shareholder cooperatives managing a block of shares.
  • Projects seeking to replace governmental responsibilities.
  • Projects in saturated market niches or causing undue job displacement or competition.
  • Projects part of a company's consolidation phase unless tied to a new initiative within the company.
  • Projects involving activities that are controversial or would inappropriately associate with ID Gatineau or its partners.

grant_eligibility_criteria|eligible_expenses

  • Acquisition and improvement of spaces or buildings used for the project.
  • Acquisition of land, equipment, vehicles, and furniture.
  • Leasehold improvements.
  • Professional fees and expert costs related to capital expenditures and equipment (e.g., architect, notary, lawyer, engineer, chemist).
  • Working capital requirements strictly related to the company's operations calculated for the first year of operation.
  • Non-refundable sales tax amounts (GST, QST).

grant_eligibility_criteria|zone

  • City of Gatineau

grant_single_labels|criteria

  • The creation or maintenance of durable and quality jobs, which are not subsidized by temporary programs.
  • The employment of local workforce, especially aiming at unemployed individuals.
  • The integration of individuals often excluded from the labor market.
  • The production of goods or provision of solvent services, indicating an established or potential market.
  • The entrepreneurial aspect of the project, prioritizing the economic viability of the business based on its income-generating activities.
  • The capability of the proponents to ensure quality service, considering management skills, community engagement, and networking.
  • The pursuit or acquisition of additional sources of financing, aiming for a financial leverage ratio of 3 to 1.
  • The financial solidity of the enterprise, needing at least a 15% net worth of the total assets post-project.
  • The ability of the proponents or private partners to contribute financially, requiring a minimum of 20% down payment for the project.
  • Support from the community and, if applicable, the sectoral organization.
  • For projects proposed by religious organizations, universal access to services or products without conditions, except for payment, and reinvestment of all funds in the project is mandatory.

grant_single_labels|apply

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grant_single_labels|otherInfo

  • The financial assistance is capped at $30,000 per project or 25% of the total eligible expenses, whichever is lesser.
  • An enterprise may receive a maximum of three non-repayable fund interventions within three consecutive years from ID Gatineau.
  • The total financial assistance from the City of Gatineau cannot exceed $150,000 within a 12-month period.
  • Financial aid from the "FDEES" serves as a complementary financial lever to existing funding sources.
  • Approved financial assistance conditions are defined in a non-repayable contribution agreement between ID Gatineau and the enterprise.
  • The project name and financial aid amount received are public and may be disclosed in ID Gatineau's publications or materials.
  • During the agreement, the enterprise must maintain its headquarters and related employment within Gatineau for a minimum of five years from the first disbursement date.

grant_single_labels|contact

8195958002

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