
MRC L’Île-d’Orléans — Capitale-Nationale Region Fund (FRCN) – Île d’Orléans Stream
At a glance
- Max. $75,000
- Up to 25% of project cost
- Open Date : March 19, 2024
- Agriculture, forestry, fishing and hunting
- Accommodation and food services
- Other services (except public administration)
- Public administration
Overview
The Fonds de la région de la Capitale-Nationale (FRCN) aims to support projects that enhance the dynamism and development of the Île d'Orléans, with a maximum funding of $75,000 per project. Eligible activities include professional fees, employee salaries, equipment purchases, marketing, and construction-related expenses.
Financing terms and conditions
This grant offers several financing options designed to support the successful completion of eligible projects while ensuring accountability through structured financial arrangements. The terms differ according to the type of recipient and project specifics.
- Financial assistance can be offered as non-repayable grants, loans with or without interest, or loan guarantees.
- The maximum financial contribution for a private company, a for-profit cooperative, or a non-profit owned by a private entity cannot exceed 25% of the project cost.
- A non-profit organization may receive funding of up to 60% of the project cost.
- All projects are capped with a maximum funding limit of $75,000 per project.
- The project's funding must include at least 50% non-governmental sources for private companies, for-profit cooperatives, or non-profits related to private entities.
- Other eligible organizations must ensure at least 20% of project costs are funded from non-governmental sources.
- In-kind donations, such as products and services, can count towards community financial contributions for non-profits or cooperatives.
- A maximum of 5% in goods and services can be recognized as initial contributions.
- The total governmental aid, calculated from eligible expenses, must not exceed 50% for private companies or 80% for other beneficiaries.
- Commitments may involve staged disbursements based on project deliverables and reporting requirements.
Activities funded
The fund is designed to support projects that align with the development strategies of L'Île d'Orléans, encouraging initiatives that boost the area's appeal and economic impact. Eligible activities should reinforce strategic objectives and enhance local vitality.
- Projects that align with the regional development policies of the MRC de L'Île-d'Orléans.
- Activities contributing to the strategic outline of L'Île d'Orléans.
- Community initiatives that drive economic growth and regional influence.
- Projects endorsing the cultural and social vibrancy of the Île d'Orléans.
- Efforts that attract businesses, workers, new residents, and tourists to the region.
Eligibility
Eligibility for this grant requires the applicant to meet certain organizational and project location criteria.
- The applicant must be a municipal organization, cooperative (excluding the financial sector), non-profit organization duly registered in the Quebec Enterprise Register, or a private enterprise, including social economy enterprises.
- The applicant must not be listed in the Register of Enterprises Ineligible for Public Contracts (RENA).
- The applicant must not have defaulted on any obligations related to previous financial assistance from the MRC in the past two years after being duly notified.
Who is eligible?
Eligible applicants for the Fonds de la région de la Capitale-Nationale (FRCN) – volet Île d’Orléans are defined as specific groups capable of demonstrating compliance with local development policies and strategic alignment.
- Municipal organizations.
- Cooperatives, excluding those in the financial sector.
- Non-profit organizations duly registered in the Quebec Enterprise Register.
- Private enterprises, including those operating in the social economy, duly registered in the Quebec Enterprise Register.
Who is not eligible
This grant has specific exclusions to ensure funds are effectively utilized for eligible projects and parties. Organizations facing public contract restrictions or those with unresolved financial obligations from prior grants are ineligible.
- Organizations registered under the Register of enterprises ineligible for public contracts (RENA).
- Organizations that failed to meet obligations from previous financial assistance by the MRC within the past two years.
Eligible expenses
The grant covers specific expenses directly related to the realization and success of the project.
- Professional fees, consulting services, and studies.
- Salaries and benefits for employees, trainees, and staff involved in the project (including employer's social charges and benefits).
- Purchase or rental of goods, equipment, and assets related to the project.
- Activities and expenses for marketing, promotion, and publicity not part of the promoter's usual activities or services.
- Improvements, repairs, expansions, renovations, or construction work on a non-residential building, including acquisition of land or a non-residential building.
- General and administrative expenses necessary for the project.
Eligible geographic areas
This grant is available to companies that are located in specific geographical areas within the MRC de l’Île d’Orléans, ensuring alignment with local development policies.
- Organizations with projects occurring on the territory of the MRC de l’Île d’Orléans.
- Companies producing a significant impact on the territory of the MRC de l’Île d’Orléans.
Selection criteria
The evaluation and selection of projects under the FRCN for the MRC de l’Île d’Orléans are based on specific criteria to ensure projects align with the fund's objectives and potential impacts on the community.
- Link with the objectives of the FRCN.
- Involvement of partners.
- Embedment in the local community.
- Diversity of funding sources.
- Financial and organizational capacity of the promoter to complete the project and achieve its objectives.
- Potential economic benefits such as job creation or maintenance, generated investments, ripple effects, impact on priority zones or sectors, and visibility and outreach of the Île d’Orléans.
How to apply
Eligibility and preparation
- Ensure that the project and the organization are eligible according to the FRCN criteria.
- Collect and prepare all necessary documents such as financial statements and a detailed project description.
- Identify complementary funding sources and obtain the necessary confirmations.
Application Form
Documentation to provide
- Provide a copy of the charter of the organization.
- Include a description of the project, demonstrating compliance with the objectives of the FRCN.
- Attach the financial statements for the last three years.
- Provide, if applicable, letters of support or recommendation.
- Include a description of the financial arrangement and financial projections for the next three years, if applicable.
- Attach the resolution of the board of directors or shareholders authorizing the submission of the application.
Submission of the application
Additional information
Here are additional relevant details for this grant:
- The funding can be in the form of non-repayable grants, loans with or without interest, or loan guarantees.
- Maximum financial assistance is $75,000 per project, with different maximum contribution rates based on the type of organization.
- Non-governmental sources must make up at least 50% of eligible project expenses for private enterprises and 20% for other organizations.
- In-kind contributions can make up a maximum of 5% of the funding structure for nonprofit projects but must be clearly detailed and valued.
- Maximum cumulative public funding cannot exceed 50% of eligible expenses for private entities and 80% for other eligible beneficiaries.
- Final reporting is required to include the total project cost and numbers on job creation and maintenance.
Contacts
Frequently Asked Questions about the MRC L’Île-d’Orléans — Capitale-Nationale Region Fund (FRCN) – Île d’Orléans Stream Program
What is the MRC L’Île-d’Orléans — Capitale-Nationale Region Fund (FRCN) – Île d’Orléans Stream?
How much funding can be received?
What expenses are eligible under MRC L’Île-d’Orléans — Capitale-Nationale Region Fund (FRCN) – Île d’Orléans Stream?
What is the deadline to apply?
Is the MRC L’Île-d’Orléans — Capitale-Nationale Region Fund (FRCN) – Île d’Orléans Stream a grant, loan, or tax credit?
Who are the financial supporters of the MRC L’Île-d’Orléans — Capitale-Nationale Region Fund (FRCN) – Île d’Orléans Stream?
Who is eligible for the MRC L’Île-d’Orléans — Capitale-Nationale Region Fund (FRCN) – Île d’Orléans Stream program?
Who can I contact for more information about the MRC L’Île-d’Orléans — Capitale-Nationale Region Fund (FRCN) – Île d’Orléans Stream?
Where is the MRC L’Île-d’Orléans — Capitale-Nationale Region Fund (FRCN) – Île d’Orléans Stream available?
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