MRC La Jacques-Cartier — Young Promoters Fund (JP)
Last Update: May 13, 2025
QC, Canada
Funding for young entrepreneurs in La Jacques-Cartier
MRC La Jacques-Cartier — Young Promoters Fund (JP) at a glance
Eligible Funding
- Max. $9,000
- Up to 20% of project cost
Timeline
- Continuous Intakes
Financing Type
Grant and Funding
Eligible Industries
- All industries
Grant Providers
- MRC La Jacques-Cartier
Status
Open
Overview of the MRC La Jacques-Cartier — Young Promoters Fund (JP) program
The Fonds Jeunes promoteurs aims to support young entrepreneurs aged 18 to 35 in launching their first business in the MRC de La Jacques-Cartier area, with a maximum funding of up to $9,000 for two promoters. Eligible activities include business start-up, studies, training, and business succession planning, with the requirement to create two jobs within two years.
Financing terms and conditions
The Young Promoters Fund provides financial support to first-time entrepreneurs to foster job creation and business growth within MRC de La Jacques-Cartier. The financing is structured to support diverse stages of business development.
- Grants of up to $6,000 for a single promoter and up to $9,000 for two promoters or more.
- Specific funding allocations include up to $3,000 for project concretization studies, $6,000 for business creation, $1,000 for training, and $3,000 for succession planning.
- Applicants must provide a personal contribution amounting to 20% of the project cost or at least 50% of the grant received.
- Exceptions may be made to fund individuals over 35 years for business creation.
Eligible projects & activities
The Young Promoters Fund (JP) provides financial support for activities aimed at fostering new business ventures among young entrepreneurs in the La Jacques-Cartier region. It emphasizes investments in projects that contribute to job creation within their first two years of operation.
- Activities related to the concretization phase such as feasibility studies or initial planning.
- Creation of new business initiatives or start-ups.
- Training and professional development to enhance business skills and knowledge.
- Succession planning or business continuity activities to ensure long-term sustainability.
Eligibility criteria of the MRC La Jacques-Cartier — Young Promoters Fund (JP) program
Eligibility for this grant is determined by specific requirements related to the entrepreneur's profile and business activities.
- The entrepreneur must be between the ages of 18 and 35, inclusively.
- The entrepreneur must be starting a first business or have been in business for less than 12 months.
- The entrepreneur must work full-time in the business.
- The business must create 2 jobs, or their equivalent, within 2 years of starting operations.
- The entrepreneur must provide a down payment equal to 20% of the project's cost or at least 50% of the Young Promoters subsidy.
Who is eligible?
Young entrepreneurs aged 18 to 35 who are in the process of starting their first business or have been in business for less than 12 months within the MRC de La Jacques-Cartier region. These entrepreneurs must commit to working full-time in their businesses and contribute to job creation.
Eligible geographic areas
This grant is available to companies located within a specific geographical area determined by the funding body. Companies must be situated in the region to qualify for the financial support provided.
- Businesses located in the territory of the MRC de La Jacques-Cartier.
How to apply to the MRC La Jacques-Cartier — Young Promoters Fund (JP) program
1
Eligibility Check
Ensure that the entrepreneur and the project meet the eligibility criteria, including age, business status, required investment, and job creation requirements.
2
Preparation of the application file
- Write a description of the company and the project including the objectives and the development plan.
- Prepare a financial plan indicating the investment and financing needs.
- Gather supporting documents such as the business plan and proof of funding.
3
Submission of the request
- Contact the Economic Development Company (SDE) of the MRC of La Jacques-Cartier to obtain the application form.
- Fill out the application form and verify all the details provided.
4
Transmission of the request
Send the completed application and all required documents to the SDE by email or via the preferred method indicated by the organization.
5
Tracking of the request
- Receive an acknowledgment of receipt from the SDE confirming that the request has been received.
- Maintain contact with the SDE to monitor the status of your request.