MRC La Matanie — Business Support Program (PAE)
La Matanie, QC, Canada
Financial aid for sustainable business development in MRC La Matanie
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- Retail trade
- Accommodation and food services
grant_single|grantors
- MRC La Matanie
grant_single|status
grant_card_status|open
grant_single_labels|preview
The grant offers financial assistance up to a maximum funding amount of $250,000 to support the start-up, expansion, or acquisition of businesses to foster sustainable job creation and innovation in the MRC de La Matanie. Eligible activities include entrepreneurship succession, professional expertise, marketing, and consolidation initiatives, among others.
grant_single_labels|projects
This grant provides financial assistance to projects and activities that aim to enhance economic development and community well-being in the MRC de La Matanie. Eligible activities focus on business development, job creation, and supporting innovative ventures within the territory.
- Starting or expanding businesses in the region.
- Business acquisition or succession planning.
- Professional expertise development.
- Marketing and commercialization efforts.
- Enterprise consolidation initiatives.
- Retail and restaurant services in underserved rural communities.
- Projects with significant social, cultural, environmental, economic, or sports impact on the territory.
- Innovative and collaborative community development projects with broad impact.
grant_single_labels|admissibility
Eligibility for funding through the available programs requires meeting specific criteria primarily concerning the business profile and activities.
- The business must operate within the MRC de La Matanie territory.
- Applicants must aim to create or support viable enterprises.
- Funding applies to projects involving business start-up, expansion, acquisition, or succession.
- The funding should support job development and contribute to the economic development of the territory.
- The FLI volet Relève requires entrepreneurs to acquire at least a 25% significant stake in an existing business.
- Non-profit organizations are eligible only if they are recognized social economy enterprises established under Part III of the Quebec Companies Act.
grant_eligibility_criteria|who_can_apply
The Fonds locals (FLI and FLS) and Programme d'accompagnement des entreprises (PAE) are aimed at supporting entrepreneurs and small businesses in the MRC de La Matanie region in Quebec, Canada. Entrepreneurs looking to start, expand, or acquire businesses in this region, particularly those interested in developing a significant stake in existing businesses, enhancing local employment, and contributing to regional economic development, can apply. Additionally, social economy enterprises accredited under Quebec's Part III Company Law are eligible for local funds. Furthermore, special consideration is provided to projects poised to have structural impacts on local communities through collaboration and innovation.
grant_eligibility_criteria|eligible_expenses
The grant supports financial assistance under several categories for project and business development.
- Start-up and expansion costs.
- Business acquisition and succession expenses.
- Professional expertise for business development.
- Marketing and commercialization efforts.
- Consolidation activities for business stability.
- Support for retail and restaurant services in underserved rural communities.
grant_eligibility_criteria|zone
This grant program targets companies located within a specific region to support regional economic development. Eligible organizations must be based in the MRC de La Matanie.
- MRC de La Matanie
grant_single_labels|register
- Step 1: Determine Eligibility
- Review the various funding programs available, such as the Fonds locaux d’investissement and the Programme d’accompagnement des entreprises, to determine eligibility.
- Step 2: Contact Representatives
- Get in touch with one of the representatives for further guidance based on the contact list provided, such as Jean Langelier or Dominic Noël.
- Step 3: Prepare Application Documents
- Gather necessary documents, such as business plans or strategic plans, tailored for the specific program you are applying to.
- Ensure you have all financial projections and justifications aligned with the funding program’s requirements.
- Step 4: Schedule a Meeting
- Schedule a meeting with a representative to discuss your project and funding needs, and understand the application process in detail.
- Step 5: Submit Application
- Follow instructions provided by the representative to submit your completed application and supporting documents.
- Step 6: Await Confirmation
- Receive confirmation of receipt of your application.
- Be prepared for any follow-up requests for additional information or clarifications.
grant_single_labels|otherInfo
Additional relevant details are included below:
- The Fonds Local d'Investissement (FLI) Volet Relève includes features such as a six-month capital repayment holiday and an interest-free period for the first 24 months.
- The FLI Volet Relève has an investment cap of 250,000 CAD.
- Non-profit organizations must be accredited social economy enterprises to be eligible for local funds.
- The Programme d’octroi de dons et commandites supports activities with significant impact on the territory in diverse areas, including social, cultural, environmental, economic, or sports sectors.
- Projects under the Programme de développement des communautés should have a significant structuring impact on the development of communities, living environments, or the territory's economy.
grant_single_labels|contact
418
Apply to this program
Explore Funding Opportunities for Your Business Growth
This grant offers financial assistance to entrepreneurs and businesses seeking to fund startup operations, expansion, or business acquisition. It is designed to stimulate economic development in the MRC de La Matanie through various funding options including loans and non-repayable contributions.
Unlocking Economic Potential with Strategic Financial Support
The financial assistance programs offered are tailored to meet the diverse needs of businesses at different stages of their development within the MRC de La Matanie. These programs are integral to fostering a robust economic environment by supporting viable business endeavors that contribute to local employment, innovation, and economic sustainability. The funds available through these programs, such as the Fonds local d’investissement (FLI) and Fonds local de solidarité (FLS), serve as essential financial tools that help accelerate the execution of business projects on the territory.
Entrepreneurs looking to embark on new ventures, expand existing operations, or acquire businesses will find the FLI a pertinent choice due to its favorable terms, including a six-month repayment holiday and up to 24 months interest-free, capped at $250,000 investment. This option is particularly attractive to those interested in undertaking significant business transitions or expansions, offering them the financial flexibility needed to operate efficiently while focusing on growth strategies.
Further, for promoters and businesses aiming to enhance sustainability and innovation, the Programme d’accompagnement des entreprises (PAE) provides non-repayable contributions. This initiative seeks not only to create and maintain jobs but also to bolster enterprise consolidation and support innovative endeavors across a multitude of sectors including retail and gastronomy in underserved rural communities. By supporting these businesses through funding and professional expertise, the PAE plays a pivotal role in strengthening the overall economic fabric of the area.
Additionally, the region encourages large-scale, community-oriented projects through the Programme de développement des communautés - volet collaborations spéciales. Here, the focus is on developing projects that have a broad, transformative impact beyond municipal boundaries, engaging multiple stakeholders and generating significant social, economic, and cultural benefits.
For businesses and non-profit organizations involved in activities with social, cultural, or economic significance, the Programme d’octroi de dons et commandites presents opportunities for further financial backing. This represents a strategic investment in the region's social and cultural identity, supporting events and initiatives that reflect MRC de La Matanie’s vision for broad community engagement and outreach.
These diverse financial support options exemplify the commitment to fostering economic vitality and resilience within the MRC de La Matanie, positioning it as a hub for innovation and sustainable development. Businesses that align their objectives with these programs can capitalize on the abundant opportunities for growth, underscored by strategic partnerships and comprehensive funding plans tailored to their specific needs. Together, these initiatives strive to build a vibrant economic future, reinforcing the region's position in the larger economic landscape.
