The eligibility criteria for this grant include being aged 18 and above, not having access to traditional financial services, having a business idea or project, attending an orientation or information session, and accepting the support offered by MicroEntreprendre members.

Be aged 18 years and above
Not have access to traditional financial services
Have a business idea or project
Attend an orientation or information session
Accept the support offered by MicroEntreprendre members

Who is eligible

There are eligible types of companies for this grant:

Startup ventures
Small businesses
Non-profit organizations

Eligible expenses

Eligible expenses for this grant include startup costs, equipment purchases, marketing expenses, and working capital. Funds can also be used for professional services, training, and other essential business needs.

Startup costs
Equipment purchases
Marketing expenses
Working capital
Professional services
Training

Evaluation & selection criteria

There are evaluation and selection criteria for this grant. Applicants must:

Be 18 years old or older
Not have access to traditional financial services or credit
Have a business idea or project
Attend an orientation or information session
Accept the close support offered by MicroEntreprendre members

How to apply

Step 1: Attend an information session
- Content: Learn about the grant program and its requirements
- Implications: Necessary to understand the process and eligibility criteria
Step 2: Submit your application
- Content: Prepare and submit your business plan and budget projections
- Implications: Essential for evaluation and consideration by the loan committee
Step 3: Presentation to the loan committee
- Content: Your application is reviewed and assessed by the committee
- Implications: Committee decision determines loan approval or rejection
Step 4: Loan approval and terms
- Content: If approved, loan amount, interest rates, and repayment terms are finalized
- Implications: Understanding the terms and conditions of the loan agreement
Step 5: Engagement and repayment
- Content: Begin business operations with loan funds and adhere to payment schedule
- Implications: Maintain communication with the grant organization and meet financial obligations

Documents and links