How much funding can be received?

Funds up to 10% of admissible expenses, capped at $10000 per project.

What is the deadline to apply?

The deadline to apply is not specified.

Who are the financial supporters of the MRC de D’Autray — Business Development Program?

MRC de D’Autray — Business Development Program is funded by MRC de D'Autray

What are MRC de D’Autray — Business Development Program's eligibility criterias?

Eligibility criteria not mentioned

MRC de D’Autray — Business Development Program

Last Update: February 17, 2025

QC, Canada

Economic development support for businesses in MRC de D’Autray

MRC de D’Autray — Business Development Program at a glance

Eligible Funding

Max. $10,000
Up to 10% of project cost

Timeline

Continuous Intakes

Financing Type

Grant and Funding

Eligible Industries

Agriculture, forestry, fishing and hunting
Manufacturing
Arts, entertainment and recreation
Accommodation and food services

Grant Providers

MRC de D'Autray

Status

Open

Overview of the MRC de D’Autray — Business Development Program program

The MRC de D’Autray — Business Development Program provides a non-repayable contribution to encourage sustainable economic development with a maximum funding amount of $15,000. It supports activities such as the launch, establishment, expansion, and acquisition of businesses within the MRC de D’Autray territory.

Financing terms and conditions

Non-repayable financial assistance in the form of a base contribution of 10% of the project's eligible expenses, up to a maximum of $5,000.
Additional contribution up to $10,000, calculated as a 50% increase on the base amount for certain criteria such as sector specificity, job creation, age of entrepreneur, type of business, and existing loans.
Eligible expenses cover costs related to starting, establishing, expanding, or acquiring a business, including capital expenditures, technology or software acquisition, working capital, and major voting and majority shares acquisition.
The total financial aid is determined based on project-specific evaluations and sector-related adjustments.

Eligible projects & activities

Business launch projects.
Business implantation projects.
Business expansion projects.
Business acquisition projects.
Succession projects for businesses.

Eligibility criteria of the MRC de D’Autray — Business Development Program program

The enterprise must be located and operating within the territory of the MRC de D’Autray.
The project must be supported by a business plan demonstrating viability and market potential.
The minimum project cost is $10,000 for startup companies and $20,000 for implantation, expansion, succession, or acquisition projects.
The enterprise must provide at least 20% of the project cost as equity, or for existing businesses, their net value after the project must exceed 20%.
Startup and implantation projects must create at least one full-time job.
The project must demonstrate that the grant contribution is essential for its realization.

Who is eligible?

Individually registered businesses.
Incorporated companies.
Social economy enterprises.
Individuals involved in business succession.

Eligible expenses

Capital expenditures (equipment and building).
Acquisition of technology or software.
Working capital and startup costs associated with the project, demonstrated as necessary in financial forecasts.
Acquisition of voting and majority shares (or parts).
Any other expenses deemed relevant in the project analysis.

Eligible geographic areas

MRC de D’Autray

How to apply to the MRC de D’Autray — Business Development Program program

Preparation of the Request

Analyze the Business Development Assistance Program of the MRC of D'Autray to understand its objectives and eligibility criteria.
Develop a business plan demonstrating the project's viability and market forecasts.
Inventory the eligible expenses in accordance with the established criteria.
Prepare all necessary documents, including financial forecasts, and justify the need for the contribution for the project's realization.
Calculate the minimum required equity investment and outline the financing arrangements.

Gathering of Documents

Collect all required documents such as the business plan, financial statements, and the company's incorporation documents.
Verify that all documents meet the requirements of the MRC of D'Autray.

Writing the Request

Write the request, ensuring to include all relevant details about the project and the company.
Make sure that the proposal clearly demonstrates how the project contributes to the economic development of the MRC of D’Autray.
Include information on job creation, the potential impact on the local market, and any other requested data.

Submission of the Request

Send the complete application, including all required documents and annexes, to the Economic Development Office of Autray.
Verify the proper receipt of the documents by the funding organization.
Keep a copy of all documents for your own records.