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
1
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.
2
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.
3
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.
4
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.
Additional information
- The financial support is non-repayable.