MRC Beauce-Centre — Créavenir
Overview
The Créavenir program by Desjardins offers young entrepreneurs up to $15,000 in credit and a $5,000 grant to support the establishment or development of businesses that are unable to access conventional financing. Participants receive personalized support, and the program is designed for startups or businesses operating for less than three years.
At a glance
Funding available
- Reduce the ecological footprint
- Maximum amount : 5,000 $
- Open continuously
Eligible candidates
- All industries
- Beauce-Centre
- Chaudière-Appalaches
- Quebec
- For-profit business
- Sole proprietorship
- Social economy enterprise
- Non-financial cooperative
- All revenue ranges
- All organization sizes
- Youth (<40)
- Startups
Activities funded
This grant supports young entrepreneurs by providing financial assistance and support services to help them overcome barriers in obtaining credit. Eligible projects focus on the startup or development of businesses in their early stages.
- Startup of a new business venture.
- Development of an existing business that has been operating for less than three years.
Eligibility
Eligibility for the Créavenir grant program is determined by specific criteria that pertain to the entrepreneur's profile and the business project details.
- The entrepreneur must be between 18 and 39 years old.
- The business project must be a viable start-up or a development of an existing business for less than 3 years.
- The entrepreneur must not have access to conventional credit or insufficient access to realize their project.
- The entrepreneur must be a member of a Desjardins caisse.
- The project must be submitted to a local partner economic development organization for evaluation.
Who is eligible?
The Créavenir program by Desjardins is designed for young entrepreneurs who face challenges in accessing conventional credit. To qualify, applicants must be between 18 and 39 years old, have a viable project for either starting a new enterprise or further developing an enterprise that has been operating for less than 3 years, be members of a Desjardins caisse, and lack sufficient access to regular credit networks necessary for their projects. They are also required to submit their business plan to a local partner development organization for evaluation. Individuals who meet these criteria and whose projects demonstrate viability, but have insufficient personal funds or guarantees, can apply for support through the Créavenir selection committee.
Eligible expenses
The grant can be used to support initial funding requirements for further financial opportunities.
- Funds can be used as initial equity to access additional financing sources.
Eligible geographic areas
This grant is targeted at supporting entrepreneurs associated with Beauce-Centre Économique.
- Individuals presenting their projects to Beauce-Centre Économique are eligible.
How to apply
Ensure eligibility
- Check that the business has been operating for less than 3 years.
- Ensure that the business promoter is aged between 18 and 35 and is a member of Desjardins.
- Make sure they do not have access to conventional credit networks.
Develop the business proposal
- Prepare a comprehensive business plan.
- Include financial projections demonstrating the viability of the business.
Submit to the local partner
- Identify the appropriate local development organization in your area.
- Submit your business plan to the local partner for evaluation.
Presentation to the selection committee
- If the local partner deems the project viable, prepare your project presentation for the Créavenir selection committee.
- Highlight the financial management capacity and business potential.
Wait for the decision
- Receive feedback on the viability and approval of financial support.
- If approved, participate in the accompanying support offered throughout the startup of the business.
Additional information
Here are additional relevant details for this grant:
- The Creavenir program provides ongoing support to entrepreneurs, offering personalized guidance alongside financial assistance.
- Building credit history is a key feature of this program, helping participants strengthen their future credit applications.
- Entrepreneurs have the potential to increase their credit limit after demonstrating responsible financial management for at least six months.
