MRC Beauce-Centre — Propulsion Fund
Overview
The Fonds Propulsion provides financial support of up to $10,000 for start-ups and growing businesses within the MRC Beauce-Centre to foster entrepreneurship and innovation. Eligible activities include developing new services or products with collective benefits for the community as demonstrated through a successful crowdfunding campaign on La Ruche.
At a glance
Funding available
- Develop a new product
- Develop employee skills
- Maximum amount : 10,000 $
- Minimum amount : 1,000 $
- Up to 50% of project cost
- Open continuously
Eligible candidates
- All industries
- Beauce-Centre
- Chaudière-Appalaches
- Quebec
- Non-profit
- Public or Parapublic institution
- For-profit business
- Sole proprietorship
- Social economy enterprise
- Non-financial cooperative
- All revenue ranges
- All organization sizes
- Startups
- Economic, Social and Community Development
- Rural / Remote communities
- Business owners / entrepreneurs
- All structures
- Regional
Activities funded
Projects eligible for the MRC Beauce-Centre Propulsion Fund focus on business development in new sectors and collective impact. These initiatives prioritize crowdfunding success and regional economic growth.
- Establishment or growth of businesses less than 5 years old in the MRC Beauce-Centre region.
- Development of new products or services by businesses older than 5 years, entering new sectors.
- Projects demonstrating significant collective benefits for the MRC Beauce-Centre community.
Eligibility
Eligibility for the Fonds Propulsion grant requires meeting specific criteria related to the business status, location, and impact of the proposed project.
- The business must be in the pre-startup or startup phase (under 5 years old) or be an existing business over 5 years old developing a new product/service in a new industry sector.
- The business must be located and operating within the MRC Beauce-Centre territory.
- The product or service offered must have collective benefits within the MRC Beauce-Centre.
- The business must have successfully completed a crowdfunding campaign on the La Ruche platform.
- The campaign goal must be at least $2,000 to qualify for matching funds up to $10,000.
Who is eligible?
Projects eligible for this grant must be associated with businesses in their pre-startup or startup phase, or established businesses expanding into new sectors with collective impact in the MRC Beauce-Centre.
- Pre-startup or startup businesses (operating for less than 5 years).
- Established businesses (operating for more than 5 years) developing new services/products in a different sector.
- Businesses located and active within the MRC Beauce-Centre territory.
- Projects with collective benefits within the MRC Beauce-Centre.
- Businesses that have successfully completed a crowdfunding campaign on La Ruche platform.
Who is not eligible
The Fonds Propulsion grant is designed to support specific business ventures in Beauce-Centre. There are certain restrictions related to the eligibility criteria.
Eligible expenses
This grant helps finance several types of essential expenses for the development of specific projects.
- Salaries of employees directly assigned to the project.
- Purchase of materials and equipment necessary for the project.
- Research and development costs related to the project.
- Fees for external consultants and experts.
- Staff training costs related to the project.
Eligible geographic areas
This grant is designed to support businesses located specifically within a defined geographical area, reflecting a targeted approach to regional economic development in Canada.
- Companies situated and operating in the territory of the MRC Beauce-Centre.
How to apply
Check eligibility
- Make sure that your business is located in the MRC Beauce-Centre and that it is in the pre-start phase, start-up phase, or has been operating for more than 5 years but is developing a new service/product in a new sector.
- Confirm that your crowdfunding campaign on La Ruche has been successfully completed.
Launch the crowdfunding campaign
- Set up a crowdfunding campaign on La Ruche with a goal of at least $2,000.
- Ensure that your service or product offers collective benefits for the community.
Gather the necessary documentation
- Prepare your business plan and all required financial forecasts.
- Gather documents demonstrating the collective benefits of the project.
Submit a grant application
- Submit your application to Beauce-Centre Économique.
- Make sure that all supporting documents, including proof of successful crowdfunding, are included.
Follow-up
Additional information
Here are additional relevant details for this grant:
- The financial assistance is provided as a grant equivalent to 50% of the campaign's goal on La Ruche, up to a maximum of $10,000.
- The crowdfunding campaign on La Ruche must be successful prior to becoming eligible for the fund.
- The minimum campaign goal required to qualify for the fund is $2,000, allowing a minimum grant of $1,000 and a maximum of $10,000.
- Beauce-Centre Économique offers additional support services such as business plan writing and analysis, financial forecasting, business modeling, and individual mentoring.
