MRC Beauce-Centre — Propulsion Fund

The Propulsion Fund provides financial support to emerging and growing businesses by matching a significant portion of their crowdfunding efforts. This funding is designed to spur economic growth within the MRC Beauce-Centre region.

• The aid is granted as a bursary amounting to 50% of the crowdfunding target achieved on the La Ruche platform, up to a maximum of $10,000.

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.

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.