How much funding can be received?

Funds up to 50% 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 Beauce-Sartigan — Social Economy Enterprise Development Fund (FDEÉS)?

MRC Beauce-Sartigan — Social Economy Enterprise Development Fund (FDEÉS) is funded by MRC Beauce-Sartigan

MRC Beauce-Sartigan — Social Economy Enterprise Development Fund (FDEÉS)

Q: What are MRC Beauce-Sartigan — Social Economy Enterprise Development Fund (FDEÉS)'s eligibility criterias?

The organization must be a non-profit or a cooperative. The organization must have operations within the MRC de Beauce-Sartigan territory. The organization must generate autonomous revenues representing at least 20% of its total income.

Last Update: January 24, 2025

QC, Canada

Social enterprise funding to improve quality of life

MRC Beauce-Sartigan — Social Economy Enterprise Development Fund (FDEÉS) at a glance

Eligible Funding

Max. $10,000
Up to 50% of project cost

Timeline

Continuous Intakes

Financing Type

Loans and Capital investments

Eligible Industries

Other services (except public administration)
Public administration

Grant Providers

MRC Beauce-Sartigan

Status

Open

Overview of the MRC Beauce-Sartigan — Social Economy Enterprise Development Fund (FDEÉS) program

The Fonds de développement des entreprises d'économie sociale (FDEÉS) provides interest-free loans ranging from $5,000 to $20,000, supporting projects that enhance quality of life through novel social enterprises in the MRC de Beauce-Sartigan. Eligible activities include financially viable projects by non-profit organizations or cooperatives that produce goods and services, create sustainable jobs, and generate at least 20% of their revenues autonomously.

Financing terms and conditions

This grant offers interest-free loans to support the development of social economy enterprises within the MRC of Beauce-Sartigan. The financing modalities are structured to enhance financial sustainability and support job creation in the region.

Interest-free loans ranging from $5,000 to $20,000.
Funding amount not exceeding 50% of the total project cost.
Loan amortization period is based on the organization's repayment capacity, with a maximum duration of 8 years.

Eligible projects & activities

Eligible projects for this grant are those aimed at improving the quality of life by supporting social ventures that produce goods and services typically not offered by the traditional public or private sectors. These projects should also strive towards being self-financing while fostering sustainable job creation.

Development of new goods and services within social enterprises or cooperatives that address unmet needs in the community.
Projects that focus on the creation of long-term, sustainable employment in the social economy sector.
Initiatives that generate a diversified revenue stream to meet the financial viability requirements of nonprofit organizations and cooperatives.
Programs that enhance self-reliance by achieving autonomous revenue generation, covering at least 20% of an organization's income.

Eligibility criteria of the MRC Beauce-Sartigan — Social Economy Enterprise Development Fund (FDEÉS) program

Eligibility for this grant is determined by specific requirements related to the organization's location, operations, and financial health.

The organization must be a non-profit or cooperative.
The organization must have a place of business on the territory of the MRC de Beauce-Sartigan.
The organization must primarily serve the territory of the MRC de Beauce-Sartigan.
The organization must produce goods and services.
The organization must be financially viable.
The organization must create sustainable employment.
The organization must have diversified sources of funding.
The organization must generate autonomous revenue representing at least 20% of the organization's total revenue.

Who is eligible?

The Fonds de développement des entreprises d'économie sociale (FDEÉS) is open to non-profit organizations (OBNL) and cooperatives that have a business location and primarily serve the territory of the MRC de Beauce-Sartigan. These organizations must engage in the production of goods and services, demonstrate financial viability, create sustainable employment, have diversified sources of funding, and generate at least 20% of their income autonomously.

Eligible geographic areas

This grant is specifically available to organizations situated within the MRC of Beauce-Sartigan. Eligible locations are targeted to support regional development and social enterprise growth in this area.

Organizations located in the MRC of Beauce-Sartigan.

How to apply to the MRC Beauce-Sartigan — Social Economy Enterprise Development Fund (FDEÉS) program

Initial contact

Contact the Beauce Economic Council by calling 418 228-8123 for accurate and personalized information regarding the application to the program.

Preparation of the request

Prepare a detailed description of the project including social and economic objectives.
Gather documents proving the financial viability of the organization.
Prepare evidence of diversified funding and self-generated income representing at least 20% of the organization's revenues.
Document the structure of the business and the nature of the jobs created.

Consultation

Meet with a counselor from the Beauce Economic Council to ensure that all conditions and requirements are well understood and completed.

Submission of the request

Submit the application accompanied by all the required supporting documents.
Ensure that the complete submission complies with the program's requirements.

Additional information

Here is additional relevant detail for this grant:

The loan amount is interest-free, providing a financial advantage for social economy enterprises and cooperatives.

Contact MRC Beauce-Sartigan

4182288123

Apply to this program

Support for transformational projects in La Matapédia region