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MRC Beauce-Sartigan — Community Credit Fund (CCF)
QC, Canada
Community Fund aids those ineligible for traditional credit
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Loans and Capital investments
grant_single|eligibleIndustries
- grant_single|allIndustries
grant_single|grantors
- MRC Beauce-Sartigan
grant_single|status
grant_card_status|open
grant_single_labels|preview
The Community Credit Fund aims to support individuals unable to access traditional credit in starting or expanding a business, offering a maximum loan of $3,000. Eligible applicants must be committed to full-time work in their business and have relevant expertise or training.
grant_single_labels|terms_and_conditions
The MRC Beauce-Sartigan Community Credit Fund (CCF) provides financial assistance with specific terms to support individuals who are unable to access traditional credit sources for launching their business projects. These financing modalities ensure accessible and affordable options for eligible participants.
- A maximum loan amount of $3,000 is offered.
- The interest rate is set at 2%.
- The amortization period extends up to a maximum of 5 years.
grant_single_labels|admissibility
Eligibility for this grant is determined by specific requirements related to the applicant's profile and capacity to operate the proposed business full-time.
- The applicant must be at least 18 years old.
- The applicant must possess expertise or training relevant to the business project.
- The applicant must commit to working full-time in the business, defined as a minimum of 35 hours per week.
- The applicant must not be eligible for traditional credit to start the business.
grant_eligibility_criteria|who_can_apply
To be eligible for the Community Credit Fund, applicants must be at least 18 years old, possess relevant expertise or training for their project, be committed to working full-time in their business (minimum 35 hours per week), and not qualify for traditional credit for starting their business.
grant_single_labels|register
Here are the steps to submit an application for this grant:
- Step 1: Contact for Information
- Call the Conseil économique de Beauce at 418-228-8123 to obtain detailed information about the funding program.
- Request a consultation with an advisor to discuss specific needs and possible additional conditions.
- Step 2: Prepare Application Documents
- Compile a comprehensive business proposal outlining the project and its objectives.
- Gather evidence of relevant expertise or training related to the business project.
- Prepare a personal declaration indicating commitment to full-time work in the business.
- Step 3: Submit Application
- Submit all prepared documents as directed by the Conseil économique de Beauce.
- Ensure all parts of the application, including the proposal and personal declaration, are complete and accurate.
- Step 4: Follow-Up
- Await confirmation or communication from the fund provider regarding the status of the application.
- Engage with any requested follow-up actions or provide additional information if needed.
grant_single_labels|otherInfo
Here are additional relevant details for this financial programme:
- Potential applicants should consult with a counselor at the Conseil économique de Beauce for personalized guidance before applying.
- Final loan conditions may be subject to further negotiation or adjustments in discussion with the Conseil économique de Beauce.
