MRC Bécancour — Social Economy Fund (SEF)

Eligibility for this grant is determined by specific requirements related to the nature and operations of the applicant organization.

• The organization must be a social economy enterprise in manufacturing, commercial, or services sectors, structured as a non-profit or cooperative, and located within the MRC d'Arthabaska.
• The project must lead to the creation of permanent jobs with decent wages that do not replace existing jobs.
• The organization should implement a democratic governance structure that encourages the involvement of users or workers in management decisions.
• An equity contribution is required from the applicant organization.

Who is eligible?

Non-profit organizations or cooperatives responding to community social needs, located in the territory of the MRC d'Arthabaska, focusing on social economy enterprises whether in manufacturing, commercial or service sectors. The project should create permanent jobs with decent salaries that are not substitutive, establish democratic functioning with involvement from users or workers, and require an equity investment.

Eligible expenses

The grant covers specific expenses necessary for the acquisition and operational needs of eligible non-profit organizations and cooperatives.

• Purchase of land, building, equipment, machinery, and rolling stock.
• Incorporation fees and similar expenses.
• Acquisition of technology, software, proprietary software, patents, and similar expenses.
• Working capital needs related to the activities of the organization.

Eligible geographic areas

This grant is designated for businesses operating in a specific area as defined by the funding guidelines. The eligible geographical area is determined by the territorial jurisdiction of the funding organization.

• Social economy enterprises located within the Municipalité régionale de comté (MRC) of Arthabaska.