MRC Bellechasse — Bellechasse Agri-Food Investment Fund (FIAB)
grant_single|update January 24, 2025
QC, Canada
Agri-food financial aid for small Bellechasse enterprises
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
- Agriculture, forestry, fishing and hunting
grant_single|grantors
- MRC de Bellechasse
grant_single|status
grant_card_status|open
grant_single_labels|preview
The Fonds d'investissement agroalimentaire Bellechasse (FIAB) offers financial assistance in the form of an honor loan, with a maximum funding of $20,000, to support small-scale agricultural enterprises in their production, transformation, and short-circuit marketing projects, including start-up, expansion, acquisition, and succession. Eligible activities must align with Bellechasse’s strategic development plan, create sustainable employment, and demonstrate market viability with a 20% promoter contribution.
grant_single_labels|terms_and_conditions
This grant provides financing modalities designed to support agrifood projects, emphasizing generous terms to facilitate project success. The modalities are structured to enhance economic influence and sustainability within the Bellechasse region.
- A maximum loan of $20,000 is available for projects meeting specific criteria, such as job creation or maintenance.
- The grant covers up to 50% of the total project cost, with an increased cap of 80% for social economy projects.
- The loan is provided at an advantageous 0% interest rate.
- The repayment period for the loan extends up to a maximum of 5 years.
- For particularly impactful projects, funding may increase to $25,000.
grant_single_labels|projects
The MRC Bellechasse — Bellechasse Agri-Food Investment Fund (FIAB) aims to support projects that enhance agricultural production, processing, and local market distribution, particularly for small-scale farms. Eligible activities focus on fostering business growth, innovation, and sustainability within the agri-food sector.
- Projects initiating, expanding, or acquiring businesses in the agri-food sector, including those focusing on small-scale agricultural production or processing.
- Business succession plans ensuring continuity and sustainability of agri-food operations.
- Creation of new or expansion of existing local market distribution networks for agricultural products.
- Investments in developing goods or services within the Bellechasse region to support local food systems.
grant_single_labels|admissibility
Eligibility for this grant is determined by specific requirements related to the applicant's profile and the nature of the proposed projects.
- The fund is aimed at small agricultural businesses focusing on first, second, or third-stage on-farm processing and promoting short supply chain marketing.
- Eligible participants are enterprises in conventional, non-conventional production, or small-sized farms.
grant_eligibility_criteria|who_can_apply
This grant is aimed at supporting small agri-food businesses in the Bellechasse region through honor loans from Développement Économique Bellechasse, promoting projects focused on short market circuits and transformation.
- No specific evaluation and selection criteria with point scores are provided in the given context.
grant_eligibility_criteria|eligible_expenses
The grant covers specific capital and operational expenses essential for agricultural projects focused on production, processing, and market involvement.
- Purchase of land.
- Construction or acquisition of buildings.
- Procurement of equipment and machinery.
- Purchase of vehicles.
- Incorporation fees.
- Acquisition of technologies, software, or management systems.
- Purchase of patents and similar intellectual property costs.
- Working capital needs strictly for the first year of operation.
grant_eligibility_criteria|zone
This grant is targeted at projects that are located within the MRC de Bellechasse. The purpose is to stimulate local economic growth and align with the strategic development plans of the region.
- Projects situated within the territory of the MRC de Bellechasse.
grant_single_labels|apply
- Step 1: Confirm Eligibility
- Ensure your project aligns with the eligibility criteria for businesses and projects as detailed by DÉB.
- Check that your project adheres to the strategic development plan of the MRC de Bellechasse.
- Step 2: Prepare Financial Plan and Documentation
- Prepare a comprehensive business plan, including projected financial statements for the first three years.
- Document the required 20% equity investment, which can include capital, equipment, or other eligible contributions.
- Step 3: Develop Project Proposal
- Draft a detailed project proposal that includes objectives, proposed activities, and anticipated outcomes.
- Ensure the proposal demonstrates job creation benefits and potential market viability.
- Step 4: Gather Required Documentation
- Assemble necessary documents such as technology, software, or patent acquisition plans, and any other relevant capital expenditures.
- Ensure all documents are complete and accurately reflect project needs and compliance with eligibility requirements.
- Step 5: Submit Application
- Contact Développement Économique Bellechasse (DÉB) for submission details as explicit instructions are not provided in the context.
- Submit all prepared documents and the application form as per DÉB's guidelines.
- Step 6: Sign Loan Agreement
- If approved, review and sign the loan agreement to finalize the acceptance of the honor loan.