MRC Bellechasse — Social Economy Enterprise Development Fund (FDEÉS)
QC, Canada
Financial support for social economy business development in Bellechasse
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|openingDateJanuary 01, 2023
- grant_single|closingDateDecember 31, 2023
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- Health care and social assistance
grant_single|grantors
- MRC de Bellechasse
grant_single|status
grant_card_status|open
grant_single_labels|preview
The Fonds de développement des entreprises d'économie sociale (FDEÉS) aims to support the emergence, expansion, and consolidation of social economy enterprises to address community social needs and create sustainable, quality jobs, offering up to $25,000 in funding, or exceptionally $50,000 for projects with significant social and economic impact. Eligible activities include starting a new enterprise, expanding an existing project, or consolidating operations to ensure longevity.
grant_single_labels|projects
This grant supports the development of social economy businesses to meet social needs and create quality, sustainable jobs. Eligible projects can be for starting a new social enterprise, expanding an existing one, or consolidating operations to ensure sustainability.
- Start-up projects for new social economy enterprises.
- Expansion projects for existing social economy enterprises.
- Consolidation projects for existing enterprises needing operational improvements for sustainability.
grant_single_labels|admissibility
Eligibility for the Fonds de développement des entreprises d'économie sociale (FDEÉS) is defined by specific criteria related to the social enterprise's structure and project characteristics.
- The organization must be legally constituted as a non-profit or a cooperative.
- The enterprise must adhere to the definition of a social economy enterprise as outlined in section 4.2.
- The project must be based on a formal collective entrepreneurial approach.
- The project must demonstrate economic and social viability, with outcomes surpassing the resources invested.
- The project must have diverse funding sources, such as from members, users, the community, financial institutions, or other partners.
- If the organization carries out social economy activities, at least 20% of its annual revenues must come from selling products or services.
grant_eligibility_criteria|who_can_apply
Eligible applicants are legally constituted non-profit organizations and cooperatives located within the territory served by Développement Économique Bellechasse (DÉB), whose projects align with the development of social economy enterprises.
grant_eligibility_criteria|who_cannot_apply
This grant has specific exclusions based on the legal status and main activities of organizations. Certain types of organizations are ineligible to ensure the funds support appropriate social economic entities.
- Organizations with a legal status other than cooperative, mutual, or non-profit.
- Informal groups or unincorporated activities.
- Entities established for financial or speculative operations.
- Mutual insurance companies or mutual aid associations.
- Organizations under public administration.
- Professional groupings.
- Employers' groups.
- Political parties.
- Religious organizations.
- Trade unions.
- Human rights associations.
- Sports associations and clubs.
- Social clubs.
- Foundations.
- Daycare centers, schools, colleges, and universities.
grant_eligibility_criteria|eligible_expenses
All expenses directly associated with the realization of the project are eligible for funding.
- Operational costs necessary for the project.
- Costs related to project development and execution.
- Administrative expenses linked to the project.
- Personnel costs if part of project realization.
- Capital expenses if required for project advancement.
grant_eligibility_criteria|zone
This grant is targeted at companies located within a specific region served by a regional development body. It is specifically for projects in the social economy within the area served by Développement Économique Bellechasse (DÉB).
- Projects located in the territory served by Développement Économique Bellechasse (DÉB).
grant_single_labels|register
Here are the steps to submit an application for this grant:
- Step 1: Identify Eligibility
- Ensure that your organization is either a legally constituted nonprofit or a cooperative.
- Confirm that your project aligns with the criteria of promoting social economy enterprise initiatives.
- Step 2: Project Preparation
- Develop a viable economic and social project plan with diversified funding sources.
- Ensure your project demonstrates economic and social viability.
- Gather necessary documentation to support your project plan.
- Step 3: Application Compilation
- Compile a comprehensive application outlining the project details.
- Ensure inclusion of financial projections and evidence of other sources of funding.
- Step 4: Submit Application
- Prepare your application package according to the guidelines specified by Développement Économique Bellechasse.
- Contact Développement Économique Bellechasse for submission procedures if not provided online.
- Submit the application through the designated process and retain proof of submission for your records.
- Step 5: Review and Follow-Up
- After submission, monitor communications from Développement Économique Bellechasse for updates or requests for additional information.
grant_single_labels|otherInfo
Here are additional relevant details for this grant:
- Aide financière non remboursable and remboursable options are available, tailored to project needs.
- The maximum financial aid is usually $25,000, but can reach $50,000 for projects aligning directly with PALÉE objectives.
- The total financial aid should not exceed 80% of eligible expenses when combined with other provincial or federal funding.
- Non-refundable aid is valued at 100% and refundable aid at 30% when calculating the total aid received.
- The policy outlines all applicable details for funds managed by Développement Économique Bellechasse.
Apply to this program
Empowering Social Economy Enterprises through FDEÉS
This grant offers non-repayable and/or repayable contributions to support the development of social economy enterprises such as cooperatives and non-profit organizations. It aims to stimulate projects that address social needs and foster sustainable quality employment.
In-Depth Understanding of the FDEÉS Grant for Social Economy Development
The Fonds de développement des entreprises d'économie sociale (FDEÉS) is a strategic financial tool designed to bolster social economy enterprises within the Bellechasse region, managed by Développement Économique Bellechasse (DÉB). It provides much-needed financial aid to ensure the growth, emergence, and consolidation of these enterprises, which are critical in responding to social needs and generating quality, sustainable jobs in the community.
This grant scheme is instrumental for social economy enterprises—cooperatives and legally established non-profit organizations—that aim to initiate, expand, or consolidate their operations. The financial assistance can take the form of non-repayable or repayable contributions up to $25,000 per request. However, projects thoroughly aligned with significant social and economic impacts, as highlighted by the PALÉE objectives, might qualify for up to $50,000.
The FDEÉS prioritizes funding for new expansion projects of social enterprises, offering a robust framework which ensures that these companies can thrive and continue to contribute significantly to the local economy. This priority aims to equip enterprises with financial resources while ensuring that no more than 80% of the project’s eligible expenses are covered by combined government and regional funding sources—a measure that encourages the diversification of funding sources and sustainable financial practices.
Crucially, eligible projects must demonstrate an economically and socially viable model, which ensures that social enterprises not only meet their community’s needs but also achieve resource-efficient operations. The application process underlines the need for a strategic plan that documents how the enterprise intends to leverage the provided funds to achieve long-term stability and expansion.
By enabling social enterprises to access diversified funding sources, the FDEÉS supports the sustainability and self-sufficiency of projects that drive social change. Through this structured financial assistance, organizations striving for high-impact social innovation are empowered to turn their ideas into reality, fostering a vibrant community and enhancing social cohesion.
The FDEÉS represents a substantial opportunity to support social innovation and development within the Bellechasse region. Eligible enterprises benefit not only from financial support but also from the strategic partnership, technical assistance, and access to a collaborative network that can amplify their impacts and successes. This grant is more than just financial aid; it is a vital enabler of persistent social evolution and economic resilience.
In conclusion, through the FDEÉS, social economy enterprises can enhance their operational capacities and ensure their long-term viability, while making significant contributions to their communities. This fund reflects the commitment to fostering a sustainable and equitable society, where economic activities are interwoven with social progress.
