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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 1, 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|terms_and_conditions
This grant provides a structured funding framework to support social economy enterprises in their development, expansion, and consolidation initiatives. It ensures that funding is optimally utilized to achieve significant social and economic impacts.
- Non-refundable and refundable financial assistance is available for eligible projects.
- The maximum financial aid is CAD 25,000 per request; however, this can rise to CAD 50,000 for projects closely aligned with specific objectives and with major social and economic impacts.
- Combined financial aid from provincial, federal, and local sources cannot exceed 80% of eligible expenses.
- Non-refundable aid is valued at 100% of its amount, whereas refundable aid is considered at 30% for accumulation calculations.
grant_single_labels|projects
This grant supports the growth and stability of social economy enterprises by providing financial assistance for new initiatives, expansions, and consolidations. Eligible projects aim to enhance community well-being and create sustainable employment opportunities.
- Start-up projects for new social economy enterprises.
- Expansion projects for existing social economy businesses, prioritizing first-time applicants for expansion.
- Consolidation initiatives for existing enterprises requiring intervention to ensure sustainability, with a requisite action plan.
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 funding is specifically available to social economy enterprises located within the geographical territory served by Développement Économique Bellechasse (DÉB) in Canada.
- Companies within the region 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.
