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Source verified August 10, 2026
MRC Bellechasse — New promoter funds (FNP)
Interest-free financing for young entrepreneurs
Offered by
Funding available
$ 12,000
Deadline
Open continuously
Location
Chaudière-Appalaches, Quebec, Canada
Who can apply
Canadian citizens or landed immigrants who are permanent residents of Quebec.
See full eligibility
Overview
The Fonds Nouveaux Promoteurs (FNP) offers interest-free medium-term financing to eligible young entrepreneurs who are Canadian citizens or landed immigrants and permanent residents of Quebec. It supports feasibility studies, diversification studies, start-up or acquisition of a first business, and entrepreneur training linked to the project.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Develop a new product or service
- Complete an acquisition or business transfer
- Develop workforce skills
Eligible Funding
- Maximum amount : 12,000 $
- Up to 75% of project cost
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- Bellechasse
- Chaudière-Appalaches
- Quebec
Legal structures
- All legal structures
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Canadians
- Youth (<40)
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Feasibility studies or other preparatory studies for creating a business.
- Studies aimed at diversifying the business and adding new products or services.
- Start-up of a first legally incorporated business or acquisition, in whole or in part, of a first business by a young entrepreneur.
- Entrepreneur training linked to a Volet II project.
Documents Needed
- Business plan
- Financial statements and forecasts
- Proof of financial commitment and financing confirmation
- Corporate charter and bylaws, if applicable
- Shareholder agreement, if applicable
Eligibility
Who is eligible?
- Canadian citizens or landed immigrants who are permanent residents of Quebec.
- Applicants aged 18 to under 40.
- Applicants over 40 only for the start-up or acquisition of a first business.
- Majority owners of the business they create or acquire.
- Applicants who will work full time in the business, at least 35 hours per week.
Who is not eligible
- Applicants outside the Canadian citizen or Quebec permanent resident status
- Applicants aged 40 or over, except for a first business start-up or acquisition
- Business owners who are not majority owners
- Applicants not working full time in the business
Eligible expenses
- Professional fees, expert fees, and other costs incurred for consultants or specialists needed to carry out studies.
- Prototype design and fabrication costs.
- Capital expenses such as land, building, equipment, machinery, rolling stock, incorporation fees, technology, software, know-how, licences, manufacturing agreements, and patents, excluding goodwill and research and development activities.
- Working capital strictly related to the business's operations for the first year, and training registration fees, didactic materials, and related participation costs for approved training activities.
Ineligible Costs and Activities
- Expenses incurred before the official aid application is received by Développement Économique Bellechasse.
- Regular operating expenses of a business or organization.
- Debt service and repayment of future loans.
- Projects already completed.
- Goodwill (achalandage) in Volet II.
Eligible geographic areas
- Territory served by Développement Économique Bellechasse (DÉB)
Selection criteria
- Business plan and viability over the first two years
- At least two permanent jobs created within two years
- Promoter contribution of 10% of eligible expenses
- Financial institution support
- Project deemed essential by Développement Économique Bellechasse
How to apply
- Step 1: Prepare the project file
- Define the project stream and gather the required business information.
- Prepare the business plan and supporting financial documents.
- Step 2: Submit the application
- Send the complete file to Développement Économique Bellechasse for review.
- Provide any additional information requested during the pre-analysis.
- Step 3: File analysis
- The organization reviews eligibility and project admissibility.
- The application is then presented to the investment committee.
- Step 4: Decision and agreement
- Receive the final decision from Développement Économique Bellechasse.
- If approved, sign the funding agreement before the aid is issued.
Processing and Agreement
- Application is received and reviewed by Développement Économique Bellechasse
- Eligibility and project information are checked during the preliminary review
- Eligible files are analyzed and presented to the investment committee
- Applicants are notified of the final decision
- Approved projects require a written agreement before funding is paid
Additional information
- Développement Économique Bellechasse provides support, advice and technical assistance to promoters.
- Mentoring is especially encouraged for start-up projects to improve the chances of success.
Frequently Asked Questions about the MRC Bellechasse — New promoter funds (FNP) Program
What is the MRC Bellechasse — New promoter funds (FNP)?
The Fonds Nouveaux Promoteurs (FNP) offers interest-free medium-term financing to eligible young entrepreneurs who are Canadian citizens or landed immigrants and permanent residents of Quebec. It supports feasibility studies, diversification studies, start-up or acquisition of a first business, and entrepreneur training linked to the project.
How much funding can be received?
MRC Bellechasse — New promoter funds (FNP) Funds up to 75% of admissible expenses, capped at $12,000 per project.
Who is eligible for the MRC Bellechasse — New promoter funds (FNP) program?
To be eligible for the MRC Bellechasse — New promoter funds (FNP) program, you must:
Business plan for the first two years and a viable project
At least two permanent jobs created within two years
10% promoter equity, with asset transfers accepted as equity
What expenses are eligible under MRC Bellechasse — New promoter funds (FNP)?
Feasibility studies or other preparatory studies for creating a business.
Studies aimed at diversifying the business and adding new products or services.
Start-up of a first legally incorporated business or acquisition, in whole or in part, of a first business by a young entrepreneur.
Entrepreneur training linked to a Volet II project.
Where is the MRC Bellechasse — New promoter funds (FNP) available?
The MRC Bellechasse — New promoter funds (FNP) program is available Chaudière-Appalaches, Quebec.
Is the MRC Bellechasse — New promoter funds (FNP) a grant, loan, or tax credit?
MRC Bellechasse — New promoter funds (FNP) is a Loans and Capital investments
Who are the financial supporters of the MRC Bellechasse — New promoter funds (FNP)?
MRC Bellechasse — New promoter funds (FNP) is funded by MRC de Bellechasse