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MRC Coaticook — Vitality Entrepreneurship Fund
Coaticook business project funding
Offered by
MRC de Coaticook
Record updated
- Funding available
- $ 10,000
- Up to 50% of project cost
- Deadline
- Unspecified
- Location
- Quebec, Canada
Overview
The Fonds Vitalité entrepreneuriale provides non-repayable funding of up to 10,000 $ to existing businesses, cooperatives, and social economy organizations in the MRC of Coaticook. It supports territorial development and business vitality. Eligible activities include biofood, innovation, and circular economy projects.
At a glance
Funding available
- Maximum funding
- $10,000
- Maximum share of project costs
- 50%
- Increase performance through digital transformation
- Develop strategic partnerships
- Improve governance or administrative structure
- Attract or retain talent
- Increase production or service capacity
- Implement environmental initiatives
- Develop a new product or service
- Develop an online presence
- Increase operational productivity
- Complete an acquisition or business transfer
- Conduct research and development activities
- Optimize production processes
- Obtain certifications or accreditations
- Reduce environmental footprint
- Develop workforce skills
- Strengthen organizational capacity
- Access new markets
- Digitize or modernize organizational tools
- Start a business
- Launch or market a product/service
- Renovate or expand facilities
- Conduct research or evaluation activities
- Renovate or adapt facilities
Eligible candidates
- Location
- Coaticook
- Estrie
- Quebec
- Eligible Industries
- All industries
- Annual revenue
- $ 2,500,000 maximum revenue
- Organisation size
- All organization sizes
- Audience
- Rural or Northern Residents
- Canadians
- Youth (<40)
- Startups
- Legal structures
- Financial cooperative, Non-financial cooperative, For-profit business, Social economy enterprise, Non-profit
Non-profit candidates
- Sector of operation
- Economic, Social and Community Development, Employment and Training, Business Associations, Not Elsewhere Classified
- Target groups
- Rural / Remote communities, Business owners / entrepreneurs
- Scope
- Regional
Start applying for this program
Take a practical assessment to gain a clear understanding of how well this program aligns with your specific needs and long-term goals.
Availability timeline
2026
Periods: 1
Eligibility
Who is eligible?
- Existing businesses with at least one completed financial year
- Cooperatives
- Social economy businesses
- Businesses or clients who have benefited from Arterre services
Who is not eligible
- Businesses in the restaurant sector
- Most retail projects, except a proximity convenience store project that is not eligible under the FRR proximity stores volet
- Private businesses in the financial sector
- Financial cooperatives
- Businesses under supply management or with a quota
Eligible expenses
- Market studies; commercialization, marketing, product presentation, certification; technical support; and professional services
- Consulting fees related to R&D on new products
- Equipment purchases, software acquisition or deployment, and leasehold improvements for transformation, automation, production diversification, or circular-economy projects
- Professional fees, advertising and marketing, association memberships, first website creation, equipment, land or building acquisition, and leasehold improvements for Creation / Relève / Relocalisation projects
- Authorized immigration consultant fees and employment fair registration fees for Recruitment projects
Ineligible Costs and Activities
- Taxes and contingency fees, including the reimbursable QST and GST portion
- Expenses incurred before the application is submitted, projects already completed, and costs not directly linked to the project
- Grants, prizes, contests, loans, loan guarantees, equity investments, operating deficits, interest charges, debt repayment, or working-capital replenishment
- General operating expenses, activities covered by approved Government of Quebec budget rules, severance pay, lobbying activities, or legal fees tied to civil or criminal charges involving personal liability
- Costs to move a business or part of its production outside the municipality where it is established, and expenses benefiting an entity in the RENA or that failed its obligations after formal notice linked to prior Quebec government aid
Eligible geographic areas
- MRC of Coaticook
Activities funded
- Local biofood product projects
- Innovation projects to optimize and automate production and management processes
- Circular economy projects
- Business creation, succession, and relocation projects
- Recruitment projects outside Estrie or internationally
How to apply
- Contact the MRC for information and validation of project eligibility.
- Once eligibility is validated, work with the MRC professional who will assist in preparing the request.
- Submit the application using the form sent by MRC staff.
- After submission, receive an acknowledgment of receipt.
Documents Needed
- Electronic version of the completed application form
- Business plan for Creation / Relève / Relocalisation projects, including 3-year financial forecasts, a personal financial statement, and the promoter’s CV
- Confirmation of other project financiers
- Latest financial statements of the existing organization or business
Selection criteria
- Expected impact on profitability and productivity
- Relevance and quality of the project
- Technical feasibility, including expertise, competence, partnerships, and regulatory compliance
- At least one full-time job, including the promoter’s job, except in exceptional situations; demonstrated leverage of the MRC contribution; promoter CVs showing management capacity; and a realistic, diverse financing plan
- Eco-responsibility, local purchasing, environmental protection, access to services, resource sharing, and overall project appreciation
Processing and Agreement
- After submission, the applicant receives an acknowledgment of receipt.
- The MRC’s economic development committee analyzes the request and recommends whether to finance the project.
- The MRC council approves or refuses financing at a regular meeting.
- If approved, a protocol agreement is signed between the promoter and the MRC before the subvention is paid.
Additional information
- The fund is in effect until annual amounts are exhausted or the program ends.
- Projects must obtain a file-opening number before submitting an application.
- Applicants must provide annual revenue and employee count.
- A funding agreement must be signed before payment is made.
Contacts
Frequently Asked Questions about the MRC Coaticook — Vitality Entrepreneurship Fund Program
What is the MRC Coaticook — Vitality Entrepreneurship Fund?
The Fonds Vitalité entrepreneuriale provides non-repayable funding of up to 10,000 $ to existing businesses, cooperatives, and social economy organizations in the MRC of Coaticook. It supports territorial development and business vitality. Eligible activities include biofood, innovation, and circular economy projects.
How much funding can be received?
MRC Coaticook — Vitality Entrepreneurship Fund Funds up to 50% of admissible expenses, capped at $10,000 per project.
What is the deadline to apply?
The program is accepting continuous intake
Who is eligible for the MRC Coaticook — Vitality Entrepreneurship Fund program?
To be eligible for the MRC Coaticook — Vitality Entrepreneurship Fund program, you must:
Business location and operations must be in the MRC of Coaticook
The project must have a file-opening number
The project must add value and not target a saturated market
What expenses are eligible under MRC Coaticook — Vitality Entrepreneurship Fund?
Market studies; commercialization, marketing, product presentation, certification; technical support; and professional services
Consulting fees related to R&D on new products
Equipment purchases, software acquisition or deployment, and leasehold improvements for transformation, automation, production diversification, or circular-economy projects
Professional fees, advertising and marketing, association memberships, first website creation, equipment, land or building acquisition, and leasehold improvements for Creation / Relève / Relocalisation projects
Authorized immigration consultant fees and employment fair registration fees for Recruitment projects
Who can I contact for more information about the MRC Coaticook — Vitality Entrepreneurship Fund?
You can contact MRC de Coaticook by email at conseil.entreprise@mrcdecoaticook.qc.ca or by phone at 8198497083.
Where is the MRC Coaticook — Vitality Entrepreneurship Fund available?
The MRC Coaticook — Vitality Entrepreneurship Fund program is available Estrie, Quebec.