MRC De D'Autray — Business Development Program
QC, Canada
Financial support for sustainable economic development in MRC De D'Autray
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- Agriculture, forestry, fishing and hunting
- Manufacturing
- Accommodation and food services
- Other services (except public administration)
- Public administration
grant_single|grantors
- MRC de D'Autray
grant_single|status
grant_card_status|open
grant_single_labels|preview
The MRC De D'Autray Business Development Program offers a maximum funding amount of up to $15,000 to support sustainable economic growth through investments in business start-ups, expansions, and acquisitions. Eligible activities include capital investments, technological acquisitions, and projects that create jobs and demonstrate financial viability.
grant_single_labels|terms_and_conditions
The Business Development Program of the MRC De D'Autray provides strategic financial assistance to support economic sustainability through investment in businesses located or to be established within the territory. Offering non-repayable contributions, this program incentivizes various business development activities.
- A base financial contribution of 10% of the project's eligible expenses, up to a maximum of $5,000.
- An additional contribution of up to $10,000, calculated by increasing the base amount by 50% for certain sectors and conditions such as manufacturing, tourism, agro-food, agriculture, technology, social economy enterprises, and more.
grant_single_labels|projects
The Business Development Program by MRC de D’Autray is designed to support the economic growth of the region through financial assistance. Projects eligible for this grant include those related to the initiation, establishment, expansion, and acquisitions of businesses within the MRC de D’Autray territory.
- Lancement de l'entreprise (business launch activities).
- Implantation de l'entreprise (business establishment activities).
- Expansion de l'entreprise (business expansion activities).
- Acquisition d'entreprises (acquisition of businesses).
grant_single|admissibleProjectsExample
$ 15,000
Artisan bakery expansion to include gluten-free product line
$ 15,000
Launch of advanced software for local business management
$ 15,000
Building solar-powered greenhouse for organic produce distribution
grant_single_labels|admissibility
Eligibility for the MRC De D'Autray Business Development Program is contingent upon several specific criteria pertaining to the business's registration and location.
- The business must be either an individually registered enterprise, an incorporated business, a social economy enterprise, or an individual in the case of a business takeover.
- The business and its operations must be located within the territory of the MRC de D'Autray.
grant_eligibility_criteria|who_can_apply
The MRC De D'Autray Business Development Program is open to a variety of business enterprises, including individual registered businesses, incorporated entities, social economy enterprises, and individuals involved in business succession planning. To be eligible, these enterprises must be either established or planning to establish their operations within the territory of the MRC de D'Autray.
grant_eligibility_criteria|eligible_expenses
The grant supports expenses specifically linked to the development and growth of businesses.
- Capital expenditures, including equipment and building acquisitions.
- Acquisition of technology or software.
- Working capital and startup expenses as demonstrated in financial projections.
- Acquisition of voting and majority shares.
- Any other expenses deemed pertinent in the project analysis.
grant_eligibility_criteria|zone
This program targets businesses operating within a specific geographical area to facilitate economic growth. Only companies established or planning to establish in the designated region are eligible for funding.
- Companies based within the territory of the MRC de D’Autray.
grant_single_labels|register
Here are the steps to submit an application for this grant:
- Step 1: Assess Eligibility
- Ensure your business fits the eligible categories (individual, incorporated, social economy businesses, succession individuals).
- Verify that your business operations are within the MRC de D’Autray territory.
- Step 2: Develop a Business Plan
- Prepare a comprehensive business plan showing viability and market opportunities.
- Detail the project costs, ensuring they meet the minimum threshold (e.g., $10,000 for startups).
- Step 3: Secure Financial Information
- Ensure your project funding includes at least 20% personal contribution or net worth increase for existing businesses.
- Gather financial forecasts demonstrating the need for the grant.
- Step 4: Prepare Supporting Documents
- Compile required documents including technology acquisition needs, operating capital, and any relevant project information.
- Ensure all documents clearly justify the necessity of the grant for project realization.
- Step 5: Submit Application
- Contact Développement Économique D’Autray for submission details and deadlines.
- Submit the complete application package as per the advised procedure.
- Step 6: Await Confirmation
- Watch for a confirmation email acknowledging receipt of your application.
- Keep the confirmation and any correspondence for future reference.
grant_single_labels|otherInfo
There are several additional details applicants should keep in mind:
- This program offers a non-repayable financial contribution, which can significantly bolster the financial foundations of a business project.
- The calculation of additional contributions is intricate, being based on several factors including sectoral impact and job creation potential.
- Entrepreneur age and enterprise type are considered in assessing the possibility of receiving additional contributions.
- Projects with a loan from the Local Investment Fund (FLI) or Local Solidarity Fund (FLS) might gain heightened financial support within project costs.
