MRC De D'Autray — Business Development Program

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.

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.

Who is eligible?

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.

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.

Eligible geographic areas

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.

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.