How much funding can be received?

Funds up to 20% of admissible expenses, capped at $10000 per project.

What is the deadline to apply?

The deadline to apply is not specified.

Who are the financial supporters of the MRC De la Côte-de-Gaspé - Investment support fund?

MRC De la Côte-de-Gaspé - Investment support fund is funded by MRC de La Côte-de-Gaspé

What are MRC De la Côte-de-Gaspé - Investment support fund's eligibility criterias?

Private business only Located within the MRC de La Côte-de-Gaspé In operation for at least 2 years

MRC De la Côte-de-Gaspé - Investment support fund

Last Update: June 11, 2025

QC, Canada

Supports business investments in assets and specialized equipment

MRC De la Côte-de-Gaspé - Investment support fund at a glance

Eligible Funding

From $10,000 to $10,000
Up to 20% of project cost

Timeline

Continuous Intakes

Financing Type

Grant and Funding

Eligible Industries

Agriculture, forestry, fishing and hunting
Mining, quarrying, and oil and gas extraction
Utilities
Construction
Manufacturing
Wholesale trade
Transportation and warehousing
Information and cultural industries
Real estate and rental and leasing
Professional, scientific and technical services
Management of companies and enterprises
Administrative and support, waste management and remediation services
Educational services
Health care and social assistance
Arts, entertainment and recreation
Other services (except public administration)
Public administration

Grant Providers

MRC de La Côte-de-Gaspé

Status

Open

Overview of the MRC De la Côte-de-Gaspé - Investment support fund program

The MRC De la Côte-de-Gaspé Investment Support Fund provides up to $10,000 per project, covering 20% of eligible capital or equipment expenses. This program aims to encourage private businesses established for at least two years to invest in assets and specialized equipment that significantly enhance revenue or net profit.

Financing terms and conditions

Financial aid covers 20% of eligible expenses, up to a maximum of $10,000 per project.
The total funding granted to the same applicant cannot exceed $10,000 per year.

Eligible projects & activities

Investment in capital assets and specialized equipment to support business growth.
Projects that significantly increase revenue or net profit for mature or maturing businesses.

Eligibility criteria of the MRC De la Côte-de-Gaspé - Investment support fund program

The applicant must be a private company with a place of business located within the territory of the MRC de La Côte-de-Gaspé.
The company must have been in operation for at least 2 years.
The project must involve investment in capital assets or specialized equipment.
The initiative should lead to a significant increase in revenue or net profit.
The company must continue operations and retain the new assets for at least 2 years following the investment.

Who is eligible?

Privately-owned businesses established in the MRC de La Côte-de-Gaspé territory

Who is not eligible

Financial cooperatives.
Restaurants.
Retail businesses.
Bed and breakfast establishments.
Bars and arcades.
Residential or commercial rental property businesses, except those with a tourism focus.
Projects of a sexual, religious, or political nature, or activities considered controversial (e.g., dating agencies, war games, weaponry, pawn shops).

Eligible expenses

Purchase of land or buildings (capital expenses).
Acquisition or construction of fixed capital assets.
Purchase of equipment and specialized machinery.
Purchase of specialized rolling stock (excluding non-specialized vehicles).
Costs related to business incorporation.
Acquisition of quotas or any other similar eligible asset.
Purchase of specialized equipment improving productivity.

Eligible geographic areas

Businesses with a place of business within the territory of the MRC de La Côte-de-Gaspé.

Eligibility criteria of the MRC De la Côte-de-Gaspé - Investment support fund program

The project must involve a minimum investment in capital assets or specialized equipment of at least $10,000.
The project must demonstrate a significant positive impact on sales revenue or net profit.
For investments over $2,500, the investment committee will make the decision; for $2,500 or less, the general management will decide.
The MRC may adjust the grant amount if it considers that the financial support will not have a substantial impact on the project’s financing.

How to apply to the MRC De la Côte-de-Gaspé - Investment support fund program

Check eligibility conditions

Verify that your business is a private enterprise operating for at least 2 years in the MRC de La Côte-de-Gaspé
Ensure your project involves eligible investments and meets the minimum amount required
Confirm that your business and project are not within the excluded sectors

Gather necessary documentation

Prepare supporting documents related to your investment project
Detail the expenses and financial impact
Gather required information to complete the application

Submit your application

Submit the funding application to the MRC de La Côte-de-Gaspé
Ensure all forms and documents are complete

Wait for decision

Wait for the decision from the investment committee or the general management, depending on the investment amount
Respond to possible requests for additional information

Sign agreement protocol

Sign the agreement protocol defining the terms of payment and obligations if your application is accepted

Additional information

All approved projects require the signing of an agreement outlining the conditions of financial support and both parties' obligations.
The MRC reserves the right to adjust the grant amount if the anticipated financial impact is deemed insufficient.
Certain expenditures may be excluded if they are subject to personal use, such as non-specialized vehicles.
For funding requests over $2,500, decisions are made by an investment committee, while requests of $2,500 or less are decided by general management.