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
1
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
2
Gather necessary documentation
- Prepare supporting documents related to your investment project
- Detail the expenses and financial impact
- Gather required information to complete the application
3
Submit your application
- Submit the funding application to the MRC de La Côte-de-Gaspé
- Ensure all forms and documents are complete
4
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
5
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.