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MRC des Appalaches - Economic Diversification Fund (FDE) - QC - Canada

MRC des Appalaches - Economic Diversification Fund (FDE)

Last Update: July 22, 2025
QC, Canada
Supports economic diversification and business development in the region

At a glance

Eligible Funding
  • Max. $150,000
Timeline
  • Open Date : May 2, 2018
  • Closing date : March 31, 2022
Financing Type
Grant and Funding
Eligible Industries
  • All industries
Funds Providers
Unspecified
Program status
Archived

Overview

The MRC des Appalaches Economic Diversification Fund (FDE) provides up to $26.4 million in financial support to foster economic growth and diversification within the region. This government program targets eligible projects such as business development, innovation, and private investment initiatives aimed at generating positive socio-economic impacts.

Financing terms and conditions

  • Total financial assistance provided amounted to $26.4 million between May 2, 2018, and March 31, 2022.
  • Private investments constituted 52% of the funding for supported projects.
  • Funding leveraged additional public and private contributions equivalent to 2.7 times the amount granted by the program.

Activities funded

  • Economic diversification initiatives within the MRC des Appalaches that align with government strategies and action plans.
  • Business development projects contributing to increased sales and economic impacts for local companies.
  • Projects supporting the creation and safeguarding of jobs in the region.
  • Initiatives that leverage both public and private investments to generate socioeconomic benefits.

Eligibility

  • The applicant company must be located within the MRC des Appalaches.
  • The project must align with the objectives of the Economic Diversification Fund (FDE) des Appalaches.
  • The project must be coherent with government strategies and action plans related to economic diversification in the region.

Who is eligible?

  • Companies located in the MRC des Appalaches

Eligible geographic areas

  • MRC des Appalaches

Selection criteria

  • Relevance of the project to the objectives of the Economic Diversification Fund (FDE).
  • Coherence with other public interventions and government strategies.
  • Demonstration of value added and utility to the region.
  • Achievement of targeted operational results and contribution to economic development.
  • Compliance with program guidelines and sound management practices.

How to apply

1

Determine your project eligibility

  • Identify your project needs that align with the Economic Diversification Fund objectives
  • Review eligibility and relevance based on the fund’s priorities
  • Confirm that your business or initiative is located within the MRC des Appalaches
2

Prepare required documentation

  • Gather all required information and documentation for the application
  • Ensure your project addresses a documented need
  • Demonstrate coherence with government strategies and other interventions
3

Submit your application

  • Complete the application form provided by the Economic Diversification Fund
  • Present the social and economic impacts expected from your project
  • Submit your application through the designated channels
4

Await review results

  • Wait for the review and evaluation performed by the Ministry
  • Respond to any follow-up requests or clarifications if needed

Additional information

  • The fund evaluation highlights a high level of client satisfaction, with a reported 100% satisfaction rate among beneficiaries.
  • The evaluation found that the fund was coherent with other government strategies and action plans, without overlapping other interventions.
  • The program emphasizes ongoing improvement, with recommendations for enhanced governance and reporting mechanisms.
  • The evaluation noted positive socio-economic impacts, including job creation and wealth generation for supported projects.

Contacts

evaluation@economie.gouv.qc.ca
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Frequently Asked Questions about the MRC des Appalaches - Economic Diversification Fund (FDE) Program

Here are answers to the most common questions about the MRC des Appalaches - Economic Diversification Fund (FDE). This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.

What is the MRC des Appalaches - Economic Diversification Fund (FDE)?

How much funding can be received?

What is the deadline to apply?

Is the MRC des Appalaches - Economic Diversification Fund (FDE) a grant, loan, or tax credit?

Who are the financial supporters of the MRC des Appalaches - Economic Diversification Fund (FDE)?

Who is eligible for the MRC des Appalaches - Economic Diversification Fund (FDE) program?

Who can I contact for more information about the MRC des Appalaches - Economic Diversification Fund (FDE)?

Where is the MRC des Appalaches - Economic Diversification Fund (FDE) available?

Are startups eligible for the MRC des Appalaches - Economic Diversification Fund (FDE) program?

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