How much funding can be received?

Funds up to 150000% of admissible expenses.

What is the deadline to apply?

The program is accepting continuous intake

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

MRC des Appalaches - Economic Diversification Fund (FDE) is funded by MRC des Appalaches

What are MRC des Appalaches - Economic Diversification Fund (FDE)'s eligibility criterias?

Business must be located within the MRC des Appalaches Projects must align with the objectives of the Economic Diversification Fund Private investment in projects is preferred

MRC des Appalaches - Economic Diversification Fund (FDE)

Last Update: July 22, 2025

QC, Canada

Supports economic diversification and business development in the region

MRC des Appalaches - Economic Diversification Fund (FDE) 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

Grant Providers

MRC des Appalaches

Status

Archived

Overview of the MRC des Appalaches - Economic Diversification Fund (FDE) program

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.

Eligible projects & activities

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 criteria of the MRC des Appalaches - Economic Diversification Fund (FDE) program

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

Eligibility criteria of the MRC des Appalaches - Economic Diversification Fund (FDE) program

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 to the MRC des Appalaches - Economic Diversification Fund (FDE) program

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

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

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

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.