MRC des Chenaux — Economic Diversification Fund (FDÉ)

Q: How much funding can be received?

MRC des Chenaux — Economic Diversification Fund (FDÉ) Funds up to 50% of admissible expenses, capped at $15000 per project.

Q: What is the deadline to apply?

The deadline to apply is not specified.

Q: Is the MRC des Chenaux — Economic Diversification Fund (FDÉ) a grant, loan, or tax credit?

MRC des Chenaux — Economic Diversification Fund (FDÉ) is a Grant and Funding

Q: Who are the financial supporters of the MRC des Chenaux — Economic Diversification Fund (FDÉ)?

MRC des Chenaux — Economic Diversification Fund (FDÉ) is funded by MRC des Chenaux

Q: Who is eligible for the MRC des Chenaux — Economic Diversification Fund (FDÉ) program?

To be eligible for the MRC des Chenaux — Economic Diversification Fund (FDÉ) program, you must: • The business must be a legally constituted enterprise registered with the Quebec Enterprise Register with its main activity located in the MRC des Chenaux. • It must be a private, for-profit company.

Q: Who can I contact for more information about the MRC des Chenaux — Economic Diversification Fund (FDÉ)?

You can contact MRC des Chenaux.

Q: Where is the MRC des Chenaux — Economic Diversification Fund (FDÉ) available?

The MRC des Chenaux — Economic Diversification Fund (FDÉ) program is available the province of QC.

Q: Are startups eligible for the MRC des Chenaux — Economic Diversification Fund (FDÉ) program?

Yes, startups are eligible to apply for the MRC des Chenaux — Economic Diversification Fund (FDÉ) program.

Last Update: July 22, 2025

QC, Canada

Economic diversification fund for SMEs in MRC des Chenaux

At a glance

Eligible Funding

Max. $15,000
Up to 50% of project cost

Timeline

Unspecified

Financing Type

Grant and Funding

Eligible Industries

Manufacturing
Arts, entertainment and recreation
Other services (except public administration)
Public administration

Funds Providers

Unspecified

Program status

Open

Overview

The Fonds de diversification économique provides non-repayable financial contributions to support innovative projects from SMEs within the MRC des Chenaux, with a maximum funding amount limited to 50% of eligible expenses, not exceeding $15,000 per year. Eligible activities include supporting economic diversification efforts, adopting information technology, and developing new products or processes.

Financing terms and conditions

The Economic Diversification Fund provides a non-repayable financial contribution to support innovation and entrepreneurship in the MRC des Chenaux region. This fund acts as a supplement to traditional financing.

The financial assistance is non-repayable and complements other government aids without replacing existing or future federal and provincial funding programs.
Cumulative financial contributions from government sources must not exceed 80% of the total project expenses.
The maximum aid provided is limited to 50% of eligible expenses, with a cap of $15,000 per year per enterprise.
Projects must be financed with at least 20% contribution from promoters or other community sources.
In exceptional cases, when a project is deemed particularly structuring, the MRC reserves the right to exceed the usual maximum financial aid limits.
Accepted projects are subject to a non-refundable commitment fee of 0.5% of the granted contribution amount, payable at the time of agreement signing.
Funds may be withheld from disbursement to cover the commitment fee.
All projects must adhere to a previously established set of conditions formalized in an agreement between MRC and the business.
Projects must begin within 12 months of acceptance, with possible re-evaluation required if significant changes occur.

Activities funded

The Economic Diversification Fund (FDÉ) aims to boost innovation and support businesses at various stages of their projects, specifically targeting small and medium enterprises (SMEs) in the MRC des Chenaux region. Eligible projects must demonstrate novelty and significant economic impact.

Evaluation of project opportunities.
Feasibility studies including technical and financial assessments.
Development and implementation of marketing plans.
Analysis and evaluation of processes and technologies.
Market research related to the project.
Business diagnostics and strategic planning.
Creation, modernization, and updating of websites, especially for transactional applications and mobile compatibility.
Development of new products, including adaption, standards compliance, and quality initiatives.
Development and implementation of new production methods and procedural improvements.
Acquisition of technological equipment, software, and protection of intellectual property related to product and process development.

Eligibility

Eligibility for the Fonds de diversification économique (FDÉ) grant is determined by specific requirements related to the applicant's profile and proposed activities.

The applicant must be a legally constituted enterprise registered in the Quebec Business Register (Registre des entreprises du Québec).
The primary activity of the enterprise must be located within the territory of the MRC des Chenaux.
The enterprise must be a private, for-profit entity.

Who is eligible?

The Fonds de diversification économique (FDÉ) is aimed at private for-profit companies legally constituted in the Quebec Business Registry whose main activity takes place within the MRC des Chenaux territory.

Private for-profit enterprises located within the MRC des Chenaux.

Who is not eligible

This grant excludes certain companies and industries due to their status or main activity. The restrictions aim to ensure that funds are directed toward sectors that support local economic diversification and innovation.

Companies involved in sexual, religious, or political activities.
Businesses part of the tobacco, vaping, or cannabis industry.
Companies engaged in controversial activities such as dating agencies, war games, armament, astrology, tarot readings, personal growth courses, or pawn shops.
Professional services businesses regulated by an order.
Companies whose revenues are primarily derived from commissions.
Businesses with speculative or non-recurrent activities.
Companies exhibiting environmentally irresponsible behavior according to current legislation.
Businesses not adhering to labor standards or human rights legislation.

Eligible expenses

The grant supports expenses directly related to the realization and success of the project in various sectors.

Expenses for the realization of a project, including fees, expertise costs, and other necessary costs for conducting a study.
Expenses exclusively related to the creation, modernization, and updating of a website.
Expenses for the development or improvement of products or processes such as conception, design, engineering, and prototyping.
Professional fees for specialized services.
Acquisition of technological equipment, software, or similar expenses.
Costs for intellectual property protection.
Expenses such as installation costs of fixed assets, professional fees, and training expenses related to the project, satisfactory to the MRC.

Eligible geographic areas

This grant is available to companies located specifically on the territory of the MRC des Chenaux. The eligible locations are defined to focus support on economic diversification within this region.

Companies with their main activity located in the territory of the MRC des Chenaux.

Selection criteria

The evaluation and selection of projects for this grant are based on specific criteria to ensure they contribute to the diversification and development of the economy in the MRC des Chenaux.

The eligibility of the project.
The impact on the economic diversification of the MRC.
The relevance and structuring quality of the project for the local economy.
The financial, social, and environmental viability of the project.
The experience and involvement of the promoters or managers.

How to apply

Eligibility verification

Check that the company is legally registered with the Quebec Enterprise Register and located in the territory of the MRC des Chenaux.
Confirm that the project is of an innovative and structuring nature and that it adheres to the priority sectors of activity.

Preparation of the required documents

Collect information about the project promoters, including their names, contact details, and CVs.
Prepare a detailed project description, including the location of implementation.
Establish a total project budget, incorporating funding sources, including the financial contribution of the promoter.
Draft a project timeline.
Attach the latest available financial statements of the company.
Gather any other information deemed necessary by the MRC.

Submit the request

Contact the MRC des Chenaux for specific details on the submission method (electronically or physically).
Ensure that all information and documents are complete and accurate before submission.

Signature of the memorandum of understanding

If the project is approved, sign the memorandum of understanding with the MRC, defining the terms of the financial contribution.
Pay the commitment fee of 0.5% of the amount of the granted contribution upon signing the memorandum of understanding.

Project Follow-up

Collaborate with the financial analyst of the MRC for project monitoring and compliance with established conditions.
Submit the required supporting documents throughout the project.

Additional information

Here are additional relevant details for this grant:

The maximum financial assistance is limited to 50% of eligible expenses, with a cumulative annual limit of $15,000 per enterprise.
In exceptional cases, the MRC reserves the right to grant financial assistance beyond this cap.
An engagement fee of 0.5% of the contribution amount is non-refundable and payable upon signing the agreement.
A protocol agreement defines the terms of fund disbursement, and obligations of parties involved.
The project must be initiated within 12 months of approval; otherwise, reevaluation is required after significant project changes.

Apply to this program

Frequently Asked Questions about the MRC des Chenaux — Economic Diversification Fund (FDÉ) Program

Here are answers to the most common questions about the MRC des Chenaux — Economic Diversification Fund (FDÉ). 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.