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MRC des Chenaux — Young Promoters Fund
Funding for young entrepreneurs and business succession
Last Update: April 9, 2026
Funding available
$ 11,000
Timeline
- Open Date : November 23, 2021
Location
Mauricie, Quebec, Canada
Overview
This program provides non-repayable funding of up to $11,000 for young entrepreneurs in the MRC des Chenaux. It supports business creation, entrepreneur training, and business succession projects.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Complete an acquisition or business transfer
- Develop workforce skills
- Start a business
Eligible Funding
- Maximum amount : 11,000 $
Timeline
- Open Date : November 23, 2021
Eligible candidates
Eligible Industries
- Manufacturing
- Arts, entertainment and recreation
- Accommodation and food services
- Other services (except public administration)
- Public administration
Location
- Des Chenaux
- Mauricie
- Quebec
Legal structures
- Sole proprietorship
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Newcomers to Canada
- Canadians
- Youth (<40)
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Creation of a first or second business.
- Entrepreneur training linked to the business project.
- Succession or acquisition of an existing business.
Documents Needed
- Completed MRC des Chenaux subsidy application form
- Complete business plan
- Project presentation to the investment committee
Eligibility
Who is eligible?
- Young entrepreneurs.
- Individuals creating a first or second business.
- Individuals pursuing business succession.
Who is not eligible
- Businesses in retail or personal services, except for listed exceptions.
- Businesses in tobacco, vaping, or cannabis.
- Businesses with sexual, religious, political, or other controversial activities.
- Professionally regulated service businesses.
- Speculative or temporary businesses.
Eligible expenses
- Capital expenses such as land, building, equipment, machinery, vehicles, and incorporation fees.
- Technology, software, licenses, manufacturing agreements, and patents.
- Working capital for the first year of operations.
- Training fees, learning materials, and related participation costs.
- Share acquisition costs and directly related professional fees for business succession.
Ineligible Costs and Activities
- Costs incurred before the MRC receives the official application.
- Operating costs of an organization.
- Debt service and repayment of existing or future loans.
- Projects already completed.
Eligible geographic areas
- MRC des Chenaux
Processing and Agreement
- The MRC des Chenaux manages the program and reviews submitted projects.
- Eligible projects are presented to the investment committee.
- Approved projects are covered by an agreement between the MRC and the promoter(s).
- Projects with major changes must be resubmitted for eligibility validation.
Additional information
- Approved projects require a memorandum of understanding with the MRC des Chenaux.
- The investment committee is made up of five people appointed by the MRC.
- Projects with major changes must be resubmitted to the committee for eligibility review.
Frequently Asked Questions about the MRC des Chenaux — Young Promoters Fund Program
What is the MRC des Chenaux — Young Promoters Fund?
This program provides non-repayable funding of up to $11,000 for young entrepreneurs in the MRC des Chenaux. It supports business creation, entrepreneur training, and business succession projects.
How much funding can be received?
MRC des Chenaux — Young Promoters Fund Funds up to $11,000 of admissible expenses.
Who is eligible for the MRC des Chenaux — Young Promoters Fund program?
To be eligible for the MRC des Chenaux — Young Promoters Fund program, you must:
Age 18 to 39.
Quebec permanent resident.
Full-time involvement in the business.
What expenses are eligible under MRC des Chenaux — Young Promoters Fund?
Creation of a first or second business.
Entrepreneur training linked to the business project.
Succession or acquisition of an existing business.
Where is the MRC des Chenaux — Young Promoters Fund available?
The MRC des Chenaux — Young Promoters Fund program is available Mauricie, Quebec.
Is the MRC des Chenaux — Young Promoters Fund a grant, loan, or tax credit?
MRC des Chenaux — Young Promoters Fund is a Grant and Funding
Who are the financial supporters of the MRC des Chenaux — Young Promoters Fund?
MRC des Chenaux — Young Promoters Fund is funded by MRC des Chenaux (MRC)