MRC Les Etchemins — Business support policy
QC, Canada
Non-repayable financial support for eligible business projects
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|openingDateFebruary 15, 2023
- grant_single|closingDateJune 01, 2023
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- grant_single|allIndustries
grant_single|grantors
- MRC des Etchemins
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grant_card_status|open
grant_single_labels|preview
The grant offers non-repayable contributions for private enterprises and social economy enterprises to support startup, succession, expansion, and pre-startup research projects, with a maximum funding of 25% of the project cost for private enterprises and up to $25,000 for nonprofit organizations. Eligible activities include the acquisition of capital and technology, consultancy fees, and project-related working capital.
grant_single_labels|projects
This grant supports business development projects aimed at fostering economic growth through startup initiatives, business succession, expansion, and feasibility studies. These activities are critical for validating entrepreneurial ideas and supporting business transformation.
- Startup projects aimed at launching new businesses.
- Business succession projects to ensure continuity and growth during business ownership transitions.
- Expansion projects designed to grow and scale existing businesses.
- Feasibility studies and research activities that validate the viability of new business ideas.
grant_single_labels|admissibility
Eligibility for this grant is determined by the type and nature of the business entity applying.
- The applicant must be a private enterprise, which can be a sole proprietorship, a company, or a general partnership.
- The applicant can also be a social economy enterprise, which must have at least 20% of its income generated autonomously, such as a non-profit organization or a cooperative.
grant_eligibility_criteria|who_can_apply
Entreprises privées (entreprise individuelle, compagnie et société en nom collectif) et entreprises d'économie sociale ayant au moins 20% de revenus autonomes (organisme sans but lucratif et coopérative) sont éligibles pour postuler à cette subvention.
grant_eligibility_criteria|eligible_expenses
The grant covers specific expenses directly associated with the acquisition and operational needs of the project.
- Acquisition (purchase and construction) of capital assets and technology.
- Consulting fees.
- Working capital related to the project.
grant_single_labels|register
- Step 1: Verify Eligibility
- Ensure your organization meets the criteria for private businesses or social economy enterprises with at least 20% autonomous income.
- Confirm that your project type (startup, succession, expansion, or pre-startup study) is eligible.
- Step 2: Prepare Application Documents
- Gather documentation related to project costs, including estimates for acquisition, consultancy fees, and required working capital.
- Draft a detailed proposal outlining your project’s objectives, timeline, and potential impact.
- Step 3: Calculate Financial Needs
- Estimate the total cost of your project and determine the funding amount based on eligibility (up to 25% for private companies and up to 50% for non-profits, with a maximum of $25,000).
- Step 4: Prepare Application Fee
- Prepare to pay the $150 application processing fee.
- Step 5: Submit Application
- Complete the application form provided by the funding body.
- Include all supporting documents and proof of payment of the application fee.
- Submit the entire package through the method specified by the funding provider.
- Step 6: Await Confirmation
- Wait for the confirmation of receipt from the funding body.
- Keep a record of your application number for future reference.
- Step 7: Follow Up
- If needed, contact the program representative at pogauthier@mrcetchemins.qc.ca for further information regarding the status of your application.
grant_single_labels|otherInfo
The following details provide additional context for this grant:
- A $150 fee applies for filing the application.
grant_single_labels|contact
pogauthier@mrcetchemins.qc.ca
Apply to this program
An Exceptional Financial Support for Business Development
This grant offers a non-repayable financial contribution to eligible businesses and organizations to help them innovate and grow. It targets various project stages, including startup, expansion, and feasibility studies, particularly for social economy enterprises.
In-depth Information About Grant Opportunities and Benefits
The "Politique de soutien aux entreprises" grant program provides an invaluable opportunity for businesses and organizations to secure funding for their projects that align with developmental goals. It is specifically tailored to assist private enterprises and social economy organizations, ensuring they have the necessary funding to nurture and execute strategic plans effectively. The grant aids in fostering the growth and sustainability of emerging businesses while supporting social economy ventures which significantly contribute to the regional and national economies.
This financial assistance is carefully structured to cater to varied business needs such as startup initiatives, business succession planning, expansion projects, and preliminary feasibility studies aimed at validating business concepts. Such a comprehensive coverage ensures that businesses at different stages of their lifecycle can benefit, especially when transitioning through critical phases that require substantial financial backing.
Private businesses, including sole proprietors and partnerships, can receive up to 25% of their project costs covered through this grant. Social economy organizations, on the other hand, are eligible for enhanced support, with grants covering up to 50% of project costs, capped at $25,000 per project. This tailored financial approach ensures that the unique needs of each type of organization are addressed effectively, thereby promoting equitable economic development across various sectors.
Furthermore, the grant supports a wide range of eligible expenses, which include the acquisition or construction of capital assets and technology, consultant fees, and project-related working capital. By covering such critical expenses, the grant alleviates the financial pressure on businesses and allows them to allocate resources effectively, thus leading to greater efficiency and project success.
Notably, the program also emphasizes thorough project evaluation before funding approval, ensuring that funds are strategically allocated to projects with significant potential for success and positive impact. This meticulous selection process guarantees that only well-planned and feasible projects with clearly defined objectives receive support, which optimizes the impact and efficacy of the funding.
For businesses and organizations keen on expanding their operations or validating new business ideas, this grant offers not just financial relief but also serves as a catalyst for innovation and strategic growth. It is a testament to the commitment to support economic diversification and enhance the entrepreneurial landscape.
The inclusion of a $150 application fee notwithstanding, the potential benefits far outweigh this initial investment, especially given the significant financial support and potential for business growth. Through this grant, beneficiaries can embark on projects that might otherwise have been unattainable, thereby contributing to a vibrant and competitive business ecosystem in Canada.
