How much funding can be received?

Funds up to 90% of admissible expenses.

What is the deadline to apply?

The deadline to apply is not specified.

Who are the financial supporters of the MRC du Golfe-du-Saint-Laurent — Business support policy?

MRC du Golfe-du-Saint-Laurent — Business support policy is funded by MRC du Golfe du Saint Laurent

What are MRC du Golfe-du-Saint-Laurent — Business support policy's eligibility criterias?

Organizations must be cooperatives (except financial), non-profit organizations, municipal organizations, private companies or social economy enterprises (except financial), or individuals wishing to create a business. Eligible organizations must serve, in whole or in part, the municipalities of the MRC du Golfe-du-Saint-Laurent. All promoters, except fishermen without NEQ, must be registered and in good standing with the Quebec Business Register to request and receive financial assistance.

MRC du Golfe-du-Saint-Laurent — Business support policy

Last Update: April 3, 2025

QC, Canada

Supports sustainable job creation and business development in MRC

MRC du Golfe-du-Saint-Laurent — Business support policy at a glance

Eligible Funding

Up to 90% of project cost

Timeline

Continuous Intakes

Financing Type

Grant and Funding

Eligible Industries

Retail trade
Accommodation and food services
Public administration

Grant Providers

MRC du Golfe du Saint Laurent

Status

Open

Overview of the MRC du Golfe-du-Saint-Laurent — Business support policy program

The MRC du Golfe-du-Saint-Laurent Business Support Policy aims to foster job creation, provide continuous support to entrepreneurs, and encourage social enterprise development. The program offers a maximum funding amount of $150,000 per beneficiary annually, with eligible activities including business creation, acquisition, expansion, and technical or financial support.

Financing terms and conditions

The maximum contribution from combined government grants is 90% of the total project cost, requiring a minimum 10% monetary contribution from the promoter.
Financial assistance for privately initiated projects cannot exceed 50%.
The total financial aid provided to a single beneficiary cannot exceed $150,000 over a 12-month period.
Eligible funds include the Entrepreneurial and Economic Diversification Fund (FEDE), Business Concertation Fund (FCCE), and the Social Economy Enterprise Development Fund (FDEÉS).
Under FEDE, financial assistance is offered as a grant of $12,500 per project with an additional $2,500 for promoters aged 18 to 40, capping at $15,000 per project.
For training-related expenses under FEDE, eligible promoters can receive a 100% reimbursement up to a maximum of $1,000.
The FCCE provides financial support for trade fairs, congresses, and similar events, with a maximum contribution of $4,000 per promoter per calendar year.
The Social Economy Enterprise Development Fund offers up to a $10,000 non-repayable contribution per project, requiring the promoter to contribute 10% of the total project cost.

Eligible projects & activities

Creation of a new business or acquisition of an existing business.
Expansion or diversification of a business.
Social economy enterprise projects.
Participation in training for business skills improvement.
Organizing and participating in forums and meetings related to industry strategy development.
Attendance at trade fairs, congresses, and conferences to promote business growth.
Development of collective entrepreneurship projects.
Implementation of projects responding to the social needs of community members or creating durable quality jobs.
Projects that aim for economic and social profitability.

Examples of admissible projects:

$ 25,000

Developing a green rooftop garden for urban sustainability

Eligibility criteria of the MRC du Golfe-du-Saint-Laurent — Business support policy program

Applicants must be registered and in good standing with the Québec Enterprise Registrar, except for fishermen without a NEQ.
Eligible organizations include cooperatives (except financial), non-profit organizations, municipal organizations, private or social economy enterprises (except financial), and individuals wishing to create an enterprise.
Organizations must serve the municipalities of MRC du Golfe-du-Saint-Laurent, which includes Côte-Nord-du-Golfe-du-Saint-Laurent, Gros-Mecatina, Saint-Augustin, Bonne-Espérance, Blanc Sablon, and the communities of Unamen Shipu and Pakua Shipu.
Expenditures must occur after the financial assistance agreement is signed between the promoter and the MRC.
The promoter must provide a minimum financial contribution of 10% to the project, with total government grants covering up to 90% of the project costs.
Financial assistance for private enterprises cannot exceed 50% of project costs.
Financial assistance is capped at $150,000 per beneficiary over a 12-month period.

Who is eligible?

Cooperatives (excluding financial cooperatives)
Non-profit organizations
Municipal organizations
Private businesses or social economy enterprises (excluding financial businesses)
Individuals intending to start a business
Sole proprietorships
Partnerships
Corporations
For-profit organizations (excluding financial organizations)
Non-profit organizations
Associations
Organizations involved in social economy enterprises

Who is not eligible

Financial institutions such as banks and credit unions.
Organizations primarily involved in the real estate sector, including those dealing with residential and commercial properties solely for rental or sale.
Enterprises involved in the retail or restaurant sector, except when providing an essential local service with specific criteria such as non-competition within a municipality and a 5 km radius from similar services.
Projects related to the relocation of business operations outside of their current community.
Businesses that consist of personal-use real estate or those generating income strictly through leasing or selling properties.

Eligible expenses

Capital expenditures such as land, buildings, equipment, machinery, rolling stock, incorporation, transportation, installation, and similar expenses.
Acquisition of technology, software, or software packages, patents, and any other similar expenditures.
Legal and professional fees and other costs incurred for consulting specialists for conducting studies.
Expenses for business skills training, including tuition fees, materials, and other costs related to participating in approved training activities.

Eligible geographic areas

Côte-Nord-du-Golfe-du-Saint-Laurent
Gros-Mecatina
Saint-Augustin
Bonne-Espérance
Blanc Sablon
Communities of Unamen Shipu
Pakua Shipu

Eligibility criteria of the MRC du Golfe-du-Saint-Laurent — Business support policy program

Viability and quality of the financial plan.
Innovative nature of the project.
Development potential and socio-economic impacts.
Job creation potential.
Overall impact on the community or territory, including market space.

How to apply to the MRC du Golfe-du-Saint-Laurent — Business support policy program

Step 1: Register Your BusinessEnsure your business is registered with the Registraire des entreprises du Québec and your registration is current.
Create a file for your business with a valid Québec Enterprise Number (NEQ), unless you are an exempted group like certain fishermen.
Step 2: Develop Your Project ProposalDefine the objectives and scope of your business project.
Prepare a comprehensive business plan that includes financial projections, operational plans, and an analysis of the socio-economic impact.
Identify the funding stream applicable to your project, whether entrepreneurial, diversification or social economy development.
Step 3: Complete the Application FormFill in the application form with all required information accurately.
Ensure all sections are filled and signed as needed.
Step 4: Compile Required DocumentationGather supporting documents such as financial statements, legal documents, and project feasibility studies.
Include any specific documents required for the selected fund annex.
Step 5: Submit the ApplicationSubmit your application package to the appropriate contact at MRC du Golfe-du-Saint-Laurent before the deadline.
Ensure all parts of the application, including documentation, are complete and organized.
Step 6: Follow-UpReceive confirmation from MRC regarding the receipt of your application.
Be prepared to provide additional information or clarification if requested by the MRC during their review process.

Additional information

The contribution maximum for financial aid from government sources is capped at 90% of the total project costs, requiring the promoter to contribute a minimum of 10% to the project.
For projects initiated by private enterprises, the financial aid cannot exceed 50% of the project costs.
Financial assistance given to a single beneficiary cannot exceed $150,000 within any 12-month period.
A final analysis of projects will be based on criteria like innovation, potential growth, socio-economic impact, job creation, financial viability, and community benefits.