How much funding can be received?

Funds up to 50% of admissible expenses, capped at $50000 per project.

What is the deadline to apply?

The deadline to apply is not specified.

Who are the financial supporters of the MRC La Haute-Côte-Nord — Business support (PSE)?

MRC La Haute-Côte-Nord — Business support (PSE) is funded by MRC La Haute-Côte-Nord

What are MRC La Haute-Côte-Nord — Business support (PSE)'s eligibility criterias?

The promoter and/or the business must have a valid address in Quebec. The promoter must be 18 years old or more. The project must be located within the territory of the MRC La Haute-Côte-Nord.

MRC La Haute-Côte-Nord — Business support (PSE)

Last Update: April 3, 2025

QC, Canada

Supports economic development in the Haute-Côte-Nord region

MRC La Haute-Côte-Nord — Business support (PSE) at a glance

Eligible Funding

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

Timeline

Continuous Intakes

Financing Type

Grant and Funding

Eligible Industries

All industries

Grant Providers

MRC La Haute-Côte-Nord

Status

Open

Overview of the MRC La Haute-Côte-Nord — Business support (PSE) program

The MRC La Haute-Côte-Nord Business Support Program (PSE) offers non-repayable contributions of up to $50,000 for projects enhancing the economic development of its regions, focusing on activities fostering innovation and local collaboration. Eligible activities include acquisition, construction, and project implementation costs, excluding retail and restaurant projects unless they provide essential local services.

Financing terms and conditions

The financial assistance is provided in the form of a non-refundable contribution.
The financial aid cannot exceed $50,000, up to a maximum of 50% of the total project cost.
Combined financial support from provincial and federal governments cannot exceed 80% of the total project financing.
Eligible expenses include acquisition costs of movable and immovable properties, construction, setting up, or implementation of the project.
Non-eligible expenses include operational deficits, debt repayment, and expenses preceding the project submission date.
Non-eligible expenses also include those already covered by the Government of Québec, or related to retail or restaurant projects unless providing proximity service.
No management fees are charged to the promoter, but verification and registration fees, as well as professional fees, are borne by the promoter upon invoice receipt from the MRC.
If an activity's location moves outside the specified territory within five years, financial assistance will be canceled, and repayment may be required.

Eligible projects & activities

Projects related to the economic development of the MRC La Haute-Côte-Nord territory.
Services offered within municipalities that do not compete with any similar existing services and are essential for economic diversification.

Examples of admissible projects:

$ 300,000

Launch an eco-friendly packaging line

$ 225,000

Develop a community-based recycling program

$ 400,000

Establish a renewable energy research facility

Eligibility criteria of the MRC La Haute-Côte-Nord — Business support (PSE) program

The applicant and/or business must have a valid address in Quebec.
The applicant must be 18 years of age or older.
The project must be located within the territory of the MRC La Haute-Côte-Nord.
The applicant must provide a business plan with three-year financial projections, except for certain expertise studies where a project description sheet is required.
The promoter's share for a startup must be at least 10% of the total project cost. For existing businesses, the equity (net worth) post-project must reach 20%, with some flexibility depending on the quality of the promoters and the project, but not lower than 15%.
Combined financial aid from provincial and federal governments cannot exceed 80% of the total project funding.
Service proximity requirements must be met (i.e., not competing with similar businesses within a ten-kilometer radius and essential to community economic development).

Who is eligible?

Companies with a valid address in Quebec
Companies or promoters whose projects are located within the territory of the MRC La Haute-Côte-Nord
Service providers offering essential services that support economic development and diversification within the community, provided they do not compete with similar services within a ten-kilometer radius.

Who is not eligible

Projects in the retail or restaurant sectors, unless they provide a local service.
Any expenditure supporting a retail or restaurant project not offering a local service.

Eligible expenses

Costs of acquisition of movable and immovable property.
Construction expenses.
Expenses for project development or implementation.

Eligible geographic areas

Sacré-Cœur
Tadoussac
Les Bergeronnes
Les Escoumins
Longue-Rive
Portneuf-sur-Mer
Forestville
Colombier
Communauté innue Essipit

Eligibility criteria of the MRC La Haute-Côte-Nord — Business support (PSE) program

Viability of the project.
Creation of value on the territory of the MRC.
Partnerships with local entities.
Attractiveness and integration of new arrivals.
Retention of the population.
Competency of the promoter and/or management team.
Competitive environment and market potential.
Social and environmental impacts.
Innovation in organization, process, or product.
Impact of the requested financial aid on achieving project goals.

How to apply to the MRC La Haute-Côte-Nord — Business support (PSE) program

Step 1: Gather Required DocumentsComplete the financial aid application form.
Provide a detailed project description, including timeline and comprehensive business plan with financial forecasts.
Submit an evaluation of impacts on the economic diversification of La Haute-Côte-Nord.
Prepare a detailed cost and financing description.
Submit the personal financial statement of the promoters.
Include any other relevant documents as necessary.
If applicable, provide a service offer from a specialized firm for feasibility studies.
Provide a quote or cost evaluation for municipal projects.
Step 2: Additional Documents for Existing BusinessesSubmit recent financial statements of the business.
Include the company’s history and current activity description (products, services, markets, etc.).
Explain the link between the study project and the organization.
Provide the address of the business property and its organizational structure.
Step 3: Application SubmissionEnsure all required documentation is compiled and complete.
Send the complete application package to the responsible body, the MRC's economic development service.
Step 4: Confirmation and Follow-UpAwait confirmation of receipt from the MRC.
Maintain communication with the MRC for any additional information or documents they may require.

Additional information

The financial assistance granted is a non-refundable contribution.
The financial aid cannot surpass $50,000, representing up to 50% of the project's total cost.
The Ministry of Municipal Affairs and Housing (MAMH) may request an external sectoral opinion for projects costing $50,000 or more.
No management fees will be charged to the promoter.
Verification, registration, or professional fees are the responsibility of the promoter and are payable upon invoice receipt from the MRC.
Promoters in default of payment to the MRC cannot receive financial assistance.
If project activities are relocated outside the La Haute-Côte-Nord territory within five years, financial support will be annulled and may be subject to reimbursement.