MRC Joliette — Assistance fund for the establishment and start-up of structuring companies (FAIDES)
Joliette, QC, Canada
Financial support for strategic business development in Joliette
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- Manufacturing
- Information and cultural industries
- Professional, scientific and technical services
grant_single|grantors
- MRC de Joliette (CDÉJ)
grant_single|status
grant_card_status|open
grant_single_labels|preview
The Fonds d’Aide à l’Implantation et au Démarrage d’Entreprises Structurantes provides a maximum funding of $50,000 per enterprise to encourage value-added business establishment in the MRC de Joliette, prioritizing economic wealth through job creation and capital investment. Eligible activities include operations in manufacturing, agri-food processing, communications, and electronic and computer engineering services.
grant_single_labels|projects
This grant supports the establishment and initiation of high-value enterprises within the MRC de Joliette, aiming to enhance the economic wealth of the region through job creation and capital investment.
- Initiatives that involve setting up manufacturing industries.
- Projects focusing on agro-food processing.
- Establishments related to communication, centers and networks.
- Projects providing electronic engineering, computer, and programming services.
grant_single|admissibleProjectsExample
$30,000
Launching an organic community garden for urban residents
$40,000
Implementing a renewable energy system for small businesses
$55,000
Developing a digital platform for local artisan products
$30,000
Organizing a regional arts festival featuring local artists
$60,000
Creating an educational app for remote learning in schools
$50,000
Establishing a mental health support network for youth
grant_single_labels|admissibility
To be eligible for the grant, businesses must meet specific operational and strategic criteria as outlined below.
- The business must operate within the following sectors: manufacturing industry, agri-food processing, communication centers and networks, or electronic engineering, information technology, and computer programming services.
- The business must have been operational for at least three years or be a subsidiary majorly owned by a parent company operational for the same duration.
- Startups must be either an independent entity or a subsidiary owned predominantly by a parent company with over three years of operations.
- The applicant should not have been operational within the MRC of Joliette in the past three years unless relocating an existing operation to the region, increasing local payroll, which is not applicable for startups.
- The business must create a minimum of 20 permanent jobs in the MRC of Joliette, excluding jobs held by shareholders owning more than 10% of voting shares.
- The business must have an annual payroll of at least CAD 600,000, with evidence provided six months post fiscal year-end.
- Investment in capital expenditures within the MRC of Joliette must be CAD 400,000 or more.
- The business must comply with all local municipal regulations.
grant_eligibility_criteria|who_can_apply
Projects eligible for this grant must meet criteria related to innovation, value addition, and job creation.
- Complete project presentation file.
- Positive analysis of various eligibility elements determined by the policy.
- Healthy competition in the target sector of activity.
- Inclusion of innovation in the project.
- Inclusion of added value in the project.
- Viability of the project.
- Creation and consolidation of sustainable jobs.
- Other elements deemed relevant by the investment committee or the board of the CDÉJ, which can be added without prior notice.
grant_eligibility_criteria|who_cannot_apply
This grant excludes certain companies and industries due to their status or main activity. The restrictions align with the objective to prioritize new and structurally important businesses in specific sectors.
- Companies that have been operating in the MRC de Joliette within the last three years unless relocating a branch operation.
- Businesses that do not create at least twenty permanent jobs in the MRC de Joliette.
- Enterprises with an annual payroll less than $600,000.
- Organizations that do not plan to make a capital investment of at least $400,000 in the MRC de Joliette.
- Companies outside the manufacturing, agro-food processing, communications, electronic engineering, computing, or software development sectors.
grant_eligibility_criteria|eligible_expenses
The grant covers expenses related to the establishment and operation of businesses in the MRC de Joliette.
- Investments in capital expenditures amounting to $400,000 or more associated with business implementation.
- Personnel salaries and benefits, provided the project creates a minimum of 20 permanent jobs.
grant_eligibility_criteria|zone
This grant targets companies planning to operate within a specific region in Quebec to stimulate economic growth. The eligible area is strategically chosen to enhance local economic development.
- MRC de Joliette in Quebec, Canada.
grant_single_labels|criteria
The evaluation and selection of projects for the "Fonds d’Aide à l’Implantation et au Démarrage d’Entreprises Structurantes" grant are based on several criteria aimed at promoting effective economic development within the MRC de Joliette area.
- A complete presentation dossier, as indicated upon eligibility confirmation.
- Conclusive analysis of various eligibility elements as determined by the current policy.
- Encouraging healthy competition within the targeted sector of activity.
- Incorporation of innovation within the project.
- Inclusion of value-added components within the project.
- Assessment of the project's viability.
- Creation and consolidation of sustainable jobs.
- Additional criteria as deemed relevant by the committee or the board of directors of the CDÉJ.
grant_single_labels|register
To apply for the FAI grant from the CDÉJ, follow these steps:
- Step 1: Determine Eligibility
- Ensure your business operates within an eligible sector such as manufacturing, agro-food processing, communication, or IT services.
- Verify that your business meets all eligibility criteria regarding operational history, location, job creation, and investment requirements.
- Step 2: Prepare Application
- Prepare a complete project presentation dossier including project details addressing innovation, added value, and viability.
- Include analysis and plans for job creation and investment in infrastructure.
- Ensure all required supporting documents are ready as per the application confirmation requirements.
- Step 3: Submit Written Application
- Contact the Corporation de Développement Économique de la MRC de Joliette (CDÉJ) by email to request application confirmation and detailed requirements.
- Submit the written application before starting operations in the MRC de Joliette.
- Ensure the availability of funds is confirmed before submission.
- Step 4: Application Review Process
- The CDÉJ committee reviews the application based on evaluation criteria set by their Board of Directors.
- Additional information or documents may be requested during this review phase.
- Step 5: Approval and Fund Disbursement
- Upon approval, sign necessary agreements such as leases or purchase contracts to receive the first installment of financial aid (50%).
- After twelve months of operation in the MRC, submit proof of payroll to Revenu Québec and/or the Canada Revenue Agency to receive the remaining aid balance.
grant_single_labels|otherInfo
Here are additional relevant details for this grant:
- The aid is structured as a non-repayable contribution.
- An investment committee is responsible for decision-making regarding grant approvals.
- The aid is intended to support structural businesses, emphasizing job creation and capital investment.
- Availability of funds is a condition for grant disbursement.
- Applicants must request funding before beginning operations in the eligible area.
grant_single_labels|contact
(450) 752-5566
Apply to this program
Unlock Financial Support for Structuring Enterprises
The "Fonds d’aide à l’implantation et au démarrage d’entreprises structurantes" offers non-repayable financial assistance aimed at supporting the establishment of value-added businesses in the MRC de Joliette area. This fund incentivizes economic wealth creation through job creation and capital investments.
Expanded Grant Explanation and Benefits for Structuring Enterprises
The "Fonds d’aide à l’implantation et au démarrage d’entreprises structurantes" is a targeted initiative designed to stimulate economic growth by facilitating the setup of new businesses within the MRC de Joliette. Operating under a structured framework, this grant aims to attract companies engaged in sectors such as manufacturing, agro-food transformation, communications, and IT engineering sectors. These sectors are pivotal in driving innovation and sustaining the economic competitiveness of the region.
This grant caters to businesses demonstrating added value and innovation in their proposals. Specifically, it emphasizes projects that can foster sustainable job creation and contribute to tangible economic growth within the region. With a focus on non-repayable contributions, eligible businesses potentially receive up to $50,000. This financial support is contingent upon creating a minimum of twenty permanent jobs and meeting a baseline salary cost of $600,000 annually.
The initiative supports businesses whether they are new or existing, provided they have not operated within the specified region for the last three years, with certain exceptions for businesses relocating from multiple locations outside the MRC de Joliette. This assists in not only nurturing local entrepreneurship but also in attracting operations from broader geographical scopes, thereby increasing the economic diversity of the Joliette area.
For startups and enterprises eligible under this grant, the financial aid serves as a catalyst, enhancing their capacity for capital investments, such as real estate acquisitions, technological upgrades, and other infrastructural enhancements vital for sustainable growth. The grant’s structured dispersement in two installments ensures accountability and encourages businesses to maintain operational momentum for at least a year after commencement in the area.
By emphasizing innovation and sustainability, the grant supports beneficiaries not only financially but also through access to a network of strategic guidelines and resources provided by the Corporation of Economic Development (CDÉJ). This encompasses guidance on regulatory compliance and other essential frameworks essential for seamless business operation within the region.
Furthermore, the emphasis on rigorous evaluation criteria ensures that only high-potential projects receive endorsement, thereby optimizing the use of the funds toward initiatives with the greatest promise for success and impact. Embracing innovation as a cornerstone, the grant seeks to empower entrepreneurial ventures poised to navigate complex market challenges and foster a resilient economic future.
The grant opportunities presented by the CDÉJ through the "Fonds d’aide à l’implantation et au démarrage d’entreprises structurantes" position the MRC de Joliette as a prime locale for forward-thinking entrepreneurs. By participating in this scheme, businesses can secure foundational support that not only propels their own growth but also underpins broader regional economic vitality.