MRC La Jacques-Cartier — Social economy enterprise development fund

Who is eligible?

• Incorporated non-profit organizations
• Cooperatives
• Mutuals

Who is not eligible

• Companies operating in saturated sectors where current supply exceeds demand within the MRC La Jacques-Cartier territory.
• Businesses whose activities are sexual, religious, political, or otherwise controversial for which association with the SDE would be unreasonable.
• Projects that create undue or unfair competition for existing businesses in the territory.
• Organizations seeking funding for regular operations, debt service, loan repayment, or for projects already completed.

Eligible expenses

• Purchase of capital assets such as land, buildings, equipment, machinery, rolling stock, and incorporation fees (excluding goodwill expenses).
• Acquisition of technologies, software or applications, and patents (excluding research and development activities).
• Working capital needs directly related to the first year of the enterprise’s operations.

Eligible geographic areas

• Territory of the MRC de La Jacques-Cartier, Quebec

• Potential for community and regional development, including economic and social impacts, and contribution to quality of life and environment in the MRC de La Jacques-Cartier.
• Perspectives for financial autonomy, including market relevance, diversified funding sources, realistic financial forecasts, and effective marketing strategies.
• Quality and characteristics of jobs created or maintained, focusing on job stability, remuneration, and training plans.
• Strength and nature of partnerships demonstrated by the number and type of engaged partners.
• Guarantee of project implementation, assessing the leadership, expertise, management capacity of promoters, and organizational support available.

• Step 1: Prepare Documentation
  • Draft a comprehensive business plan.
  • Prepare a complete description of the project.
  • Assemble a financial plan and projected operational results for the project.
  • Conduct a market evaluation.
  • Develop a marketing plan.
  • Gather financial statements for the applicant/project.
  • Obtain letters patent (incorporation documents) of the applicant/project.
  • Prepare shareholder agreements and company books.
  • Provide the CVs and personal balance sheets of the project promoters.
  • List the names and roles of administrators.
  • Detail the visibility provided to the SDE.
  • Include a signed and dated resolution requesting financial assistance.
  • Prepare a summary of the project (maximum three pages).
  • Collect any additional documents required for analysis.
• Step 2: Submit Application to SDE
  • Assemble a complete application file including all required documents, in two copies.
  • Ensure the application is submitted at least thirty (30) days before the SDE’s board meeting.
  • Send or deliver the complete application in two copies to the following address: 60, rue Saint-Patrick, Shannon (Québec) G3S 1P8.
  • You may also contact jcartier@mrc.jacques-cartier.com for inquiries or submissions if instructed.

• The SDE provides technical support and ongoing monitoring throughout the duration of the funding agreement.
• The grant is intended to complement, not replace, other available financial tools and programs on the market.
• The amount awarded is subject to fund availability and may be less than the amount requested.
• No project involving unfair competition will be accepted.