MRC L'Islet — Vitalization fund

Eligibility for this grant is determined by specific requirements related to the applicant's profile.

• The applicant can be one of the following: municipalities, private enterprises, social economy enterprises, cooperatives (excluding the financial sector), non-profit organizations, or educational institutions.
• Individuals establishing a new enterprise may also apply.
• The applicant must not be registered in the Register of enterprises ineligible for public contracts.

Who is eligible?

Eligible organizations for the Fonds de vitalisation include municipalities, private and social economy enterprises, cooperatives (excluding those in the financial sector), non-profit organizations, educational sector organizations, and legal entities wishing to start a business. Entities listed on the Register of companies ineligible for public contracts do not have access.

Who is not eligible

This grant is not available for certain companies and industries based on specific restrictions. These limitations are put in place to align with the fund's strategic priorities and objectives.

• Financial sector companies, including banks and financial cooperatives.
• Projects in the retail or restaurant sectors, unless they provide a non-competitive local service.
• Projects that contradict governmental policies or approved measures.
• Projects associated with health services, such as health cooperatives.
• Projects linked to municipal administration tasks.
• Projects linked to religious institutions, unless they involve conversion to a different communal use.
• Entities listed on the register of enterprises ineligible for public contracts.

Eligible expenses

The grant covers specific expenses directly related to the realization and success of the project.

• Operating expenses directly related to project execution such as salaries, rent, acquisition of materials and equipment, and reporting costs.
• Expenses for creating plans and studies, including salaries and professional fees associated with project development.
• Costs of construction, development, implementation, or establishment of the project.

Eligible geographic areas

This grant is intended to support initiatives that contribute significantly to the priority communities of four municipalities. The eligible geographical areas for companies applying are directly aligned with these prioritized locations to bolster economic and social vitality.

• Saint-Adalbert
• Sainte-Félicité
• Saint-Omer
• Tourville

The evaluation and selection of projects for the Fonds de vitalisation are based on specific criteria to ensure they align with the fund's objectives and priorities.

• Links with the preferred axes of the fund.
• Demonstration of the project's impact or its structuring effect on the revitalization of the concerned communities.
• Quality of the financing plan: realism of anticipated costs, contributions from involved partners and applicable government programs, confirmation of contributions.
• Quality of the project implementation plan: clear connections between the stages, activities, resources, and targets.
• Promoter's capacity to carry out the project.
• Collaboration and/or mobilization related to the project.
• Other projects already supported in the locality from which the project originates.
• The project's effect on similar services nearby (competition).
• Sustainability and durability of the project.
• Importance of the requested contribution in relation to the project's impact.

Here are additional relevant details for this grant:

• There must be at least a 10% contribution from the promoter or other non-governmental partners, with a minimum of 5% in financial resources.
• The financial contribution is limited to $75,000 per project, or $37,500 for private enterprises.
• Funds cannot cover operational deficits, debt repayments, or working capital replenishment.
• Projects cannot be funded if the expenditures were incurred prior to application submission.
• Applications must include resolutions and supporting documents as per requirements.
• The deadlines for project submission are biannual and listed specifically for select upcoming dates until September 2024.