MRC La Nouvelle-Beauce — Créavenir
QC, Canada
Financial support for young entrepreneurs in Nouvelle-Beauce
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Grant and Funding
Loans and Capital investments
grant_single|eligibleIndustries
- grant_single|allIndustries
grant_single|grantors
- MRC de La Nouvelle-Beauce
grant_single|status
grant_card_status|open
grant_single_labels|preview
The Créavenir program offers young entrepreneurs between the ages of 18 to 39 a tailored financial package, including a line of credit up to $15,000 at a favorable rate and a grant up to $5,000, to support startup ventures or the consolidation and succession planning of businesses established for less than three years. This program aims to stimulate local entrepreneurship and community development through viable, need-responsive, and financially realistic projects.
grant_single_labels|projects
This grant offers financial support to young entrepreneurs looking to establish or consolidate their businesses. Eligible projects are aimed at meeting local needs and demonstrating profitability in the short term.
- Viable startup projects that address a community need.
- Consolidation of businesses that have been established for less than three years.
- Business succession projects.
grant_single_labels|admissibility
Eligibility for this grant is determined by specific requirements related to the applicant's profile and location.
- The applicant must be a member of one of the participating Desjardins caisses or become one.
- The applicant must reside and launch their business within the territory of one of the participating caisses.
- The applicant must be between the ages of 18 and 39.
- The applicant must present a viable startup project or the consolidation of a business existing for less than 3 years.
- The applicant must present a viable business succession plan.
grant_eligibility_criteria|who_can_apply
Eligible candidates for the CRÉAVENIR program include young entrepreneurs who are members or willing to become members of participating Desjardins caisses, planning to start or acquire a business in the Nouvelle-Beauce region, and falling within the age range of 18 to 39 years.
grant_eligibility_criteria|zone
This grant is available to companies located within the service areas of the participating Desjardins Caisses. Only those who meet these regional criteria will be considered eligible for application.
- Companies located on the territory of one of the participating Desjardins Caisses.
grant_single_labels|register
Here are the steps to submit an application for the Créavenir grant:
- Step 1: Confirm Eligibility
- Ensure that you meet the general criteria, such as age, residency, and project requirements.
- Verify that you are or will become a member of a participating Desjardins caisse.
- Step 2: Prepare Application Details
- Develop a detailed business plan outlining the viability and profitability of your project.
- Collect financial documents to demonstrate a realistic financial structure.
- Step 3: Contact Advisors
- Reach out to Jérôme Leclerc or Erica Couture at 418-386-1608 for guidance on your application.
- Step 4: Submit Application
- Follow any specific submission instructions provided by your advisor.
- Submit all required documents and forms to the Créavenir program.
- Step 5: Await Decision
- Wait for the review and decision from the Créavenir program.
- Step 6: Confirmation
- Receive confirmation of the grant approval and details of the funding provided.
grant_single_labels|otherInfo
Here are additional relevant details for this grant:
- The funding received through CRÉAVENIR can be considered personal equity, assisting in securing further financial support from other sources.
grant_single_labels|contact
418
Apply to this program
Supporting Young Entrepreneurs Through Créavenir
The Créavenir program is designed to empower aspiring young entrepreneurs by providing them with financial support tailored to their unique needs and capabilities. This initiative aims to boost local entrepreneurship and contribute to the economic development of communities by supporting sustainable and viable business projects.
Detailed Insights Into the Créavenir Program
The Créavenir program is a financial initiative aimed at nurturing young entrepreneurs aged 18 to 39, residing and starting businesses within the participating Desjardins caisse territories. Recognizing the unique challenges faced by young business founders, this program seeks to provide a supportive financial foundation to enable these individuals to not only launch but also sustain their business ventures in the crucial early years. The program offers a dual-layered financial assistive package combining both debt and non-repayable financial support.
Eligible candidates can benefit from a credit line up to $15,000 provided at a preferential rate of prime plus 0.5% over a term of five years. This ensures that young entrepreneurs have access to a reliable financing option that supports the initial phases of their business operations, such as purchasing necessary equipment or handling startup costs. Additionally, a grant of up to $5,000 is made available, which can be utilized for initial capital requirements or to strengthen the business's working capital.
An added advantage of participating in the Créavenir program is that the funding received is considered personal equity, which can significantly bolster the entrepreneur's ability to secure further financial support from different sources. This key benefit helps in presenting a stronger financial profile to potential investors or creditors, thus unlocking additional funding potential.
The initiative is also meticulously designed to ensure that only viable projects are supported. This means the business proposals must be financially viable, address community needs, and are expected to yield profitability in the short term with a realistic financial structure. By adhering to these stringent criteria, the program ensures that its resources are optimally allocated toward initiatives with the highest likelihood of success, thereby contributing significantly to the local economy's vibrancy and growth.
Moreover, the Créavenir program aligns closely with its broader goals of stimulating local entrepreneurship and rejuvenating community businesses. This aspect highlights the program's integral role in fostering a thriving entrepreneurship culture that not only contributes to economic growth but also generates employment and enhances community welfare.
