
MRC La Nouvelle-Beauce — Créavenir
At a glance
- Max. $20,000
- Unspecified
Overview
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.
Financing terms and conditions
The Créavenir program provides tailored financial support to young entrepreneurs to foster local business growth and economic development. The program offers both credit and grant modalities to meet diverse entrepreneurial needs.
- A line of credit up to $15,000 is available, with a preferential interest rate (prime rate + 0.5%) for a period of five years.
- A grant of up to $5,000 can be awarded to support start-up operations or to provide working capital funding.
- The funding from the Créavenir program can be considered as personal equity, aiding in accessing additional financial sources.
Activities funded
This grant assists young entrepreneurs in launching viable start-up projects, consolidating existing businesses, or taking over an existing enterprise. The focus is on supporting projects that meet community needs and offer short-term financial benefits.
- Projects aimed at launching a new viable business.
- Projects focused on consolidating an existing business that is less than three years old.
- Projects related to taking over an existing business.
Eligibility
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.
Who is eligible?
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.
Eligible geographic areas
This grant requires companies to be located within areas serviced by participating Desjardins caisses. These regions are integral to ensuring local entrepreneurial development.
- Territories of participating Desjardins caisses.
How to apply
Eligibility Verification
- Make sure you are a member of one of the participating Desjardins caisse or be ready to become one.
- Verify that your project meets the viability criteria and addresses a need in the community.
Preparation of the request
- Write a detailed description of the project including its financial plan.
- Include documents that demonstrate the short-term viability of the project.
- Prepare a file that justifies the need for funding.
Contact Initiation
Submission of the request
- Submit the required documents through the provided contacts or according to the instructions given by them.
- Check for any additional requirements that may be requested by the organization.
Follow-up of the request
- Wait for a response from the Créavenir team regarding the acceptance or rejection of your request.
- Be prepared to provide additional information if requested during the review process.
Additional information
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.
Frequently Asked Questions about the MRC La Nouvelle-Beauce — Créavenir Program
What is the MRC La Nouvelle-Beauce — Créavenir?
How much funding can be received?
What expenses are eligible under MRC La Nouvelle-Beauce — Créavenir?
What is the deadline to apply?
Is the MRC La Nouvelle-Beauce — Créavenir a grant, loan, or tax credit?
Who are the financial supporters of the MRC La Nouvelle-Beauce — Créavenir?
Who is eligible for the MRC La Nouvelle-Beauce — Créavenir program?
Who can I contact for more information about the MRC La Nouvelle-Beauce — Créavenir?
Where is the MRC La Nouvelle-Beauce — Créavenir available?
Are startups eligible for the MRC La Nouvelle-Beauce — Créavenir program?
Are youth (under 40) eligible for the MRC La Nouvelle-Beauce — Créavenir program?
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