MRC Portneuf — Capitale-Nationale Region Fund
QC, Canada
Portneuf's investment fund supports regional economic development
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|openingDateJune 01, 2018
- grant_single|closingDateJanuary 23, 2019
- grant_single|grantStatusClosed
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- Agriculture, forestry, fishing and hunting
- Manufacturing
- Information and cultural industries
- Administrative and support, waste management and remediation services
- Arts, entertainment and recreation
- Other services (except public administration)
- Public administration
grant_single|grantors
- MRC Portneuf
grant_single|status
grant_card_status|open
grant_single_labels|preview
The Fonds de la région de la Capitale-Nationale aims to enhance the vitality and development of the MRC de Portneuf by supporting projects across various sectors with a focus on innovation, economic diversification, and territorial development; eligible applicants can receive up to a maximum of CAD 500,000 in non-repayable contributions over two years or a maximum of CAD 250,000 in repayable contributions. The fund supports activities such as entrepreneur training, innovation promotion, competitiveness improvement, and strategic sector support, excluding certain saturated sectors and activities.
grant_single_labels|projects
The Fonds de la région de la Capitale-Nationale aims to support the economic development within the MRC de Portneuf through diverse initiatives. Eligible projects are those that enhance entrepreneurial ecosystems, promote innovation, improve competitiveness, integrate territorial and economic development, or have cultural and economic impacts.
- Projects that support the entrepreneurial community and business support ecosystems, such as training and mentoring entrepreneurs or facilitating business succession.
- Initiatives promoting innovation in businesses and municipal organizations, including supporting innovative projects and fostering collaboration between local actors.
- Activities enhancing business competitiveness, such as facilitating market expansion, digital transformation, workforce development, and talent retention.
- Integrated territorial and economic development projects, such as sustainable industrial and commercial projects, modernizing commercial hubs, and creating new development spaces.
- Diversifying the regional economic fabric by supporting strategic sectors like agriculture, manufacturing, information technology, and tourism.
- Attracting events and investments to increase the visibility and attractiveness of the MRC de Portneuf.
- Regionally or territorially impactful projects addressing recognized economic issues and resulting from regional or local collaboration.
grant_single_labels|admissibility
The eligibility for the Fonds de la région de la Capitale-Nationale (FRCN) grant is defined by several criteria concerning the nature and operations of the applicant organization.
- The applicant must be a private enterprise or cooperative (non-banking) duly registered and in good standing with the Québec Enterprise Register.
- Non-profit organizations duly registered and in good standing with the Québec Enterprise Register are eligible.
- The regional county municipality (MRC) of Portneuf and its constituent municipalities are eligible to apply.
- Eligible organizations must be located and/or operate within the territory of the MRC of Portneuf.
- For projects to be deemed territorial, they must either take place within the MRC of Portneuf or have their principal impact on its territory.
grant_eligibility_criteria|who_cannot_apply
The grant from the Fonds de la région de la Capitale-Nationale explicitly excludes specific types of companies and industries based on their main activities. These restrictions are meant to align the fund's investments with its strategic objectives and to avoid oversaturated sectors.
- Businesses involved with games of chance, esotericism, cartomancy, tarot, numerology, astrology, and personal growth.
- Pawn shops.
- Businesses operating multi-level (pyramid) sales schemes.
- Projects with military, discriminatory, sexual, religious, or political nature or those involving war games.
- Commercial representatives.
- Internet management companies.
- Real estate management and exploitation.
- Photocopying, faxing, and word processing services.
- Photography services.
- Animal boarding and grooming services.
- Graphic design and infographics services.
- Interior decoration services.
- Consultancy services.
- Professional corporations (members of professional orders).
- Additionally, certain other sectors such as private daycares, franchises, and others listed require deeper scrutiny and can be excluded by discretion of the MRC.
grant_eligibility_criteria|eligible_expenses
The grant covers expenses directly associated with the implementation, support, and success of projects within the specified criteria.
- Professional fees, consulting services, and studies.
- Startup costs and initial working capital necessary for the project implementation.
- Purchases of goods, equipment, and assets linked to the project.
- Capitalization for the establishment of investment funds dedicated to economic development.
- Renovation, expansion, rehabilitation, or construction work on non-residential buildings.
- Any MRC of Portneuf's expenses related to the administration and dissemination of the agreement, service offering, or mandate execution in connection with the intervention axes.
grant_eligibility_criteria|zone
This grant is focused on supporting projects within the MRC de Portneuf, implying that eligible geographical areas are confined to this specific region. Projects must either take place in or have a substantial impact on the territories encompassed by the MRC de Portneuf.
- MRC de Portneuf.
grant_single_labels|criteria
The evaluation and selection of projects for this grant are based on specific criteria to ensure alignment with the grant’s objectives and the strategic goals of the MRC de Portneuf.
- Link with defined axes within the investment policy.
- Alignment with the strategic planning of the MRC de Portneuf.
- Complementarity with financial programs of partners.
- Financial involvement and mobilization of the locality.
- Viability and financial autonomy of the project.
- Credible responses to all business model components: value proposition, market segments, distribution channels, customer relationships, key resources, key activities, key partners, revenue, and costs.
- Cohesion of the project and realism of financial arrangements.
- For structuring projects under axis 7, criteria include involved partners, roots in the community, territorial, regional, or sectoral consensus about the project, and diversity of funding sources.
- Financial and organizational capacity of the applicant to complete the project and achieve its objectives.
- Potential economic impacts such as maintenance and creation of direct or indirect jobs, investments generated, ripple effects, and positive impact on priority areas or sectors.
- Visibility and influence of the Portneuf region.
grant_single_labels|register
Here are the steps to submit an application for this grant:
- Step 1: Preliminary Consultation
- Meet with the Service de développement économique of the MRC to validate the eligibility of your project.
- The initial consultation does not guarantee any funding.
- Step 2: Application Preparation
- Complete the provided electronic application form.
- Prepare a detailed project description including objectives, deliverables, timelines, and budget.
- Gather the financial statements for the last three years of the business or organization involved, if applicable.
- Obtain letters of support or recommendations, if available.
- Describe the financial structure and prepare financial projections for the next three years, if applicable.
- Provide confirmation of partner funding, if applicable.
- Include a resolution from the board of directors authorizing the project submission.
- Attach any other documents required by the MRC.
- Step 3: Submission of Application
- Submit the complete application electronically through the MRC's specified process.
- Ensure all required documents are included and properly filled out.
grant_single_labels|otherInfo
Here are additional relevant details for this grant:
- The grant emphasizes projects with a regional or territorial impact that are concerted and mobilized at a regional or territorial level.
- Funding requires a partnership with non-governmental financial contributions which varies based on the type of applicant.
- Funds can be drawn on in collaboration with both private and public investors.
- The MRC of Portneuf manages and administers the policy and has a Service of Economic Development responsible for project proposals.
- Financial assistance types include non-repayable grants and repayable contributions, with specific maximum amounts allocated depending on the type of assistance.
- A project must submit to a diagnostic analysis process by MRC Portneuf's evaluation committee, which has the final decision on funding approval.
- The cumulative government funding must not exceed set thresholds based on organizational type.
- Acommittee comprising elected council members and MRC representatives will review and recommend applications.
- Monitoring and accountability in financial aid plans are provided through financial agreements and reporting requirements.
Apply to this program
Invest in the Development and Vitality of Portneuf
The Fonds de la région de la Capitale-Nationale (FRCN), introduced by the Quebec government in 2018, is designed to enhance the dynamism and growth of the Capitale-Nationale region, specifically targeting the MRC de Portneuf. This fund supports projects that align with strategic axes including entrepreneurship support, innovation encouragement, and regional development.
Unlocking Opportunities for Economic Growth in Portneuf
The Fonds de la région de la Capitale-Nationale (FRCN) is a strategic initiative aimed at bolstering the economic growth and regional development within the MRC de Portneuf. With an overarching goal to enhance the vitality and influence of the Capitale-Nationale region, this fund serves as an essential financial instrument for eligible organizations including private enterprises, cooperatives, and non-profit organizations duly registered in Quebec. The fund underscores the importance of projects that can deliver significant impacts across diverse territorial regions within Portneuf, demanding that initiatives either occur locally or produce primary effects in this area.
The FRCN is intentionally structured around seven strategic axes that guide funding decisions and project eligibility, ensuring alignment with regional and economic priorities. First, it calls for support of the entrepreneurial community through training, mentorship, and the promotion of business succession, thereby fostering an ecosystem conducive to new and existing ventures. It also champions innovation by bridging collaborations, supporting startups, and encouraging municipal advancements.
Furthermore, the Fund aims to enhance the competitiveness of businesses by supporting expansion initiatives, facilitating digital transitions, and promoting workforce attraction and retention. The integration of territorial development with economic projects stands central to its approach, with objectives set on sustaining industrial and commercial spaces, revitalizing existing hubs, and creating sustainable, innovative business environments.
In terms of sectoral focus, the FRCN targets strategic areas such as agriculture, agri-food transformation, heritage, manufacturing, robotics, IT, clean technologies, and tourism. By diversifying the regional economic fabric, it seeks to bolster sectors that are crucial to the local economy, support the inception and growth of businesses within these industries, and promote investment inflows.
Moreover, the fund encourages projects with regional significance—those that address recognized economic challenges with tangible outcomes benefiting large parts of the MRC. Such projects are viewed as essential to fostering regional consensus and collaboration. Projects must align with the deeply-rooted strategic plans of the MRC de Portneuf, and exhibit robust financial planning, backed by credible modeling and a diverse array of funding sources.
Enhancing regional visibility and investment influx is also a priority, with efforts directed towards attracting professional events and international collaborations. Ultimately, the fund not only provides financial assistance in the form of grants and repayable contributions but also demands a demonstration of potential economic impacts such as job creation, investment attraction, and increased economic activity.
With a stringent evaluation process, projects are thoroughly assessed based on innovation, feasibility, alignment with strategic goals, and potential economic benefits. Through this comprehensive support and funding mechanism, the FRCN serves as a pivotal force for achieving sustainable economic development, fostering a vibrant business environment, and ensuring Portneuf's position as an influential economic player within the Capitale-Nationale region.