Closed
Source verified August 6, 2026
Promotion Saguenay — Jean-François and Patricia Foundation Entrepreneurial Fund
Entrepreneurial financing for Saguenay ventures
Offered by
Funding available
$ 8,000
Deadline
Closed
Location
Saguenay–Lac-Saint-Jean, Quebec, Canada
Who can apply
Canadian citizens or landed immigrants who are permanent residents of Quebec.
See full eligibility
Overview
Promotion Saguenay — Jean-François and Patricia Foundation Entrepreneurial Fund supports graduates of Cégep de Jonquière in starting, expanding, or buying a business in Saguenay-Lac-Saint-Jean. Eligible financing can reach $8,000 for one candidate or $16,000 when several graduates present the project.
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At a glance
Funding available
Financing goals
- Increase production or service capacity
- Increase operational productivity
- Complete an acquisition or business transfer
Eligible Funding
- Maximum amount : 8,000 $
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- Saguenay–Lac-Saint-Jean
- Quebec
Legal structures
- For-profit business
- Sole proprietorship
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Creation of a legally constituted business by the candidate.
- Purchase and/or succession of a business, including acquisition by assets or by shares.
- Expansion of a business involving financial investment and growth in revenue.
Documents Needed
- Business plan or business model canvas with financial projections for at least the first two years.
- For expansion, takeover, or succession projects: the financial statements for the last two years.
Eligibility
Who is eligible?
- Canadian citizens or landed immigrants who are permanent residents of Quebec.
- Graduates of Cégep de Jonquière.
Who is not eligible
- Non-profit organizations, cooperatives, and community organizations.
- Businesses or projects with a sexual, religious, or political character.
- Dating agencies, war games, tarot, numerology, astrology, and personal development courses.
- Bed-and-breakfasts, family inns, and similar lodging projects.
- Any other project deemed unsuitable by the selection committee or the board of directors.
Eligible expenses
- Capital expenditures such as land, building, equipment, machinery, rolling stock, business registration fees, and similar expenses, excluding goodwill expenses.
- Acquisition of technologies, software or software packages, patents, and similar expenses, excluding research and development activities.
- Working capital strictly related to the business's operations, calculated for the first year of operation.
Ineligible Costs and Activities
- Goodwill expenses.
- Research and development activities.
- Operating an organization, financing debt service, or repaying a loan.
Eligible geographic areas
- Saguenay-Lac-Saint-Jean
Selection criteria
- The state of competition is taken into account, but projects with little impact on competitive dynamics are not excluded.
How to apply
- Submit the required project documents according to the process determined by the board of directors of Fondation Jean-François & Patricia.
Processing and Agreement
- The candidate must sign a loan agreement with Fondation Jean-François & Patricia.
- If the borrower does not respect their obligations, the Foundation may use the necessary legal mechanisms to recover its investments.
Frequently Asked Questions about the Promotion Saguenay — Jean-François and Patricia Foundation Entrepreneurial Fund Program
What is the Promotion Saguenay — Jean-François and Patricia Foundation Entrepreneurial Fund?
Promotion Saguenay — Jean-François and Patricia Foundation Entrepreneurial Fund supports graduates of Cégep de Jonquière in starting, expanding, or buying a business in Saguenay-Lac-Saint-Jean. Eligible financing can reach $8,000 for one candidate or $16,000 when several graduates present the project.
How much funding can be received?
Promotion Saguenay — Jean-François and Patricia Foundation Entrepreneurial Fund Funds up to $8,000 of admissible expenses.
Who is eligible for the Promotion Saguenay — Jean-François and Patricia Foundation Entrepreneurial Fund program?
To be eligible for the Promotion Saguenay — Jean-François and Patricia Foundation Entrepreneurial Fund program, you must:
The applicant must be a Canadian citizen or landed immigrant and a permanent resident of Quebec.
The applicant must be a graduate of Cégep de Jonquière.
The applicant must own at least 25% of the business and invest a down payment at least equal to the Foundation's financial contribution.
What expenses are eligible under Promotion Saguenay — Jean-François and Patricia Foundation Entrepreneurial Fund?
Creation of a legally constituted business by the candidate.
Purchase and/or succession of a business, including acquisition by assets or by shares.
Expansion of a business involving financial investment and growth in revenue.
Where is the Promotion Saguenay — Jean-François and Patricia Foundation Entrepreneurial Fund available?
The Promotion Saguenay — Jean-François and Patricia Foundation Entrepreneurial Fund program is available Saguenay–Lac-Saint-Jean, Quebec.
Is the Promotion Saguenay — Jean-François and Patricia Foundation Entrepreneurial Fund a grant, loan, or tax credit?
Promotion Saguenay — Jean-François and Patricia Foundation Entrepreneurial Fund is a Grant and Funding
Who are the financial supporters of the Promotion Saguenay — Jean-François and Patricia Foundation Entrepreneurial Fund?
Promotion Saguenay — Jean-François and Patricia Foundation Entrepreneurial Fund is funded by Promotion Saguenay