RCM de la Vallée-Du-Richelieu — Futurpreneur Canada

• The applicant must be a young entrepreneur between 18 and 39 years old who is starting a business.
• The applicant's business must be in its start-up phase.
• The applicant must seek both financing and mentorship support for business development.

Who is eligible?

• Young entrepreneurs aged 18 to 39 starting a business

Who is not eligible

• State-owned companies or enterprises controlled directly or indirectly by a government (municipal, provincial, or federal), a municipal entity, or a company that is mostly owned by a state-owned enterprise.
• Companies in a state of bankruptcy or insolvency.
• Organizations registered in the Register of Non-eligible Businesses for Public Contracts (RENA), or using the services of subcontractors listed therein.
• Companies that have failed to meet their obligations during a previous financial aid from the Quebec government or the MRC in the past two years.
• Companies committing ethical breaches or offering products or services likely to harm the integrity or probity of the government, even by association.

Eligible expenses

• Acquisition of technologies, land, buildings, equipment, machinery, and vehicles directly related to business projects.
• Construction, expansion, renovation, and outfitting of land and business premises directly connected to a project.
• Additional working capital required for project completion (for a maximum period of two years), based on justified and reasonable documented needs.
• Professional fees for preparatory activities such as feasibility analysis, external audits, and impact studies directly tied to the project.
• Professional fees strictly and directly related to the implementation of technologies, equipment, machinery, acquisitions, construction, renovations, and outfitting of land or premises for project realization.
• Expenses for acquisition of business ownership (voting shares or equity) and business assets in the context of business transfer projects.
• Professional fees directly linked to the transaction, acquisition, or transfer of business management during succession projects.

Eligible geographic areas

• Businesses operating within the territory of the Regional County Municipality (RCM) of La Vallée-du-Richelieu.

• Futurpreneur Canada provides access to a business mentor for up to two years, in addition to financial support and entrepreneurship resources.
• The organization has been supporting young Canadian entrepreneurs for over 20 years as the only national non-profit dedicated to this demographic.