RCM Vallée-Du-Richelieu — Creavenir

• The applicant must be an entrepreneur aged 18 to 39 years.
• The business project must be led by someone who does not qualify for traditional financing.
• The program is available to young entrepreneurs in the Vallée-du-Richelieu region.

Who is eligible?

• Young entrepreneurs aged 18 to 39

Who is not eligible

• Companies that do not qualify for traditional financing (Creavenir is specifically intended for businesses not eligible for conventional funding).

Eligible expenses

• Working capital requirements directly related to the realization of the business project for up to two years, based on justified and reasonable expenses.
• Capital expenditures strictly and directly connected to the project, including acquisition of technology, land, buildings, equipment, machinery, and vehicles, as well as construction, expansion, renovation, and the layout of land and premises.
• Professional fees related to preliminary activities such as feasibility studies, external audits, or impact assessments.
• Professional fees directly tied to project implementation, including integration of technology, equipment, and machinery, and costs associated with acquisition, construction, renovation, or improvement of land and premises.
• Costs for acquiring business ownership titles (voting shares or units) and business assets, as well as professional fees tied strictly to business transactions, acquisition, and management transition (for entrepreneurial succession projects).

Eligible geographic areas

• Businesses located on the territory of the MRC de La Vallée-du-Richelieu (MRCVR), Quebec

• The Créavenir program is specifically designed for young entrepreneurs aged 18 to 39 years old.
• It offers access to advisory services, mentoring, and financial tools, including a line of credit and a credit card.
• The program targets entrepreneurs who do not qualify for traditional financing channels.
• The initiative is a collaboration between Desjardins and the MRC de La Vallée-du-Richelieu.