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RCM Vallée-Du-Richelieu — Fonds d'appui à l'entrepreneuriat collectif (FAEC)
Supports collective entrepreneurship in the Vallée-du-Richelieu
Last Update: March 3, 2026
Funding available
$ 10,000
Timeline
- Open continuously
Location
Montérégie, Quebec, Canada
Overview
The Fonds d'appui à l'entrepreneuriat collectif (FAEC) offers non-repayable financial support to help develop social economy enterprises in the Vallée-du-Richelieu region. It supports innovative projects for start-up, implementation within an existing eligible collective enterprise, and consolidation, with a maximum grant of $10,000.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Increase social or community impact
- Improve governance or administrative structure
Eligible Funding
- Maximum amount : 10,000 $
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- Other services (except public administration)
- Public administration
Location
- La Vallée-du-Richelieu
- Montérégie
- Quebec
Legal structures
- Financial cooperative
- Non-financial cooperative
- Social economy enterprise
- Non-profit
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Youth (<40)
- Startups
Non-profit candidates
Sector of operation
- All industries
Target groups
- All the groups
Revenue structures
- All structures
Scope
- All dimensions
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Start-up of a new social economy enterprise.
- Implementation of a similar project within an existing eligible enterprise.
- Consolidation of collective enterprises.
Documents Needed
- Completed application form
- Business plan, if available
- Letters patent
- General by-laws
- Recent verified financial statements
Eligibility
Who is eligible?
- Cooperatives
- Non-profit organizations with commercial activities
Who is not eligible
- Private companies
- Financial cooperatives
- Businesses listed in the public contracts ineligibility register
- Applicants in default on a previous financial assistance obligation
Eligible expenses
- Salaries and wages for staff, interns, and related employees assigned to the project.
- Professional fees and other project-related expert services.
- Equipment, machinery, vehicles, incorporation fees, and similar capital expenses.
- Technology, software, and patent acquisition costs.
- Other costs directly linked to project development and delivery.
Ineligible Costs and Activities
- Costs linked to day-to-day business operations.
- Relocation expenses outside the local municipality without municipal consent.
- Projects in retail or restaurant sectors, except for local service offerings.
- Loans, loan guarantees, and equity investments.
Eligible geographic areas
- Beloeil
- Carignan
- Chambly
- McMasterville
- Mont-Saint-Hilaire
- Otterburn Park
- Saint-Antoine-sur-Richelieu
- Saint-Basile-le-Grand
- Saint-Charles-sur-Richelieu
- Saint-Denis-sur-Richelieu
- Saint-Jean-Baptiste
- Saint-Marc-sur-Richelieu
- Saint-Mathieu-de-Beloeil
Selection criteria
- Alignment with MRCVR plans and priorities.
- Project feasibility and realism.
- Expected socioeconomic impact, especially on jobs.
- Promoter capacity to carry out the project.
- Mission, governance, local anchoring, market, operations, human resources, sustainable development, and financial viability.
How to apply
- Step 1: Get support
- Meet with the MRCVR resource person for social economy enterprises.
- Step 2: Complete the form
- Fill out the FAEC application form.
- Step 3: Submit the file
- Send the completed form with the required documents.
- Step 4: Present the project
- Be available to present the project to the Investment Committee and answer questions.
- Step 5: Council decision
- The file is then submitted to the MRCVR Council for adoption.
Processing and Agreement
- Applications are reviewed by the Investment Committee.
- An evaluation grid is prepared based on the analysis criteria.
- The committee makes recommendations to the MRCVR Council.
- The Council approves or رفضs the funding and the amount awarded.
Additional information
- The annual budget for the program is determined each year by the MRCVR Council.
- Recipients benefit from both financial assistance and technical support provided by the MRCVR team.
- Accompaniment is available to help applicants develop their project, business plan, and search for financing.
- Priority is given to innovative projects that respond to recognized community needs.
Frequently Asked Questions about the RCM Vallée-Du-Richelieu — Fonds d'appui à l'entrepreneuriat collectif (FAEC) Program
What is the RCM Vallée-Du-Richelieu — Fonds d'appui à l'entrepreneuriat collectif (FAEC)?
The Fonds d'appui à l'entrepreneuriat collectif (FAEC) offers non-repayable financial support to help develop social economy enterprises in the Vallée-du-Richelieu region. It supports innovative projects for start-up, implementation within an existing eligible collective enterprise, and consolidation, with a maximum grant of $10,000.
How much funding can be received?
RCM Vallée-Du-Richelieu — Fonds d'appui à l'entrepreneuriat collectif (FAEC) Funds up to $10,000 of admissible expenses.
Who is eligible for the RCM Vallée-Du-Richelieu — Fonds d'appui à l'entrepreneuriat collectif (FAEC) program?
To be eligible for the RCM Vallée-Du-Richelieu — Fonds d'appui à l'entrepreneuriat collectif (FAEC) program, you must:
Cooperatives or commercial NPOs
Innovative social economy projects
Located in MRCVR
What expenses are eligible under RCM Vallée-Du-Richelieu — Fonds d'appui à l'entrepreneuriat collectif (FAEC)?
Start-up of a new social economy enterprise.
Implementation of a similar project within an existing eligible enterprise.
Consolidation of collective enterprises.
Who can I contact for more information about the RCM Vallée-Du-Richelieu — Fonds d'appui à l'entrepreneuriat collectif (FAEC)?
You can contact RCM Vallée-Du-Richelieu.
Where is the RCM Vallée-Du-Richelieu — Fonds d'appui à l'entrepreneuriat collectif (FAEC) available?
The RCM Vallée-Du-Richelieu — Fonds d'appui à l'entrepreneuriat collectif (FAEC) program is available Montérégie, Quebec.
Is the RCM Vallée-Du-Richelieu — Fonds d'appui à l'entrepreneuriat collectif (FAEC) a grant, loan, or tax credit?
RCM Vallée-Du-Richelieu — Fonds d'appui à l'entrepreneuriat collectif (FAEC) is a Grant and Funding