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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
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
Here are answers to the most common questions about the RCM Vallée-Du-Richelieu — Fonds d'appui à l'entrepreneuriat collectif (FAEC). This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
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