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RCM Vallée-Du-Richelieu — Fonds d'appui à l'entrepreneuriat collectif (FAEC)
Supports social enterprise development through technical and financial assistance
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) provides financial and technical support, in the form of grants, to foster the development and consolidation of social economy enterprises in the Vallée-du-Richelieu region. This program supports innovative projects related to starting new social enterprises, launching eligible initiatives within existing organizations, and strengthening existing collective enterprises; the maximum grant amount is subject to annual budgetary approval by the MRC.
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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-profit
- Social economy enterprise
- Non-financial cooperative
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
- Launch of a new social economy enterprise within the territory.
- Implementation of an innovative collective entrepreneurship project within an existing eligible organization.
- Consolidation or strengthening of social economy enterprises operating in the region.
Eligibility
Who is eligible?
- New or existing social economy enterprises (collective entrepreneurship)
- Eligible non-profit organizations
- Promoter groups proposing innovative collective entrepreneurship projects
Who is not eligible
- Companies that are not part of the social economy or are not collective enterprises.
- Organizations not undertaking innovative projects responding to recognized and prioritized local needs.
Eligible expenses
- Acquisition of equipment, technologies, land, or buildings directly related to the project.
- Construction, expansion, renovation, or fit-out of premises and land.
- Purchase of machinery and vehicles necessary for the project.
- Additional working capital directly and reasonably required for project execution, for up to two years.
- Professional fees related to feasibility studies, external audits, impact studies, and preliminary activities essential to the project.
- Professional fees strictly and directly involved in the implementation of the project, such as technology, equipment, or machinery integration, as well as acquisition, construction, renovation, or arrangement of land and premises.
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
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) provides financial and technical support, in the form of grants, to foster the development and consolidation of social economy enterprises in the Vallée-du-Richelieu region. This program supports innovative projects related to starting new social enterprises, launching eligible initiatives within existing organizations, and strengthening existing collective enterprises; the maximum grant amount is subject to annual budgetary approval by the MRC.
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:
Project must support collective entrepreneurship.
Organizations or groups must operate within the MRCVR territory.
Applicable to new or existing social economy enterprises.
What expenses are eligible under RCM Vallée-Du-Richelieu — Fonds d'appui à l'entrepreneuriat collectif (FAEC)?
Launch of a new social economy enterprise within the territory.
Implementation of an innovative collective entrepreneurship project within an existing eligible organization.
Consolidation or strengthening of social economy enterprises operating in the region.
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 (MRCVR).
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