Réseau des SADC et CAE — Business Start-Up and Expansion
QC, Canada
Personalized support for Quebec businesses
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|noCondition
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- grant_single|timelineUnspecified
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Expert Advice
grant_single|eligibleIndustries
- grant_single|allIndustries
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- Réseau des SADC et CAE
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grant_card_status|open
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Get support and assistance with business start-up, expansion, business transfer, sustainable development, web and e-commerce.
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This grant application is relevant for companies in Quebec, as it references the efforts and network of SADCs and CAEs specifically within this province. Entities interested in funding and support must be located within the geographic reach of these organizations.
- Businesses situated within the regions of Quebec.
grant_single|admissibleProjectsExample
$60,000
Developing an e-learning platform for high school students
$90,000
Setting up a zero-waste grocery store focusing on local products
$50,000
Launching a new organic cosmetics line with eco-friendly packaging
$75,000
Opening a co-working space focused on tech startups
$120,000
Establishing a farm-to-table restaurant featuring local produce
$85,000
Launching a renewable energy consultancy focusing on solar and wind projects
grant_single_labels|admissibility
Eligibility for this grant involves specific criteria related to the business stage and support from SADC or CAE.
- The applicant must be an individual or entity starting, purchasing, or expanding a business.
- The business must be located in Quebec.
- The applicant should be willing to engage with SADC or CAE for consulting and personalized follow-up.
- The applicant should be interested in obtaining financing and support services.
- Engagement in economic development activities within the region is encouraged.
grant_eligibility_criteria|who_can_apply
This grant is aimed at individuals looking to start or purchase a business, as well as current business owners seeking expansion opportunities. It is particularly focused on entrepreneurs within the Quebec region who could benefit from the expertise and support offered by SADC and CAE professionals. Businesses that partner with these organizations often demonstrate improved survival rates, job creation, and increased payroll and sales, suggesting an emphasis on supporting businesses with growth potential and strategic alignment with regional economic development objectives.
grant_eligibility_criteria|who_cannot_apply
There are certain types of companies that are not eligible for this grant:
- Companies involved in illegal or unethical activities
- Non-profit organizations
- Companies with less than one year of operation
grant_eligibility_criteria|eligible_expenses
Eligible projects for this grant focus on starting and expanding businesses to enhance economic development in Quebec. The initiatives aim to provide comprehensive support to entrepreneurs through financial assistance and strategic consultation.
- Starting a new business venture.
- Expanding an existing business to increase capacity or market reach.
- Purchasing an existing business for continued growth and innovation.
- Business transfers to ensure continuity and expansion.
- Accessing specialized resources for development and innovation.
grant_eligibility_criteria|zone
- Companies engaged in illegal activities
- Non-profit organizations
- Individuals not intending to start or expand a business
grant_single_labels|criteria
There are evaluation and selection criteria for this grant:
- Demonstrated need for financial support
- Viability and sustainability of the business project
- Contribution to regional economic development
- Evidence of sound business planning and management
- Potential for job creation and growth
grant_single_labels|register
- Step 1: Initial Consultation
- Contact your local SADC or CAE to discuss your business project.
- Schedule a consultation with a professional advisor to assess your needs and eligibility.
- Step 2: Prepare Documentation
- Gather all necessary documentation for your business case, including business plans and financial statements.
- Ensure that your business proposal aligns with the criteria of SADC or CAE support.
- Step 3: Develop a Business Plan
- Create a comprehensive business plan with guidance from your advisor if needed.
- Include key elements such as market research, financial forecasts, and strategic goals.
- Step 4: Submit Application
- Submit your completed application package to the SADC or CAE office.
- Ensure that all documentation is complete and submitted by the required deadline.
- Step 5: Follow-Up
- Await feedback from SADC or CAE regarding your application.
- Be prepared to provide additional information or clarification if requested.
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The SADC and CAE offer additional support features to facilitate business growth:
- Access to a vast network of partners, providing valuable connections and collaboration opportunities for business development.
- Benefit from over 40 years of experience in economic development tailored to the Quebec regions.
- Support from more than 400 professionals and 600 volunteers, dedicated to enhancing innovative projects and business success.
- Opportunity to join a community of 10,000+ businesses and local projects supported annually, fostering networking and shared learning experiences.
Apply to this program
Empower Your Business Start-Up and Expansion
This grant program offers comprehensive support to entrepreneurs looking to start, purchase, or expand their business ventures. By leveraging the expertise of SADC and CAE professionals, participants can access crucial financing, tailored guidance, and insightful market research to ensure sustainable growth and success.
Tailored Support for Business Success in Quebec
The business start-up and expansion grant offered through the SADC and CAE networks is a robust initiative aimed at fostering economic growth and innovation within Quebec's regional communities. With a network of 57 SADCs and 10 CAEs, this program has a wide-reaching impact, supporting over 10,000 businesses and local projects annually. For over 40 years, these organizations have dedicated themselves to nurturing innovative projects and assisting small businesses with the necessary resources to thrive in diverse economic climates.
Entrepreneurs seeking to either launch a new business or expand an existing one can benefit greatly from this program. The initiative stands out by offering both financial support and personalized mentoring, ensuring that businesses are not only funded but also guided ethically and strategically through their growth phases. Statistics Canada has noted that businesses aligning with SADC and CAE support exhibit higher survival rates and generate more employment, which in turn, accelerates their payroll and sales growth rates.
The grant program is particularly effective because it integrates a wide array of services tailored to address common entrepreneurial challenges. Beyond basic financial assistance, business owners can avail themselves of detailed market research, gain access to specialized resources, and become part of an extensive network of partners. This combination of services helps in crafting well-rounded financial packages and strategic plans that take into account both the immediate needs and long-term goals of a business.
Moreover, those interested in refining their entrepreneurial skills can participate in programs such as the 'Lancement d’entreprise' course, which provides a solid foundation for managing a business effectively. This continuous learning approach ensures that entrepreneurs remain adaptable and well-prepared to face an evolving market landscape.
The tailored support offered by SADC and CAE professionals is rooted in a deep understanding of the local economic and business environment. This local insight is crucial for identifying unique opportunities and navigating regional-specific challenges. The personalized approach ensures that registered businesses receive ongoing support and adjustment strategies tailored to their specific circumstances, further enhancing their probability of success.
In essence, the grant program not only facilitates immediate business needs but also contributes significantly to the sustained economic development of Quebec’s regions. Start-up businesses, as well as expanding companies, can derive immense value from the resources and expertise offered, leading to not just individual business success but also community-wide economic enhancement. Entrepreneurs interested in leveraging these opportunities are encouraged to connect with SADC and CAE advisors to embark on a journey of growth and transformation.