Réseau des SADC et CAE — Business Start-Up and Expansion

Who is eligible?

• Start-ups
• Businesses seeking expansion
• Entrepreneurs looking to purchase a business
• Businesses involved in business transfers

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.

Eligible geographic areas

• Quebec

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

• Step 1: Initial Consultation
  • Contact your local SADC or CAE to discuss your start-up, business purchase, or expansion project.
  • Schedule a meeting with an advisor to assess your project's viability and specific needs.
• Step 2: Personalized Support and Guidance
  • Work closely with SADC or CAE professionals to access tailored advice and expertise.
  • Receive support in structuring your business plan and preparing your project.
  • Explore potential financing solutions and complementary services offered by the network.
• Step 3: Prepare Your Application
  • Gather required documents, such as your business plan, market research, and financial information.
  • Develop a detailed financing package in consultation with your advisor.
• Step 4: Submit Your Application
  • Present your application and supporting documents directly to your local SADC or CAE advisor.
  • Ensure all materials are complete as guided by your advisor.
• Step 5: Application Review and Follow-Up
  • Your application will be examined by SADC or CAE professionals for eligibility and feasibility.
  • Participate in follow-up discussions or provide additional information if requested.
• Step 6: Receive Decision and Ongoing Support
  • Receive confirmation of the funding decision from your SADC or CAE contact.
  • Benefit from personalized follow-up and continued advisory support for your business project.

• Professional advisors offer detailed market research and personalized guidance for your project.
• Access to a wide network of specialized resources and partners is provided.
• The program leverages over 40 years of experience supporting regional economic development.
• Businesses working with SADC or CAE reportedly show improved survival rates and job creation according to Statistics Canada studies.