Réseau des SADC et CAE — Loans
QC, Canada
Loans for entrepreneurs in Quebec
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|closingDateJune 17, 2024
- grant_single|grantStatusClosed
grant_single|financingType
Loans and Capital investments
grant_single|eligibleIndustries
- grant_single|allIndustries
grant_single|grantors
- Réseau des SADC et CAE
grant_single|status
grant_card_status|closed
grant_single_labels|preview
Access loans for acquisitions, start-up, modernization, expansion, innovation, sustainable development, business succession and more.
grant_single_labels|terms_and_conditions
The Réseau des SADC et CAE Loans offer tailored financing options to support local economic development and business projects within Quebec. These financing modalities are designed to meet the specific needs of diverse local enterprises, fostering innovation and community empowerment.
- Loans are locally managed to address individual community needs, with income reinvested to promote regional growth.
- Specialized loans are available, crafted in response to local economic challenges.
- Financing terms include support for regional economic vitality and job creation.
grant_single_labels|projects
grant_single|admissibleProjectsExample
$ 68,000
Expansion of a community arts center
$ 120,000
Modernization of an organic farm
$ 96,000
Development of a sustainable food delivery service
$ 40,000
Business succession planning for a local bakery
$ 160,000
Start-up of a tech incubator focusing on AI innovations
$ 240,000
Creation of a renewable energy cooperative
grant_single_labels|admissibility
Eligibility for services offered by SADC and CAE is determined by certain criteria pertaining to the location and type of activities.
- The applicant must be located in Quebec, Canada.
- The project or business should contribute to local economic development.
- The applicant should be engaged in activities such as innovation, tourism, supporting women entrepreneurs, or sustainable development.
- The applicant may include youth entrepreneurship projects or business succession planning.
- Applicants seeking financing should focus on creating regional economic vitality and job creation.
- Youth Strategy Fund applicants must be between 18 and 39 years old.
grant_eligibility_criteria|who_can_apply
The SADCs and CAEs primarily focus on supporting local businesses and projects that contribute to the economic development of the regions of Quebec. They provide assistance to a wide range of beneficiaries, including women entrepreneurs, youth, Indigenous communities, and sectors like tourism, sustainability, and local downtown areas. To qualify for support, entities often need to align with the developmental goals of their respective communities and demonstrate a clear need for financial or technical assistance in overcoming local economic challenges.
grant_eligibility_criteria|eligible_expenses
The SADC and CAE network offers support across a broad range of projects focused on local economic development, sustainability, and community empowerment. Eligible projects encompass innovative solutions, tourism enhancement, support for women entrepreneurs, sustainable practices, and revitalization efforts.
- Support for local economic development projects and community empowerment initiatives.
- Implementation of innovative projects and integration of new technologies.
- Tourism promotion and support for tourism businesses and projects.
- Funding and support for women entrepreneurs and their business projects.
- Projects focusing on sustainable development and environmentally responsible practices.
- Initiatives to revitalize downtown areas and town cores.
- Growth-generating projects with Indigenous communities, including tourism and fishing industries.
- Projects promoting youth entrepreneurship and business succession.
- Technical assistance for business start-up, expansion, and transfer.
- Access to specialized funds and financing options, including youth strategy fund and specialized investment funds.
grant_eligibility_criteria|zone
This grant is available to companies operating in Quebec, as it is managed by the Réseau des SADC et CAE, a network committed to supporting economic development within this region.
- Businesses and projects located within the province of Quebec, Canada.
grant_single_labels|register
Here are the steps to submit an application for this grant:
- Step 1: Identify Local SADC or CAE
- Determine the SADC or CAE serving your area by consulting the official network map or directory.
- Contact the identified SADC or CAE for initial consultation and guidance regarding your business needs and project idea.
- Step 2: Initial Consultation
- Engage in a preliminary meeting with SADC or CAE representatives to discuss your project's alignment with regional economic development goals.
- Gather insights on specific requirements and expectations for your application.
- Step 3: Application Preparation
- Draft a detailed project proposal outlining objectives, implementation timeline, and projected outcomes.
- Compile necessary documentation, including business plans, financial forecasts, and any supporting research or analysis.
- Step 4: Review and Feedback
- Submit your draft application for review by your local SADC or CAE to receive feedback and suggested improvements.
- Revise your application based on the feedback provided to strengthen your case for funding.
- Step 5: Final Application Submission
- Ensure all sections of the application are complete and accurate.
- Submit the finalized application through the preferred method (e.g., online portal, email, or mail) as directed by your SADC or CAE.
- Step 6: Application Acknowledgment
- Receive confirmation of submission from your SADC or CAE.
- Keep a record of your submission confirmation for future reference and follow-up.
grant_single_labels|otherInfo
Here are additional relevant details for applicants seeking support from SADCs and CAEs:
- SADCs and CAEs provide not only financial support but also technical assistance to ensure project success.
- They offer guidance in key business areas such as marketing, human resources, management, and operations.
- Access to a vast network of specialists and expertise is available for applicants.
- SADCs and CAEs focus on various sectors, including women entrepreneurship, youth entrepreneurship, tourism, and sustainable development.
- There is an emphasis on innovative projects and the integration of new technologies within the community.
- Support is tailored to meet the specific needs and challenges of local communities within Quebec.
- Income generated from funds is reinvested into local projects, promoting continuous economic growth.
- Specific funds, like the Youth Strategy Fund and Specialized Investment Fund, target unique community needs and demographics.
- There is a strong partnership and collaboration aspect, with many projects involving community and regional stakeholders actively.
