Réseau des SADC et CAE — Loans

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.

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.

Who is eligible?

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.

Eligible geographic areas

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.

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.