SADC Shawinigan — Flexiprêt for women
Shawinigan, QC, Canada
Loans for part-time women entrepreneurs in Shawinigan
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grant_single|eligibleFinancing
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- grant_single|openingDateJanuary 01, 2023
- grant_single|grantStatusClosed
grant_single|financingType
Loans and Capital investments
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- grant_single|allIndustries
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- SADC Shawinigan
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grant_card_status|open
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The Flexiprêt pour les femmes program offers financial assistance in the form of personal loans up to $25,000 to support part-time women entrepreneurs, known as flexipreneures, in their business acquisition, succession, startup, and growth projects. The program also includes free tailored support and activities to meet the specific needs of these entrepreneurs.
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This grant supports women entrepreneurs, referred to as flexipreneurs, in their part-time business activities. The funding is designed to aid in various stages of business development and operations.
- Business acquisition projects for flexipreneurs.
- Business succession planning and execution.
- Start-up of new part-time businesses by women.
- Business growth and expansion activities for part-time entrepreneurs.
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Eligibility for the Flexiprêt pour les femmes is determined by specific requirements related to the entrepreneur's profile and business operations.
- Propose a business project with operations conducted in Shawinigan.
- Be the majority owner of the business.
- Ensure the economic viability of the business.
- Demonstrate relevant knowledge and experience in the sector.
- Show the existence of a potential market.
- Demonstrate the ability to repay the loan.
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Women entrepreneurs (flexipreneurs) in Shawinigan seeking financial support for part-time entrepreneurial activities, such as acquisition, business succession, startup, and business growth projects.
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This grant is available exclusively to companies operating within specific regions as required by the funding terms. Businesses eligible for this grant must be located within designated areas.
- Shawinigan, Quebec.
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Here are the steps to submit an application for this Flexiprêt pour les femmes grant:
- Step 1: Review Eligibility & Requirements
- Ensure you meet the prerequisites such as location in Shawinigan, majority ownership, and economic viability.
- Assess your knowledge and experience in the relevant business domain.
- Confirm your ability to repay the loan.
- Step 2: Gather Necessary Documents
- Collect all required documents based on the checklist provided.
- Ensure you have proof of market potential and economic viability.
- Step 3: Access the Online Application
- Visit the SADC Shawinigan website and locate the online funding request section.
- Download a printable version of the application form if necessary to review.
- Step 4: Complete the Online Application Form
- Fill in all sections of the form with accurate details about your project.
- Upload all the required documents onto the application portal.
- Step 5: Submit the Application Form
- Review your application thoroughly to ensure all information is correct.
- Submit your completed application through the online portal.
- Step 6: Await Confirmation and Processing
- Wait for the processing of your application, which typically takes two weeks.
- Receive acknowledgment or additional instructions from SADC Shawinigan.
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Here are additional relevant details for this grant:
- The Flexiprêt for women includes both financial aid and free personalized support designed to address the specific needs of female entrepreneurs who are part-time business owners.
- Applicants can benefit from up to 24 months of a payment holiday from interest on the loan.
- The typical processing time for a complete application is approximately two weeks.
- Flexible meeting options are available, including scheduling outside regular office hours and on-site visits.
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819
Apply to this program
Empowering Women Entrepreneurs with Flexible Financial Support
The Flexiprêt pour les Femmes is a tailored financial aid program designed to support women entrepreneurs, known as flexipreneures, in Shawinigan. Offering up to $25,000 in interest-free loans for 24 months, this initiative not only funds women-led business ventures but also provides bespoke guidance and resources to ensure their sustainable growth and success.
Understanding the Flexiprêt pour les Femmes Grant and Its Empowering Role
The Flexiprêt pour les Femmes grant is a pivotal initiative by SADC Shawinigan aimed at fostering the growth of businesses led by women who engage in entrepreneurship alongside other professional or personal commitments. As flexible entrepreneurs or flexipreneures, these women balance business operations with part-time or seasonal commitments, making this program essential for empowering their unique entrepreneurial endeavors.
This grant targets women who are the primary owners of their businesses, which operate within Shawinigan. By focusing on the economic viability and demonstrated potential of proposed projects, the grant ensures that funds are allocated to initiatives with a strong likelihood of success and sustainable impact. Eligible projects can span across various stages including acquisition, business succession, startup, and expansion, each designed to align with personal and economic growth objectives.
By offering up to $25,000 in funding, the Flexiprêt provides vital capital under favorable conditions, such as a 24-month interest-free loan, allowing flexipreneures to invest in business growth without the immediate financial pressures typically associated with loans. This structure significantly reduces upfront costs, enabling women entrepreneurs to focus on developing their business strategies and achieving key milestones.
Complementing the financial support, the grant also offers personalized guidance and resources tailored to address the specific challenges faced by women in business. This includes free coaching, mentorship, and access to professional networks and resources designed to enhance the operational efficiency and strategic planning of businesses. Such support not only aids in navigating the complexities of entrepreneurship but also empowers women to make informed decisions that drive business longevity and success.
The Flexiprêt pour les Femmes holds particular significance in Shawinigan's economic landscape by bolstering local entrepreneurship and encouraging diversity within the business community. Through fostering inclusive economic growth, the initiative contributes significantly to the development of a resilient and burgeoning local economy where businesses spearheaded by women can thrive alongside traditional enterprises.
Ultimately, the Flexiprêt pour les Femmes stands as more than just a financial gateway; it is a catalyst for empowering women in Shawinigan to transform their business ideas into tangible, impactful initiatives. By investing in the ambitions and potential of women entrepreneurs, the grant not only promotes economic equality but also nurtures an environment where innovative business leaders can emerge and contribute positively to both local and broader economic contexts.
