SADC Shawinigan — SADC Fund
Shawinigan, QC, Canada
SADC Fund provides financial loans for business projects
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|fromMinToMax
grant_single|deadlines
- grant_single|openingDateSeptember 1, 2023
- grant_single|closingDateOctober 31, 2023
grant_single|financingType
Loans and Capital investments
grant_single|eligibleIndustries
- Retail trade
grant_single|grantors
- SADC Shawinigan
grant_single|status
grant_card_status|open
grant_single_labels|preview
The SADC Fund offers financial assistance in the form of loans, with a maximum funding amount of $150,000, which can go up to $300,000 under certain conditions. The program aims to support entrepreneurs in acquisition, succession, startup, and business growth projects, specifically operating within the Shawinigan territory.
grant_single_labels|terms_and_conditions
This grant provides financial support in the form of loans to entrepreneurs seeking to grow or initiate their business operations in Shawinigan. The available loan amounts are designed to accommodate various business project needs and conditions.
- Loan amounts ranging from $5,000 to $150,000, with potential for up to $300,000 under specific conditions.
- Accelerated processing available for existing businesses requesting $50,000 or less, typically within two weeks.
- Standard processing time of approximately one month for startup projects requesting more than $50,000.
grant_single_labels|projects
This fund provides financial assistance for projects focused on business acquisition, succession, startup, and growth within the Shawinigan area.
- Business acquisition projects aiming to take over existing businesses.
- Business succession planning and implementation initiatives.
- Startups launching new business ventures.
- Expansion projects for existing businesses seeking growth opportunities.
grant_single_labels|admissibility
Eligibility for this grant is determined by specific requirements related to the proposed business project and its operations.
- The project must be based in Shawinigan.
- The business must demonstrate long-term economic viability.
- The applicant must possess relevant knowledge and experience in the field of operation.
- The applicant must have approached a financial institution.
- The business must demonstrate the existence of a potential market.
grant_eligibility_criteria|zone
This grant is specifically targeted at businesses operating within the Shawinigan region. Applicants must ensure their business operations are situated in this area to qualify.
- Shawinigan
grant_single_labels|register
- Step 1: Review Documentation
- Download the printable version of the online application form to understand the required information.
- Gather all supporting materials listed in the application guide.
- Step 2: Ensure Eligibility
- Ensure that your business operations are located within Shawinigan.
- Contact an institution for financial advice or evidence of market potential, as required.
- Step 3: Complete Online Application
- Access the SADC website and navigate to the online funding application section.
- Carefully fill out the application form with all necessary details.
- Attach the required documents, such as business plans or financial statements.
- Step 4: Submit Application
- Verify all information for accuracy and completeness.
- Submit your application through the online portal provided by SADC.
- Step 5: Follow Up
- Contact SADC Shawinigan for any questions or further clarifications regarding your application status.
- Request an appointment if you wish for personal consultation.
grant_single_labels|otherInfo
Here are additional relevant details for this grant:
- Financial assistance ranges from $5,000 to $150,000, and under certain conditions can reach up to $300,000.
- For existing companies requesting $50,000 or less, accelerated processing may be available within two weeks under certain conditions.
- For startup projects requesting more than $50,000, the processing timeframe is generally one month.
- An online financing request form is available for applicants.
- Applicants are encouraged to visit SADC Shawinigan's office or take advantage of their availability for meetings outside normal business hours, if needed.
grant_single_labels|contact
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