SADC Shawinigan — SADC Fund

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.

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.

Eligible geographic areas

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

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.