SADC Lac-St-Jean Ouest — Digital Strategy Fund
grant_single|update January 24, 2025
QC, Canada
Financial support for digital transition and process modernization
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Loans and Capital investments
grant_single|eligibleIndustries
- grant_single|allIndustries
grant_single|grantors
- SADC Lac-St-Jean Ouest
grant_single|status
grant_card_status|open
grant_single_labels|preview
The SADC Lac-St-Jean Ouest — Digital Strategy Fund offers up to $50,000 in funding to help SMEs accelerate their digital transition by modernizing processes such as system implementation, automation, and IT security. The program is designed to support regional businesses in enhancing their competitiveness through technological advancements.
grant_single_labels|terms_and_conditions
The Digital Strategy Fund offers tailored financing modalities designed to support small and medium enterprises (SMEs) in accelerating their digital transition. The fund provides flexible financial options to facilitate the modernization of business operations in various aspects such as management systems and cybersecurity.
- Loan amounts up to $50,000.
- Interest-free period for the first two years.
- Principal moratorium for the initial three months, with the possibility of extension up to two years.
- Competitive interest rates.
- Maximum amortization period of 7 years.
grant_single_labels|projects
The Digital Strategy Fund encourages the modernization of small and medium-sized enterprises through targeted digital enhancements. Eligible projects are those that aim to upgrade technology and improve operational efficiency.
- Implementation of management systems.
- Automation of business processes.
- Enhancement of cybersecurity measures.
grant_single|admissibleProjectsExample
$ 60,000
Sustainable packaging solutions for local food businesses
$ 70,000
Launching a new art incubator space for youth
$ 45,000
Implementation of an online financial literacy program
$ 100,000
Developing a mobile app for mental health support
$ 85,000
Enhancing remote learning for Indigenous students
grant_single_labels|admissibility
Eligibility for the SADC Lac-St-Jean Ouest — Digital Strategy Fund is determined by specific conditions related to the company's profile and intended digital projects.
- Projects must aim at improving efficiency or profitability through the adoption of digital tools or practices.
- Projects can focus on growing revenue, such as through e-commerce or digital marketing.
- Initiatives related to cybersecurity or other digital transformations enhancing growth or efficiency are eligible.
grant_eligibility_criteria|who_can_apply
The grant is aimed at small and medium-sized enterprises (SMEs) located in regional areas wishing to modernize their processes through digital transformation. This includes adopting management systems, automation, and improving IT security.
grant_eligibility_criteria|eligible_expenses
The eligible expenses for the Digital Strategy Fund are focused on enhancing and modernizing business processes.
- Implementation of management systems.
- Automation of business operations.
- Information security improvements.
grant_eligibility_criteria|zone
This grant is primarily intended for companies in specific localities where regional development is a priority. The focus on these areas aims to enhance the digital capabilities of businesses within them.
- SADC Lac-St-Jean Ouest region.
grant_single_labels|apply
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