SADC Lac-St-Jean Ouest — Flexiprêt Fund
QC, Canada
Financial aid and support for part-time women entrepreneurs
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Loans and Capital investments
Expert Advice
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 Flexiprêt Fund by SADC Lac-St-Jean Ouest provides financial assistance of up to $25,000 per entrepreneur with a maximum of $50,000 per project to support women entrepreneurs in acquisition, succession, start-up, and business growth activities. This program offers advantageous interest rates, a two-year interest holiday, and tailored support to address the unique needs of part-time entrepreneurs.
grant_single_labels|terms_and_conditions
This grant provides a comprehensive financial solution for part-time women entrepreneurs, supporting various stages of business development. The funding terms are designed to offer significant financial assistance with flexible repayment options.
- A loan of up to $25,000 per entrepreneur is available.
- The total funding per project can reach a maximum of $50,000.
- There is a favorable interest rate associated with the loan.
- An interest-free period of 2 years is provided.
- The option for a 2-year capital repayment holiday is available.
- Bespoke advice and tailored training sessions are offered.
- Access to an extensive network of expertise is included.
grant_single_labels|projects
The Flexiprêt Fund offers financial assistance to part-time women entrepreneurs for various business-related endeavors. Eligible projects focus on crucial areas of business development and expansion.
- Business acquisition projects.
- Business succession plans.
- Business startup initiatives.
- Growth and development of existing enterprises.
grant_single_labels|admissibility
Eligibility for the Flexiprêt Fund is specifically tailored for part-time women entrepreneurs.
- The applicant must be a woman juggling other occupations such as employment or studies alongside her business venture.
- The applicant identifies as a "flexipreneure," a term indicating part-time entrepreneurial activity.
- The project must involve business acquisition, succession, startup, or growth.
grant_eligibility_criteria|who_can_apply
The SADC Lac-St-Jean Ouest — Flexiprêt Fund is designed specifically for women who are managing multiple roles, such as employment or studies, alongside their entrepreneurial projects. This program is targeted at part-time women entrepreneurs, referred to as 'flexipreneures,' to assist them in business acquisition, succession, startup, and growth endeavors.
grant_single_labels|register
Here are the steps to submit an application for this grant:
- Step 1: Initial Inquiry
- Contact the SADC Lac-St-Jean Ouest office to express interest in the Flexiprêt Fund.
- Request detailed information about application requirements and documentation needed.
- Step 2: Gather Necessary Documents
- Prepare a detailed business plan highlighting acquisition, succession, start-up, or growth objectives.
- Compile financial statements and projections demonstrating feasibility and need for funding.
- Collect any additional supporting documents as advised in the initial inquiry.
- Step 3: Complete Application Form
- Fill out the application form provided by SADC Lac-St-Jean Ouest, ensuring all sections are completed accurately.
- Double-check for completeness and accuracy.
- Step 4: Submit Application
- Submit the completed application form along with all required documents to the SADC Lac-St-Jean Ouest office.
- Ensure the submission is made before any specified deadlines.
- Step 5: Confirmation
- Receive confirmation of receipt from the SADC Lac-St-Jean Ouest office via email or phone.
- Keep the confirmation for your records as proof of submission.
Apply to this program
Empowering Part-Time Female Entrepreneurs through Financial Support
The SADC Lac-St-Jean Ouest Flexiprêt Fund provides valuable financial assistance tailored for women who balance entrepreneurship with other commitments. This program offers loans specifically designed to help part-time female entrepreneurs in acquiring, transferring, starting, and growing their businesses.
Detailed Overview of the Flexiprêt Fund and Its Benefits
The SADC Lac-St-Jean Ouest Flexiprêt Fund is a distinctive funding initiative aimed squarely at empowering women entrepreneurs who are engaged in part-time business ventures. The fund recognizes the unique challenges these women face, offering a comprehensive financial package to support the realization of their entrepreneurial goals. With an emphasis on acquisition, succession, start-up, and business growth, this funding initiative is perfectly aligned with the needs of "flexipreneures," a term crafted to describe these industrious women juggling multiple roles.
By offering loans up to $25,000 per entrepreneur, with a ceiling of $50,000 per project, the Flexiprêt Fund ensures that substantive financial barriers do not deter entrepreneurial aspirations. This financial instrument includes a favorable interest rate, paired with a generous two-year period of interest-free payments. Such favorable terms are rarely found in business lending and ensure that entrepreneurs can focus on strengthening their ventures without immediate financial pressure.
Moreover, the fund goes beyond merely providing financial support. It positions itself as a partner in the entrepreneur's journey by offering free, customized support services. These services include tailored advice, which respects and adapts to the unique circumstances of each entrepreneur, and personalized training sessions, including workshops and seminars that enhance business acumen and strategic capabilities.
Entrepreneurs also gain access to a vast network of expertise, which plays a crucial role in building a robust business foundation. This network comprises seasoned professionals and industry leaders who share invaluable insights and paving paths to potential collaborations and partnerships.
The Flexiprêt Fund, therefore, marries financial aid with developmental support, ensuring that women entrepreneurs not only have the resources to start and grow their businesses but also acquire the skills and networks necessary for sustained success. The dual emphasis on financial relief and strategic empowerment solidifies the role of this fund as a catalyst for positive change in the landscape of female entrepreneurship.
By participating in this esteemed funding program, female entrepreneurs are equipped with the requisite tools to navigate the challenges of running a business. It provides a tangible pathway for women to pursue their entrepreneurial dreams with confidence, amplifying their potential to innovate and contribute significantly to the local economy and beyond.
