SADC Lac-St-Jean Ouest — Flexiprêt Fund
Last Update: January 24, 2025
QC, Canada
Financial aid and support for part-time women entrepreneurs
SADC Lac-St-Jean Ouest — Flexiprêt Fund at a glance
Eligible Funding
- Max. $50,000
Timeline
- Continuous Intakes
Financing Type
Expert Advice
Loans and Capital investments
Eligible Industries
- All industries
Grant Providers
- SADC Lac-St-Jean Ouest
Status
Open
Overview of the SADC Lac-St-Jean Ouest — Flexiprêt Fund program
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.
Financing 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.
Eligible projects & activities
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.
Eligibility criteria of the SADC Lac-St-Jean Ouest — Flexiprêt Fund program
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.
Who is eligible?
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.
How to apply to the SADC Lac-St-Jean Ouest — Flexiprêt Fund program
1
Project Preparation
- Analyze the needs and objectives of your project to determine the use of funds.
- Gather relevant information about your business and your entrepreneurial activities.
2
Preparation of a request file
- Write a detailed description of your project, including the objectives, business plan, and expected impacts.
- Gather the required financial documents to demonstrate the viability of your business.
3
Consultation and support
- Contact the SADC Lac-St-Jean Ouest to take advantage of tailored support and advisory services.
- Participate in available training sessions and conferences to optimize your preparation.
4
Transmission of the request
Send your complete application file to the SADC Lac-St-Jean Ouest by the recommended means (mail, online, or in person if specified).
5
Follow-up on the request
- Wait for the confirmation of receipt of your request by the SADC.
- Prepare additional information if requested after the initial assessment.