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SADC Lac-St-Jean Ouest — Loan The Developer - QC - Canada

SADC Lac-St-Jean Ouest — Loan The Developer

Last Update: June 22, 2025
QC, Canada
Financing available for business development and job growth

SADC Lac-St-Jean Ouest — Loan The Developer at a glance

Eligible Funding
  • Max. $300,000
  • Up to 2% of project cost
Timeline
  • Continuous Intakes
Financing Type
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 — Loan The Developer program

The SADC Lac-St-Jean Ouest Loan "The Developer" offers up to $150,000, aiming to support business development, innovation, and job creation within the Domaine-du-Roy area. It encourages diversification by providing favorable loan conditions for eligible enterprises engaged in growth projects.

Financing terms and conditions

  • Business loans available up to $150,000 (can reach $300,000 under certain conditions).
  • Loan term of up to 10 years.
  • Eligible for a capital payment deferral for the first 6 months.
  • Interest rate based on the Bank of Canada prime rate, plus 2%.
  • No collateral or personal guarantee required.

Eligible projects & activities

  • Business development projects supporting growth within the region.
  • Initiatives that contribute to job creation or retention in the Domaine-du-Roy area.
  • Projects promoting innovation and diversification in local enterprises.
Examples of admissible projects:

$ 9,000

Organize an annual film festival showcasing local filmmakers

$ 6,000

Develop an educational program on sustainable agriculture techniques

$ 7,500

Implement a new digital marketing strategy for local art

$ 5,000

Create a youth mentorship program in performing arts

$ 11,000

Launch a local food co-op to support sustainable farming

$ 10,000

Launch an online platform for Canadian artisan products

Eligibility criteria of the SADC Lac-St-Jean Ouest — Loan The Developer program

  • The business must be located in the MRC Domaine-du-Roy territory.
  • The company should be recognized as a leader in development within the region.
  • The business must demonstrate strong management capabilities and financial stability.
  • The project must contribute to job creation, maintenance, or development in the local area.
  • The project should support diversification, innovation, or growth in the region.

Who is eligible?

  • Businesses operating within the MRC Domaine-du-Roy territory
  • Companies recognized as leaders in development on the territory

Eligible geographic areas

  • Businesses located within the territory of the MRC Domaine-du-Roy.

Eligibility criteria of the SADC Lac-St-Jean Ouest — Loan The Developer program

  • Quality of business management.
  • Financial strength of the enterprise.
  • Significant contribution to job creation and maintenance in the region.
  • Support for diversification, innovation, and growth within the territory.

How to apply to the SADC Lac-St-Jean Ouest — Loan The Developer program

1
Initial request and eligibility verification
  • Contact SADC Lac-St-Jean Ouest to discuss your project and ensure that it aligns with the loan objectives.
  • Check your eligibility criteria with the information resources of the SADC.
2
Preparation of documents
  • Prepare a comprehensive business plan including financial projections and development goals.
  • Gather relevant supporting documents such as financial statements, management CVs, and a project timeline.
  • Ensure that all documentation complies with the submission guidelines of the CED.
3
Submission of the application
  • Submit your application file directly to SADC Lac-St-Jean Ouest using the designated method, whether online or by mail.
  • Include all required documents and forms according to the SADC checklist.
4
Review of the request and follow-up
  • Wait for feedback from SADC Lac-St-Jean Ouest regarding the status of your application.
  • Be prepared to provide additional information or clarification if requested by the evaluation committee.
5
Receive the loan and personalized support
  • After approval, accept the terms and conditions of the loan presented by the SADC.
  • Start receiving personalized assistance and follow-up from SADC professionals for the entire duration of the loan.

Additional information

  • Applicants receive personalized support and rigorous follow-up from SADC professionals throughout the loan period.
  • The loan is specifically intended for recognized business leaders on the territory who demonstrate strong management and financial stability.
  • This funding aims to encourage business diversification, innovation, and employment growth at a regional level.
Apply to this program

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