SADC Lac-St-Jean Ouest — Tourist Loan

Q: How much funding can be received?

SADC Lac-St-Jean Ouest — Tourist Loan Funds up to 50000% of admissible expenses.

Q: What is the deadline to apply?

The program is accepting continuous intake

Q: Is the SADC Lac-St-Jean Ouest — Tourist Loan a grant, loan, or tax credit?

SADC Lac-St-Jean Ouest — Tourist Loan is a Loans and Capital investments

Q: Who are the financial supporters of the SADC Lac-St-Jean Ouest — Tourist Loan?

SADC Lac-St-Jean Ouest — Tourist Loan is funded by SADC Lac-St-Jean Ouest

Q: Who is eligible for the SADC Lac-St-Jean Ouest — Tourist Loan program?

To be eligible for the SADC Lac-St-Jean Ouest — Tourist Loan program, you must: • The applicant must be located within the territory of Lac-St-Jean Ouest. • The applicant must be a company seeking to develop their tourism service offerings.

Q: Who can I contact for more information about the SADC Lac-St-Jean Ouest — Tourist Loan?

You can contact SADC Lac-St-Jean Ouest.

Q: Where is the SADC Lac-St-Jean Ouest — Tourist Loan available?

The SADC Lac-St-Jean Ouest — Tourist Loan program is available the province of Quebec.

Last Update: July 22, 2025

QC, Canada

Offer supporting tourism business growth and diversification

At a glance

Eligible Funding

Max. $50,000

Timeline

Unspecified

Financing Type

Loans and Capital investments

Eligible Industries

Arts, entertainment and recreation
Accommodation and food services

Funds Providers

SADC Lac-St-Jean Ouest

Program status

Open

Overview

The SADC Lac-St-Jean Ouest Tourist Loan offers funding up to $50,000 to support businesses in enhancing and diversifying their tourism services. Eligible activities include improving customer experience and investing in tangible or intangible assets.

Financing terms and conditions

The SADC Lac-St-Jean Ouest Tourist Loan provides favorable financing terms designed to propel tourism-related projects within the Domaine-du-Roy area. This financial product aims to enhance service offerings and improve customer experiences through strategic investments.

Maximum loan amount of $50,000.
Interest rate based on the Bank of Canada's prime rate, adjusted by 0%.
Loan term of up to 5 years.
Option for a capital repayment moratorium for the first 3 months.
Personalized support and rigorous follow-up from SADC professionals throughout the loan duration.

Activities funded

This grant supports activities aimed at enhancing the tourism sector through infrastructure improvements and service diversification. The eligible projects are designed to elevate customer experience and foster the growth of tourism services.

Projects focused on tangible or intangible capital improvements.
Initiatives aimed at service enhancement and innovation.

Examples of admissible projects:

$ 60,000

Launch of a digital education platform for seniors

$ 75,000

Development of an eco-friendly product packaging line

$ 25,000

Establishment of a community arts workshop series

$ 15,000

Creation of urban community gardens to enhance food security

$ 120,000

Implementation of renewable energy systems in rural areas

Eligibility

Eligibility for this grant is aimed at companies within the specified territory that focus on enhancing the tourism sector.

The applicant must be located in the Domaine-du-Roy area and actively involved in the tourism industry.
The business should aim to develop its service offering or invest in projects that enhance customer experience or diversify services.

Who is eligible?

The SADC Lac-St-Jean Ouest Tourist Loan is designed for businesses located within the Domaine-du-Roy territory that aim to develop their tourism-related services. The loan supports projects focusing on tangible or intangible capital investments, improvements, and innovation in the tourism sector.

Eligible expenses

The eligible expenses for this loan revolve around enhancing the customer experience and diversifying the service offerings.

Improvements aimed at enhancing customer experience.
Investment in diversification of service offerings.

Eligible geographic areas

This funding opportunity is specifically targeted at entities located within certain territories. It aims to enhance tourism-related projects in alignment with regional economic strategies.

Companies situated in the Domaine-du-Roy territory.

How to apply

Initial contact

Contact the SADC Lac-St-Jean Ouest to discuss your project and verify your eligibility for the "Touristic" loan.
Get advice on the documents required to prepare your application.

Preparation of the documentation

Draft a business plan including a detailed description of your tourism project and financial forecasts.
Compile financial documents such as financial statements and the projected budget.
Prepare any other documents requested by the CEDC to support your application.

Submission of the request

Send your completed application, including all required documents, to SADC Lac-St-Jean Ouest, by electronic means or by mail, according to the organization's preferences.

Follow-up of the request

Receive a confirmation of receipt of your request and your reference number.
Make periodic follow-ups with the SADC to obtain updates on the status of your request.

Additional information

Additional relevant information for the SADC Lac-St-Jean Ouest Tourist Loan includes:

Personalized assistance and rigorous follow-up are provided by SADC professionals throughout the loan duration, ensuring continuous support.
The loan offers a maximum duration of 5 years, providing flexibility for repayment planning.

Apply to this program

Frequently Asked Questions about the SADC Lac-St-Jean Ouest — Tourist Loan Program

Here are answers to the most common questions about the SADC Lac-St-Jean Ouest — Tourist Loan. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.