SADC Lac-St-Jean Ouest — Tourist Loan
Last Update: July 22, 2025
QC, Canada
Offer supporting tourism business growth and diversification
SADC Lac-St-Jean Ouest — Tourist Loan 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
Grant Providers
- SADC Lac-St-Jean Ouest
Program status
Open
Overview of the SADC Lac-St-Jean Ouest — Tourist Loan program
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.
Eligible projects & activities
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 criteria of the SADC Lac-St-Jean Ouest — Tourist Loan program
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 to the SADC Lac-St-Jean Ouest — Tourist Loan program
1
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.
2
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.
3
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.
4
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
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