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SADC Lac-St-Jean Ouest — Youth Strategy Fund - QC - Canada

SADC Lac-St-Jean Ouest — Youth Strategy Fund

Last Update: July 22, 2025
QC, Canada
Supports young entrepreneurs with loans and personalized guidance

At a glance

Eligible Funding
  • No Condition
Timeline
  • Unspecified
Financing Type
Loans and Capital investments
Eligible Industries
  • All industries
Funds Providers
SADC Lac-St-Jean Ouest
Program status
Open

Overview

The SADC Lac-St-Jean Ouest — Youth Strategy Fund offers a maximum funding amount of $25,000 to individuals aged 18 to 39. It is designed to encourage the acquisition, startup, expansion, or modernization of businesses by young entrepreneurs.

Financing terms and conditions

  • Loan amount up to $25,000 per individual aged 18 to 39.
  • Maximum financing of $50,000 per project for certain flexible funds.
  • Loans for business acquisition, growth, or modernization up to $150,000, exceptionally up to $300,000 in some cases.
  • Specialized loans for tourism and digital transformation projects up to $50,000 and $25,000 respectively.
  • Interest-free period of up to 2 years and principal repayment grace period may apply depending on the loan type.

Activities funded

  • Starting or expanding a business led by youth aged 18 to 39.
  • Acquiring or modernizing a business or business assets.
  • Developing innovative business projects that promote diversification and growth.
  • Implementing or expanding digital technologies within a business.
  • Supporting the entrepreneurial engagement and employability of young individuals.
Examples of admissible projects:
$ 150,000
Develop an eco-friendly waste management system
$ 110,000
Upgrade agri-tech solutions for sustainable farming practices
$ 85,000
Launch an indigenous cultural arts education program
$ 110,000
Implement a digital platform for local artisans
$ 65,000
Develop inclusive community outreach for mental health
$ 200,000
Establish a renewable energy cooperative

Eligibility

  • The applicant must be an individual aged 18 to 39 wishing to start, acquire, expand, or modernize a business.
  • The business or project must be located within the territory of the MRC Domaine-du-Roy.
  • The applicant can be one of two young entrepreneurs applying for funding for the same project.

Who is eligible?

  • Existing or new businesses within the MRC Domaine-du-Roy territory
  • Companies with projects related to acquisition, modernization, start-up, or relocation
  • Enterprises over 3 years old seeking to acquire equipment, buildings, or rolling stock
  • Women entrepreneurs operating part-time businesses (Flexipreneures)
  • Youth entrepreneurs aged 18 to 39

Eligible expenses

  • Acquisition of equipment, materials, buildings, or rolling stock.
  • Tangible and intangible capital expenditures linked to improving the customer experience and diversifying service offerings in the tourism sector.
  • Expenses related to adopting digital tools or practices, such as digital technology integration and cybersecurity solutions.
  • Investments supporting energy efficiency, waste management, or greenhouse gas (GHG) emission reduction.
  • Costs associated with business acquisition, succession, or transfer, including purchase of business shares.

Eligible geographic areas

  • Businesses located in the MRC Domaine-du-Roy territory, Lac-St-Jean Ouest region, Quebec.

How to apply

1

Project Identification

  • Analyze the needs of your business to determine if the Youth Strategy Fund meets your expectations.
  • Confirm that your project meets the funding criteria.
2

Contact with the SADC

  • Contact the SADC Lac-St-Jean Ouest to discuss your project and verify your eligibility.
  • Receive advice on preparing your application file.
3

Preparation of the documentation

  • Compile the necessary documents to submit your application, such as the business plan and financial statements.
  • Draft a strong proposal detailing your funding needs and the objectives sought.
4

Submission of the request

  • Submit your complete file to the SADC Lac-St-Jean Ouest by the means specified during your initial contact.
  • Ensure that all required documentation is included and complete.
5

Follow-up on the request

  • Receive a notification regarding the status of your application and any additional information that may be required.
  • Be prepared to provide further explanations if requested.

Additional information

  • Personalized professional support and ongoing business guidance are provided for the duration of the loan.
  • Some programs offer tailored training sessions, networking opportunities, and access to a wide range of business expertise.
  • Specific loan products allow joint applications by two eligible individuals for the same project.
  • Programs may include interest or principal repayment holidays, enhancing flexibility in early-stage project development.
Apply to this program

Frequently Asked Questions about the SADC Lac-St-Jean Ouest — Youth Strategy Fund Program

Here are answers to the most common questions about the SADC Lac-St-Jean Ouest — Youth Strategy Fund. 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.

What is the SADC Lac-St-Jean Ouest — Youth Strategy Fund?

How much funding can be received?

What expenses are eligible under SADC Lac-St-Jean Ouest — Youth Strategy Fund?

What is the deadline to apply?

Is the SADC Lac-St-Jean Ouest — Youth Strategy Fund a grant, loan, or tax credit?

Who are the financial supporters of the SADC Lac-St-Jean Ouest — Youth Strategy Fund?

Who is eligible for the SADC Lac-St-Jean Ouest — Youth Strategy Fund program?

Who can I contact for more information about the SADC Lac-St-Jean Ouest — Youth Strategy Fund?

Where is the SADC Lac-St-Jean Ouest — Youth Strategy Fund available?

Are youth (under 40) eligible for the SADC Lac-St-Jean Ouest — Youth Strategy Fund program?

Apply to this program

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