How much funding can be received?

There is no informations about how much funding can be received.

What is the deadline to apply?

The deadline to apply is not specified.

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

SADC Lac-St-Jean Ouest — Youth Strategy Fund is funded by SADC Lac-St-Jean Ouest

What are SADC Lac-St-Jean Ouest — Youth Strategy Fund's eligibility criterias?

Applicant must be aged 18 to 39 Applies to acquisition, startup, expansion, or modernization projects

SADC Lac-St-Jean Ouest — Youth Strategy Fund

Last Update: June 22, 2025

QC, Canada

Supports young entrepreneurs with loans and personalized guidance

SADC Lac-St-Jean Ouest — Youth Strategy Fund at a glance

Eligible Funding

No Condition

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 — Youth Strategy Fund program

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.

Eligible projects & activities

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 criteria of the SADC Lac-St-Jean Ouest — Youth Strategy Fund program

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 to the SADC Lac-St-Jean Ouest — Youth Strategy Fund program

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.

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.

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.

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.

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.