SADC Maria-Chapdelaine — Regular Fund Loan
Overview
The Prêt Fonds Régulier offers tailored loans up to $150,000 to support various business projects, intended to meet diverse entrepreneurial needs. Eligible activities include operating a viable business or executing a viable project within the MRC de Maria-Chapdelaine that creates or maintains employment, in compliance with SADC policies and subject to additional criteria and a positive viability analysis.
At a glance
Funding available
- Improve employee retention
- Maximum amount : 150,000 $
- Minimum amount : 5,000 $
- Open Date : January 1, 2023
Eligible candidates
- All industries
- Maria-Chapdelaine
- Saguenay–Lac-Saint-Jean
- Quebec
- For-profit business
- Sole proprietorship
- Social economy enterprise
- Non-financial cooperative
- All revenue ranges
- All organization sizes
- Rural or Northern Residents
Eligibility
Eligibility for this grant is determined by specific criteria related to the location of business operation and the viability and impact of the project.
- The entrepreneur must operate or plan to operate a business in the MRC de Maria-Chapdelaine.
- The business must be viable or the project must demonstrate realistic prospects of viability.
- The project must create or maintain employment.
- The project must adhere to the policies of the SADC.
Eligible geographic areas
This funding opportunity is specifically available to businesses operated within a defined geographical area. This focus allows for fostering local economic development and job creation in the region.
- Companies operating or planning to operate within the Maria-Chapdelaine Regional County Municipality (MRC) in Quebec, Canada.
How to apply
Information search
- Visit the website or contact the SADC in your area for complete details of the "REGULAR FUND LOAN" program.
- Be aware of all eligibility criteria and requirements.
Preparation of the documentation
- Prepare a detailed business plan demonstrating the viability of your project.
- Gather financial documents such as financial statements, budget forecasts, and proof of job creation or maintenance.
- Check the compliance of your project with the SADC policies.
Initial contact
Submission of the application
- Fill out the application form provided by the SADC, if there is one.
- Submit all required documents directly to the physical or digital address of the SADC of the Maria-Chapdelaine MRC.
- Respect the submission deadlines indicated by the SADC.
Acknowledgment of receipt
Additional information
Here are additional relevant details for this grant:
- The loan is tailored to the specific needs of the business projects, indicating flexible terms based on project requirements.
- Funding decisions are contingent upon a positive analysis demonstrating project viability, suggesting an involved review process.
- The loan terms and restrictions may vary, implying careful review of the grant's terms and conditions is necessary.
