Saint-Hyacinthe Technopole — MADE
Last Update: February 22, 2025
Saint-Hyacinthe, QC
Supports entrepreneurial start-ups with financial assistance
Saint-Hyacinthe Technopole — MADE at a glance
Eligible Funding
- Max. $10,000
Timeline
- Continuous Intakes
Financing Type
Grant and Funding
Eligible Industries
- Manufacturing
- Retail trade
- Other services (except public administration)
- Public administration
Grant Providers
- Saint-Hyacinthe Technopole
- MRC des Maskoutains
Status
Open
Overview of the Saint-Hyacinthe Technopole — MADE program
The Saint-Hyacinthe Technopole — MADE program provides grants of up to $10,000 to support local entrepreneurship by funding the creation or acquisition of a first or second business. Eligible activities include starting a new service, retail, or manufacturing enterprise and acquiring an existing company.
Financing terms and conditions
- Subsidies are available for startup businesses, excluding social economy enterprises.
- Funding limits are set at a maximum of $3,000 for service-based businesses.
- For retail businesses, the funding limit extends to a maximum of $6,000.
- Manufacturing or processing businesses are eligible for up to $10,000 in funding.
Eligible projects & activities
- Creation of a first or second business.
- Acquisition of an existing business.
Examples of admissible projects:
$ 120,000
Implementing a digital archive for historical documents
$ 90,000
Launching a sustainable organic farm producing local produce
$ 60,000
Opening a digital marketing agency supporting local businesses
$ 30,000
Developing a community arts program for at-risk youth
$ 150,000
Expanding a local craft brewery with eco-friendly practices
Eligibility criteria of the Saint-Hyacinthe Technopole — MADE program
- The applicant must be an entrepreneur aged 18 years and older.
- The applicant must be a Canadian citizen, an accepted immigrant, or a permanent resident.
- The applicant must possess relevant experience or training for the project, having at least a high school diploma or equivalent, and demonstrate sufficient management capacity.
- The applicant must work a minimum of 25 hours per week and not engage in other full-time activities.
- The applicant must not have received MADE assistance in the past five years.
- The project must obtain all necessary funding for the business start-up.
- The project must not compete with similar businesses if the market is insufficient.
- The applicant must not be in default of paying debts.
- The business's supply chain should be primarily based in Quebec.
Who is eligible?
Eligible individuals for the Saint-Hyacinthe Technopole MADE grant include those who are 18 years or older, Canadian citizens, immigrants with received status, or permanent residents. Applicants must demonstrate relevant experience or training, possess at least a high school diploma or equivalent, and illustrate sufficient management capability to execute their project. Additionally, they are required to work a minimum of 25 hours per week and must not be engaged in any other full-time activities. It is crucial that the potential recipient has not received the MADE grant within the past five years.
Who is not eligible
- Social economy enterprises.
Eligibility criteria of the Saint-Hyacinthe Technopole — MADE program
- The relevance and realism of the project, including its novelty and potential for job creation or retention.
- The applicant must demonstrate that all necessary financing has been obtained to start the business.
- The business must not compete with similar businesses unless the market is sufficiently large.
- The applicant must not be in default on any debts.
- The company must source the majority of its supplies from within Quebec.
How to apply to the Saint-Hyacinthe Technopole — MADE program
1
Verification of eligibility criteria
Confirm that you meet all eligibility requirements for the MADE grant, including the experience, status, and working conditions mentioned.
2
Drafting the startup project
- Develop a detailed plan for the project of creating or acquiring your business.
- Ensure that the project has an innovative character and potential for job creation or maintenance.
- Obtain all necessary funding to start the project.
3
Compilation of required documents
Gather all the required supporting documents, including your business plan, proof of financing, and possibly evidence of experience or training.
4
Submission of the request
- Contact Saint-Hyacinthe Technopole to learn about submission procedures (online, by mail, etc.).
- Submit the completed application along with all required documents.
5
Reception of the confirmation
Wait for the confirmation of receipt of your request by the administrative entity.
Additional information
- The grant does not cover social economy enterprises.