SDE Thetford — Local Investment Fund (LIF)

• Financial assistance in the form of a loan up to $150,000 over a period of 12 months.
• A maximum total of $300,000 in loans per company.
• For for-profit enterprises, funding covers up to 50% of eligible expenses; for social economy enterprises, up to 80%.

• The business must operate within the MRC des Appalaches region.
• Eligible for both for-profit enterprises and social economy enterprises.
• The project must align with the investment policy orientations of the MRC des Appalaches.
• Projects may involve business start-up, productivity improvement, digital transformation, sustainable organizational practices, business growth or expansion, or business succession.

Who is eligible?

• For-profit businesses in all sectors, except certain excluded activities
• Social economy enterprises

Who is not eligible

• Certain activities not aligned with the investment policy of the MRC des Appalaches are excluded (specific sectors not specified in the provided information).

Eligible expenses

• Working capital requirements (up to 24 months for certain projects)
• Capital directly related to the project
• Professional fees incurred prior to or during the project
• Expenses related to business acquisition

Eligible geographic areas

• Businesses located in the region of Thetford (MRC des Appalaches), Quebec.

• The SDE region de Thetford offers free guidance and professional support throughout the grant application process.
• Mentorship and coaching services are available to entrepreneurs for business planning and strategic development.
• Technical support is provided alongside financial assistance to help applicants succeed in their business ventures.
• The SDE collaborates with a network of local and regional partners to facilitate business growth and integration into the local economy.