How much funding can be received?

Funds up to 50% of admissible expenses, capped at $20000 per project.

What is the deadline to apply?

The deadline to apply is not specified.

Who are the financial supporters of the Ville de Shawinigan — Incentive Program for Commercial Spaces?

Ville de Shawinigan — Incentive Program for Commercial Spaces is funded by Ville de Shawinigan

What are Ville de Shawinigan — Incentive Program for Commercial Spaces's eligibility criterias?

Must be a retail business or proximity service located in the targeted zones of Shawinigan. Must occupy a commercial space for at least 30 days before application. Must hold a lease of at least three years if a tenant.

Ville de Shawinigan — Incentive Program for Commercial Spaces

Last Update: January 24, 2025

Shawinigan, QC

Commercial Spaces Incentive Program for revitalization and optimization

Ville de Shawinigan — Incentive Program for Commercial Spaces at a glance

Eligible Funding

Max. $20,000
Up to 50% of project cost

Timeline

Open Date : January 1, 2023

Financing Type

Grant and Funding

Eligible Industries

Retail trade
Other services (except public administration)
Public administration

Grant Providers

Ville de Shawinigan

Status

Open

Overview of the Ville de Shawinigan — Incentive Program for Commercial Spaces program

The Programme incitatif pour espaces commerciaux is designed to encourage the revitalization and optimization of the commercial mix in specific sectors of Shawinigan, offering non-repayable financial support for high-impact retail space improvements. Maximum funding is set at 50% of eligible project costs, up to $10,000 for existing businesses, and up to $20,000 for new businesses.

Financing terms and conditions

This grant provides direct financial support through non-repayable contributions for commercial space improvement projects in designated areas of Shawinigan. The funding modalities are structured to maximize impact and accountability.

Non-repayable financial contribution specifically for locational improvement projects.
Coverage of up to 50% of eligible project costs, with a cap of $10,000 for existing businesses, and $20,000 for new businesses.
Disbursements made following the signing of a grant agreement and satisfactory verification of all related documentation.

Eligible projects & activities

The Incentive Program for Commercial Spaces offers financial support for projects aimed at enhancing retail and service businesses within prioritized areas, focusing on impactful leasehold improvements.

High-impact leasehold improvement projects within designated commercial areas.

Eligibility criteria of the Ville de Shawinigan — Incentive Program for Commercial Spaces program

Eligibility for this grant requires companies to meet specific criteria related to their location, operations, and impact on the local commercial mix.

The company must be a retail business or a proximity service enterprise located within the targeted areas of Shawinigan.
The company must have been occupying a commercial space within the targeted area for at least 30 days.
The business must be complementary to the commercial mix of the sector.
For tenants, a lease of at least three years' duration must be signed.
The business must operate in compliance with local municipal regulations.
All municipal taxes must be paid in full.
A construction permit or certificate of authorization from the City must be obtained.
The financial assistance application must be submitted correctly before starting any renovation work.
The business should have significant economic and/or socio-economic importance for Shawinigan, facing a challenge in terms of sustainability, growth, and/or development.
The business should not pose unfair commercial competition within the intervention area.

Eligible expenses

Eligible expenses for the grant are those directly related to locational improvement projects.

Any expenses directly associated with a locational improvement project.

Eligible geographic areas

This grant is available to companies located in specific geographical areas within Shawinigan, targeting the commercial revival of key streets. The eligible locations are chosen to support commercial revitalization efforts in the city.

105th Avenue in Shawinigan-Sud, between 108th Street and 125th Street.
Avenue de Grand-Mère in Grand-Mère, between 2nd Street and 8th Street.

Eligibility criteria of the Ville de Shawinigan — Incentive Program for Commercial Spaces program

Projects under this grant are evaluated and selected based on their structural impact, economic significance, and contribution to the commercial vitality of the targeted areas.

Contribution to the revitalization and optimization of the commercial mix in the zone.
Enhancement of the commercial space and its attractiveness.
Reduction in the number of vacant commercial spaces, especially for new or expanding businesses in Shawinigan.
Support for the dynamism and consolidation of commercial recovery in the sector.

How to apply to the Ville de Shawinigan — Incentive Program for Commercial Spaces program

Reception of the request

Fill out the application form attached to the program.
Send the completed application to the responsible agency for file opening.
Receive an acknowledgment of receipt from the agency.

Preliminary examination

Allows the organization to establish the project's eligibility.
Provide all necessary documents for the initial assessment.

Project Analysis

The organization conducts a thorough analysis of the project.
Development of a decision summary and recommendation for the Finance Commission.

Preparation of the memorandum of understanding

If the decision is favorable, a memorandum of understanding is prepared.

Verification of completion

Verification of project completion and required supporting documents.
Ensuring that the financing conditions have been met.

Disbursement of the grant

Financial assistance is paid directly to the company after verification.
Ensure proper management and administration of the file by the organization.

Additional information

Here are additional relevant details for this grant:

The funding is specifically allocated for locative improvements, focusing on high-impact projects.
A protocol of grant agreement must be signed before the release of funds.
Funds are disbursed post-verification of relevant documentation and compliance.
Grants are non-refundable and are aimed at supporting the improvement of commercial spaces.
Existing and new businesses have differing maximum funding opportunities, indicating tailored support based on their status.

Apply to this program

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