Social Economy Development Fund
QC, Canada
The Social Economy Development Fund (FDÉS) provides significant non-repayable grants to support innovative projects by non-profits, cooperatives, and social enterprises in the MRC de Papineau.
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
- grant_single|projectCostPercent
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- grant_single|timelineUnspecified
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- Educational services
- Health care and social assistance
- Arts, entertainment and recreation
- Other services (except public administration)
- Public administration
grant_single|grantors
- MRC Papineau
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grant_card_status|open
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The Fonds de développement de l’économie sociale (FDÉS) provides a non-repayable, continuous, and non-recurrent grant of up to $10,000 or 80% of the project's cost to support the development of non-profit organizations, cooperatives, and social economy projects within the MRC de Papineau. The program is aimed at fostering innovative projects that create durable and quality employment, generate autonomous revenue to ensure job sustainability, and address community-determined social needs. Eligible activities include producing goods or services for community members, acquiring technologies, and covering costs for professional services and other capital expenditures.
grant_single_labels|projects
This grant is available to companies based within a specific geographical area as outlined by the funding body. Eligible companies must be located in the territory of the MRC de Papineau to qualify for this grant.
- The territory of the MRC de Papineau.
grant_single|admissibleProjectsExample
$10,000
Establishing a community kitchen to address food insecurity in Gatineau.
grant_single_labels|admissibility
Eligibility for this grant is determined by specific requirements related to the applicant's profile and operations.
- The applicant must be an "enterprise of social economy," which includes cooperatives, mutuals, and non-profit organizations with commercial activities.
- The applicant must be established in the territory of the MRC de Papineau.
- The applicant must be legally incorporated in Quebec.
- The applicant must operate within a commercial economic context.
- The applicant must maintain a majority of permanent jobs that are not substitutes for public or parapublic sector jobs.
- The applicant must have net assets equating to at least 15% of the total assets.
- The applicant must self-finance at 60%, where autonomous revenues form 60% of total revenues, including contractual and governmental agreements.
grant_eligibility_criteria|who_can_apply
Non-profit organizations (OBNL), cooperatives, and social economy projects engaged in market activities, legally established in Quebec, operating in the MRC of Papineau's territory, and those that can self-finance to a certain extent.
grant_eligibility_criteria|who_cannot_apply
This grant excludes certain companies and organizations based on their status, main activity, and previous financial aid compliance. The following restrictions ensure that the funds support true social economy initiatives within the designated area.
- Cooperatives, mutual societies, and non-profit organizations that are not social economy enterprises and do not have commercial activities.
- Financial cooperatives.
- Private companies.
- Entities that have received a different grant from the Business Support Policy in the last 12 months.
- Entities listed in the Register of Enterprises Ineligible for Public Contracts.
- Social economy enterprises that have previously failed to meet their financial aid obligations with a ministry or funding organization after formal notice.
- Social economy enterprises engaged in activities solely for outsourcing or privatization, where the grant would only shift an economic activity and jobs from one organization to another.
grant_eligibility_criteria|eligible_expenses
This grant supports the development of social economy organizations and innovative projects that meet community needs. Eligible projects must align with strategic priorities set by the MRC and focus on the production of goods or services and the creation of sustainable jobs.
- Projects that produce goods or services for members and the community with a demonstrated demand.
- Initiatives creating durable and quality jobs.
- Projects generating self-sustaining revenues to ensure job sustainability.
- Activities responding to social needs identified by the community.
grant_eligibility_criteria|zone
The grant covers capital expenses, acquisition of technology, and service fees necessary for the project's execution.
- Capital expenses including land, building, equipment, machinery, and rolling stock.
- Acquisition of technologies, software, or application software.
- Service expenses such as permits, professional fees, consultants, studies, incorporation costs, and patents.
grant_single_labels|criteria
The evaluation and selection of projects for this grant are based on specific criteria with allocated point scores to ensure alignment with the grant’s objectives.
- Positive outcomes for the collective enterprise (25 points): Includes the type of project, the level of innovation for the social economy enterprise, actual necessity of the request, and added value.
- Positive outcomes for the region (25 points): Includes impact on the community, involvement of the social economy enterprise, local partnerships/suppliers, and maintaining or creating quality jobs.
- Quality of the project (25 points): Assessment of the quality of chosen experts, relevance of projected expenses for business continuity, and integration of sustainable development criteria.
- Viability of the project (25 points): Includes human and financial capacity to complete the project, organization's motivation, realism of the implementation schedule, and budget forecasts.
grant_single_labels|register
Here are the steps to submit an application for the FDÉS grant:
- Step 1: Obtain Attestation
- Ensure you have the attestation d’entreprise d’économie sociale from CDROL, which is mandatory for eligibility.
- Step 2: Prepare Necessary Documents
- Complete the application form available for download.
- Collect all supporting documents such as:
- Justification for each expense.
- Justification for each revenue (except your business contribution).
- Letter of attestation from the Pôle d’économie sociale (if applicable).
- Letters patent for OBNL or cooperatives.
- Financial statements for the last two years (for businesses over two years old).
- A business plan and financial forecasts for two years (for businesses under two years old).
- Interim financial statements.
- Step 3: Submit the Application
- Send the completed form and all required documents to the email address provided on the form: k.perrier@mrc-papineau.com.
- Step 4: Application Review Process
- The application will be analyzed by a review committee.
- Final decision will be made by the MRC's board of directors.
- Step 5: Receive Decision
- Await a decision following the board’s review of your application.
- Step 6: Reporting and Completion
- Upon project completion, fill the standardized achievement report to obtain the final payment of the grant.
grant_single_labels|otherInfo
The Fonds de développement de l’économie sociale (FDÉS) supports non-profit organizations and cooperatives in various project stages, offering a non-repayable grant up to $10,000 or 80% of eligible expenses. Projects aligning with local strategic priorities, innovation in new sectors, and ensuring sustainable, quality employment while addressing community-determined social needs are emphasized.
- Open for applications throughout the year or until funds are depleted.
- Applicants must have an Attestation d’entreprise d’économie sociale from CDROL to be eligible.
- Non-repayable grant distributed in two installments as per the agreement protocol.
- Application must include a completed form, justification for expenses, and additional financial documentation depending on the organization's establishment duration.
- Projects should not involve the relocation of economic activities unless consent is provided from the local municipality.
grant_single_labels|contact
k.perrier@mrc-papineau.com
819-427-6243
Apply to this program
Fostering Social Economy Development in Papineau
The Fonds de développement de l’économie sociale (FDÉS) is a vital grant supporting non-profit organizations, cooperatives, and social economy projects in Papineau. It aims to finance from the pre-startup phase to growth, offering up to $10,000 or 80% of the project costs.
Extensive Insight into FDÉS Grant Opportunities and Benefits
The Fonds de développement de l’économie sociale (FDÉS) serves as an invaluable resource for fostering the emergence and growth of social economy entities within the MRC de Papineau. Positioned as a non-recurrent and continuously open grant until funds are exhausted, it is tailored to support innovative social-based projects that align with the strategic objectives of the region. The FDÉS aims to empower organizations that fulfill social needs identified by the community by funding projects that produce goods or services, create sustainable high-quality employment opportunities, and generate autonomous revenues.
This funding opportunity is particularly designed for businesses operating within the non-profit sector, where cooperatives and businesses with a sustainable social mission can harness the financial support to unseen fronts. With a funding cap of $10,000 or a maximum coverage of 80% of project costs, eligible projects are those that present a novel approach or enter new sectors, effectively enriching the diverse social fabric of the region. The focus is not just on economic upliftment but also on meaningful social impact, ensuring projects contribute to the greater societal good rather than merely economic gain.
The grant's emphasis on strategic alignment with the MRC de Papineau's plans ensures that initiatives complement the broader regional objectives, thus ensuring a cohesive developmental approach. Organizations are encouraged to not only adhere to these priorities but to innovate within the bounds, aiming to develop new expertise or explore pioneering methodologies to tackle existing societal challenges.
Comprehensive evaluation criteria are applied to ensure that supported projects are not only efficient but also effective and sustainable in the long run. Evaluations consider the innovation level, potential impact, and viability, juxtaposed with the project's commitment to maintaining quality employment standards and the ability to run autonomously through generated revenues. Such criteria support the maximization of the grant’s impact, focusing on a holistic development model that accounts for both economic and social facets.
The FDÉS further facilitates entities by setting clear parameters for use of funds: capital expenditures, technology acquisition, and requisite professional services are straightforwardly included, freeing up organizations to focus efforts on pushing the envelope of social entrepreneurship. Conversely, the policy strictly mandates against punting funds towards regular operational expenses, thus preserving the spirit and intention of innovation and expansion.
In summary, the FDÉS acts as a catalyst for social economic projects in the MRC de Papineau, encouraging a proactive stance towards social mission-focused entrepreneurship. By addressing critical community needs and positioning resources towards expansive and sustainable growth, this grant plays a crucial role in contributing to not only economic development but, more importantly, to social well-being and community enhancement in Papineau.