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Support Policy For Businesses
Trois-Rivières, QC
Grants for business expansion and start-up projects
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- Manufacturing
- Professional, scientific and technical services
- Arts, entertainment and recreation
- Accommodation and food services
grant_single|grantors
- City of Trois-Rivières
grant_single|status
grant_card_status|open
grant_single_labels|preview
The support policy for businesses, created in conjunction with the regional development fund, aims to assist private and social economy businesses in their expansion or start-up projects. It targets tourism, industrial, commercial, agricultural, and scientific development sectors with an emphasis on growth-generating initiatives. Eligible expenses include capital assets, collaborative projects for information tools, specialized analysis projects, and the purchase of technologies, excluding R&D activities.
grant_single_labels|projects
grant_single|admissibleProjectsExample
$ 40,000
Tourism enhancement project to develop eco-friendly boat tours
$ 40,000
Construction of a new agricultural research facility to support sustainable farming practices
grant_single_labels|admissibility
Eligibility for this grant is determined by specific requirements related to the types of organizations and their sector of operation.
- The applicant must be a cooperative.
- Eligible entities include private non-profit businesses operating within the social economy sector.
- The applicant can be a private incorporated company, excluding those in the financial sector.
grant_eligibility_criteria|who_can_apply
Cooperatives, private non-profit businesses operating in the social economy sector, and private incorporated companies, with the exception of private businesses in the financial sector, are eligible to apply for this grant.
grant_eligibility_criteria|who_cannot_apply
This grant is focused on supporting specific sectors and types of businesses. Restrictions exist to maintain a strategic focus on sectors that align with the grant’s objectives.
- Private businesses in the financial sector.
grant_eligibility_criteria|eligible_expenses
This grant aids in the expansion or start-up projects for businesses, focusing on key sectors with significant growth potential and innovative development. The eligible projects concentrate on enhancing infrastructure, leveraging technology, and fostering job creation in various domains.
- Tourism projects that diversify offerings and generate growth.
- Innovative industrial, commercial, agricultural, and scientific initiatives that create permanent and quality employment.
- Capital asset improvements including leasehold improvements and related professional fees.
- Collaborative efforts in developing informational tools like websites, including translation costs.
- Analysis projects utilizing specialized expertise for initiating significant growth projects.
- Procurement of technologies such as software, patents, excluding R&D activities.
grant_single_labels|criteria
The evaluation and selection of projects for this grant are based on specific criteria with allocated scores to ensure alignment with the grant’s objectives.
- Growth-generating impact of the project (local priority, tangible benefits, job creation).
- Financial structure and package of the project (proponent’s contribution, rigorous search for financing, applicability of the assistance requested, financial health of the proponent, reliable, realistic financial data, self-financing prospects) and the long-term financial viability of the business.
- Relevance of the project (targeted clientele, uniqueness of the project, competition, quality of the offer, innovation).
- Feasibility of the project (realistic timeline, marketing and communication strategy, quality of the business plan).
- Proponent’s expertise and experience.
grant_single_labels|register
Here are the steps to submit an application for this grant:
- Step 1: Determine Eligibility
- Review the eligibility criteria to ensure your organization and project qualify for the grant.
- Step 2: Gather Required Documentation
- Prepare detailed project descriptions highlighting the growth-generating impact, financial viability, and innovation.
- Compile financial data, including a budget and financing structure.
- Gather documentation demonstrating your expertise and experience.
- Draft a business plan and marketing strategy, if applicable.
- Step 3: Complete Application
- Fill out the application form provided by the funding body.
- Step 4: Submit Application
- Submit the completed application form and all supporting documents to the designated contact at Innovation et Développement économique Trois-Rivières via the provided contact method (e.g., email, online portal, or physical delivery).
- Step 5: Confirmation and Follow-Up
- Receive confirmation of submission from the funding body.
- Keep a record of your application details for future reference.
grant_single_labels|otherInfo
The grant aims to support private and social economy businesses in their expansion or start-up projects, giving priority to initiatives with significant growth-generating impacts and with special attention to certain demographics and industries.
- Non-repayable grant with a maximum amount of $20,000, which can increase to $40,000 for projects with significant growth impacts.
- Assistance rate up to 80% for social economy businesses and 50% for private for-profit businesses.
- Projects selected are subject to a memorandum of understanding detailing disbursement conditions and obligations.
- Priority is given to business succession projects and proponents aged 18 to 35, particularly in industrial and high-tech sectors.
grant_single_labels|contact
info@idetr.com
819 374-4061