Sustainable Growth Investment — Young Entrepreneurs
Money for youth-owned agri-businesses in Quebec
At a glance
Eligible Funding
- Max. $45,000
Timeline
- Open Date : November 17, 2020
Financing Type
Grant and Funding
Eligible Industries
- All industries
Grant Providers
- Gouvernement du Québec
- La Financière agricole
Status
Open
Overview
Are you 18 to 39 years old and own an agri-business? Have you qualified for the Financial Support Program for Aspiring Farmers in the last 5 years? You could get a grant of up to $45,000 when you secure a loan guarantee of up to $300,000 from La Financièr
Eligibility criteria
The Sustainable Growth Investment Program provides financial assistance to farmers for productive and sustainable investments. Eligible farmers can receive an investment grant with a loan guarantee from La Financière agricole, up to a maximum of $700,000 over a three-year period.
- Farmers in Quebec are eligible to apply for the Sustainable Growth Investment Program.
- The program is open to farmers from all production sectors and business life cycles.
- Applicants must have investment projects related to their farm operations.
Who is eligible
Eligible types of companies for the Sustainable Growth Investment grant include:
- Farmers with investment projects from any production sector
- Businesses at any stage of their life cycle
Who is not eligible
According to the grant context, there are no specific types of companies mentioned that are not eligible for the grant.
Eligible expenses
The Sustainable Growth Investment Program provides financial assistance for productive and sustainable investments. Eligible expenses may include, but are not limited to:
- Infrastructure improvements
- Technology upgrades
- Expansion projects
- Environmental sustainability initiatives
Eligible projects & activities
The Sustainable Growth Investment Program supports productive and sustainable investments for farmers in Quebec. Eligible projects or activities include:
- Investments in infrastructure improvement
- Technological upgrades
- Expansion of production capacity
- Implementation of environmental protection measures
- Modernization of equipment
Evaluation & selection criteria
The grant for Sustainable Growth Investment Program does have evaluation and selection criteria. The program aims to support productive and sustainable investments for farmers with investment projects. The criteria for evaluation and selection are as follows:
- Applicant must be a farmer with investment projects
- Investments must be productive and sustainable
- Maximum eligible financing per business is $700,000
How to apply
- Step 1: Review the Sustainable Growth Investment Program eligibility criteria
- Step 2: Prepare your investment project proposal and necessary documentation
- Step 3: Submit your application to La Financière agricole du Québec for review
- Step 4: Await a decision on your application and follow up as needed
Contact information
1-800-749-3646
Apply to this program
