Sustainable Growth Investment — Young Entrepreneurs
- Open Date : November 17, 2020
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
At a glance
Funding available
- Increase performance through digital transformation
- Develop a new product or service
- Optimize production processes
- Maximum amount : 45,000 $
- Open Date : November 17, 2020
Eligible candidates
- Agriculture, forestry, fishing and hunting
- Quebec
- For-profit business
- Sole proprietorship
- All revenue ranges
- All organization sizes
- Youth (<40)
- Startups
Next steps
Activities funded
The Sustainable Growth Investment Program supports initiatives designed to enhance the productive and sustainable capacities of farms across Québec. These activities stretch across various production sectors and stages of business development to foster long-term growth.
- Projects aimed at modernizing agricultural equipment and infrastructure for improved efficiency and productivity.
- Investments in sustainable farming practices that reduce environmental impact.
- Expansion projects to diversify production capabilities and access new markets.
- Initiatives focused on innovations in crop management and yield optimization.
Eligibility
Who is eligible?
This program is intended for farmers who have investment projects to propose, regardless of their production sector or which stage of the business life cycle they are in. It supports productive and sustainable investments, offering a combination of investment grants and loan guarantees.
Eligible expenses
This grant supports farmers aiming for productive and sustainable investments across various agricultural sectors. It provides financial assistance to facilitate growth and enhance the sustainability of farming operations.
- Investments that improve the environmental sustainability of agricultural practices.
- Projects expanding the production capacity of farms.
- Initiatives directed at modernizing farming facilities and infrastructure.
- Developing new agricultural products or diversifying farm operations.
- Implementing advanced technologies to improve farm productivity.
Eligible geographic areas
This grant is administered by La Financière agricole du Québec, suggesting it is specific to the province of Quebec, Canada.
- Businesses located within Quebec.
Additional information
Here are additional relevant details for this grant:
- The financial assistance is conditional on securing a loan guarantee from La Financière agricole.
- The maximum amount of eligible financing per business is $700,000.
- Assistance is disbursed over a period of three years.
Documents and links
Contacts
Frequently Asked Questions about the Sustainable Growth Investment — Young Entrepreneurs Program
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