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MRC Lotbinière — Triple F
Laurier-Station, QC
Financial aid for businesses excluding pre-startup phase
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Loans and Capital investments
grant_single|eligibleIndustries
- grant_single|allIndustries
grant_single|grantors
- MRC de Lotbinière
grant_single|status
grant_card_status|open
grant_single_labels|preview
The grant provides financial and technical assistance through the Fonds locaux d’investissement, offering funding up to $50,000 to support businesses. The program is designed for growth and developmental activities, excluding pre-start-up phases, with a repayment period ranging from 36 to 60 months.
grant_single_labels|terms_and_conditions
The Triple F fund offers technical and financial assistance tailored to support eligible businesses in their growth phases. The financial modalities are structured to provide flexibility in both the amount and repayment terms to accommodate various business needs.
- Maximum financial assistance of up to $50,000.
- Interest rate includes the base rate plus a risk-based rate.
- Repayment period ranges between 36 and 60 months.
- Requirement to hold an account with Desjardins Bank.
grant_single_labels|projects
The eligible projects for the MRC Lotbinière Triple F grant include activities focused on business growth and development. This grant prioritizes initiatives that enhance business operations and expand market reach for existing businesses.
- Expansion of existing business operations.
- Introduction of new products or services to the market.
- Investments in technology to improve business efficiency.
- Marketing strategies aimed at entering new markets.
- Projects that support job creation and economic development.
grant_single_labels|admissibility
Eligibility for the "Fonds locaux d’investissement (Triple F)" grant is determined by specific criteria outlined in the investment policy of the MRC de Lotbinière.
- The applicant must be an established business; pre-startup phase businesses are not eligible.
- The applicant must have an account with Desjardins.
- Applicants must provide a business plan.
- Applicants must submit financial forecasts for two years.
- The cost of the project and the structure of the financing must be documented.
grant_eligibility_criteria|who_can_apply
Eligible projects for these funding programs include a range of business stages from startup to growth, with a focus on supporting young entrepreneurs and those unable to access traditional financing avenues. Specific focus is placed on individuals aged 18 to 39 or 35 depending on the program, offering financial support primarily through loans, credit lines, and mentoring.
- Entrepreneurs aged 18 to 39 seeking startup funding and mentorship.
- Businesses or entrepreneurs with a clear business plan and two-year financial forecast.
- Organizations using Desjardins for business banking.
- Young entrepreneurs (18-35 years) who have difficulty securing funding through conventional methods.
- Initiatives with support through crowdfunding platforms for additional financing opportunities.
grant_eligibility_criteria|who_cannot_apply
The grant offered by Les fonds de la MRC de Lotbinière excludes certain companies primarily based on their current business phase. The main restriction is aimed at ensuring the funds support viable business operations.
- Companies in the pre-startup phase are not eligible for the Fonds locaux d’investissement (Triple F).
grant_eligibility_criteria|zone
This funding opportunity is specifically designated for companies within the MRC de Lotbinière region. Eligibility is contingent upon aligning with the investment policy set forth by the MRC.
- Businesses operating within the MRC de Lotbinière, Quebec.
grant_single_labels|register
Here are the steps to submit an application for this grant:
- Step 1: Verify Eligibility
- Review the MRC de Lotbinière's investment policy to ensure your business meets the eligibility criteria.
- Step 2: Prepare Required Documents
- Develop a comprehensive business plan outlining your business strategies and objectives.
- Compile financial forecasts for the next two years to demonstrate financial viability.
- Prepare a detailed cost structure and financing plan for your project.
- Gather any other relevant documents that might support your application.
- Step 3: Establish Banking Relationship
- Ensure you have an active account with Desjardins, as this is a requirement for application.
- Step 4: Contact Fund Provider
- Reach out to the MRC de Lotbinière using the provided contact information to express your interest and gather additional application details.
- Use the following contact methods: phone (418 926-3407 or 418 990-0175) or email (info@mrclotbiniere.org).
- Step 5: Submit Application
- Complete any application forms provided by the MRC de Lotbinière.
- Submit all prepared documents and forms to the designated contact at the MRC de Lotbinière.
- Ensure submission is completed before any specified deadline.
- Step 6: Await Response
- Once submitted, wait for confirmation and further instructions from the MRC de Lotbinière about the next steps in the grant process.
grant_single_labels|otherInfo
Here are additional relevant details for applicants considering local funding options in Lotbinière:
- Having a business account with Desjardins is mandatory for access to the Triple F funding.
- Futurpreneur Canada prioritizes the personality and leadership potential of the young entrepreneurs over tangible collateral or guarantees.
- MicroEntreprendre Chaudière-Appalaches offers both loans and personalised support to eligible entrepreneurs.
- Creators interested in crowdfunding via La Ruche may also access additional funds through the Fonds Mille et un pour la jeunesse.