Ville de La Tuque — RRF stream 2 - Support for local and regional development skills

• Business plan or detailed project summary
• Any other document requested by the advisor
• Project cost estimate or quotation, when required

Who is eligible?

• Private businesses
• Proximity service businesses
• Businesses in primary, secondary, tertiary, or tourism sectors

Who is not eligible

• Financial sector businesses and financial cooperatives
• Projects of a religious, political, or sexual nature
• Businesses in gambling, combat sports, dating services, or arms, tobacco, or drug-related activities
• Businesses in bankruptcy, legal dispute, or payment default

Eligible expenses

• Land, buildings, equipment, furniture, machinery, and rolling stock
• Installation and rental of equipment
• Technology, software, patents, and professional fees
• Working capital for the first year of the project
• Incorporation fees

Ineligible Costs and Activities

• Recurring operating expenses
• Debt service, loan repayments, and operating deficits
• Project costs incurred before a complete business plan or detailed project summary is submitted
• Research and development expenses and taxes
• Business relocation within the territory without municipal consent

Eligible geographic areas

• La Tuque Agglomeration

• Strategic relevance of the project for local economic development
• Viability of the business and project
• Impact on jobs, growth, and business succession
• Relevance of the applicant’s experience or training
• Impact of competition and risk of job displacement

• Step 1: Prepare the file
  • Work with an SDÉF advisor to prepare the application.
  • Include the business plan and any required supporting documents.
• Step 2: Submit the application
  • File the request once all elements are complete.
  • Submit it through the SDÉF support process.
• Step 3: Review and analysis
  • The advisor validates the information with the promoter.
  • The file is analyzed and presented to the investment advisory committee.
• Step 4: Decision and agreement
  • The committee recommends or declines the project, or requests changes.
  • If approved, sign the financing agreement before funds are released.

• The file is reviewed by an SDÉF advisor and then analyzed by the investment advisory committee.
• The committee may recommend the project, refuse it, or request changes.
• If approved, a financing agreement must be signed before any payment is made.
• If refused, the applicant is informed in writing or by email.
• Approved project names and funding amounts may be disclosed publicly.

• Application fees are free of charge.
• The names of supported projects and the amount awarded may be made public.
• If refused, a project can only be resubmitted after significant changes.