Diversify your Economy
no fixed amount
Grant, Loan
Description:
This funding aims to promote the regions and foster the development of local economies.
Specifically, it is intended to:
help boost spending by tourists from outside Quebec
increase the presence of international organizations
strengthen economic activity in the regions by supporting local business projects
generate investments and economic spin-offs through the acquisition of community economic facilities
Comments on Funding:
Financial assistance for SMEs is:
– generally of up to 50% of authorized costs.
– repayable, without interest. Repayment begins two years after the end of the project.
Financial assistance for NPOs is:
– non-repayable;
– generally of up to 90% of authorized costs.
Continuous Intake
Eligibility:
Applicants must be:
1. Non-profit organizations (NPOs);
2. Economic development organizations;
3. Municipalities and regional county municipalities (RCMs);
4. Organizations tasked with attracting international organizations and foreign investment;
5. Local businesses;
6. Co-ops;
7. Business associations;
8. Indigenous organizations.
Application Steps:
Applicants must contact CED by telephone at 1-800-561-0633 or by email to discuss their project.
Documentation Needed:
No specific documentation has been identified.
Other Things to Note:
About the author
Maurice