Fonds croissance Trois-Rivières (Trois-Rivières Growth Fund)

Amount:

$225,000.00

Type:

Grant, Investment, Loan

Description:

The Trois-Rivières Growth Fund was created to help private businesses, social economy enterprises, and organizations bounce back from the pandemic by financing their innovation projects. $500,000 will be dedicated exclusively to the tourism sector, which was significantly affected by health measures. In some cases, the Trois-Rivières Growth may take an equity position in a company/organization and be offered visibility.

Comments on Funding:

Assistance can take the form of various financial products, as needed, including loans and debentures.
A grant equivalent to 10% of the project cost could be granted, in addition to another form of aid.
A maximum of $225,000 is granted per project.

Deadline:

Continuous Intake

Eligibility:

Applicants must:
1. be industrial businesses;
2. be manufacturing businesses;
3. be business service sectors with the exception of businesses of a religious, sexual, political, seasonal nature, retail businesses, restaurants and personal services;
4. be established in the City of Trois-Rivières.

Application Steps:

1. Applicants must send financial assistance requests by email to info@idetr.com or to the following address:

Innovation et Développement économique Trois-Rivières
370, rue des Forges, bureau 100
Trois-Rivières (Québec) G9A 2H1

2. For further information, please contact IDE Trois-Rivières at 819 374-4061 or by email at info@idetr.com.

Documentation Needed:

Applicants must submit:
1. a copy of the incorporation charter;
2. a copy of the financial statements from the last two years, if the company exists;
3. a copy of confirmations from financial partners, if available, but required before disbursement;
4. an executive summary;
5. a social and environmental balance sheet.

Other Things to Note:

Maurice

About the author

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Canada to identify and maximize funding to grow their business.

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