Entrepreneurial Development Assistance

Amount:

$75,000.00

Type:

Grant

Description:

This program supports the implementation of entrepreneurial support projects in order to stimulate the development and improve the performance of cultural enterprises, regardless of the stage of development of these enterprises: start-up, diversification, entrepreneurial succession, growth, technological shift, recovery, transfer.

Comments on Funding:

Funding takes the form of grants of up to $75,000 per project. This amount cannot exceed 50% of eligible expenses, or 75% of eligible expenses in cases of entrepreneurial succession, transfer or business turnaround.

Deadline:

Rolling Deadline

Eligibility:

Eligible Clientele:
1. Being a legally constituted company, for-profit or nonprofit, operating primarily in the fields of activity covered by SODEC;
2. Having its headquarters and main establishment in Quebec and demonstrating that effective control of the company is predominantly held by individuals with their tax residence in Quebec. The term “headquarters and main establishment” refers to the location where the center of decision-making is situated and where the true management of the company takes place;
3. Being in operation for at least one year, or possessing the appropriate professional experience, or being a new company only in cases of the transfer of existing cultural enterprises.

Application Steps:

1. All requests must be sent through the secure electronic portal SOD@ccès.
2. By connecting to SOD@ccès, applicants must:
a) create their user profile if they are a new user or enter their access codes;
b) choose the program corresponding to their request, i.e. number 60-39-01 for this program;
c) complete the application form and upload all required documents.

Documentation Needed:

Applicants must prepare the documentation to transfer to SOD@ccès, including:
1. a declaration of the applicant company;
2. an Implementation plan;
3. a Budget;
4. a Financial structure;
5. a Master file – Identification of shareholders and directors of the company.

Other Things to Note:

Please ensure that you attach all required documents to SOD@ccès. Documents must be compliant, complete, in force, dated and signed by the persons with the required authority, when required. Only complete and compliant applications will be analyzed. Applications that are incomplete by their submission deadlines will be declared inadmissible and must be resubmitted. Read the Info-SODEC about the processing of incomplete applications.

Link Guide:

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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