Fonds de Capital de Risque (Venture Capital Fund)

By mmuise
Description:

The Capital Expansion Region Thetford (CERT) is a business community organization offering an investment fund. It is dedicated to financing companies with strong growth potential. This financing can be accomplished through loans, debentures, or equity investments. Its mission is to foster and stimulate the economic development of the MRC des Appalaches by investing in start-up companies, those experiencing growth, undergoing transfer, or succession.


Comments on Funding:

Funding takes the forms of loans, debentures, or equity investments. The financing, via this fund, must be supplementary to other investment funds available in the territory. The maximum amount per business project: $250,000.

Deadline: Continuous Intake
Eligibility:

Applicants must:

  • be start-up companies;
  • be experiencing growth, undergoing transfer, or succession;
  • have projects that meet the following criteria:
    a) The project must or must be located on the territory of the MRC des Appalaches;
    b) The project must create or maintain permanent jobs;
    c) Financial assistance is intended for businesses with start-up, growth, transfer or succession projects;
    d) Financial assistance is intended for businesses with start-up, growth, transfer or succession projects;
    e) The promoter has already or will have to invest in the realization of his project;
    f) In order to avoid contributing to the development of unjustified competition, a company must clearly demonstrate that the targeted segment is not saturated;
    g) The project must indicate a prospect of sufficient profits to meet its obligations.
Application Steps:

For application details, applicants may contact @ Email: dg.cert@regionthetford.com or Mobile Phone: 819 571-6866.

Documentation Needed:

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Other Things to Note:

Financing, via this fund, must be complementary to other investment funds offered in the territory, for example the SDE and the SADC, and to the financing available in direct aid within the framework of the Economic Diversification Fund (FDÉ) of the MRC of Appalachia.

Program Contact: https://www.fondscert.com/
About the author
mmuise