Fonds Locaux: Volet Expansion (Local Funds: Expansion)

By mmuise
Description:

This fund aims to financially support businesses in the MRC de Beauce-Sartigan in their business expansion projects.


Comments on Funding:

Loan up to 50% of project cost, maximum $50,000 for manufacturing businesses; while up to $25,000 for trade and service project.

Deadline: Continuous Intake
Eligibility:

Applicants must:

  • be businesses in the MRC de Beauce-Sartigan in their business expansion projects;
  • demonstrate that he has the knowledge and relevant experience in the field as well as management knowledge and skills;
  • have the equity of the company after the project reaching at least 15% and can be considered as a down payment
  • demonstrate project viability and repayment capacity through financial forecasts.
Application Steps:

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Documentation Needed:

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Other Things to Note:

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About the author
mmuise