SADC d’Antoine-Labelle Fonds D’Investissement (Investment Fund)

Amount:

$300,000.00

Type:

Investment, Loan

Description:

The Investment fund aims to promote the creation of businesses and their maintenance in the Antoine-Labelle MRC. SADC’s investment in the business can be in the form of a loan, debenture or share capital

Comments on Funding:

Funding takes the form of a loan, debenture or share capital between $5,000 and $300,000:
– A maximum duration of 15 years;
– Reimbursement in penalty from the 37th month.

Deadline:

Continuous Intake

Eligibility:

Applicants must:
1. be businesses;
2. be located in the territory served by the SADC;
3. have met these eligibility criteria:
a) The viability of the business and its repayment capacity;
b) Management (promoter evaluation);
c) Market positioning (commercial risk assessment);
d) Financial elements (financial situation of the company or viability of the project);
e) Socioeconomic criteria for the region;
f) Impact on community development.

Application Steps:

For details with the application process, applicants must connect through SADC d’Antoine-Labelle:
Phone: 819-623-1540 Ext. 451
Email: info@sadcal.com

Documentation Needed:

For details with the documentation requirements, applicants must connect through SADC d’Antoine-Labelle:
Phone: 819-623-1540 Ext. 451
Email: info@sadcal.com

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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