SADC des Sources Fonds TIC (ICT Fund)

Amount:

$50,000.00

Type:

Loan

Description:

SADC des Sources’ ICT Fund is tailored to encourage businesses located in the MRC des Sources territory to invest in ICT to improve the productivity, efficiency, profitability and competitiveness of your business.

Comments on Funding:

Funding is a loan ranging from $10,000 to $50,000:
– Interest Rate: Prime Rate + 3%;
– Maximum Loan Term: 4 years;
– Application Analysis Fee: None.

Deadline:

Continuous Intake

Eligibility:

Applicants must:
1. be entrepreneurs;
2. be businesses;
3. be seeking financing to invest in ICT;
4. have its head office or main place of business in the MRC des Sources;
4. have assets of less than $10 million;
5. have fewer than 200 employees;
6. have projects that meet the following criteria:
a) The project must demonstrate its viability and enable the company to achieve good profitability;
b) The management team must possess sufficient knowledge and expertise in the sector.

Application Steps:

For details about the application process, applicants must contact SADC des Sources:
Phone: 819 879-7147
Email: info@sadcdessources.com

Documentation Needed:

For details about the documentation requirements, applicants must contact SADC des Sources:
Phone: 819 879-7147
Email: info@sadcdessources.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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