Targeted support for Quebec’s economically vulnerable RCMs
![](https://mrcgsl.ca/wp-content/uploads/2024/07/Image1-768x409.jpg)
The MRC du Golfe-du-Saint-Laurent is one of the areas targeted by the new Canada Economic Development (CED) measure for the regions of Quebec.
Types of projects targeted : Projects must generate concrete economic spin-offs that will have a positive effect on the revitalization of these RCMs.
Examples of eligibles projects :
- Launch and growth of businesses working mainly at the local or regional level.
- Development and improvement of assets (tourism offering and other fixed assets related to local economic development) and planning of economic diversification initiatives.
- Establishment of collective equipment in the heart of industrial zones that may contribute to economic development or community dynamism and become factors that attract.
- Support to structure a local ecosystem that meets the needs of these businesses, stimulates collaboration among economic players, and fosters an entrepreneurial environment conducive to innovation and growth.
For SMEs :
- Financial assistance of up to 75% of authorized costs.
- This amount is generally repayable, without interest and without guarantee. Repayments begin two years after a project ends.
- On an exceptional basis, non-repayable assistance below $100K may be considered, if certain conditions are met.
For NPOs :
- Non-repayable financial assistance of up to 90% of authorized costs.
More details : https://shorturl.at/ipbH6