SADC's mission is to stimulate community participation in taking charge of its future, while subscribing to the local development approach as the foundation of its actions.

Financing

Support

Local economic development

Eligibility criteria

  • The project is located within the territory of the MRC des Appalaches.
  • The project aims to facilitate the adoption of eco-responsible practices or the implementation of clean technologies within the company.
  • Complementary to other sources of financing.
  • Consult the List of exclusions.

Project evaluation

  • The business plan must demonstrate growth potential and good prospects for profitability and viability.
  • Project acceptance takes into account direct and indirect competition.
  • The project aims to create or maintain jobs.
  • The promoter must demonstrate relevant knowledge or experience in the field, as well as management knowledge or skills, or demonstrate that he is remedying his weaknesses.

Financing features

  • Loans from $10,000 to $50,000.
  • 7-year term loan.
  • Cannot be used to refinance existing debt.
  • Interest-free and flexible repayment terms for the first 24 months.
  • Capital vacation for the first 3 months of the loan.
  • Management fee of 1%, up to a maximum of $250.
  • This assistance is not exclusive and may be cumulative with other financial aid.

Types of financing available

  • Professional fees (must not be for a project study, but for the realization of the project) ;
  • Equipment;
  • Maintenance of working capital related to the investment project.

Financing areas

  • Agriculture ;
  • Food processing ;
  • Trade and service ;
  • Construction and excavation ;
  • Environmental ;
  • Export ;
  • Industry and manufacturing ;
  • Research and development ;
  • Advanced technologies ;
  • Information and communication technology.

An idea, a project, a success!

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SADC
Financing
Support
Local economic development
Contact details
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