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

  • Be a woman aged 18 or over.
  • Be the majority owner of the business, located on the territory of the MRC des Appalaches.
  • 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 she is remedying her weaknesses.

Financing features

  • Loan of $5,000 to $25,000 per promoter (maximum two promoters per company).
  • 5-year term loan.
  • Cannot be used to refinance existing debt.
  • Interest-free period and flexible repayment terms for the first 24 months.
  • Mandatory life and disability insurance.
  • 1% administration fee.
  • This assistance is not exclusive and may be combined with other financial aid.

Types of financing available

  • Acquisition ;
  • Start-up ;
  • Expansion ;
  • Modernization ;
  • Eco-responsible loan (sustainable development);
  • Business succession or transfer.

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
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