Green Strategy Loan
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Contribution of capital to thecompany1 to support the adoption of practices or technologies that facilitate the greening of its operations, by facilitating the adoption of eco-responsible practices or the implementation of clean technologies within companies.

Funding is to be used for activities such as optimizing the energy or waste efficiency of SMEs, or reducing their greenhouse gas emissions.

Financing offer :

  • The amount of the Green Strategy Fund loan can vary between $10,000 and $25,000. It must be combined with a loan from the Conventional Fund for an equivalent amount (50%-50%);
  • Loan2 to the company;
  • Interest-free for 24 months;
  • Capital leave for 3 months, extendable to a maximum of 24 months;
  • Borrower's personal guarantee;
  • Maximum amortization period of 84 months.

Basic criteria essential for processing a request :

  • The company must operate in the designated territory of the Lac-Saint-Jean-Est MRC;
  • The company must maintain or create jobs;
  • The company must operate in priority and non-competitive sectors3 (see priority sectors).
  • The company must have been in operation for at least 2 years;
  • The application must be supported by a business plan;
  • The project must be viable and profitable;

Priority sectors :

Primary sector :

  • Agriculture :

In an effort to broaden the community's agricultural base, agricultural intervention priorities are focused on :

- traditional agriculture4 with distinct added value and/or marketing;

- non-traditional agriculture.

  • Mining and natural resources :

This sector is prioritized indiscriminately, including granite, marble, peat, forestry and hydroelectricity.

Secondary sector :

  • Processing and manufacturing plant.

Tertiary sector :

  • Non-competitive or essential to a specific community.

Quaternary sector :

  • Biotechnology;
  • Software and systems design.

1 : For non-profit organizations and cooperatives, their mission must be commercial, industrial or tourism-related.

2 : Cumulative maximum of $150,000 for all SADC funds in force, including a maximum of $50,000 in advantageous loans.

3: In order to enable companies to facilitate their green transition, the non-competition clause in contracts may not apply.

4 : Traditional agriculture is defined as follows: dairy farm, beef cattle farm, market garden, pig farm, poultry farm (eggs) and sheep farm.