Print

Contribution of capital to thecompany1 to promote the expansion and stabilization of businesses and jobs. Possibility of term, equity and debenture loans.

 

Financing offer :

  • Financing from $5,000 to $150,000;
  • Maximum amortization period of 120 months.

 

Essential criteria for processing a request :

  • The company must operate in the Lac-Saint-Jean-Est MRC territory;
  • The company must maintain or create jobs;
  • The company must have been in operation for at least 12 months;
  • The promoter must make a downpayment deemed satisfactory by the Société d'aide au développement de la collectivité (SADC) Lac-Saint-Jean-Est;
  • The project must be financed by three parties: the promoter(s), the financial institution and the Société d'aide au développement de la collectivité (SADC) Lac-Saint-Jean-Est;
  • The company must operate in non-competitive2 and priority sectors (see priority sectors).

 

Priority sectors :

Primary sector :

  • Agriculture :

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

- traditional agriculture3with 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 : In order to address the issue of entrepreneurial succession, the market non-competition clause could be waived for company takeovers.

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