Equip my region with a community economic facility

Eligible clients

• Non-profit organizations
• Economic development organizations
• Municipalities and regional county municipalities (RCMs)

Project eligibility criteria

The community economic facility must:

• benefit a number of users (mainly businesses);
• be a priority for the region;
• be part of the regional development process;
• carried out in one of the regional county municipalities with slow economic growth identified by the Agency.

Main analysis criteria

Projects are reviewed based on specific criteria, i.e.:

• anticipated results of your project;
• viability of your business or organization;
• your technical and financial management capacity;
• partner contributions in financial resources or professional services;
• level of risk.

Submitting a project

Do you wish to submit a project? For information on project submission and funding application procedures, consult the project submission guide and contact an advisor from the business office in your region.

Examples of activities

• Purchase of equipment, computer tools and technology
• Fit-up, upgrading, expansion or construction of facilities
• Development of business leads and searching for funding
• Recruitment of specialized resources
• Strategy development

Types of assistance

• Repayable contribution
• Non-repayable contribution

Rate of assistance

• Generally up to 50 percent of authorized costs for SMEs
• Generally up to 90 percent of authorized costs for NPOs

Authorized costs

All costs directly related to the project, deemed reasonable and essential to its completion. Restrictions may apply in certain cases.

Non-eligible costs

All costs that are non-essential and not directly related to the project.

The following costs in particular are non-eligible:

• refinancing of an existing debt;
• depreciation costs;
• goodwill costs.

For more information on authorized and non-eligible costs, contact an advisor from your region's business office.