Start-up fund (from the Fonds local d’investissement (FLI))
The Start-up fund is a financial aid given in small loans of up to $5 000. Qualifying businesses must be starting-up or have been in operation for less than a year in the Haute-Yamaska region. For this fund, the process is simple, easy and accessible.
The Entrepreneuriat Haute-Yamaska team will prioritize businesses that are in less competitive sectors, with a good potential for job creation and are in premarket among other things.
Fonds Filières Structurantes (FFS)
The goal of the Fonds Filières Structurantes is to encourage entrepreneurship within the Haute-Yamaska territory. This financial aid of up to $5 000 is non-refundable. To qualify, businesses must be in specific sectors such as biomaterials, clean technologies, sustainable development or in computer and robotics sectors and will have to maximize this fund in the Haute-Yamaska territory.
Fonds local d’investissement (FLI)
The goal of the Fonds local d’investissement (Local Investment Fund) is to generate entrepreneurship throughout the Haute-Yamaska territory and to facilitate job creation through financial support in the form of a conventional loan.
A specific component of this fund is reserved for the financial needs involved in business succession.
Support for Self-Employment
Support for Self-Employment is a financial measure that provides support and advice to people with promising projects in order to help them achieve a level of autonomy in the job market through the creation and development of their business or by helping them become self-employed workers.
Other programs may be available depending on upcoming economic policies at various levels of government.
Futurpreneur plays a leading role in the entrepreneurship experience of Canadians aged from 18 to 39 by providing financing, mentoring and tools that will help them build sustainable businesses and create value.
Fonds de microcrédit Agricole
The Fonds de microcrédit Agricole de La Haute-Yamaska is a financial aid consisting of interest-free loans for agricultural businesses that are starting-up, that are in the development process or diversification. These loans of up to $10 000 are to be paid back over a 5-year period.
Fonds local d’investissement (FLI) BUSINESS SUCCESSION
The FLI – business succession segment of Haute-Yamaska is for existing businesses, family business or others, with obligation to work there full time. The project’s goal must be the management and business transfers to an entrepreneur or group of entrepreneurs with a business succession plan over a 5 to 10-year period.
The Momentum Fund
A non-refundable financial assistance equal to 25% of the projects cost, up to a maximum of $10 000.
Businesses can apply under a wide range of categories, including digital transformation, ergonomics and physical distancing, psychological support, business model transformation, innovation, business succession, international market development, and investment in talent and energy-efficient equipment.