Communities of the Chrysotile Industry

Part of the REGI and QEDP program

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Eligibility

Designated communities

  • Des Sources RCM
  • Des Appalaches RCM

Examples of eligible clients

  • Small and medium-sized enterprises
  • Business support organizations
  • Non-profit organizations
  • Des Sources and Des Appalaches municipalities and regional country municipalities (RCMs)

Examples of non-eligible clients

  • Retail businesses, e.g. clothing stores, grocery stores and automobile maintenance and sales
  • Food services, e.g. restaurants, cafés
  • Transportation services
  • Housing construction
  • Daycare services
  • Hair and beauty salons
  • Nightclubs, bars, cabarets

If you are among the non-eligible clients, we invite you to consult our network of partners that may be able to help you.

Main analysis criteria

Project analyses are based on specific criteria, including:

  • demonstration of the need for funding for the proposed activity (i.e., the proposed activity could not be carried out without a financial contribution from the initiative);
  • 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;
  • availability of funding;
  • timeliness of implementation of your project.

Activities that can be supported

Examples of eligible activities

  • Preparation of revitalization plans and development of strategies to attract investment
  • Establishment or creation of new businesses
  • Purchase of equipment or adoption of new technologies
  • Business extension or expansion
  • Development of new products and services
  • Management capacity building
  • Fit-up, upgrading, expansion or construction of facilities

Financial assistance

Types of assistance

  • Repayable contribution
  • Non-repayable contribution for non-profit projects

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 by CED 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, including:
  • refinancing of an existing debt;
  • depreciation costs;
  • costs associated with wear and tear.

Submitting a project

The application period for this initiative is now closed.

Success stories

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