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Optimization Assistance Program

Up to $25,000
Type
Application Difficulty
EASY
Time To Complete4 weeksProgram Budgetno cap
See If You Qualify

Highlights

You have a fantastic opportunity to access up to $25,000 in non-repayable financial assistance through this program. This funding covers 50% of your total project costs, allowing you to invest in innovative solutions for your business without the stress of repayment. Imagine enhancing your operations, developing new products, or adopting cutting-edge technologies—all while significantly reducing your costs.

This program specifically supports small and medium-sized enterprises in sectors like manufacturing, agri-food, food processing, and information and communications technology. By applying, you position your business to not only stay competitive but also unlock potential growth that could change the landscape of your operations. The process is designed to be straightforward, making it easier for you to access the funds you need to turn your ideas into reality.

Don't miss out on this chance to elevate your business. The application process is manageable and tailored for you, so consider how this funding could be the catalyst for your next big leap forward.

Financing Details

This financing comes in the form of non-repayable financial assistance. You can receive up to 50% of the total project cost, with a maximum contribution of $25,000. This means you don’t have to pay back this amount, making it a great opportunity to fund your innovation projects.

Eligible expenses for this financial assistance include costs associated with projects in the manufacturing, agri-food, food processing, and information and communications technology sectors. You can use the funds to cover various project-related costs, which can help light the path for innovation in your business.

It's important to note that these funds cannot be used for expenses outside the eligible activities listed above. Additionally, there are no fees associated with this program, which means you'll receive the full benefit of the funding without hidden costs. This is a fantastic chance for your business to grow and innovate without the burden of repayment.

Qualifications

  • Must be a small or medium-sized enterprise (SME).
  • Must operate in the MRC Beauce-Centre.
  • Eligible sectors include:
    • Manufacturing
    • Agri-food and food processing
    • Information and communications technology
  • No minimum or maximum number of employees.
  • No minimum or maximum company revenue.
  • All legal structures are applicable.
  • All profit structures are applicable.

Disqualifications:

  • Businesses outside the MRC Beauce-Centre are disqualified.
  • Businesses in sectors not specified (manufacturing, agri-food and food processing, information and communications technology) are disqualified.

Description

You can access up to $25,000 through this program to help stimulate innovation in your business. The funding covers 50% of your total project costs, which means you can invest in new ideas without carrying the entire financial burden. This assistance is a straightforward, non-repayable grant so you won’t have to worry about paying it back.

This program focuses on supporting small and medium-sized enterprises (SMEs) in the manufacturing, agri-food, food processing, and information and communications technology sectors. The funding can be used for various projects that aim to drive innovation, helping your business stay competitive and grow.

By tapping into this opportunity, you can enhance your operations, develop new products, or adopt new technologies—all while reducing your costs. It's designed to simplify the funding process and make it easier for you to implement your plans. Your business can truly benefit from this program, so consider how these funds could help you reach your goals.

Program Steps

  1. Identify Your Project
    Determine the innovative project you want to fund. This could be enhancing operations, developing new products, or adopting new technologies.

  2. Prepare Documentation
    Gather the necessary documents for your application:

    • Detailed project proposal outlining your objectives and expected outcomes
    • A clear budget breakdown of the project costs
    • Business registration documents
    • Financial statements (recent balance sheet and income statement)
    • Any relevant permits or licenses related to your business activities
  3. Complete the Application Form
    Fill out the application form with accurate information about your business and the project you want funding for.

  4. Submit Your Application
    Send your completed application form along with the required documentation through the specified application process.

  5. Await Notification
    After submission, wait for feedback on your application. You will be notified about the outcome and any next steps.

  6. Implement Your Project
    If approved, start implementing your project as planned, leveraging the funding to reach your innovation goals.

Visit Program Website