Sustainable Growth Investment — Agri-Environmental Enhancement of Cultivated Land
Highlights
This program is designed for you if you have investment projects in mind for your farm, regardless of your production sector or business stage. It offers up to $700,000 in financing, which can be a game-changer for your business. The financial assistance comes as an investment grant, conditional on a loan guarantee from La Financière agricole.
Why apply?
- Significant funding: Up to $700,000 available.
- Flexible use: Funds can be used for various productive and sustainable investments.
- Government-backed: The loan guarantee provides added security and confidence.
What's in it for you?
- Boost your growth: Invest in new equipment, technology, or infrastructure.
- Sustainable investments: Focus on long-term, productive projects.
- Ease of qualification: The program is designed to be accessible to businesses like yours.
By being approved, you can secure the necessary funds to propel your business forward, ensuring both growth and sustainability.
Financing Details
Type of Financing: Investment Grant
Loan Guarantee: The investment grant is conditional on a loan guarantee from La Financière agricole.
Maximum Financing Amount: Up to $700,000 per business.
Repayment Terms and Interest Rates:
- The grant is paid out over a three-year period.
- Specific repayment terms and interest rates are not applicable as this is a grant.
Eligible Expenses:
- Productive and sustainable investments.
- Investment projects in any production sector or business life cycle stage.
Ineligible Expenses:
- The funds cannot be used for non-investment purposes.
- Specific exclusions may apply based on the nature of the investment.
Fees:
- No specific fees associated with the grant itself.
- Any fees related to the loan guarantee from La Financière agricole may apply.
Qualifications
- Must be a farmer with investment projects.
- Business can be in any production sector.
- Business can be at any stage of its life cycle.
- Must obtain a loan guarantee from La Financière agricole.
Maximum eligible financing per business is $700,000.
Disqualifications:
- None specified in the provided context.
Description
This program offers your business a chance to receive up to $700,000 in financial assistance. This money comes as an investment grant, which is tied to a loan guarantee from La Financière agricole.
You can use this grant for various productive and sustainable investments, regardless of your production sector or the stage of your business. The funds are distributed over a three-year period, giving you the flexibility to plan and execute your projects effectively.
Key benefits include:
- Substantial financial support: Up to $700,000 available for your business.
- Flexible usage: Suitable for any investment project, no matter your business type or life cycle stage.
- Extended support period: Funds are spread over three years, allowing for thorough planning and implementation.
This program is designed to help your business grow sustainably, ensuring you have the resources needed to succeed.
Program Steps
Gather Required Documentation: Prepare the necessary documents to support your application. These include:
- Business plan
- Financial statements (last two years)
- Projected financial statements
- Details of the investment project
- Loan guarantee from La Financière agricole
Complete the Application Form: Fill out the application form provided by La Financière agricole. Ensure all sections are completed accurately.
Submit the Application: Submit the completed application form along with the required documentation to La Financière agricole.
Review and Follow-Up: After submission, La Financière agricole will review your application. Be prepared to provide additional information if requested.
Approval and Agreement: If approved, you will receive an investment grant conditional on a loan guarantee. Review the terms and conditions, and sign the agreement.
Receive Funds: Once all agreements are signed, the funds will be disbursed over a three-year period as per the program guidelines.
Implement the Project: Use the funds to implement your investment project as outlined in your application.
Report Progress: Periodically report the progress of your project to La Financière agricole as required by the program.
