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SADC de Baie-des-Chaleurs
Investment Fund
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Investment Fund

Investment Fund

The SADC investment fund is an effective vehicle for community development. The SADC manages the fund and decisions are made locally, all for the purpose of promoting job creation and maintenance within SADC territory.

Financial and Technical Support

  • Investment additional to that offered by other financial institutions; 
  • Investment in the form of loans or capital stock; 
  • Amounts granted never exceed $150,000 and are repayable; 
  • Flexible repayment plans adapted to the needs of the business in question; 
  • Personal bond required; 
  • SADC supports promoters throughout the process.

Eligibility Criteria

Businesses must:

  • Have their head office, principal place of business and related jobs located within the territory served by the SADC de Baie-des-Chaleurs; 
  • Be profit-making corporations; 
  • Work within a field of activity corresponding to the development orientations determined by the community for the primary, secondary and service industry sectors; 
  • Be already in existence, at the start-up phase, or in the process of expanding or being transferred;
  • Create or maintain jobs; 
  • Demonstrate significant growth potential and prospects for profitability and viability.

 Financial Assistance Request

 
       
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Canada Economic Development offers a financial support to the SADC
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