The Covid-19 pandemic has affected several companies. Entrepreneurs need more support than ever to get through this extremely difficult time and plan for recovery. The SADC Vallée-de-la-Gatineau, Pontiac, Papineau and CAE Rive-Nord for the Argenteuil MRC, have received $3.3 million from Canada Economic Development for Quebec Regions (CED) in the framework of the Regional Relief and Recovery Fund (RRRF). This financial contribution will help businesses that have not so far been unable to benefit from the support of the federal government.
Each SADC will therefore receive an amount of $ 1,059,691 and the CAE Rive-Nord will receive $ 211,938 for the MRC d’Argenteuil.
Entrepreneurs are invited to make a request to their SADC or CAE. To verify their eligibility for the RRRF and find their regional SADC or CAE: sadc-cae.ca.
More than financing
The assistance granted by the SADCs and CAEs can be in the form of working capital of up to $40,000 or even in the form of a non-repayable financial contribution for technical assistance needs such as expertise specialized in key areas currently with our clienteles such as adapting to health measures, developing a financial continuity plan to prepare for the future or even the adoption of technologies for online commerce.
The SADCs or CAEs may also carry out or collaborate on local economic development initiatives such as training for businesses, promotion of local purchasing, downtown revitalization operations and advertising campaigns.