CED — Economic Development Initiative — Official Languages — For-profit

📋 Eligible Entities - For-profit businesses and enterprises - Private companies operating in Quebec - Businesses that serve or are located in official-language minority communities - Corporations of any size (small, medium, or large enterprises) - Self-employed individuals operating as for-profit entities - Ineligible: Non-profits, charities, government agencies, sole proprietors operating without incorporation ### 💰 Funding Details - Maximum Contribution: Up to 50% of eligible project costs - Funding Type: Repayable contribution (loan-based, not a grant) - Repayment Required: Yes — funds must be repaid according to agreed terms - Matching Requirement: Applicant must cover minimum 50% of project costs from own resources - Specific Amount: Not specified in program description; determined on case-by-case basis - Interest/Terms: To be negotiated with funding administrator ### 🛠️ Approved Expenses - Economic development activities supporting official-language minority communities - Business expansion and growth initiatives - Job creation projects - Market development and business diversification - Infrastructure and facility improvements - Equipment and technology investments (where linked to community development) - Training and workforce development programs - Scope: Broad range of activities supporting economic viability of official-language minority communities in Quebec ### ⚠️ Conditions & Milestones - Geographic Focus: Projects must support economic development in official-language minority communities (primarily English-speaking communities in Quebec) - Repayment Obligation: Funds are non-forgivable and must be repaid per agreement terms - Cost-Sharing: Applicant responsible for securing and documenting 50% of project financing - Project Scope: Activities must demonstrably benefit the targeted official-language minority community - Documentation: Complete project proposal and financial justification required - Accountability: Progress reporting and milestone verification likely required throughout funding period - Compliance: Must adhere to all program guidelines and eligibility criteria throughout project execution