Local investment funds Support policy for businesses Support policy for growth-generating projects Economic diversification fund

Support policy for growth-generating projects to improve the living environment

The goal of the support policy for growth-generating projects to improve the living environment (Politique de soutien aux projets structurants) is to advance development, diversification and job prospects. The projects in question must demonstrate positive benefits for citizens’ quality of life.

Targeted projects and sectors

  • Tourism: Support and development of growth-generating projects, with priority given to development projects that target diversification of the offer
  • Entrepreneurship: Support and development of collaborative projects that promote entrepreneurship, including those in the social economy sector
  • Community and immigration: Activities aimed at developing and enhancing the Trois-Rivières community
  • Development of the arts and culture: Support for the cultural enrichment of the Trois-Rivières region

Eligible organizations

  • Cooperatives
  • Non-profit organizations
  • Private incorporated companies, with the exception of private businesses in the financial sector
  • Publicly-owned enterprises, such as municipal and Aboriginal corporations 

Types of eligible expenses

  • Capital assets (leasehold improvements, professional fees associated with capital assets) and equipment such as machinery or rolling stock
  • Collaborative projects to implement information tools such as websites and their associated translation costs
  • Analysis projects requiring specialized expertise in order to set up a growth-generating initiative
  • The purchase of technologies, software or software packages, patents or any other expense of this type, excluding research and development activities
  • Expenses related to marketing (e.g. fees or salaries associated with market development)
  • Social security costs and salaries exclusive to the project, or a pro-rated proportion of time spent on the project if the employees are responsible for other tasks as well

Features of the financial assistance 

  • This financial assistance consists of a non-repayable grant
  • The maximum amount of the financial assistance allocated is $20,000 per project. This amount may be increased to a maximum of $40,000 if the project demonstrates a broad collaborative scope and involves more than three partners
  • The rate of assistance is a maximum of 80% of the allowable costs for non-profit organizations and 50% for for-profit organizations and businesses. These maximums reflect the combination of federal, provincial and municipal assistance as well as all tax credits that apply to the activity
  • For feasibility studies, the rate of assistance may be increased up to 90% of eligible costs. Financial forecasts will not be required in these cases
  • Projects retained will be subject to a memorandum of understanding between Innovation et Développement économique Trois-Rivières (mandated by the City of Trois Rivières) and the proponent. This memorandum will define the conditions covering the disbursement of the financial assistance and the obligations of the parties

Selection criteria

The financial envelope dedicated to growth-generating projects to improve the living environment does not allocate a specific pool of funds per sector. The best projects are selected, with each eligible project evaluated according to the following selection criteria: 
  • Growth-generating impact of the project (local priority, tangible benefits, project undertaken with other partners, potential for job creation)
  • Financial structure and package of the project (contribution of the proponent, rigorous search for financing, applicability of the assistance requested, financial health of the proponent, reliable, realistic financial data, self-financing prospects). The sustainability of the organization must be demonstrated
  • Relevance of the project (targeted clientele, uniqueness of the project, competition, quality of the offer, innovation)
  • Feasibility of the project (realistic timeline, marketing and communication strategy, quality of the business plan)
  • Proponent’s expertise and experience

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