Development fund

The DEVELOPMENT FUND is a financial tool intended for existing businesses wishing to finance completely or in part the development of their business.

Eligible sectors

• Manufacturing (transformation)
• Distribution-wholesale
• Propulsive service industries
• Service
• Agricultural or related sector
• Retail

Financial aid

Up to $200,000 per business on eligible expenditures.

The repayment terms are adapted to the requirements of the business and the interest is established according to the risk tied to the file.

For what project?

• Purchase of inventory
• Purchase of equipment
• Purchase of fixed assets
• Expansion and leasehold improvements
• Patent registration
• Purchase of mobile equipment
• Purchase of specialized software and computer equipment

Eligibility

• Your business must operate within the territory served by the CAE
• You must present a business plan and/or any document relating to a financial aid application
• Your business must have been in operation for more than one (1) year
  and/or
• Your business must have been profitable and viable during the last three (3) years

Guarantees

• Personal guarantees from the promoters
• Obtaining tangible guarantees in accordance with the file’s assessment

Priorities

The CAE’s investment priorities focus on businesses operating in a low-competition sector that create or retain long-term employment and are managed by an efficient and competent team.