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05 Dec 2017

LAUNCH OF THE CARBON CREDIT PROJECT FOR SMALL BUSINESSES

 QUÉBEC, December 2, 2017 - The Réseau des SADC (Société d’aide au développement des collectivités) et CAE (Centre d’aide aux entreprises) is proud to launch its new Carbon Credit pilot project today, which aims to provide access to the carbon credit market to approximately 150 regional small businesses.

 

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01 Nov 2016

A new initiative to help businesses face economic challenges

BATISCAN, Mauricie, October 11, 2016 – The Réseau des SADC et CAE is proud of the announcement made today by François-Philippe Champagne, Parliamentary Secretary to the Minister of Finance and Member of Parliament for Saint-Maurice–Champlain, on behalf of the Minister of Innovation, Science and Economic Development, the Honourable Navdeep Bains, who is also the Minister responsible for Canada Economic Development for Quebec Regions (CED), of the implementation of the new Small Business Support initiative.

Thanks to this initiative, which involves $4.5M over three years, entrepreneurs in the regions will be able to access expertise and support through CFDCs and CBDCs for implementing strategies concerning the following major economic challenges:

-          Innovation

-          Business succession and transfer

-          Sustainable development

-          The integration of information technology and online sales

According to Daniel Dumas, President of the Réseau des SADC et CAE, “these issues are significant challenges for businesses in the regions. Managing a business is increasingly complex, and entrepreneurs do not always have the tools to implement a succession plan or an online sales, innovation or sustainable development strategy. Those take time, thought and expertise, and through this initiative, we will be able to help entrepreneurs in their process.”

The four targeted challenges are also important areas of intervention for CFDCs and CBDCs, who are very proactive in these areas.


An additional $4.5M

Quebec’s 67 CFDCs and CBDCs will share $4.5M amongst themselves over three years to allow entrepreneurs access to support and financing to cover up to 90% of the fees charged by specialized professional resources.

For more details about this initiative, entrepreneurs should contact their region’s CFDC or CBDC. To find your CFDC or CBDC, visit www.sadc-cae.ca

Renewed agreements between CFDCs and CBDCs from the Mauricie region and the Government of Canada
Mr. Champagne also took advantage of today’s press conference in Batiscan to unveil the amount allocated to CFDCs and CBDCs in the Mauricie region as part of a new three-year agreement between CED and Quebec’s CFDCs and CBDCs, as announced in July.

The region will receive an injection of $5,349,699 through the Mauricie’s CFDCs and CBDCs: the SADC de la Vallée de la Batiscan, the SADC Centre-de- la- Mauricie, the SADC du Haut St-Maurice, the SADC de la MRC de Maskinongé and the CAE Laprade Trois-Rivières.

These agreements total approximately $86M for all of Quebec and will be an opportunity to strengthen and maintain this productive partnership with the Government of Canada, for the benefit of all citizens of the regions of Quebec.

About the Réseau des SADC et CAE
The Réseau des SADC et CAE is a network of 57 Community Futures Development Corporations (CFDCs) and 10 Community Business Development Corporations (CBDCs) that have been working in community economic development for 37 years. The Réseau’s 400 professionals and more than 1,000 volunteers initiate and support formative projects in their communities and support entrepreneurs in their projects. Each year, $8.25M is invested in ongoing local development projects and more than 10,000 entrepreneurs receive services from a CFDC or a CBDC.

23 Nov 2017

PORTRAIT OF YOUNG ENTREPRENEURS IN QUEBEC

HISTORY OF THE YOUTH STRATEGY

OUR YOUTH STRATEGY IS CELEBRATING ITS 20TH ANNIVERSARY THIS YEAR. LET’S USE THIS OPPORTUNITY TO TAKE A LONG LOOK BACK AT THE PAST AND REMEMBER HOW THIS WONDERFUL ADVENTURE STARTED…

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26 Sep 2016

SADC and CAE receive $86M for the regions of Quebec

Luskville, Pontiac, July 19, 2016 - The Réseau des SADC et CAE is very pleased with the announcement made today by Mr. Greg Fergus, Parliamentary Secretary to the Minister of Innovation, Science and Economic Development, Mr. Navdeep Bains, who is also the Minister responsible for the Canada Economic Development for the Regions of Quebec (CED), of the signing of a new three-year agreement between SADC (Community Futures Development Corporations) and CAE (Community Business Development Corporations) of Quebec.

More than $86M will be injected into the regions of Quebec via the 67 member corporations of the Réseau des SADC et CAE. According to Mr. Daniel Dumas, President of the Réseau des SADC et CAE, “this is excellent news that will allow our members to continue their fieldwork with entrepreneurs and municipalities. For 37 years, our role has been evolving and our expertise has been further developing in order to respond in an efficient and relevant way to the socio-economic challenges we face. We believe that the excellent achievements of the 400 professionals and 1,350 volunteers who work with the SADC and CAE on the economic development of their communities have been recognized, and that these accomplishments have greatly influenced the Government of Canada in the making of this decision.”

This announcement also confirms Canada Economic Development’s contributions to the special initiatives that will allow SADC to support local development projects and youth internships. The SADC and CAE will also prioritize interventions with entrepreneurs in the areas of innovation, business transfer, sustainable development and information technology, areas in which they have developed a solid expertise over the years.

In addition, the age limit for participating in the Youth Strategy initiative will be raised from 35 to 39 inclusive. This initiative allows young entrepreneurs, or those who would like to become entrepreneurs, to access financing and support that is adapted to their needs.

Finally, these agreements will be an opportunity to strengthen and maintain this productive partnership with the Government of Canada, for the benefit of all citizens of the regions of Quebec.

Some of the results of our work

  • $8.25M has been invested in local development projects.
  • 10,000 entrepreneurs receive help from a SADC or CAE each year.
  • $60M, on average, has been invested in businesses in the regions each year.
  • According to a recent study by Statistics Canada, businesses supported by SADC and CAE have a survival rate that is 26% higher than the control group (76% after five years of existence, compared to 50%).
  • 8,614 young entrepreneurs have been supported and financed by the SADC and CAE since 1997, which is a total investment of $107.5M.

    SADC et CAE financement

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