Supporting the economic vitality of the region
The Local Economic Development Program is aimed at a comprehensive approach to regional economic development that promotes community self-reliance and independence through initiatives with an economic purpose.
The Local Economic Development Program is divided into two areas of intervention:
- A non-refundable financial contribution to support an initiative with an economic purpose
- The deployment of technical assistance activities to help entrepreneurs with specific issues in their business.
Financing programs
The Local Economic Development Program is aimed at a comprehensive approach to economic development in the 17 municipalities of the Memphremagog region.
The goal is to foster community self-reliance and independence, by and for the community.
Eligible projects address economic, social and environmental concerns in a sustainable development perspective. It aims to support local initiatives that have an economic purpose.
A non-refundable financial contribution may be made available to the initiators of structuring projects.
Our internal and external resources provide technical support to small businesses, including NPOs, on an as-needed basis.
Consulting and coaching services on various business-related issues are available to improve business practices and ensure sustainability.