Our first grant

Yesterday I wrote about a loan from the Ministry  of the Economic Development Agency of Canada for the Regions of Quebec, but our first public funding came from something very close to our place of business, the Sainte-Therese CLD (Local Development Center).

In Quebec, CLDs exist to incite economic growth in their region; it was naturally a good place to start looking for help with our project. Early in the summer they awarded us a grant for young entrepreneurs. Our business plan was presented to a selection committee that was eager to have our company founded in Sainte-Therese. It was also with the CLD that we first got in touch with the federal and provincial governments to look into financial programs to help start-ups. That got us to the Ministry of the Economic Development Agency of Canada for the Regions of Quebec.

You need to take baby steps and start to convince accessible people that your project is viable, and with their help you’ll work your way to bigger investors and creditors. It’s also easier to check out the local help when you know where you want to setup your place of business.

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