In order to offer immediate support to Vaudreuil-Soulanges businesses, DEV has implemented temporary economic measures, in addition to government assistance.
The V-19 Assistance Program was put in place to help businesses on the Vaudreuil-Soulanges territory. This financial assistance is intended to support short-term liquidity needs (0-3 months):
To file an application, the entrepreneur will have to submit the Application Form below, along with all the required documentation, by email to info@developpementvs.com.
For any additional information, please contact us at 450 424-2262.
This program aims to support, for a limited period, eligible businesses that are experiencing financial difficulties as a result of COVID-19 and that require less than $50,000 in cash.
The following companies are eligible to the program:
To be eligible, the business must:
This program comes in the form of loans of up to a maximum of $50,000, at an interest rate of 3% and has a 3-month moratorium period on capital and interest. Borrowers should expect an amortization period of 36 months, excluding the payment moratorium.
To file an application, the entrepreneur will have to submit the Application Form below, along with all the required documentation, by email to info@developpementvs.com.
For any additional information, please contact us at 450 424-2262.
The Quebec government is enhancing the Emergency Assistance for Small and Medium-Sized Businesses program. The new stream of the program, ABRUMA, will help support businesses located in a maximum alert zone that must partially or completely cease operations, having been subjected to a Ministerial Order to close. Companies that are eligible for the new stream of the program could have 80% of their loan forgiven (grant) up to a maximum of $15,000 per month of closure*, under certain conditions.
*In effect starting in October 2020 with possible extension until March 31st.
To be eligible for loan forgiveness, organizations must:
To be eligible for the new assistance stream for businesses in regions under maximum alert, for-profit businesses, cooperatives and social economy enterprises carrying out commercial activities in the Vaudreuil-Soulanges region must be subjected of a Ministerial Order to close at least 7 days out of the month.
The same eligibility conditions as for the FLI Emergency Assistance Program for SMEs apply (new applications), as the type of assistance and terms of repayment are also the same (see program above) . Loans granted prior to October 1, 2020 are not eligible for loan forgiveness.
To file an application, the entrepreneur will have to submit the Application Form below, along with all the required documentation, by email to info@developpementvs.com.
For any additional information, please contact us at 450 424-2262.
For the latest program developments, you can also visit the Quebec government site.