Home Local Economic Development

Support and Financing for Local Initiatives

We support local organizations in implementing initiatives aimed at stimulating the region’s economic growth and community vitality.

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Local Economic Development
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A Lever for Structural and Innovative Projects Benefiting the Community

We work in collaboration with local economic development organizations to carry out initiatives that address the region’s economic challenges by supporting projects such as:

  • Supporting local initiatives including those targeting youth, business transfers, innovation, sustainable management, digital transformation, and workforce deployment challenges
  • Conducting sector or regional analyses and studies
  • Organizing knowledge transfer activities such as group training sessions, peer exchange workshops, advisory services, or collective support for SMEs
  • Organizing awareness, networking, consultation, and facilitation activities to bring together local stakeholders around an economic challenge
  • Getting involved in committees or roundtables
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Services
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Our Local Economic Development Services

Support

Free
Provided internally

A CAE Memphremagog team member can support you at every stage of your project’s development. Thanks to its network of contacts, CAE works closely with the community’s socioeconomic organizations.

Financial Support

Customized
Free

In collaboration with community partners, CAE Memphremagog actively contributes to the region’s attractiveness and vitality by financially supporting projects that promote the community’s sustainable development, entrepreneurship, and economic growth.

FAQ
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Frequently Asked Questions — Local Economic Development

What exactly is a local economic development initiative?

It is an activity that concerns a group of stakeholders, not a single entrepreneur. It addresses an economic issue or concern of regional interest, such as business succession, digitization, eco-responsible development, affordable housing or other collective challenges.

What types of activities are supported?

Training activities, expert presentations, or networking activities around a common issue.

Who can submit a request related to local economic development?

Any person or group wishing to organize the type of supported activity, provided it is directed at a group of stakeholders.

Could a community of practice be an eligible activity?

Absolutely, since a community of practice concerns a group of stakeholders. The topic must, however, be related to issues with an economic impact.

Request
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Submit Your LED Request

A First Step Toward Bringing Your Project to Life

Start your process now with CAE. One of our advisors will contact you to plan the next steps!