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2023-2024 Results

2023-2024 Results

$40 million invested in local businesses over 40 years,
170% increase in loans granted to women entrepreneurs,
and a record year in eco-responsibility

 

Gatineau, June 10, 2024 – The SADC de Papineau-Collines, an organization dedicated to the economic development of the region, reveals the results of its 2023-2024 activities. Over the past year, more than $1.2 million in loans were invested to support the start-up, growth, and transfer of local businesses. As the SADC enters its 40th year of existence, these investments bring the financial support provided to our small businesses since 1984 to $40 million.

In addition to financial support, our advisors have invested over 1,000 hours in personalized coaching to help our businesses improve their practices and increase their competitiveness. Driven by the desire to promote young entrepreneurs, true pillars of the future of our region, our team has also committed to implementing regional projects such as the Défi OSEntreprendre Outaouais. This flagship project highlights entrepreneurial initiatives of young people and stimulates the entrepreneurial culture at the provincial level.

 

Highlights: Financial Support

  • $1.2 million in authorized loans
  • $2.1 million in economic benefits in the territory:
    • $935,000 in economic benefits in the City of Gatineau (Buckingham and Masson-Angers)
    • $751,719 in economic benefits in the MRC des Collines-de-l’Outaouais
    • $443,102 in economic benefits in the MRC de Papineau
  • 65% of loans were granted to women entrepreneurs
  • 170% increase in loans granted to women entrepreneurs since last year
  • 92% of businesses financed and supported over the past 5 years are still in operation
  • $40 million invested in local businesses since 1984, i.e., $40 million in 40 years.

 

More Responsible Practices

By adopting sustainable practices in its various operational processes, the SADC de Papineau-Collines aims to set an example for organizations in its territory by demonstrating that it is possible to reconcile operational efficiency, profitability, and environmental responsibility. This year, we have significantly reduced our GHG emissions, notably through the eco-responsible move of our offices to a new paperless environment.

Highlights: SADC Eco-responsibility

  • 49% reduction in our carbon footprint (7.29 TCO2e in 2022 vs. 3.67 TCO2e in 2023)
  • 2022 footprint offset by planting 19 trees and purchasing carbon credits
  • 96% of SADC activities are paperless
  • Eco-responsible move generated 0.13 TCO2e, which will be offset

 

Quote from Mélissa Bergeron, General Manager:

“As we celebrate the 40th anniversary of the SADC de Papineau-Collines, we are proud of the lasting impact we have had on the economic development of our region. Among the players in the local entrepreneurial ecosystem, few can claim such longevity, which demonstrates the relevance and effectiveness of our organization for local businesses.

We are particularly enthusiastic about continuing to focus on young entrepreneurs, who represent the future of our regional economy. Moreover, we are thrilled to see the strong growth in our support for women entrepreneurs this year. This remarkable increase highlights the importance of the role that women business leaders play in our territory, and we are delighted to support this positive dynamic.”

 

Consult the 2023-2024 Annual Report.

About the SADC de Papineau-Collines
The Société d’aide au développement de la collectivité (SADC) de Papineau is a non-profit organization that has been providing financial and technical services for nearly 40 years to stimulate job creation and economic development in the municipalities within its territory. A reference in rural entrepreneurship, it supports the implementation of local initiatives and assists community organizations in the deployment of structuring projects. The SADC is a member of the Réseau des SADC et CAE, which includes 57 SADCs and 10 CAEs working to make the regions of Quebec more dynamic.

Write to the SADC Papineau-Colline