Paul Lecomte
•Als PPTX, PDF herunterladen•
0 gefällt mir•1,375 views
Empfohlen
Weitere ähnliche Inhalte
Ähnlich wie Paul Lecomte
Ähnlich wie Paul Lecomte (20)
Mehr von Sustain Ontario - The Alliance for Healthy Food and Farming
Mehr von Sustain Ontario - The Alliance for Healthy Food and Farming (20)
Paul Lecomte
- 1. Alternative Quebec agricultural youth fund May 25th 2013 Food Farms Fish and Finance Forum Paul Lecomte, agronomist Director General
- 2. Alternative Quebec agricultural youth fund Context Limitations in capital access Barriers to entry Starting and transfer Small regional enterprises Financing tools Support and logistics
- 3. Alternative Quebec agricultural youth fund 25 M$ FSTQGovernment of Quebec CRCD 25 M$ 25 M$ Partners FIRA Advisory commitee
- 4. Support young agricultural entrepreneurs with business start-up, development or transfer project with alternatives financial solutions and venture capital Mission
- 5. Organization 5 Launched March 11, 2011 Staff : • 1 manager (full time) • 3 advisors and • 2 assistants / technicians Networked with partners and market councelors
- 6. Des solutions à l’accès à la propriété pour la relève agricole 6 Types of project Business start-up Development Transfer
- 7. Alternative Quebec agricultural youth fund 7 Customers profile 18 to 39 years of age Must have completed or obtained official recognition of education (level III minimum) $ 30 000 business volume or more at maturity Legal entities: Individual, company, corporation, cooperative Own at least 20 % shares of the company
- 8. Des solutions à l’accès à la propriété pour la relève agricole 8 FIRA’s benefits Organizational Projects planning Financial Access to additional funds Equity Access to farm without buying Alternative Quebec agricultural youth fund
- 9. Alternative Quebec agricultural youth fund 9 Business Plan Description / vision / planning 5 years projections Coaching plan FIRA’s benefits
- 10. Addition to down payment Priority creditors leverage No payment of principal or interest for 3 years allowing to start the project and improve liquidity Loan
- 11. 11 Loan We top up down payments Up to $ 250,000 for 15 years Leverage creation through second mortgage loan Attractive rates for risk capital
- 12. 12 Qualification Must provide equal amount of funds Entrepreneurial profile Viable project with reasonable conditions to succeed Loan
- 13. Alternative Quebec agricultural youth fund 13 Equity Up to $ 500,000 Over a 15 years horizon Minority participation of FIRA Expert partners available to enterprise advisory board Contribution to financial structure
- 14. Alternative Quebec agricultural youth fund Equity examples
- 15. Purchase and rental 15 Property acquisition by FIRA Up to 15 years leases Tenant ability to terminate lease yearly Tenant exclusive right of redemption Fair rent Avoids the immobilization of start up capital Eases youth access to agriculture
- 16. Purchase and rental 16 Benefits Exclusive right of redemption through entire lease Minimizes down payment needs Establishment / progressive expansion
- 17. Des solutions à l’accès à la propriété pour la relève agricole Paul Lecomte, agr. Chief executive officer 1400, boul. de la Rive-Sud Saint-Romuald (Québec) G6W 8K7 Phone : 1 855 270-FIRA (3472) (Toll free) Fax : 418 834-FIRA (3472) Email : paul.lecomte@lefira.ca Alternative Quebec Agricultural youth funds Visit our website lefira.ca