Services
Expertises
Resources
Who we are
Contact us
Open

MRC Charlevoix-Est — Local Investment Fund (FLI) and Local Solidarity Fund (FLS)

Financing for business growth and succession

Offered by
MRC Charlevoix-Est

Record updated

Funding available
$ 125,000
Up to 80% of project cost
Deadline
Open continuously
Location
Quebec, Canada
Who can apply
Legally incorporated businesses
See full eligibility

Overview

Financing support for business projects in MRC Charlevoix-Est, with a maximum of $125,000 from the FLI and $100,000 from the FLS. It supports startups, expansion, equipment purchases, business acquisitions, and succession projects.

At a glance

Funding available

Maximum funding
$125,000
Maximum share of project costs
80%
Financing goals
  • Develop strategic partnerships
  • Increase production or service capacity
  • Increase operational productivity
  • Complete an acquisition or business transfer
  • Optimize production processes
  • Strengthen organizational capacity
  • Access new markets
  • Start a business
  • Launch or market a product/service
  • Renovate or expand facilities
  • Ensure financial sustainability

Eligible candidates

Location
  • Charlevoix-Est
  • Capitale-Nationale
  • Quebec
Eligible Industries
All industries
Annual revenue
All revenue ranges
Organisation size
All organization sizes
Audience
  • Startups
Legal structures
Non-profit, Sole proprietorship, Public or Parapublic institution, Social economy enterprise, For-profit business
Non-profit candidates
Sector of operation
Economic, Social and Community Development, Employment and Training
Target groups
Rural / Remote communities, Business owners / entrepreneurs, Nonprofits / charities
Revenue structures
Mixed revenue (50%+ earned)
Scope
Regional

Start applying for this program

Take a practical assessment to gain a clear understanding of how well this program aligns with your specific needs and long-term goals.

Availability timeline

2026
Periods: 1

Eligibility

Who is eligible?

  • Legally incorporated businesses
  • Businesses operating in the MRC Charlevoix-Est
  • Social economy enterprises
  • Entrepreneurs pursuing business succession

Who is not eligible

  • Businesses in the tobacco industry
  • Businesses deriving more than 10% of gross sales from weapons production or sales
  • Businesses with environmentally non-compliant activities
  • Businesses with a history of labour or human rights non-compliance
  • Pre-startup projects and recreational cannabis products

Eligible expenses

  • Capital expenses such as land, buildings, equipment, machinery, vehicles, and incorporation fees
  • Technology, software, and patent acquisition
  • Working capital for the first year of operations or the first year after an expansion project
  • For succession projects: purchase of ownership shares or assets, plus related professional fees

Ineligible Costs and Activities

  • Expenses incurred before the official application is received
  • Operating costs and debt servicing
  • Refinancing of future loans or already completed projects
  • Pre-startup projects
  • Recreational cannabis products and certain cannabis derivatives

Eligible geographic areas

  • MRC Charlevoix-Est, Quebec

Activities funded

  • Business start-up
  • Equipment purchase or renewal
  • Business acquisition and succession
  • Bridge financing for confirmed revenue
  • Expansion, modernization, innovation, or export-related growth

How to apply

  • Step 1: Prepare the project file
    • Develop a complete business plan.
    • Gather the required financial and technical documents.
  • Step 2: Submit the financing request
    • Send the official request to the MRC Charlevoix-Est or its delegated body.
    • Pay the file opening fee if required.
  • Step 3: File review
    • The project is analyzed against the fund’s eligibility and investment criteria.
    • The committee determines the appropriate financing structure.
  • Step 4: Decision and agreement
    • If approved, sign the financing contract with the MRC.
    • Proceed with the agreed disbursement and repayment terms.

Documents Needed

  • Complete business plan
  • Financial statements for the last three years
  • Financial forecasts for the next three years
  • Business valuation
  • Agreement between the young promoter and the owner(s)

Selection criteria

  • Economic viability and repayment capacity
  • Job creation and job retention impact
  • Experience and management skills of promoters
  • Quality of labour relations
  • Support from other financial partners

Processing and Agreement

  • Applications are reviewed to determine the type and level of possible financing.
  • The committee assesses the project against the fund’s investment criteria.
  • Approved projects require a contract with the MRC Charlevoix-Est.
  • The contract sets out funding conditions, payment terms, and obligations.
  • In case of non-compliance, the fund may use legal recovery measures.

Additional information

  • Technical support is available to help promoters prepare their file.
  • Opening fees of $250 per file are non-refundable.
  • Monitoring fees of 1.5% of the initial loan amount are deducted at disbursement.
  • Projects are assessed according to the fund’s investment policy and portfolio balance.
Add helloDarwin as a preferred source on Google

Frequently Asked Questions about the MRC Charlevoix-Est — Local Investment Fund (FLI) and Local Solidarity Fund (FLS) Program

What is the MRC Charlevoix-Est — Local Investment Fund (FLI) and Local Solidarity Fund (FLS)?

Financing support for business projects in MRC Charlevoix-Est, with a maximum of $125,000 from the FLI and $100,000 from the FLS. It supports startups, expansion, equipment purchases, business acquisitions, and succession projects.

How much funding can be received?

MRC Charlevoix-Est — Local Investment Fund (FLI) and Local Solidarity Fund (FLS) Funds up to 80% of admissible expenses, capped at $125,000 per project.

What is the deadline to apply?

The program is accepting continuous intake

Who is eligible for the MRC Charlevoix-Est — Local Investment Fund (FLI) and Local Solidarity Fund (FLS) program?

To be eligible for the MRC Charlevoix-Est — Local Investment Fund (FLI) and Local Solidarity Fund (FLS) program, you must: Legally incorporated business Active in MRC Charlevoix-Est Project supports viability and jobs

What expenses are eligible under MRC Charlevoix-Est — Local Investment Fund (FLI) and Local Solidarity Fund (FLS)?

Capital expenses such as land, buildings, equipment, machinery, vehicles, and incorporation fees Technology, software, and patent acquisition Working capital for the first year of operations or the first year after an expansion project For succession projects: purchase of ownership shares or assets, plus related professional fees

Where is the MRC Charlevoix-Est — Local Investment Fund (FLI) and Local Solidarity Fund (FLS) available?

The MRC Charlevoix-Est — Local Investment Fund (FLI) and Local Solidarity Fund (FLS) program is available Capitale-Nationale, Quebec.

Is the MRC Charlevoix-Est — Local Investment Fund (FLI) and Local Solidarity Fund (FLS) a grant, loan, or tax credit?

MRC Charlevoix-Est — Local Investment Fund (FLI) and Local Solidarity Fund (FLS) is a Grant and Funding