Closed
Source verified August 6, 2026
CieNOV — FRIC Fund
Flexible working-capital financing for local businesses
Offered by
Funding available
$ 5,000 - $ 30,000
Deadline
Closed
Location
Canada
Overview
CieNOV — FRIC Fund offers $5,000 to $30,000 per enterprise to small businesses in the MRC de L’Assomption, supporting working-capital needs through flexible short-term financing. It is also available to legally constituted enterprises, and economic-purpose non-profits may qualify under conditions.
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At a glance
Funding available
Financing goals
- No objectives are currently available
Eligible Funding
- Maximum amount : 30,000 $
- Minimum amount : 5,000 $
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- Canada
Legal structures
- All legal structures
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Working capital needs.
- Commercial development or transformation projects.
- Projects aimed at improving customer experience or productivity.
Eligibility
Who is eligible?
- Small businesses located in the MRC de L’Assomption.
- Legally constituted enterprises, regardless of legal form.
- Economic-purpose non-profits, under conditions.
Ineligible Costs and Activities
- Activities of a sexually explicit nature or not compliant with ethics.
Eligible geographic areas
- MRC de L’Assomption
Additional information
- The fund is developed in partnership between CieNOV and the SADC Achigan-Montcalm.
- It is presented as a complementary financial product within the broader tools offered by CieNOV and the SADC.
- It emphasizes flexibility, rapid analysis, and personalized support from business development experts.
Contacts
Frequently Asked Questions about the CieNOV — FRIC Fund Program
What is the CieNOV — FRIC Fund?
CieNOV — FRIC Fund offers $5,000 to $30,000 per enterprise to small businesses in the MRC de L’Assomption, supporting working-capital needs through flexible short-term financing. It is also available to legally constituted enterprises, and economic-purpose non-profits may qualify under conditions.
How much funding can be received?
CieNOV — FRIC Fund Funds up to $30,000 of admissible expenses.
Who is eligible for the CieNOV — FRIC Fund program?
To be eligible for the CieNOV — FRIC Fund program, you must:
The applicant must be a small business located in the MRC de L’Assomption.
The applicant must be a legally constituted enterprise, regardless of legal form.
Economic non-profits may be eligible under conditions.
What expenses are eligible under CieNOV — FRIC Fund?
Working capital needs.
Commercial development or transformation projects.
Projects aimed at improving customer experience or productivity.
Who can I contact for more information about the CieNOV — FRIC Fund?
You can contact MRC de L'Assomption by email at info@cienov.ca or by phone at 450-654-6488.
Where is the CieNOV — FRIC Fund available?
The CieNOV — FRIC Fund program is available across Canada.
Is the CieNOV — FRIC Fund a grant, loan, or tax credit?
CieNOV — FRIC Fund is a Loans and Capital investments