Open
Last Update: April 9, 2026
Funding available
$ 250,000
Timeline
- Open continuously
Location
Montérégie, Quebec, Canada
Overview
This program provides financing of up to $250,000 per company for business start-up, expansion, acquisition, and succession projects. It supports viable businesses and projects that create jobs and contribute to local economic development.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Increase production or service capacity
- Increase operational productivity
Eligible Funding
- Maximum amount : 250,000 $
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- All industries
Location
- Pierre-De Saurel
- Montérégie
- Quebec
Legal structures
- Non-profit
- Public or Parapublic institution
- For-profit business
- Social economy enterprise
- Non-financial cooperative
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Canadians
- Startups
Non-profit candidates
Sector of operation
- Economic, Social and Community Development
Target groups
- Business owners / entrepreneurs
Revenue structures
- Mixed revenue (50%+ earned)
Scope
- Regional
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Business start-up projects
- Business growth, expansion, and transformation projects
- Business acquisition and entrepreneurial succession
- Temporary bridge financing and turnaround projects under FLS
Documents Needed
- Completed, dated, and signed application form
- Business plan or detailed project description
- Detailed breakdown of project expenses
- Financial structure and proof of other financing
- Financial statements for the last three years
- Interim and projected financial statements, if required
Eligibility
Who is eligible?
- For-profit businesses legally incorporated in Quebec or Canada
- Social economy enterprises, including cooperatives and non-profits with commercial activities
- Businesses operating in the MRC of Pierre-De Saurel
Who is not eligible
- Businesses listed in the RENA registry
- State-owned or government-controlled companies
- Businesses under bankruptcy or insolvency protection
- Companies involved in weapons, fossil fuels, gambling, violent games, sexual exploitation, or real estate development
- Businesses mainly involved in tobacco or drug-related activities
Eligible expenses
- Working capital needed for the project
- Land, buildings, equipment, machinery, and vehicles
- Construction, expansion, renovation, and site or premises setup
- Professional fees tied to feasibility, audits, implementation, acquisition, or transaction
Ineligible Costs and Activities
- Costs incurred before the application is submitted
- Debt service, loan repayment, and capital replacement
- Research and development expenses
- Normal operating expenses of the business
- Quebec sales taxes
Eligible geographic areas
- MRC of Pierre-De Saurel
- Quebec
Processing and Agreement
- Applications are reviewed by the MRC
- Files are analyzed continuously once all required information is received
- Decisions are made in line with budget availability and program rules
- The fund may seek legal recovery measures if borrower obligations are not respected
Additional information
- The fund is managed by the MRC of Pierre-De Saurel.
- Applications are reviewed continuously when all required information is provided.
- A non-refundable opening fee of $150 per file applies.
- A monitoring fee of 1% of the initial loan amount is payable annually for the duration of the loan.
Contacts
Frequently Asked Questions about the DEPS — Local Investment Fund Program
Here are answers to the most common questions about the DEPS — Local Investment Fund. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the DEPS — Local Investment Fund?
This program provides financing of up to $250,000 per company for business start-up, expansion, acquisition, and succession projects. It supports viable businesses and projects that create jobs and contribute to local economic development.
How much funding can be received?
DEPS — Local Investment Fund Funds up to $250,000 of admissible expenses.
Who is eligible for the DEPS — Local Investment Fund program?
To be eligible for the DEPS — Local Investment Fund program, you must:
Quebec business in the MRC
Project viability and profitability
Required equity contribution
What expenses are eligible under DEPS — Local Investment Fund?
Business start-up projects
Business growth, expansion, and transformation projects
Business acquisition and entrepreneurial succession
Temporary bridge financing and turnaround projects under FLS
Who can I contact for more information about the DEPS — Local Investment Fund?
You can contact MRC de Pierre-De Saurel by email at none or by phone at none.
Where is the DEPS — Local Investment Fund available?
The DEPS — Local Investment Fund program is available Montérégie, Quebec.
Is the DEPS — Local Investment Fund a grant, loan, or tax credit?
DEPS — Local Investment Fund is a Loans and Capital investments