MRC Abitibi — Local Investment Fund (FLI)

Q: How much funding can be received?

MRC Abitibi — Local Investment Fund (FLI) Funds up to 35000% of admissible expenses.

Q: What is the deadline to apply?

The deadline to apply is not specified.

Q: Is the MRC Abitibi — Local Investment Fund (FLI) a grant, loan, or tax credit?

MRC Abitibi — Local Investment Fund (FLI) is a Loans and Capital investments

Q: Who are the financial supporters of the MRC Abitibi — Local Investment Fund (FLI)?

MRC Abitibi — Local Investment Fund (FLI) is funded by MRC Abitibi

Q: Where is the MRC Abitibi — Local Investment Fund (FLI) available?

The MRC Abitibi — Local Investment Fund (FLI) program is available the province of QC.

Q: Are startups eligible for the MRC Abitibi — Local Investment Fund (FLI) program?

Yes, startups are eligible to apply for the MRC Abitibi — Local Investment Fund (FLI) program.

Last Update: July 22, 2025

QC, Canada

Financial support for businesses in Abitibi for growth

At a glance

Eligible Funding

From $5,000 to $35,000

Timeline

Unspecified

Financing Type

Loans and Capital investments

Eligible Industries

All industries

Funds Providers

Unspecified

Program status

Open

Overview

The local investment funds at CLD Abitibi offer repayable financial aid in the form of loans, with the Local Investment Fund (FLI) offering a specific FLI-Relève component that provides up to $35,000 to entrepreneurs aiming to acquire at least 25% of an existing business for succession. These funds aim to stimulate local entrepreneurship, support new and existing businesses, and create sustainable employment in the MRC d’Abitibi.

Financing terms and conditions

The MRC Abitibi Local Investment Fund (FLI) provides diverse financial solutions through repayable loans and non-repayable financial aid to support business projects and stimulate local entrepreneurship.

Offers repayable loans through the Local Investment Fund (FLI) and Local Solidarity Fund (FLS).
The FLI includes a succession component (FLI-Relève) with loans ranging from $5,000 to $35,000 for acquiring significant equity in existing businesses.
FLI-Relève allows for a repayment moratorium of up to one year.
Provides non-repayable financial aid for specific project needs related to business development financed by local funds.

Activities funded

The Local Investment Fund (FLI) focuses on stimulating local entrepreneurship through access to capital, aiding financially and technically new and existing businesses to create and maintain sustainable jobs in the MRC d'Abitibi territory. Eligible projects involve providing loans and financial support to facilitate sustainable business operations and successful project developments.

Financial aid to newly formed or existing businesses to encourage local entrepreneurship.
Support for business projects that result in economic gains within the MRC d'Abitibi territory.
Funding business transfers with significant stakeholder acquisition, facilitating succession in local enterprises through the FLI-Relève segment.
Providing financial assistance for critical business areas to ensure the successful implementation of funded projects.

Eligibility

Eligibility for the local investment funds is determined by specific criteria related to the business's registration and economic impact.

The business must be legally constituted and registered with the Registraire des entreprises du Québec (REQ).
The business's headquarters must be located within the MRC d’Abitibi territory.
The business must generate economic benefits within the MRC d’Abitibi territory.
All legal forms of business are eligible; however, only social economy enterprises are eligible among non-profit organizations (OBNL), subject to certain conditions.

Who is eligible?

Any legally established business (registered with the Quebec Business Register) with its headquarters in the MRC of Abitibi territory that generates economic benefits in that area. All legal forms of business are eligible. However, for non-profit organizations, only social economy enterprises are eligible under certain conditions.

Eligible geographic areas

This grant is available to businesses legally constituted in a specific area to stimulate local economic development. The eligible geographical area is limited to enhance community-focused economic growth.

Companies with their headquarters located in the MRC d'Abitibi area.

How to apply

Initial contact

Call the CLD Abitibi at 819 732-6918 to discuss available financing options.
Email info@cldabitibi.com to receive additional information and confirm eligibility.

Preparation of the request

Prepare the necessary documents for the application, including registration with the Registrar of Enterprises of Quebec if necessary.
Draft a detailed business plan covering the financial and operational aspects of the project.

Submission of the request

Provide all required documents at the appointment with a CLD consultant.
Complete the application form provided by CLD Abitibi.

Request follow-up

Wait for the CLD's response regarding approval or the request for additional documents.
Interact with the CLD to clarify and complete if necessary.

Additional information

Here are additional relevant details for this financing program:

The FLI-Relève component allows for a repayment moratorium of up to one year, providing flexibility and financial security to entrepreneurs.

Apply to this program

Frequently Asked Questions about the MRC Abitibi — Local Investment Fund (FLI) Program

Here are answers to the most common questions about the MRC Abitibi — Local Investment Fund (FLI). 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 MRC Abitibi — Local Investment Fund (FLI)?

How much funding can be received?

What is the deadline to apply?

Is the MRC Abitibi — Local Investment Fund (FLI) a grant, loan, or tax credit?

Who are the financial supporters of the MRC Abitibi — Local Investment Fund (FLI)?

Who is eligible for the MRC Abitibi — Local Investment Fund (FLI) program?

To be eligible for the MRC Abitibi — Local Investment Fund (FLI) program, you must: The company must be legally constituted and registered with the Quebec Enterprise Registrar (REQ). The company's head office must be located within the MRC d'Abitibi territory. All types of business structures are eligible, but for non-profit organizations, only social economy enterprises are eligible under specific conditions.