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MRC Abitibi-Ouest — Local Investment Funds
Repayable financing for local business growth
Last Update: April 9, 2026
Funding available
$ 250,000
Timeline
- Open Date : January 1, 2023
- Closing date : December 31, 2023
Location
Abitibi-Témiscamingue, Quebec, Canada
Overview
Repayable financing of up to $250,000 for businesses in MRC Abitibi-Ouest. Supports startup, expansion, transformation, succession, and eligible equipment or working capital needs.
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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 $
- Up to 50% of project cost
Timeline
- Open Date : January 1, 2023
- Closing date : December 31, 2023
Eligible candidates
Eligible Industries
- Agriculture, forestry, fishing and hunting
- Mining, quarrying, and oil and gas extraction
- Manufacturing
- Information and cultural industries
- Arts, entertainment and recreation
- Accommodation and food services
- Other services (except public administration)
- Public administration
Location
- Abitibi-Ouest
- Abitibi-Témiscamingue
- Quebec
Legal structures
- Non-profit
- Public or Parapublic institution
- Non-financial cooperative
- Social economy enterprise
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Rural or Northern Residents
- Startups
Non-profit candidates
Sector of operation
- Environment
- 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
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Business startup and commercial launch
- Business improvement, transformation, and digital transition
- Business growth and expansion
- Business succession and acquisition projects
Documents Needed
- Completed, dated, and signed application form
- Business plan or detailed project description
- Detailed breakdown of project expenses
- Project financing plan and proof of other funding, if any
- Financial statements and interim or forecast statements, as applicable
Eligibility
Who is eligible?
- For-profit businesses
- Cooperatives with commercial activities
- Non-profit organizations with commercial activities
Who is not eligible
- Companies not registered as admissible businesses under the program rules
- Businesses controlled by a government or a state-owned company
- Companies under insolvency or bankruptcy protection
- Businesses involved in sectors excluded by the policy, such as gambling, armaments, fossil fuels, or adult entertainment
Eligible expenses
- Working capital tied to the project
- Equipment, machinery, vehicles, land, buildings, and renovations
- Technology acquisition and digital transformation costs
- Professional fees linked to feasibility, implementation, acquisition, or transfer
- Acquisition of shares, assets, or business transfer costs
Ineligible Costs and Activities
- Expenses incurred before the application is submitted
- Debt service and repayment of existing or future loans
- Research and development expenses
- Normal operating expenses
- Quebec sales taxes
Eligible geographic areas
- MRC Abitibi-Ouest
- Businesses with a head office in Quebec
Selection criteria
- Economic viability and repayment capacity
- Promoters’ relevant experience and management skills
- Environmental and social impact
- Use of partners and other financing sources
- Contribution to local jobs and regional development
How to apply
- Step 1: Contact a development advisor
- Get guidance on the program and your project.
- Review the required information before starting the file.
- Step 2: Complete the application form
- Fill in the dedicated funding request form.
- Sign and date the form before submission.
- Step 3: Prepare supporting documents
- Attach the business plan or detailed project description.
- Include financial statements, financing plan, and expense details.
- Step 4: Submit the application
- Send the completed file to the MRC d’Abitibi-Ouest through the process indicated by its advisors.
Processing and Agreement
- Applications are reviewed by the MRC d’Abitibi-Ouest
- Files are processed continuously once required information is provided
- Eligibility, analysis, and decision are part of the review process
- Funding depends on available budget and program rules
Additional information
- Financial assistance is repayable.
- Loan principal may be deferred for up to 12 months.
- Early repayment is allowed at any time without notice or penalty.
- Application review is handled continuously as documents are received.
Contacts
Frequently Asked Questions about the MRC Abitibi-Ouest — Local Investment Funds Program
What is the MRC Abitibi-Ouest — Local Investment Funds?
Repayable financing of up to $250,000 for businesses in MRC Abitibi-Ouest. Supports startup, expansion, transformation, succession, and eligible equipment or working capital needs.
How much funding can be received?
MRC Abitibi-Ouest — Local Investment Funds Funds up to 50% of admissible expenses, capped at $250,000 per project.
What is the deadline to apply?
The application deadline for this grant program was December 31, 2023.
Who is eligible for the MRC Abitibi-Ouest — Local Investment Funds program?
To be eligible for the MRC Abitibi-Ouest — Local Investment Funds program, you must:
Legally incorporated business
Operating in MRC Abitibi-Ouest
Head office in Quebec
What expenses are eligible under MRC Abitibi-Ouest — Local Investment Funds?
Business startup and commercial launch
Business improvement, transformation, and digital transition
Business growth and expansion
Business succession and acquisition projects
Who can I contact for more information about the MRC Abitibi-Ouest — Local Investment Funds?
You can contact MRC Abitibi-Ouest (MRC) or by phone at 819 339-5671.
Where is the MRC Abitibi-Ouest — Local Investment Funds available?
The MRC Abitibi-Ouest — Local Investment Funds program is available Abitibi-Témiscamingue, Quebec.