Closed
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.
/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 $
- 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
- For-profit business
- Social economy enterprise
- Non-financial cooperative
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
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
Here are answers to the most common questions about the MRC Abitibi-Ouest — Local Investment Funds. 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-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 by email at none 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.