Rouyn-Noranda — Local Investment (FLI) and Solidarity (FLS) Funds

Q: What is the deadline to apply?

The deadline to apply is not specified.

Q: Who can I contact for more information about the Rouyn-Noranda — Local Investment (FLI) and Solidarity (FLS) Funds?

You can contact City of Rouyn-Noranda by email at info@cldrn.ca or by phone at 819-762-0142.

Q: Where is the Rouyn-Noranda — Local Investment (FLI) and Solidarity (FLS) Funds available?

The Rouyn-Noranda — Local Investment (FLI) and Solidarity (FLS) Funds program is available the province of QC.

Q: Are startups eligible for the Rouyn-Noranda — Local Investment (FLI) and Solidarity (FLS) Funds program?

Yes, startups are eligible to apply for the Rouyn-Noranda — Local Investment (FLI) and Solidarity (FLS) Funds program.

Last Update: July 22, 2025

Rouyn-Noranda, QC

Offers business loans up to $250,000 from FLI-FLS

At a glance

Eligible Funding

Max. $250,000
Up to 20% of project cost

Timeline

Unspecified

Financing Type

Loans and Capital investments

Eligible Industries

Agriculture, forestry, fishing and hunting
Manufacturing
Accommodation and food services
Other services (except public administration)
Public administration

Funds Providers

Unspecified

Program status

Open

Overview

The Fonds locaux d’investissement (FLI) and Fonds local de solidarité (FLS) programs provide loans up to $250,000 to support projects related to business startup, expansion, improvement, transformation, acquisition, or entrepreneurial succession. Eligible activities include cash flow related to the project, capital expenses, and professional fees across various sectors such as primary, tertiary, rural, tourism, manufacturing, sustainable development, and circular economy.

Eligibility

Eligibility for the Fonds locaux d’investissement (FLI) et de solidarité (FLS) is determined by specific requirements related to the type of projects and sectors the applicant operates within.

The project must involve one of the following activities: startup, expansion, improvement and transformation of a business, acquisition of a business, or entrepreneurial succession (business transfer).
The funding is available for cash flow related to the project, capital expenditures (such as equipment and buildings), and professional fees.
Applicants must provide a minimum of 20% of the total project cost as a down payment.
Eligible sectors include the primary sector, the tertiary motor sector, local services, rural sector, tourism sector, manufacturing sector, and sectors involved in sustainable development and circular economy.

Who is eligible?

Eligible applicants for the Fonds locaux d’investissement (FLI) et de solidarité (FLS) include businesses involved in starting up, expanding, improving and transforming existing enterprises, acquiring new businesses, and entrepreneurial succession (business transfer).

Eligible expenses

The grant funds various expenses directly related to business project realization and development.

Working capital related to the project.
Capital expenditures, including equipment and buildings.
Professional fees.

Eligible geographic areas

This grant is available to companies specifically within the jurisdiction of the CLD Rouyn-Noranda, indicating a focus on regional development within that area.

Businesses operating within the region of Rouyn-Noranda.

How to apply

Prepare the required documents

Complete, date, and sign the financial aid application form.
Prepare a business plan if the project is a startup.
Gather the financial statements.
Develop the financial forecasts.
Collect any other documents required by CLD Rouyn-Noranda.

Contact the CLD Rouyn-Noranda

For advice or more information about the application, contact the CLD Rouyn-Noranda.
Reach the advisors by phone at 819 762-0142.
Send an email to info@cldrn.ca.
Make an appointment online directly if necessary.

Submit the request

Send all the required documents to CLD Rouyn-Noranda after consulting their advisors.

Additional information

Here are additional relevant details for this grant:

Financing is offered in the form of a term loan subject to a personal guarantee.
Flexible repayment schedules are available that are adapted to the business's realities.
Capital repayment vacations can range from 12 to 36 months, depending on the case.
A 20% investment from the total project cost is required from the applicants.
The interest rate is competitive, beginning with a base rate plus a risk premium, with possible interest rate reductions for sustainable development performance.
The interest rate reduction for sustainable development performance can range between 0 and 1.5%.
All applications are managed by the CLD Rouyn-Noranda, which also provides counseling support throughout the application process.
An informative newsletter is available for ongoing updates and information on economic development and entrepreneurship in Rouyn-Noranda.

Contacts

info@cldrn.ca

819-762-0142

Apply to this program

Frequently Asked Questions about the Rouyn-Noranda — Local Investment (FLI) and Solidarity (FLS) Funds Program

Here are answers to the most common questions about the Rouyn-Noranda — Local Investment (FLI) and Solidarity (FLS) 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 Rouyn-Noranda — Local Investment (FLI) and Solidarity (FLS) Funds?

How much funding can be received?

What is the deadline to apply?

Is the Rouyn-Noranda — Local Investment (FLI) and Solidarity (FLS) Funds a grant, loan, or tax credit?

Who are the financial supporters of the Rouyn-Noranda — Local Investment (FLI) and Solidarity (FLS) Funds?

Who is eligible for the Rouyn-Noranda — Local Investment (FLI) and Solidarity (FLS) Funds program?

To be eligible for the Rouyn-Noranda — Local Investment (FLI) and Solidarity (FLS) Funds program, you must: Eligible sectors include primary, tertiary engine, local services, rural, tourism, manufacturing, and sectors focusing on sustainable development and circular economy. A 20% financial contribution of the total project cost is required from the applicant. The project must be a startup, expansion, improvement, transformation, acquisition, or entrepreneurial succession.