MRC Abitibi — The Local Solidarity Fund (FLS)

Q: How much funding can be received?

MRC Abitibi — The Local Solidarity Fund (FLS) 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 — The Local Solidarity Fund (FLS) a grant, loan, or tax credit?

MRC Abitibi — The Local Solidarity Fund (FLS) is a Loans and Capital investments

Q: Who are the financial supporters of the MRC Abitibi — The Local Solidarity Fund (FLS)?

MRC Abitibi — The Local Solidarity Fund (FLS) is funded by MRC Abitibi

Q: Who can I contact for more information about the MRC Abitibi — The Local Solidarity Fund (FLS)?

You can contact MRC Abitibi or by phone at 8197326918.

Q: Where is the MRC Abitibi — The Local Solidarity Fund (FLS) available?

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

Q: Are startups eligible for the MRC Abitibi — The Local Solidarity Fund (FLS) program?

Yes, startups are eligible to apply for the MRC Abitibi — The Local Solidarity Fund (FLS) program.

Last Update: July 22, 2025

Abitibi, QC

Local entrepreneurial loans for economic resilience and 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 CLD Abitibi's local investment funds offer repayable financial aid in the form of loans to stimulate local entrepreneurship, with a maximum funding amount of $35,000 available through the FLI-Relève program. This initiative supports new and existing businesses that contribute to economic benefits within the MRC d'Abitibi territory, particularly those striving for business succession or continuity.

Financing terms and conditions

The Local Solidarity Fund (FLS) provides financing support to stimulate local entrepreneurship through various financial solutions. The modalities focus on providing repayable financial assistance to eligible enterprises.

Offers repayable financial assistance in the form of loans to facilitate business projects.
Funding is aimed at supporting both new and existing enterprises to create and maintain jobs on the MRC of Abitibi territory.
Special terms may apply for projects related to the acquisition of existing businesses.

Activities funded

The Local Solidarity Fund (FLS) is designed to encourage the growth of new and existing businesses and the maintenance of sustainable employment within the MRC of Abitibi. The fund provides financial support for various types of entrepreneurial activities aimed at revitalizing the local economy.

Business startups engaging in innovative or community-benefiting projects.
Expansion projects for existing businesses to boost economic impact.
Acquisition and succession planning for local businesses.
Financial support for social economy enterprises under specific conditions.
Projects that create or maintain jobs on the MRC of Abitibi territory.

Eligibility

Eligibility for the Fonds locaux at CLD Abitibi is based on specific criteria related to the business's legal status and location.

The enterprise must be legally constituted and registered with the Registraire des entreprises du Québec (REQ).
The enterprise's head office must be located within the territory of the MRC d’Abitibi.
The enterprise must generate economic benefits within the MRC d’Abitibi.
All forms of legal business entities are eligible, but for non-profit organizations (NPOs), only those that are social economy enterprises are eligible.

Who is eligible?

Eligible applicants for the Fonds locaux under the CLD Abitibi include legally constituted businesses registered with the Quebec Enterprise Register (REQ) that have their head offices located within the MRC d’Abitibi. These businesses must generate economic benefits on this territory. All legal forms of businesses are eligible; however, for non-profit organizations (NPOs), only those involved in social economy are eligible and must meet additional specific conditions.

Eligible geographic areas

The Local Solidarity Fund is accessible to companies whose headquarters are situated within a specific area to promote regional economic benefits. Eligible areas are defined to align with the local economic development strategy.

Companies located within the territory of the MRC d’Abitibi.

How to apply

Initial contact

Contact the CLD Abitibi to discuss your project and the available financing options.

Preparation of the request

Draft a business project proposal including the objectives and expected outcomes.
Gather all required documents, including those related to the legal formation of the business and its registration with the REQ.

Submission of the request

Send the documentation and the complete funding application to CLD Abitibi by email or by the method agreed upon during the initial contact.

Review and Adjustments

Work in collaboration with the CLD Abitibi to make adjustments or provide additional information if required.

Decision

Receive a notification of the decision regarding your funding application.

Additional information

Here are additional relevant details for these funds:

The Fonds local d’investissement includes a specific component called FLI-Relève which specifically supports entrepreneurs planning to take over an existing business, with loans ranging between $5,000 and $35,000.
The FLI-Relève allows for a repayment moratorium of up to one year.
There is a non-repayable financial support measure available to assist businesses with occasional needs following the funding of a business project through the local funds.

Contacts

8197326918

Apply to this program

Frequently Asked Questions about the MRC Abitibi — The Local Solidarity Fund (FLS) Program

Here are answers to the most common questions about the MRC Abitibi — The Local Solidarity Fund (FLS). 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 — The Local Solidarity Fund (FLS)?

How much funding can be received?

What is the deadline to apply?

Is the MRC Abitibi — The Local Solidarity Fund (FLS) a grant, loan, or tax credit?

Who are the financial supporters of the MRC Abitibi — The Local Solidarity Fund (FLS)?

Who is eligible for the MRC Abitibi — The Local Solidarity Fund (FLS) program?

To be eligible for the MRC Abitibi — The Local Solidarity Fund (FLS) program, you must: The company must be legally constituted and registered with the Québec Enterprise Registrar (REQ). The company must have its head office located within the territory of the MRC d'Abitibi and generate economic benefits in that area. Non-profit organizations are eligible only if they are social economy enterprises, subject to certain conditions.