Open
Source verified July 9, 2026
Laval Économique — Local Investment Fund
Flexible financing for Laval businesses
Offered by
Latest source updateLast Update: July 9, 2026Latest change: The Local Investment Funds page now presents a new program description, eligibility, funding terms, and contact details, replacing the earlier content on the page.View change
Latest source update
Last Update: July 9, 2026
Latest change: The Local Investment Funds page now presents a new program description, eligibility, funding terms, and contact details, replacing the earlier content on the page.
Local Investment Funds content updated
The Local Investment Funds page now shows a revised program summary with new scope language for startup, growth, modernization, and succession projects, plus updated contact details for Stéphane Lalande. The previous advisor information, application email and phone, and the earlier application wording were removed from the page. The visible funding terms now include up to $250,000, a traditional or equity loan, with or without collateral or a guarantor, principal and interest deferral of up to 24 months for startup, improvement, transformation, growth, and expansion projects, and up to 36 months for business succession. The page also now states a typical 7-year term, which may be extended to 10 years, and revised eligibility language for for-profit SMEs, cooperatives, and non-profits with fewer than 250 employees in Laval, with some sectors excluded and retail, personal services, and construction needing added value.
Funding available
$ 20,000 - $ 250,000
Deadline
Open continuously
Opened February 3, 2026
Location
Laval, Quebec, Canada
Overview
Local Investment Funds support Laval businesses with up to $250,000 in flexible financing for start-up, growth, transformation, expansion, and succession projects. The program offers traditional or equity term loans with collateral, guarantor, repayment, and moratorium options tailored to the company’s circumstances.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase production or service capacity
- Increase operational productivity
- Complete an acquisition or business transfer
Eligible Funding
- Maximum amount : 250,000 $
- Minimum amount : 20,000 $
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- Laval
- Laval
- Quebec
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- 249 employees maximum
Audience
- Startups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Business start-up, improvements and transformations, growth and expansion.
- Business succession.
Official resources
Eligibility
Who is eligible?
- For-profit SMEs.
- Cooperatives.
- Non-profit social economy enterprises.
Who is not eligible
- Real estate management and development.
- Food service.
- Production or distribution of controversial weapons.
- Operation of violent games, games of chance or gambling, and combat sports.
- Sexual exploitation, and production, sale or services related to tobacco or drug use.
Eligible expenses
- Expenses related to the acquisition of the company’s securities and assets.
- Professional fees directly related to the transaction.
- Sufficient working capital required to carry out the project.
- Capital expenditures such as the acquisition of technology, land, buildings, equipment, machinery and rolling stock, and the construction, expansion, renovation or development of land and premises.
- Professional fees directly related to the implementation of the project.
Ineligible Costs and Activities
- Research and development activities.
- Goodwill expenses.
How to apply
- Fill out the form.
Processing and Agreement
- A counsellor will contact you to explore financing solutions adapted to your project.
Additional information
- The program has two components: general and succession.
- The financing takes the form of a conventional loan.
- General applications are processed on an ongoing basis.
Contacts
Frequently Asked Questions about the Laval Économique — Local Investment Fund Program
What is the Laval Économique — Local Investment Fund?
Local Investment Funds support Laval businesses with up to $250,000 in flexible financing for start-up, growth, transformation, expansion, and succession projects. The program offers traditional or equity term loans with collateral, guarantor, repayment, and moratorium options tailored to the company’s circumstances.
How much funding can be received?
Laval Économique — Local Investment Fund Funds up to $250,000 of admissible expenses.
Who is eligible for the Laval Économique — Local Investment Fund program?
To be eligible for the Laval Économique — Local Investment Fund program, you must:
The applicant must be a for-profit SME, a cooperative, or a non-profit social economy enterprise.
The applicant must have fewer than 250 employees.
The business must be established on Laval territory; retail, personal services, and construction projects must demonstrate added value.
What expenses are eligible under Laval Économique — Local Investment Fund?
Business start-up, improvements and transformations, growth and expansion.
Business succession.
Who can I contact for more information about the Laval Économique — Local Investment Fund?
You can contact Laval Economique by email at s.lalande@laval.ca or by phone at 438-989-5177.
Where is the Laval Économique — Local Investment Fund available?
The Laval Économique — Local Investment Fund program is available Laval, Quebec.
Is the Laval Économique — Local Investment Fund a grant, loan, or tax credit?
Laval Économique — Local Investment Fund is a Loans and Capital investments