MRC La Jacques-Cartier — Local Investment Fund (FLI)

The eligibility for the Fonds local d’investissement (FLI) grant is determined by specific criteria related to the type of organization and the nature of the project.

• The applicant must be a private, for-profit business, a social economy enterprise, or a cooperative.
• The project must involve business start-up, expansion, or business succession (acquisition in whole or in part of an existing business).
• The applicant must provide a minimum equity of 15% of the total project cost.
• Funding requests must be at least $5,000 and not exceed $50,000.

Who is eligible?

The Fonds local d’investissement (FLI) aims to support private for-profit businesses, social economy enterprises, and cooperatives that are either starting up, expanding, undergoing a business succession (acquisitions in whole or part of an existing business), or operating in different stages of business development.

Eligible expenses

The grant supports specific costs to bolster entrepreneurial endeavors in the Jacques-Cartier region.

• Working capital necessary for operational needs.
• Purchase of equipment and capital expenditures vital for business operations.
• In cases of succession projects, certain acquisition and expertise fees.

Eligible geographic areas

This grant is available to companies located in the MRC de La Jacques-Cartier region, as this area is supported by the Local Investment Fund (FLI) to foster economic development.

• Companies based in the MRC de La Jacques-Cartier region.

Here are additional relevant details for this grant:

• The Fund must be used as a leverage instrument, and financial support must complement, not replace, private funding and other regular government programs.
• The financial aid is meant to stimulate the realization of the project.