Closed
Joint FLI/FLS Investment Policy – Local Investment and Solidarity Funds
Financing for business growth and succession
Last Update: May 6, 2026
Funding available
$ 150,000
Timeline
- Receipt of requests is now closed
Location
Côte-Nord, Quebec, Canada
Overview
This program provides financing of up to 150,000 CAD through the FLI and up to 100,000 CAD through the FLS. It supports business start-up, expansion, improvement, transformation, succession, acquisition, and temporary financing projects in La Haute-Côte-Nord.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Develop strategic partnerships
- Increase social or community impact
Eligible Funding
- Maximum amount : 150,000 $
- Up to 50% of project cost
Timeline
- Receipt of requests is now closed
Eligible candidates
Eligible Industries
- Construction
- Manufacturing
- Wholesale trade
- Retail trade
- Transportation and warehousing
- Finance and insurance
- Professional, scientific and technical services
- Administrative and support, waste management and remediation services
Location
- Côte-Nord
- Quebec
Legal structures
- All legal structures
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Business start-up and commercialization
- Business transfer and succession
- Business acquisition
- Business improvement, transformation, growth, and expansion
- Temporary bridge financing
Documents Needed
- Completed, dated, and signed application form
- Business plan or detailed project description
- Detailed breakdown of project expenses
- Financial package and confirmation of other financing
- Financial statements and supporting declarations
Eligibility
Who is eligible?
- For-profit incorporated businesses
- Social economy businesses, including cooperatives and non-profits with market activities
- Businesses operating in the MRC of La Haute-Côte-Nord
Who is not eligible
- Businesses listed in the Register of Enterprises Ineligible for Public Contracts
- State-owned or government-controlled companies
- Businesses under bankruptcy or insolvency proceedings
- Companies in excluded sectors such as weapons, fossil fuels, gambling, violence, sex-related activities, tobacco, and most drug-related activities
Eligible expenses
- Working capital for eligible projects
- Capital costs directly tied to project implementation
- Professional fees related to feasibility, audits, technology deployment, construction, or transaction support
- Acquisition of business shares, assets, technology, land, buildings, equipment, machinery, and vehicles
Ineligible Costs and Activities
- Expenses incurred before the application is filed
- Debt service, loan repayment, and capital replacement
- Research and development expenses
- Normal operating expenses and Quebec sales taxes
- Activities in excluded sectors such as weapons, fossil fuels, gambling, violence, sex-related activities, and tobacco or drugs
Eligible geographic areas
- MRC of La Haute-Côte-Nord
- Quebec
Processing and Agreement
- Applications are reviewed by the MRC for eligibility, analysis, and decision-making
- Files are processed continuously as information is received
- Evaluation takes into account available budget and program rules
- Recovery measures may apply if borrower obligations are not respected
Additional information
- The MRC may request additional documents as needed.
- Applications are reviewed continuously.
- The program is managed by the MRC of La Haute-Côte-Nord.
- The policy entered into force on September 19, 2023.
Contacts
Frequently Asked Questions about the Joint FLI/FLS Investment Policy – Local Investment and Solidarity Funds Program
Here are answers to the most common questions about the Joint FLI/FLS Investment Policy – Local Investment and Solidarity 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 Joint FLI/FLS Investment Policy – Local Investment and Solidarity Funds?
This program provides financing of up to 150,000 CAD through the FLI and up to 100,000 CAD through the FLS. It supports business start-up, expansion, improvement, transformation, succession, acquisition, and temporary financing projects in La Haute-Côte-Nord.
How much funding can be received?
Joint FLI/FLS Investment Policy – Local Investment and Solidarity Funds Funds up to 50% of admissible expenses, capped at $150,000 per project.
Who is eligible for the Joint FLI/FLS Investment Policy – Local Investment and Solidarity Funds program?
To be eligible for the Joint FLI/FLS Investment Policy – Local Investment and Solidarity Funds program, you must:
Legally incorporated business or social economy enterprise
Operates in the MRC and has headquarters in Quebec
Registered with the Quebec business registry
What expenses are eligible under Joint FLI/FLS Investment Policy – Local Investment and Solidarity Funds?
Business start-up and commercialization
Business transfer and succession
Business acquisition
Business improvement, transformation, growth, and expansion
Temporary bridge financing
Who can I contact for more information about the Joint FLI/FLS Investment Policy – Local Investment and Solidarity Funds?
You can contact MRC La Haute-Côte-Nord by email at none or by phone at none.
Where is the Joint FLI/FLS Investment Policy – Local Investment and Solidarity Funds available?
The Joint FLI/FLS Investment Policy – Local Investment and Solidarity Funds program is available Côte-Nord, Quebec.
Is the Joint FLI/FLS Investment Policy – Local Investment and Solidarity Funds a grant, loan, or tax credit?
Joint FLI/FLS Investment Policy – Local Investment and Solidarity Funds is a Other Support