Closed
Joint FLI/FLS Investment Policy – Local Investment and Solidarity Funds
Financing for business growth and succession
Last Update: June 9, 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
- La Haute-Côte-Nord
- 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
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 (MRC) 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