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MRC La Vallée-de-l'Or — Local Investment Funds FLI-FLS - Val-d'Or - Quebec - Canada
Open
Source verified July 23, 2026

MRC La Vallée-de-l'Or — Local Investment Funds FLI-FLS

Local financing for business projects in La Vallée-de-l'Or
Offered by
MRC La Vallée-de-l'Or (MRCVO)
Funding available
$ 5,000 - $ 150,000
Deadline
Open continuously
Location
Val-d'Or, Abitibi-Témiscamingue, Quebec, Canada
Who can apply

For-profit businesses incorporated under Quebec or Canadian law.

See full eligibility

Overview

Local financing supports business start-up, growth, transformation, and succession projects in MRC La Vallée-de-l'Or. Maximum support can reach $300,000 for the FLI, with eligible loans, guarantees, or equity investments depending on the project.
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Opportunity Score
Moderate potential, but conditions must align.

At a glance

Funding available

Financing goals
  • Increase performance through digital transformation
  • Increase production or service capacity
  • Increase operational productivity
Eligible Funding
  • Maximum amount : 150,000 $
  • Minimum amount : 5,000 $
  • Up to 80% of project cost
Funds Providers

Eligible candidates

Eligible Industries
  • All industries
Location
  • La Vallée-de-l’Or
  • Val-d'Or
  • Abitibi-Témiscamingue
  • Quebec
Legal structures
  • Non-profit
  • Public or Parapublic institution
  • Non-financial cooperative
  • Social economy enterprise
  • For-profit business
Annual revenue
  • All revenue ranges
Organisation size
  • 100 employees maximum
Audience
  • Startups
Non-profit candidates
Sector of operation
  • Economic, Social and Community Development
  • Employment and Training
Target groups
  • Rural / Remote communities
  • Business owners / entrepreneurs
  • Nonprofits / charities
Revenue structures
  • Fee-for-service model
  • Mixed revenue (50%+ earned)
Scope
  • Regional

Next Steps

1
Determine your project

Availability timeline

2026
Periods: 1

Activities funded

  • Business start-up projects.
  • Business improvement and digital transformation projects.
  • Business growth and expansion projects.
  • Entrepreneurial succession and business transfer projects.
  • Business recovery projects under the FLS only.

Eligibility

Who is eligible?

  • For-profit businesses incorporated under Quebec or Canadian law.
  • Social economy enterprises, including cooperatives and eligible non-profits with market activities.
  • Businesses operating in the MRC de La Vallée-de-l'Or.

Who is not eligible

  • Businesses listed in the Register of Enterprises Ineligible for Public Contracts (RENA).
  • Government-owned or government-controlled entities.
  • Businesses under bankruptcy or creditor arrangement protection.
  • Businesses mainly active in weapons, fossil fuels, gambling, violent games, sexual exploitation, tobacco, or drugs.
  • Pre-startup projects and direct financing to individuals, except in business succession cases.

Eligible expenses

  • Working capital needed to carry out the project.
  • Equipment, machinery, technology, vehicles, land, buildings, and related construction or renovation.
  • Professional fees such as feasibility studies, audits, and impact studies.
  • Acquisition of shares, assets, and transaction-related fees for business succession projects.

Ineligible Costs and Activities

  • Pre-development projects.
  • Debt service, loan repayments, and capital replacement.
  • Normal operating expenses and R&D expenses.
  • Transactions between related businesses or partners.
  • Projects in weapons, fossil fuels, gambling, violent games, sexual exploitation, tobacco, drugs, or recreational cannabis.

Eligible geographic areas

  • MRC de La Vallée-de-l'Or, Quebec

Selection criteria

  • Economic viability of the project.
  • Experience and management skills of the promoters.
  • Job creation and economic impact.
  • Strength of the business plan and repayment capacity.
  • Availability of other financial partners and promoter contribution.

How to apply

  • Step 1: Prepare the project file
    • Define the project and confirm it fits an eligible business stage.
    • Prepare the information needed for analysis and follow-up.
  • Step 2: Submit the request to the MRC
    • Send the financing request to the MRC de La Vallée-de-l'Or.
    • Provide the file for review by the financial analyst and the director.
  • Step 3: Committee review and decision
    • The investment committee reviews the application.
    • The committee may approve, refuse, or issue an opinion on the request.
  • Step 4: Sign the loan agreement
    • If approved, the project is formalized through a loan agreement with the MRC.

Processing and Agreement

  • Applications are analyzed by the MRC financial analyst and reviewed by the investment committee.
  • The committee may issue an opinion, approve, or refuse the request.
  • Decisions can be made quickly, and the committee may meet within 48 hours.
  • Approved projects must enter into a loan agreement with the MRC.
  • Project follow-up and periodic financial reporting may continue after approval.

Additional information

  • The program is managed by the MRC de La Vallée-de-l'Or through its local development team.
  • Applications may be reviewed quickly, and the committee can meet within 48 hours when needed.
  • Approved projects must sign a loan agreement with the MRC.
  • Ongoing financial and management reporting may be required during the project.
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Other components of this program

Explore related funding streams and grants that belong to the same program.

Frequently Asked Questions about the MRC La Vallée-de-l'Or — Local Investment Funds FLI-FLS Program

What is the MRC La Vallée-de-l'Or — Local Investment Funds FLI-FLS?

Local financing supports business start-up, growth, transformation, and succession projects in MRC La Vallée-de-l'Or. Maximum support can reach $300,000 for the FLI, with eligible loans, guarantees, or equity investments depending on the project.

How much funding can be received?

MRC La Vallée-de-l'Or — Local Investment Funds FLI-FLS Funds up to 80% of admissible expenses, capped at $150,000 per project.

What is the deadline to apply?

The program is accepting continuous intake

Who is eligible for the MRC La Vallée-de-l'Or — Local Investment Funds FLI-FLS program?

To be eligible for the MRC La Vallée-de-l'Or — Local Investment Funds FLI-FLS program, you must: Legally incorporated business or social economy enterprise. Registered in Quebec and active locally. Project must match an eligible business stage.

What expenses are eligible under MRC La Vallée-de-l'Or — Local Investment Funds FLI-FLS?

Business start-up projects. Business improvement and digital transformation projects. Business growth and expansion projects. Entrepreneurial succession and business transfer projects. Business recovery projects under the FLS only.

Who can I contact for more information about the MRC La Vallée-de-l'Or — Local Investment Funds FLI-FLS?

You can contact MRC La Vallée-de-l'Or (MRCVO).

Where is the MRC La Vallée-de-l'Or — Local Investment Funds FLI-FLS available?

The MRC La Vallée-de-l'Or — Local Investment Funds FLI-FLS program is available Abitibi-Témiscamingue, Quebec.