Closed
Last Update: April 9, 2026
Funding available
$ 1,000 - $ 150,000
Timeline
- Open Date : April 1, 2023
- Closing date : April 1, 2023
Location
Bas-Saint-Laurent, Quebec, Canada
Overview
This program offers financing of up to $150,000 to support business development in MRC de La Matapédia. It supports startup, succession, improvement, transformation, growth, expansion, acquisition, temporary financing, and turnaround projects.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Develop strategic partnerships
- Increase production or service capacity
Eligible Funding
- Maximum amount : 150,000 $
- Minimum amount : 1,000 $
- Up to 50% of project cost
Timeline
- Open Date : April 1, 2023
- Closing date : April 1, 2023
Eligible candidates
Eligible Industries
- All industries
Location
- La Matapédia
- Bas-Saint-Laurent
- Quebec
Legal structures
- Non-profit
- Public or Parapublic institution
- For-profit business
- Sole proprietorship
- Social economy enterprise
- Non-financial cooperative
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Startups
Non-profit candidates
Sector of operation
- Economic, Social and Community Development
- Business Associations
- Not Elsewhere Classified
Target groups
- Rural / Remote communities
- Business owners / entrepreneurs
- Nonprofits / charities
Revenue structures
- Mixed revenue (50%+ earned)
Scope
- Regional
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Business startup
- Entrepreneurial succession
- Business acquisition
- Business improvement and transformation
- Business growth and expansion
- Temporary financing
- Business turnaround
Documents Needed
- Completed and signed application form
- Business plan or detailed project description
- Detailed project expense breakdown
- Financial structure and confirmation of other financing, if available
- Financial statements and forecasts
Eligibility
Who is eligible?
- For-profit incorporated businesses
- Cooperatives and social economy organizations with commercial activities
- Businesses with headquarters in Quebec
- Businesses operating in the MRC de La Matapédia
Who is not eligible
- Publicly controlled corporations
- Businesses under bankruptcy or insolvency protection
- Companies listed in the public contracts ineligibility registry
- Businesses with serious ethics, environmental, or labour compliance issues
- Businesses in excluded sectors such as gaming, arms, or fossil fuels
Eligible expenses
- Capital costs for land, buildings, equipment, machinery, vehicles, construction, renovation, and site or premises improvements
- Incorporation fees and similar start-up costs
- Technology, software, and patent acquisitions
- Additional working capital needed for the project
- Professional fees linked to feasibility, implementation, acquisition, or construction work
Ineligible Costs and Activities
- Expenses incurred before the application is received
- Debt service, loan repayment, capital replacement, or capital withdrawals
- Research and development expenses
- Normal operating expenses
- Quebec sales taxes
Eligible geographic areas
- MRC de La Matapédia
Processing and Agreement
- Applications are reviewed continuously once all required information is received
- The MRC's investment committee analyzes eligibility and makes the funding decision
- Some recommendations may need approval by the MRC council or administrative committee
- A signed agreement is required before any loan is disbursed
Additional information
- One project can only receive one financing stream.
- The MRC may refuse projects outside its development objectives or territorial planning.
- Administrative fees of 1.50% apply to the initial financing and to certain revisions.
- Early repayment rules vary by financing stream.
Frequently Asked Questions about the MRC La Matapédia — FLI-FLS Program
Here are answers to the most common questions about the MRC La Matapédia — FLI-FLS. 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 MRC La Matapédia — FLI-FLS?
This program offers financing of up to $150,000 to support business development in MRC de La Matapédia. It supports startup, succession, improvement, transformation, growth, expansion, acquisition, temporary financing, and turnaround projects.
How much funding can be received?
MRC La Matapédia — FLI-FLS Funds up to 50% of admissible expenses, capped at $150,000 per project.
What is the deadline to apply?
The application deadline for this grant program was April 1, 2023.
Who is eligible for the MRC La Matapédia — FLI-FLS program?
To be eligible for the MRC La Matapédia — FLI-FLS program, you must:
Legally incorporated business
Active in the MRC de La Matapédia
Commercial project with viability
What expenses are eligible under MRC La Matapédia — FLI-FLS?
Business startup
Entrepreneurial succession
Business acquisition
Business improvement and transformation
Business growth and expansion
Temporary financing
Business turnaround
Where is the MRC La Matapédia — FLI-FLS available?
The MRC La Matapédia — FLI-FLS program is available Bas-Saint-Laurent, Quebec.
Is the MRC La Matapédia — FLI-FLS a grant, loan, or tax credit?
MRC La Matapédia — FLI-FLS is a Loans and Capital investments