MRC La Matapédia — FLI-FLS

• 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

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

• Economic viability and repayment capacity
• Job creation and job retention impact
• Promoters' experience and management skills
• Environmental and social benefits
• Quality of the financing partnership and portfolio sustainability

• Step 1:
  • Prepare the application package
  • Complete and sign the request form
  • Gather the business plan, financials, and project details
• Step 2:
  • Submit the application to the MRC
  • Provide all required supporting documents
• Step 3:
  • Application review and analysis by the MRC
  • Decision by the investment committee or required approving body
• Step 4:
  • Sign the loan agreement
  • Receive funding according to the approved terms

• 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

• 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.