How much funding can be received?

Funds up to 40000% of admissible expenses.

What is the deadline to apply?

The deadline to apply is not specified.

Who are the financial supporters of the MRC Arthabaska - Local Investment Fund (FLI)?

MRC Arthabaska - Local Investment Fund (FLI) is funded by MRC Arthabaska

What are MRC Arthabaska - Local Investment Fund (FLI)'s eligibility criterias?

The business must be for-profit and located in the MRC of Arthabaska, either in the startup or expansion phase. The business must belong to the manufacturing sector or provide business-to-business services, and not be in a highly competitive sector. The project must create employment and cannot be for operational costs, debt financing, loan repayment, or already completed projects.

MRC Arthabaska - Local Investment Fund (FLI)

Last Update: July 22, 2025

QC, Canada

Financial and technical support for business growth and startups

MRC Arthabaska - Local Investment Fund (FLI) at a glance

Eligible Funding

From $5,000 to $40,000

Timeline

Unspecified

Financing Type

Loans and Capital investments

Eligible Industries

Manufacturing
Professional, scientific and technical services

Grant Providers

MRC Arthabaska

Program status

Open

Overview of the MRC Arthabaska - Local Investment Fund (FLI) program

This grant program is designed to assist the startup, acquisition, or expansion of manufacturing or business service companies through term financing, offering loans up to $40,000 at a competitive rate. Eligible activities include projects that generate employment in the Arthabaska region, provided the company is not operating in a highly competitive sector.

Financing terms and conditions

The MRC Arthabaska - Local Investment Fund (FLI) provides term financing to support the start-up, acquisition, or expansion of manufacturing and business service companies. The fund aims to foster job creation and business growth in the MRC of Arthabaska region.

Term financing available for a maximum duration of 5 years at a competitive interest rate.
Loan amounts range from $5,000 to $40,000, with potential for higher amounts in case of business expansion.
Technical support offered for business plan development and ongoing guidance throughout the loan period.
Funding must not be used for operational expenses, debt financing, loan repayments, or projects that have already been completed.

Eligible projects & activities

This grant targets projects that support the startup, acquisition, or expansion of manufacturing or business service companies within its designated area. Eligible projects are designed to create jobs and require financial backing tailored for business growth activities.

Startup of new manufacturing or business service enterprises.
Acquisition projects that expand existing business capacities or diversify operations.
Expansion initiatives that increase production capabilities or service offerings in the manufacturing or business service sectors.

Eligibility criteria of the MRC Arthabaska - Local Investment Fund (FLI) program

Eligibility for this grant is determined by specific requirements related to the company's location, sector, and project objectives.

The company must be a for-profit entity located in the MRC d'Arthabaska.
The company should be in the manufacturing or business services sector, excluding those in highly competitive sectors.
The company must be in its start-up phase or undergoing expansion.
A financial contribution from the company is required.
The project must aim to generate employment.
The loan must not be used for operational expenses, debt financing, repayment of loans, or funding of projects already completed.

Who is eligible?

The grant is targeted at for-profit businesses located in the MRC of Arthabaska that are either in a startup or expansion phase.

Who is not eligible

This grant excludes certain companies due to their sectoral focus and financial practices. The restrictions ensure that funding supports suitable industries and viable projects.

Companies in high-competition sectors within manufacturing or business services.
Businesses seeking loans for operational costs or existing debt repayment.
Firms intending to finance already completed projects.

Eligible expenses

The grant is designed to support capital expenses specifically aimed at launching or expanding business operations.

Purchase of equipment necessary for business startup or expansion.
Costs related to the acquisition of new technology or software essential for operations.
Expenses for modifications or renovations of facilities to support business growth.
Expenditures for professional services that aid in the completion or enhancement of the business plan.

Eligible geographic areas

This grant is available exclusively to companies located within the Municipal Regional County of Arthabaska in Quebec, Canada. The eligibility criteria focus on fostering business growth and development within this specific administrative region.

MRC d'Arthabaska, Quebec, Canada.

How to apply to the MRC Arthabaska - Local Investment Fund (FLI) program

Initial contact

Communicate with the funding management organization to express your interest.
Discuss preliminary details to ensure the eligibility of your project.

Initial preparation

Gather the basic information about your business and your project.
Check that your business meets the eligibility requirements.

Development of the business plan

Draft a detailed business plan including the project description, objectives, and job creation potential.
Include financial forecasts and a plan for the required funding contribution.

Technical consultation

Work with the technical support offered to finalize your business plan.
Evaluate the viability and potential success of the project.

Compilation of the required documents

Gather all the necessary documents to support your application.
Check that all the documents are complete and up to date.

Submission of the request

Submit your complete application file to the managing organization before the deadline.
Include all required attachments.

Follow-up on the request

Receive a confirmation of receipt of your request from the organization.
Prepare any additional documentation if requested.

Additional information

Here are additional relevant details for this grant:

The loan must not be used for operational expenses, refinancing existing debts, or funding completed projects.
Applicants may be required to provide additional documentation or fulfill specific conditions upon review of their application.
The provided support includes technical assistance with business plan development and ongoing monitoring and support throughout the loan term.

Apply to this program