Open
Last Update: March 25, 2026
Funding available
$ 150,000
Timeline
- Open continuously
Location
Lanaudière, Quebec, Canada
Overview
This financing supports businesses in the MRC de L'Assomption with loans and investment support. It is designed for startup, improvement, transformation, growth, expansion, acquisition, succession, temporary financing, and turnaround projects.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Optimize production processes
- Launch or market a product/service
Eligible Funding
- Maximum amount : 150,000 $
- Up to 50% of project cost
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- All industries
Location
- L'Assomption
- Lanaudière
- 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
- All organization sizes
Audience
- Startups
Non-profit candidates
Sector of operation
- Environment
- Economic, Social and Community Development
- Employment and Training
Target groups
- 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 and commercial launch
- Business improvement and transformation
- Business growth and expansion
- Entrepreneurial succession and business acquisition
- Temporary bridge financing and turnaround projects
Documents Needed
- Completed and signed financial assistance application form
- Business plan or detailed project description
- Detailed breakdown of project expenses
- Financial package and confirmation of other funding
- Recent financial statements and forecasted statements
Eligibility
Who is eligible?
- For-profit businesses
- Cooperatives with commercial activities
- Non-profit organizations with social economy activities
Who is not eligible
- Publicly owned or government-controlled companies
- Businesses under bankruptcy or creditor protection
- Businesses involved in weapons, fossil fuels, gambling, violent games, sex-related activities, or real estate management and development
- Businesses listed in the public contracts registry ban list
Eligible expenses
- Working capital needed for project delivery
- Capital costs for technology, land, buildings, equipment, machinery, vehicles, construction, renovation, and site or premises setup
- Professional fees for feasibility studies, external audits, impact studies, and project implementation
- Acquisition costs for ownership shares, assets, and transaction-related professional fees for succession projects
Ineligible Costs and Activities
- Costs incurred before the application is submitted
- Debt service, loan repayments, capital replacement, and capital payouts
- Transactions between related businesses or partners
- Research and development expenses and normal operating expenses
- Quebec sales taxes
Eligible geographic areas
- MRC de L'Assomption
- Quebec
Processing and Agreement
- Applications are reviewed by the MRC de L'Assomption.
- Files are analyzed continuously as required information is received.
- Decisions take into account budget availability and program rules.
- An investment decision agreement applies before financing is granted.
Additional information
- The program is managed by the MRC de L'Assomption through CieNOV.
- It uses a joint FLI/FLS investment approach, with possible exceptions.
- Applications are reviewed on an ongoing basis as documents are received.
- Each file is subject to opening fees and annual follow-up fees.
Frequently Asked Questions about the MRC de L'Assomption — FLI/FLS Program
Here are answers to the most common questions about the MRC de L'Assomption — 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 de L'Assomption — FLI/FLS?
This financing supports businesses in the MRC de L'Assomption with loans and investment support. It is designed for startup, improvement, transformation, growth, expansion, acquisition, succession, temporary financing, and turnaround projects.
How much funding can be received?
MRC de L'Assomption — FLI/FLS Funds up to 50% of admissible expenses, capped at $150,000 per project.
Who is eligible for the MRC de L'Assomption — FLI/FLS program?
To be eligible for the MRC de L'Assomption — FLI/FLS program, you must:
Legally constituted business
Active in Quebec
Operates in MRC de L'Assomption
What expenses are eligible under MRC de L'Assomption — FLI/FLS?
Business startup and commercial launch
Business improvement and transformation
Business growth and expansion
Entrepreneurial succession and business acquisition
Temporary bridge financing and turnaround projects
Where is the MRC de L'Assomption — FLI/FLS available?
The MRC de L'Assomption — FLI/FLS program is available Lanaudière, Quebec.
Is the MRC de L'Assomption — FLI/FLS a grant, loan, or tax credit?
MRC de L'Assomption — FLI/FLS is a Loans and Capital investments
Who are the financial supporters of the MRC de L'Assomption — FLI/FLS?
MRC de L'Assomption — FLI/FLS is funded by MRC de L'Assomption