How much funding can be received?

Funds up to 20% of admissible expenses, capped at $250000 per project.

What is the deadline to apply?

The deadline to apply is not specified.

Who are the financial supporters of the MRC de D’Autray — FLI/FLS?

MRC de D’Autray — FLI/FLS is funded by MRC de D'Autray

What are MRC de D’Autray — FLI/FLS's eligibility criterias?

Enterprise operating primarily in the primary, manufacturing, tertiary driving, or tertiary structuring sectors, located within the MRC de D’Autray territory. Social economy enterprise. Projects involving the succession of existing businesses.

MRC de D’Autray — FLI/FLS

Last Update: February 17, 2025

QC, Canada

Supporting business development through proactive financial solutions

MRC de D’Autray — FLI/FLS at a glance

Eligible Funding

Max. $250,000
Up to 20% of project cost

Timeline

Continuous Intakes

Financing Type

Loans and Capital investments

Eligible Industries

Agriculture, forestry, fishing and hunting
Manufacturing
Other services (except public administration)
Public administration

Grant Providers

MRC de D'Autray

Status

Open

Overview of the MRC de D’Autray — FLI/FLS program

The FLS/FLI program offers funding up to $250,000 to support the start-up, acquisition, or expansion of businesses. It aims to encourage entrepreneurial projects within the MRC de D’Autray area.

Financing terms and conditions

Loan financing up to $250,000 is available for eligible projects.
Term financing can be provided with or without security requirements.
Recipients must contribute at least 20% of the project's total cost as a financial commitment.
The funding offered is intended to complement other financial institution financing.

Eligible projects & activities

Starting a new business within the MRC de D'Autray territory.
Acquiring an existing business in the specified sectors.
Expanding a current enterprise in the region.

Eligibility criteria of the MRC de D’Autray — FLI/FLS program

The enterprise must operate primarily in the primary, manufacturing, tertiary dynamic, or tertiary structuring sectors.
The enterprise must be located on the territory of the MRC de D’Autray.
The enterprise can be a social economy enterprise.
Projects can include the succession of existing businesses.
The project must demonstrate economic viability.
The promoters must provide a contribution of 20% of the project cost.
Investment funds are complementary to the financing from financial institutions.
Access to the program is subject to project approval by a selection committee.

Who is eligible?

Enterprises operating primarily in the primary, manufacturing, and key tertiary sectors located in the MRC de D’Autray region.
Social economy enterprises.
Projects involving the succession of existing businesses.

Eligible expenses

Capital expenditures.
Acquisition of technologies or software.
Working capital and start-up costs associated with the project and demonstrated need in financial forecasts.
Acquisition of voting and majority shares (or interests).
Any other expenses deemed relevant in the project analysis.

Eligible geographic areas

Companies based within the territory of the MRC de D’Autray.

How to apply to the MRC de D’Autray — FLI/FLS program

Initial contact

Contact the D'Autray Economic Development team to express your interest in the FLS/FLI program.
Make an appointment with an advisor to discuss your project and its alignment with the program criteria.

Preparation of the project

Develop a detailed proposal for your project, including objectives, scope, and an economic analysis demonstrating viability.
Prepare financial forecasts demonstrating the necessity of working capital and start-up costs.
Select eligible expenses and gather relevant supporting documents.

Project Evaluation

Submit your project to a selection committee for evaluation.
Wait for the decision regarding the acceptance of your project.

Negotiation and finalization of financing

In case of acceptance, discuss the terms of financing with or without collateral with the advisor.
Finalize the financial agreement including the loan repayment terms.

Additional information

The funds are designed to proactively intervene in business projects to accelerate their realization.
Support is provided in the form of loans, emphasizing the creation and sustainability of viable businesses.
Funding can be used for acquiring voting and majority shares or parts.
The project must demonstrate economic viability.
Applicants need to provide a 20% investment of the project value.
The funding is complementary to financial institution financing.
The eligibility for funding is contingent on the acceptance of the project by a selection committee.

Apply to this program