MRC de D’Autray — FLI/FLS

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.

• Step 1: Initial Consultation
• Contact the Développement Économique D’Autray team to express interest in the FLI/FLS grant.
• Schedule an appointment with one of their advisors to discuss your business project and eligibility.
• Step 2: Project Viability Assessment
• Work with the advisor to evaluate the economic viability of your project.
• Prepare necessary documentation that demonstrates the potential success and sustainability of your business plan.
• Step 3: Prepare Application Documentation
• Compile comprehensive financial projections illustrating the needs for capital and projected returns.
• Gather all pertinent information including business plans, proof of required 20% promoter contribution, and details of financial backing from other institutions.
• Step 4: Submit Application to Selection Committee
• Complete the application process as instructed by the Développement Économique D’Autray advisor.
• Submit all required documents to the Selection Committee for evaluation.
• Step 5: Await Response
• Wait for feedback from the Selection Committee on the approval status of your application.
• Follow up with Développement Économique D’Autray if necessary for updates.

• 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.