How much funding can be received?

Funds up to 150000% of admissible expenses.

What is the deadline to apply?

The deadline to apply is not specified.

Who are the financial supporters of the MRC Beauce-Centre — Local Investment Funds (FLI-FLS)?

MRC Beauce-Centre — Local Investment Funds (FLI-FLS) is funded by MRC Beauce-Centre

MRC Beauce-Centre — Local Investment Funds (FLI-FLS)

Q: What are MRC Beauce-Centre — Local Investment Funds (FLI-FLS)'s eligibility criterias?

The enterprise must be in the start-up, expansion, or transfer phase. The business must operate in the primary, secondary (manufacturing), or tertiary sectors. Small and medium-sized enterprises (SMEs), including social economy enterprises, are eligible.

Last Update: January 24, 2025

QC, Canada

FLI-FLS supports businesses in Beauce-Centre with funding

MRC Beauce-Centre — Local Investment Funds (FLI-FLS) at a glance

Eligible Funding

Max. $150,000

Timeline

Continuous Intakes

Financing Type

Loans and Capital investments

Eligible Industries

Agriculture, forestry, fishing and hunting
Manufacturing

Grant Providers

MRC Beauce-Centre

Status

Open

Overview of the MRC Beauce-Centre — Local Investment Funds (FLI-FLS) program

The Fonds locaux d'investissement et de solidarité (FLI-FLS) provides financial and technical support to new, expanding, or transferring businesses in primary, secondary (manufacturing), or tertiary sectors within the MRC Beauce-Centre, aiming to create and maintain jobs. The program offers funding up to $150,000 per enterprise, with conditions tailored to needs such as startup, acquisition, succession, export, growth support, and modernization.

Financing terms and conditions

The Local Investment Funds (FLI-FLS) grant provides adaptable financing solutions to support business growth across various phases. It aims to facilitate capital access for local enterprises in the primary, secondary, and tertiary sectors.

Loans can reach up to $150,000 per eligible business.
Financing terms are customized to address various business needs such as start-up, acquisition, succession, exportation, growth support, and modernization.
No fees for opening a file or for follow-up services.
Possibility of repayment at any time without penalty.
Competitive interest rates to promote sustainable financial management.
Leverage effect to maximize investment impact.

Eligible projects & activities

This grant supports projects that aid in job creation and retention through financial and technical assistance, tailored to local development priorities. Eligible activities focus on the growth and sustainability of new and existing businesses across various sectors.

Business startup initiatives in the primary, manufacturing (secondary), or key tertiary sectors.
Expansion projects for existing businesses to foster regional economic growth.
Business transfer to ensure continuity and job stability.
Acquisition projects that enable business scaling and sustainability.
Exportation plans to reach wider markets and enhance business viability.
Growth support to facilitate modernisation and competitive positioning.

Eligibility criteria of the MRC Beauce-Centre — Local Investment Funds (FLI-FLS) program

Eligibility for this grant is determined by the nature and status of the company, as well as the sector in which it operates.

The company must be in the start-up phase, expanding, or undergoing a business transfer.
Eligible sectors include primary, secondary (manufacturing), or tertiary motor sectors.
The grant is available to small and medium-sized enterprises (SMEs) on the territory.
Businesses can include social economy enterprises.

Who is eligible?

Start-up businesses, expanding businesses, and businesses undergoing ownership transfer that operate in the primary, secondary (manufacturing), or tertiary key sectors are eligible. The FLI-FLS is open to all SMEs within the territory, including social economy enterprises.

Eligible geographic areas

This grant supports companies specifically within the municipal boundaries of the MRC Beauce-Centre. It is designed to aid local economic development targeting new and existing businesses.

Businesses located within the MRC Beauce-Centre region.

How to apply to the MRC Beauce-Centre — Local Investment Funds (FLI-FLS) program

Initial contact

Contact Diane Pouliot via the provided email address to express your interest and check your initial eligibility.
Call the indicated number to discuss your project with the senior advisor.

Individual appointment

Organize an individual meeting with Diane Pouliot to discuss the details of your project.
Present the main outlines of your project and get advice on preparing your grant application.

Preparation of the file

Draft a clear project plan including objectives, methods, and expected outcomes.
Compile all necessary documents, such as the budget, intellectual property titles, and any other relevant information.

Follow-up Consultation

Schedule a follow-up meeting with Diane Pouliot to review your prepared file and receive feedback.
Make the necessary adjustments according to the recommendations provided.

Submission of the application

Ensure that all required documents are gathered and comply with the requirements.
Send the complete file to the specified email address or physical address after your consultation.

Confirmation of receipt

Receive a confirmation of receipt of your request via email with all the required elements.
Keep this confirmation for your personal records.

Additional information

Here are additional relevant details for this grant:

No fees are charged for opening a file or for follow-up services.
Loans can be repaid at any time without penalty.
The initiative acts as a financial leverage to assist businesses.
Competitive interest rates are a key feature of the loan offering.

Contact MRC Beauce-Centre

diane.pouliot@bceconomique.com

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