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MRC Bécancour — Local investment fund (FLI) - “new business” component
Financing for new manufacturing businesses
Offered by
MRC Bécancour
Record updated
- Funding available
- $ 75,000
- Up to 25% of project cost
- Deadline
- Open continuously
- Location
- Quebec, Canada
Overview
This financing supports new manufacturing businesses in the MRC Bécancour. It offers a term loan of up to 25% of project costs, to a maximum of $75,000, for eligible capital expenditures and working capital needs.
At a glance
Funding available
- Maximum funding
- $75,000
- Maximum share of project costs
- 25%
- Start a business
Eligible candidates
- Location
- Bécancour
- Centre-du-Québec
- Quebec
- Eligible Industries
- All industries
- Annual revenue
- All revenue ranges
- Organisation size
- All organization sizes
- Audience
- Startups
- Legal structures
- For-profit business
Start applying for this program
Take a practical assessment to gain a clear understanding of how well this program aligns with your specific needs and long-term goals.
Availability timeline
2026
Periods: 1
Eligibility
Who is eligible?
- New manufacturing businesses.
Who is not eligible
- Primary agricultural businesses.
- Traditional tertiary sector businesses, including retail and services.
- Tourism businesses.
- Non-profit organizations.
Eligible expenses
- Capital expenditures such as land, buildings, equipment, vehicles, and incorporation fees, excluding goodwill.
- Working capital needs related to business operations.
Ineligible Costs and Activities
- Goodwill.
Eligible geographic areas
- MRC Bécancour.
Activities funded
- Launch of a new business in the manufacturing sector.
Additional information
- The financing is complementary to other financial partners and the promoter’s equity contribution.
- Loan terms include a capital moratorium in the first year.
- No interest is charged in the first three years.
Frequently Asked Questions about the MRC Bécancour — Local investment fund (FLI) - “new business” component Program
What is the MRC Bécancour — Local investment fund (FLI) - “new business” component?
This financing supports new manufacturing businesses in the MRC Bécancour. It offers a term loan of up to 25% of project costs, to a maximum of $75,000, for eligible capital expenditures and working capital needs.
How much funding can be received?
MRC Bécancour — Local investment fund (FLI) - “new business” component Funds up to 25% of admissible expenses, capped at $75,000 per project.
What is the deadline to apply?
The program is accepting continuous intake
Who is eligible for the MRC Bécancour — Local investment fund (FLI) - “new business” component program?
To be eligible for the MRC Bécancour — Local investment fund (FLI) - “new business” component program, you must:
Business operating less than 2 years.
Registered with the Quebec business register.
Manufacturing project only.
What expenses are eligible under MRC Bécancour — Local investment fund (FLI) - “new business” component?
Capital expenditures such as land, buildings, equipment, vehicles, and incorporation fees, excluding goodwill.
Working capital needs related to business operations.
Where is the MRC Bécancour — Local investment fund (FLI) - “new business” component available?
The MRC Bécancour — Local investment fund (FLI) - “new business” component program is available Centre-du-Québec, Quebec.
Is the MRC Bécancour — Local investment fund (FLI) - “new business” component a grant, loan, or tax credit?
MRC Bécancour — Local investment fund (FLI) - “new business” component is a Loans and Capital investments