MRC Charlevoix - Local Investment Fund (FLI) and Local Solidarity Fund (FLS)

• Completed, dated, and signed application form
• Business plan or detailed project description
• Detailed breakdown of project expenses
• Financial statements for the last three years
• Projected financial statements

Who is eligible?

• Entrepreneurs receiving FLI financing from an MRC or a municipality with MRC powers
• Family buyers, employees, external buyers, and collective takeover groups

Who is not eligible

• Buyers not linked to an FLI-financed project
• Applicants for projects without a business transfer in Quebec
• Projects with stacked public funding of the same nature

Eligible expenses

• Due diligence to determine the fair market value of the business
• Preparation of the business succession agreement
• Professional fees for qualified specialists such as accountants, lawyers, notaries, or HR experts

Ineligible Costs and Activities

• Expenses incurred before the application is submitted
• Public funding of the same nature for the same project

Eligible geographic areas

• Quebec
• MRC of Charlevoix

• The target business must be legally incorporated and operating in Quebec.
• The applicant must be linked to an FLI-financed project.
• The professional involved must have the required expertise for business succession.
• Public support of the same nature cannot be combined for the same project.

• Step 1: Prepare the transfer project
  • Define the acquisition or succession project.
  • Identify the qualified professional involved in the file.
• Step 2: Complete the application
  • Fill out the funding request form.
  • Gather the required financial and project information.
• Step 3: Submit to the MRC
  • Send the completed application to the MRC or delegated organization.
• Step 4: Review and decision
  • The file is reviewed and the decision is communicated after analysis.

• The MRC handles admissibility, analysis, and decision-making.
• Applications are processed as documents and information are received.
• Applicants must provide all required documents before review.
• Any support is granted according to the program’s terms and conditions.

• Applications are reviewed continuously once complete.
• The MRC handles admissibility, analysis, and decision-making.
• The program is part of the MRC de Charlevoix FLI/FLS investment policy.