MRC Collines-de-l'Outaouais — Local Investment Fund (FLI) and Solidarity Fund (FLS)

• Completed, dated and signed financial assistance application form
• Business plan or detailed project description
• Detailed breakdown of project expenses
• Project financing plan and confirmation of other funding
• Financial statements for the last three years

Who is eligible?

• For-profit businesses
• Cooperatives
• Non-profit organizations with market activities under social economy conditions

Who is not eligible

• Businesses listed in the public contracts debarment register
• Businesses under bankruptcy or insolvency protection
• Government-owned or government-controlled entities
• Businesses in arms, fossil fuels, gambling, violent games, sexual exploitation, or real estate development
• Businesses involved in tobacco or drugs, with limited cannabis and industrial hemp exceptions for FLI only

Eligible expenses

• Working capital needed for the project
• Capital costs directly tied to the project, such as equipment, machinery, buildings, land, and construction or renovation
• Professional fees related to feasibility, audits, impact studies, technology implementation, and project execution
• For succession projects, purchase of shares, assets, and related professional fees

Ineligible Costs and Activities

• Costs incurred before the application is filed
• Debt service, future loan repayments, and capital replacement
• Research and development expenses
• Normal operating expenses and Quebec sales taxes

Eligible geographic areas

• MRC des Collines-de-l’Outaouais
• Quebec

• Economic viability and repayment capacity
• Promoter experience and management skills
• Environmental and social benefits
• Openness toward workers and labour relations
• Participation from other financial partners

• Step 1: Prepare the application
  • Complete and sign the application form.
  • Prepare the business plan or project description and the detailed budget.
  • Compile the financial statements and financing plan.
• Step 2: Submit the file to the MRC
  • Send the completed application with all required documents to the MRC.
  • Provide any additional document requested by the MRC.
• Step 3: File review and decision
  • The MRC reviews the application for eligibility and analyzes the project.
  • The MRC issues the decision once the file is complete.

• Applications are reviewed, analyzed, and decided by the MRC.
• Files are processed continuously once all required information and documents are received.
• The MRC considers budget availability and compliance with program rules.
• An investment agreement or loan contract applies before funding is granted.
• Non-compliance may lead to recovery procedures.

• The MRC may request additional documents if needed.
• Applications are reviewed on an ongoing basis.
• The MRC may grant exceptions in some cases, subject to its rules.
• For FLI cases, a common loan contract is used with the FLS.