MRC d'Avignon — Local Investment Funds (FLI) and Local Solidarity Funds (FLS)

• Completed and signed financial assistance application form
• Business plan or detailed project description
• Detailed project expenses and financing plan, with confirmation of other funding
• Financial statements for the last three years, plus interim and forecast statements when required
• Any other document requested by the MRC

Who is eligible?

• For-profit businesses incorporated under Quebec or Canadian law
• Cooperatives with commercial activities
• Eligible social economy non-profits with commercial activities

Who is not eligible

• Public corporations, government-controlled entities, and businesses in bankruptcy or insolvency proceedings
• Businesses listed on the public contracts register for ineligible companies
• Businesses with serious ethical, environmental, labor, or human-rights compliance issues
• Businesses in excluded sectors such as arms, fossil fuels, gambling, violent sports, sexual exploitation, real estate development, tobacco or drug activities, and most cannabis-related activities
• Pre-startup projects and businesses focused only on subcontracting or relocating jobs

Eligible expenses

• Additional working capital needed for the project
• Purchase, construction, renovation, or expansion of land, buildings, equipment, machinery, technology, and site improvements
• Professional fees for feasibility, impact studies, audits, and project implementation
• Acquisition of business shares or assets, and related transaction or transfer fees

Ineligible Costs and Activities

• Costs incurred before the application is filed, debt service, future loan repayments, capital replacement, and normal operating expenses
• Research and development costs and Quebec sales taxes
• Transactions between related businesses or partners
• Projects focused only on subcontracting, privatization, pre-startup, or moving jobs or activities outside the local municipality
• Businesses in excluded sectors such as arms, fossil fuels, gambling, violent sports, sexual exploitation, real estate development, tobacco or drug activities, most cannabis activities, and housing projects

Eligible geographic areas

• MRC Avignon territory
• Quebec

• The MRC reviews applications continuously once all required information and documents have been received.
• The file is assessed for admissibility, analysis, and decision by the MRC and its investment committee.
• If approved, the project is covered by an agreement setting the payment conditions and obligations of both parties.
• If the borrower does not meet its obligations, the MRC may use recovery measures.

• Free technical support and mentoring are available.
• The MRC also helps applicants identify the right financing tools.
• Applications are reviewed with the local development priorities in mind.
• Support services are confidential.