Closed
MRC des Chenaux — Local Investment Fund (FLI) and Solidarity Fund (FLS)
Business financing for growth and succession
Last Update: April 9, 2026
Funding available
$ 150,000
Timeline
- Open Date : September 20, 2023
- Closing date : September 20, 2023
Location
Mauricie, Quebec, Canada
Overview
The program provides combined FLI and FLS financing to support business development in MRC des Chenaux. It helps fund startup, growth, improvement, transformation, acquisition, and succession projects, with maximum funding limits of $100,000 for the FLS and $150,000 per beneficiary for the FLI over 12 months.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Increase production or service capacity
- Increase operational productivity
Eligible Funding
- Maximum amount : 150,000 $
Timeline
- Open Date : September 20, 2023
- Closing date : September 20, 2023
Eligible candidates
Eligible Industries
- Manufacturing
- Professional, scientific and technical services
- Arts, entertainment and recreation
Location
- Des Chenaux
- Mauricie
- Quebec
Legal structures
- Non-profit
- Public or Parapublic institution
- Non-financial cooperative
- Social economy enterprise
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Startups
Non-profit candidates
Sector of operation
- Economic, Social and Community Development
- Employment and Training
- Business Associations
Target groups
- Rural / Remote communities
- Business owners / entrepreneurs
- Nonprofits / charities
Revenue structures
- Mixed revenue (50%+ earned)
Scope
- Regional
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Business startup and commercialization
- Business improvement, transformation, and digitalization
- Business growth and expansion
- Entrepreneurial succession and business acquisition
- Temporary bridge financing and business turnaround
Documents Needed
- Completed and signed funding application form
- Business plan or detailed project description
- Detailed breakdown of project expenses
- Project financing plan and confirmation of other funding
- Financial statements and required compliance declarations
Eligibility
Who is eligible?
- For-profit businesses
- Social economy enterprises with market activities
- Cooperatives and non-profits meeting social economy conditions
Who is not eligible
- Publicly controlled companies and state-owned enterprises
- Businesses under bankruptcy or creditor arrangement protection
- Companies on the public contracts ineligible registry (RENA)
- Businesses in arms, fossil fuels, gambling, violent games, sex trade, or real estate development
- Businesses operating in tobacco, vaping, cannabis, or other excluded activities
Eligible expenses
- Working capital needed to carry out the project
- Capital expenses directly tied to the project
- Professional fees related to feasibility or project implementation
- Acquisition costs for shares, assets, or business transfer transactions
Ineligible Costs and Activities
- Costs incurred before the application is submitted
- Debt service and principal repayment on existing or upcoming loans
- Research and development expenses
- Normal operating expenses of the business
- Projects in pre-startup stage
Eligible geographic areas
- MRC des Chenaux
- Businesses with head office in Quebec
Processing and Agreement
- Applications are reviewed, analyzed, and decided by the MRC.
- Files are processed continuously once the required information and documents are provided.
- The review takes into account fair treatment of businesses, budget availability, and program rules.
- If approved, financing is granted under the loan agreement terms.
- Non-compliance may lead to collection measures.
Additional information
- Applications are reviewed continuously once all required information is received.
- The MRC may support applicants with advice and technical assistance.
- A single loan agreement is used for combined FLI/FLS financing.
- Early repayment is allowed under the loan agreement terms.
Frequently Asked Questions about the MRC des Chenaux — Local Investment Fund (FLI) and Solidarity Fund (FLS) Program
Here are answers to the most common questions about the MRC des Chenaux — Local Investment Fund (FLI) and Solidarity Fund (FLS). This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the MRC des Chenaux — Local Investment Fund (FLI) and Solidarity Fund (FLS)?
The program provides combined FLI and FLS financing to support business development in MRC des Chenaux. It helps fund startup, growth, improvement, transformation, acquisition, and succession projects, with maximum funding limits of $100,000 for the FLS and $150,000 per beneficiary for the FLI over 12 months.
How much funding can be received?
MRC des Chenaux — Local Investment Fund (FLI) and Solidarity Fund (FLS) Funds up to $150,000 of admissible expenses.
What is the deadline to apply?
The application deadline for this grant program was September 20, 2023.
Who is eligible for the MRC des Chenaux — Local Investment Fund (FLI) and Solidarity Fund (FLS) program?
To be eligible for the MRC des Chenaux — Local Investment Fund (FLI) and Solidarity Fund (FLS) program, you must:
Operating in MRC des Chenaux
Head office in Quebec
Registered business with market activities
What expenses are eligible under MRC des Chenaux — Local Investment Fund (FLI) and Solidarity Fund (FLS)?
Business startup and commercialization
Business improvement, transformation, and digitalization
Business growth and expansion
Entrepreneurial succession and business acquisition
Temporary bridge financing and business turnaround
Where is the MRC des Chenaux — Local Investment Fund (FLI) and Solidarity Fund (FLS) available?
The MRC des Chenaux — Local Investment Fund (FLI) and Solidarity Fund (FLS) program is available Mauricie, Quebec.
Is the MRC des Chenaux — Local Investment Fund (FLI) and Solidarity Fund (FLS) a grant, loan, or tax credit?
MRC des Chenaux — Local Investment Fund (FLI) and Solidarity Fund (FLS) is a Expert Advice