Services
Expertises
Resources
Who we are
MRC des Chenaux — Local Investment Fund (FLI) and Solidarity Fund (FLS) - Quebec - Canada
Closed

MRC des Chenaux — Local Investment Fund (FLI) and Solidarity Fund (FLS)

Business financing for growth and succession
MRC des Chenaux (MRC)
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.

Other components of this program

Explore related funding streams and grants that belong to the same program.

Frequently Asked Questions about the MRC des Chenaux — Local Investment Fund (FLI) and Solidarity Fund (FLS) Program

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