Open
MRC Drummond — Local investment funds and local solidarity funds
Financing for manufacturing investment projects
Last Update: April 29, 2026
Funding available
$ 75,000
Timeline
- Open continuously
Location
Centre-du-Québec, Quebec, Canada
Overview
This program provides a term loan for manufacturing businesses in development. It supports investment projects and eligible capital and working capital expenses, with up to $75,000 in financing.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase production or service capacity
- Increase operational productivity
- Strengthen organizational capacity
Eligible Funding
- Maximum amount : 75,000 $
- Up to 25% of project cost
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- Manufacturing
Location
- Drummond
- Centre-du-Québec
- Quebec
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Manufacturing sector investment projects.
Eligibility
Who is eligible?
- Manufacturing businesses.
Who is not eligible
- Traditional tertiary sector businesses, including retail and services.
- Tourism businesses.
- Agri-food businesses.
- Primary agricultural businesses.
Eligible expenses
- Land and buildings.
- Equipment and rolling stock.
- Incorporation fees.
- Working capital strictly related to business operations.
Ineligible Costs and Activities
- Goodwill expenses.
How to apply
1
Eligibility verification
- Ensure that your business is in the manufacturing sector.
- Check that your business has been operational for more than two years.
- Confirm that the investment project is between $50,000 and $300,000.
- Check that your business is registered with the Quebec Enterprise Register (REQ).
- Have at least 10% of the project cost as a down payment.
2
Preparation of the request
- Prepare a detailed project description.
- Compile all required documents: proof of business registration, project plan detailing the budget and eligible expenses.
- Obtain letters of support from other potential financial partners.
3
Consultation with the organization
Contact the organization offering the FLI for prior advice or clarification on the necessary documentation.
4
Submission of the request
- Submit your complete application to the office of the agency responsible for the FLI.
- Include all required documents as well as a copy of your project plan.
5
Follow-up on the request
- Wait for a confirmation of receipt of your request.
- Prepare to respond to any additional information requests from the organization.
Additional information
- The aid is complementary to financing from other partners.
- Repayment terms vary over the life of the loan.
Frequently Asked Questions about the MRC Drummond — Local investment funds and local solidarity funds Program
What is the MRC Drummond — Local investment funds and local solidarity funds?
This program provides a term loan for manufacturing businesses in development. It supports investment projects and eligible capital and working capital expenses, with up to $75,000 in financing.
How much funding can be received?
MRC Drummond — Local investment funds and local solidarity funds Funds up to 25% of admissible expenses, capped at $75,000 per project.
Who is eligible for the MRC Drummond — Local investment funds and local solidarity funds program?
To be eligible for the MRC Drummond — Local investment funds and local solidarity funds program, you must:
Operating for at least two years.
Registered with the Quebec enterprise register.
Minimum 10% equity contribution.
What expenses are eligible under MRC Drummond — Local investment funds and local solidarity funds?
Manufacturing sector investment projects.
Where is the MRC Drummond — Local investment funds and local solidarity funds available?
The MRC Drummond — Local investment funds and local solidarity funds program is available Centre-du-Québec, Quebec.
Is the MRC Drummond — Local investment funds and local solidarity funds a grant, loan, or tax credit?
MRC Drummond — Local investment funds and local solidarity funds is a Loans and Capital investments
Who are the financial supporters of the MRC Drummond — Local investment funds and local solidarity funds?
MRC Drummond — Local investment funds and local solidarity funds is funded by MRC Bécancour (MRC)