MRC du Rocher-Percé — Investment Fund (FLI) and Local Solidarity Fund (FLS)

Who is eligible?

• Legally constituted for-profit businesses with their principal place of business in the MRC du Rocher-Percé
• Cooperatives recognized as social economy enterprises
• Non-profit organizations recognized as social economy enterprises
• Private companies (except those in the financial sector and other explicitly excluded industries)
• Businesses whose economic activities generate direct economic benefits and jobs in the MRC du Rocher-Percé (even if the head office is outside the MRC)

Who is not eligible

• Private financial sector companies and financial cooperatives.
• Businesses registered on the Register of Enterprises Not Eligible for Public Contracts (RENA).
• Bars, video clubs, arcades, franchises (such as Tim Hortons, McDonald's, etc.), flea markets, pet breeding businesses.
• Trucking and taxi companies, travel agencies or websites, home product distribution, tattooing and piercing, vaping.
• Companies in the cannabis and industrial hemp industry related to recreational products, unlicensed products, or additional cannabis-derived products such as edibles, topicals, concentrates, tinctures, or capsules.
• Private companies operating solely in retail and restaurant sectors (except for proximity services in underserved communities).
• State-owned companies or those majority-owned by a government, including municipalities and organizations managing government programs.
• Companies involved in armaments, fossil fuel (unless for low-carbon transition), gambling, violent sports, sexual exploitation, or tobacco/drug sales and services.
• Businesses primarily involved in real estate management and development (except for projects improving tenant living conditions).
• Companies under bankruptcy or insolvency protection or with a significant ethical or legal compliance breach.

Eligible expenses

• Capital expenditures such as acquisition of land, buildings, equipment, machinery, and rolling stock.
• Costs for incorporation and similar administrative expenses for establishing an entity.
• Acquisition of technologies, including know-how, licenses, manufacturing agreements, patents, software, and similar technology-related expenditures.
• Working capital strictly related to business operations, calculated for the first year for some programs and up to two years for others.
• Acquisition costs of shares, ownership interests, or business assets (in the context of business acquisition or succession).
• Professional fees directly tied to the project (e.g., for expansion, diversification, analysis, or feasibility), including consulting, expertise, or external audits when justified as part of the project.
• Salaries and social charges specifically dedicated to the realization of a specific time-limited project (for certain NPOs and organizations).
• Costs for the acquisition of technology solutions, software, or business management tools necessary for the project.
• Other direct costs inherent to the planning and completion of the approved business project.

Eligible geographic areas

• Businesses and organizations established on the territory of the MRC du Rocher-Percé (Québec).

• Recipients of financial support are required to maintain their business location within the MRC du Rocher-Percé for a specific period following grant or loan approval, or repay funds proportionally if this condition is not met.
• A protocol agreement outlining the terms and obligations of the financial support must be signed before any funds are disbursed.
• On projects involving new construction, renovation, or major equipment acquisition, specific funding limits and reimbursement formulas apply and may require additional documentation.
• All funded projects must provide permanent visibility for the MRC du Rocher-Percé, following the MRC's visibility policy.