How much funding can be received?

Funds up to 50% of admissible expenses, capped at $150000 per project.

What is the deadline to apply?

The deadline to apply is not specified.

Who are the financial supporters of the MRC du Rocher-Percé — Investment Fund (FLI) and Local Solidarity Fund (FLS)?

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

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

Q: What are MRC du Rocher-Percé — Investment Fund (FLI) and Local Solidarity Fund (FLS)'s eligibility criterias?

Must have a place of business in the MRC du Rocher-Percé Must be a legally constituted private company with a Québec enterprise number (NEQ) Financial sector companies are not eligible

Last Update: June 11, 2025

QC, Canada

Supports business development and growth in the MRC du Rocher-Percé

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

Eligible Funding

Max. $150,000
Up to 50% of project cost

Timeline

Continuous Intakes

Financing Type

Grant and Funding

Loans and Capital investments

Eligible Industries

Agriculture, forestry, fishing and hunting
Utilities
Construction
Manufacturing
Wholesale trade
Transportation and warehousing
Information and cultural industries
Professional, scientific and technical services
Educational services
Health care and social assistance
Arts, entertainment and recreation
Accommodation and food services
Other services (except public administration)
Public administration

Grant Providers

MRC du Rocher-Percé

Status

Open

Overview of the MRC du Rocher-Percé — Investment Fund (FLI) and Local Solidarity Fund (FLS) program

The MRC du Rocher-Percé — Investment Fund (FLI) and Local Solidarity Fund (FLS) provide financial support of up to $150,000 to businesses and eligible organizations for projects that drive economic development, job creation, and entrepreneurship within the region. Eligible activities include business start-up, acquisition, expansion, diversification, commercialization, and the implementation of innovative or structuring projects.

Financing terms and conditions

The maximum amount of non-repayable financial assistance for a single beneficiary cannot exceed $150,000 within any consecutive 12-month period.
For project grants, up to 50% of eligible expenses are covered, with maximums varying by project type (e.g., $25,000 for start-up or expansion/diversification, $15,000 for commercialization or studies/analyses).
For organizations, grants can cover up to 70% of study or structuring project costs (capped at $15,000 for studies/analyses, $50,000 for structuring projects).
Investment loans from local funds (FLI/FLS) cannot exceed $100,000 per business for FLS and $150,000 per business for FLI within a 12-month period, with an absolute FLI ceiling of $300,000 outstanding per business.
Public financial aid (provincial and federal) cannot exceed 50% of the total eligible project cost for private enterprises, or 80% for social economy enterprises.

Eligible projects & activities

Starting or acquiring a business, including entrepreneurial succession projects.
Business expansion and diversification initiatives to increase revenues, productivity or create jobs.
Commercialization efforts, such as developing innovative marketing strategies, launching e-commerce platforms, or enhancing web presence.
Feasibility studies, market analysis, development of strategic plans, and other project validation studies.
Support for innovative startups with high growth potential, especially in technology sectors.

Eligibility criteria of the MRC du Rocher-Percé — Investment Fund (FLI) and Local Solidarity Fund (FLS) program

The company must have a place of business on the territory of the MRC du Rocher-Percé.
The business must be legally constituted and hold a Quebec Enterprise Number (NEQ).
The company can be a private business, a cooperative, or a non-profit recognized as a social economy enterprise, depending on the project.
The project must demonstrate a positive impact on job creation or retention, show potential for profitability and development, and be evaluated for market potential and local competition.
For certain activities, the applicant must be at least 18 years old, be a Canadian citizen or permanent resident, and reside permanently in Quebec.

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).

Eligibility criteria of the MRC du Rocher-Percé — Investment Fund (FLI) and Local Solidarity Fund (FLS) program

Economic viability and long-term profitability of the project.
Demonstrated market potential and competitive positioning.
Potential for job creation or employment retention in the territory.
Alignment with the strategic priorities and development objectives of the MRC.
Efforts made to secure complementary funding from other partners or sources.

How to apply to the MRC du Rocher-Percé — Investment Fund (FLI) and Local Solidarity Fund (FLS) program

Initial contact and eligibility check

Contact the economic development advisor at the MRC
Obtain and complete the official fund application form
Ensure your project and business satisfy basic eligibility criteria

Prepare and collect required documents

Gather all required documents according to business type: business plan or opportunity file for startups, succession plan for takeovers, or executive summary and financial statements for businesses over two years old
Prepare three-year financial forecasts
Assemble any other supporting documentation required for thorough analysis

Submit application to the MRC

Submit the completed application form and supporting documents to the economic development advisor at the MRC
Submission can be done in person, by email, or by mail

Project analysis and preliminary evaluation

The MRC conducts a preliminary eligibility check and analyzes the project's financial, qualitative, and entrepreneurial potential
The applicant may be invited to a meeting and site visit
MRC may issue a conditional letter of financial collaboration, if needed

Committee decision and council approval

The investment committee reviews the application and makes a funding decision in accordance with current policy
The results are submitted for council approval if required

Sign the protocol agreement

A protocol agreement is signed between the MRC and the beneficiary
The agreement defines the terms and modalities for the payment of financial support

Additional information

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.