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MRC du Granit — FLI
Supports local entrepreneurs with access to various financial aids
Last Update: February 18, 2026
Funding available
Varies by project
Timeline
- Open continuously
Location
Estrie, Quebec, Canada
Overview
The Fonds local d’investissement (FLI) offered by MRC du Granit provides financial support through loans for the start-up and growth of traditional or social economy businesses, as well as for entrepreneurial succession. This program aims to enhance local entrepreneurship, with eligible activities including acquiring a minimum 25% stake in an existing enterprise for succession purposes, excluding simple business buyouts.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Complete an acquisition or business transfer
Eligible Funding
- Varies by project
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- All industries
Location
- Le Granit
- Estrie
- Quebec
Legal structures
- For-profit business
- Social economy enterprise
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Rural or Northern Residents
- Startups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Starting a traditional business.
- Growing an existing traditional business.
- Establishing or expanding a social economy enterprise.
- Supporting entrepreneurial succession by acquiring at least 25% of an existing business or its assets.
Eligibility
Who is eligible?
- Entrepreneurs or groups of entrepreneurs acquiring a minimum of 25% ownership in an existing business or its assets.
- Traditional businesses seeking start-up or growth capital.
- Social economy enterprises pursuing development or expansion.
Who is not eligible
- Entrepreneurs seeking funding for the simple buyout of an existing business (without acquiring at least 25% of the business value or 25% of the fair value of its assets as part of a succession plan).
Ineligible Costs and Activities
- Grants (non-repayable subsidies) are not offered under this program.
- A simple buyout of an existing business (without an acquisition of at least 25% as part of a succession plan) is not eligible for financing.
Eligible geographic areas
- Municipalities within the MRC du Granit region.
Additional information
- The FLI provides financial aid through several forms such as loans, participative loans, and loan guarantees, but does not include grants.
- The FLI is designed to support the acquisition of at least a 25% share in an existing company or its assets for entrepreneurial succession.
- The mere purchase of a business is not eligible for FLI financing.
Contacts
Frequently Asked Questions about the MRC du Granit — FLI Program
Here are answers to the most common questions about the MRC du Granit — FLI. 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 du Granit — FLI?
The Fonds local d’investissement (FLI) offered by MRC du Granit provides financial support through loans for the start-up and growth of traditional or social economy businesses, as well as for entrepreneurial succession. This program aims to enhance local entrepreneurship, with eligible activities including acquiring a minimum 25% stake in an existing enterprise for succession purposes, excluding simple business buyouts.
Who is eligible for the MRC du Granit — FLI program?
To be eligible for the MRC du Granit — FLI program, you must:
The business objectives must align with the investment policy orientations of the MRC.
Entrepreneurs must desire to acquire at least 25% of the value of an existing business or 25% of the fair market value of its assets to be eligible for financing under the succession component.
What expenses are eligible under MRC du Granit — FLI?
Starting a traditional business.
Growing an existing traditional business.
Establishing or expanding a social economy enterprise.
Supporting entrepreneurial succession by acquiring at least 25% of an existing business or its assets.
Who can I contact for more information about the MRC du Granit — FLI?
You can contact MRC du Granit (MRC) by email at info@mrcgranit.qc.ca or by phone at 819 583-0181.
Where is the MRC du Granit — FLI available?
The MRC du Granit — FLI program is available Estrie, Quebec.
Is the MRC du Granit — FLI a grant, loan, or tax credit?
MRC du Granit — FLI is a Loans and Capital investments
Who are the financial supporters of the MRC du Granit — FLI?
MRC du Granit — FLI is funded by MRC du Granit (MRC)