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MRC du Granit — FLI
Last Update: February 18, 2026
Quebec, Canada
Supports local entrepreneurs with access to various financial aids
Loans and Capital investments
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.
At a glance
Funding available
Financing goals
- Buying or selling a company
Eligible Funding
- No Condition
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
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
- The applicant must be seeking funding for the start-up or growth of traditional or social economy enterprises.
- The project must align with the investment policy orientations of the MRC.
- Entrepreneurs or groups of entrepreneurs must intend to acquire at least 25% of the value of an existing enterprise or its assets for the purpose of succession.
- Simple purchase of an existing business is not eligible for funding.
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.
Selection criteria
- Alignment of the company’s objectives with the directions of the MRC’s investment policy.
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
info@mrcgranit.qc.ca
819 583-0181
