Open
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.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Complete an acquisition or business transfer
- Start a business
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.
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
Other components of this program
Explore related funding streams and grants that belong to the same program.
- Développement Vaudreuil-Soulanges — FLI-FLSFunding for business projects in Vaudreuil-Soulanges
- MRC Abitibi — Local Investment Fund (FLI)Local financing for business growth and succession
- MRC Arthabaska - Local Investment Fund (FLI)Term financing for business growth
- MRC Beaharnois-Salaberry — Local Investment Fund (FLI)Support for business development and job creation in Beauharnois-Salaberry
- MRC Beauce-Centre — Local Investment Funds (FLI-FLS)Local financing for business growth in Beauce-Centre
- MRC Bécancour - Local Investment Fund (FLI) - “General” componentTerm financing for business growth and acquisitions
- MRC Bécancour — Local Investment Fund (FLI) - “Business to be acquired” componentFinancing for business acquisition projects
- MRC Bécancour — Local Investment Fund (FLI) - “Developing business” componentFinancing for manufacturing development projects
- MRC Bécancour — Local investment fund (FLI) - “new business” componentFinancing for new manufacturing businesses
- MRC Bellechasse — Local Investment Fund - Succession Component (FLI Relève)Interest-free succession financing for businesses
Frequently Asked Questions about the MRC du Granit — FLI Program
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 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