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MRC L'Érable — Local Investment Fund (FLI) - Quebec - Canada
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MRC L'Érable — Local Investment Fund (FLI)

Financial support for business growth projects
Last Update: April 9, 2026
Funding available
$ 150,000
Timeline
  • Open continuously
Location
Centre-du-Québec, Quebec, Canada

Overview

This financing program offers technical and financial support of up to $150,000 for business start-up, expansion, and turnaround projects. It can be used for eligible working capital, assets, technology acquisitions, professional fees, and related business investments.
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Opportunity Score
Moderate potential, but conditions must align.

At a glance

Funding available

Financing goals
  • Increase production or service capacity
  • Increase operational productivity
  • Complete an acquisition or business transfer
Eligible Funding
  • Maximum amount : 150,000 $
  • Up to 50% of project cost
Timeline
  • Open continuously

Eligible candidates

Eligible Industries
  • All industries
Location
  • L’Érable
  • Centre-du-Québec
  • Quebec
Legal structures
  • Sole proprietorship
  • Social economy enterprise
  • For-profit business
Annual revenue
  • All revenue ranges
Organisation size
  • All organization sizes
Audience
  • Startups

Next Steps

1
Determine your project
2
Validate your eligibility

Activities funded

  • Business start-up
  • Business improvement and transformation
  • Growth and expansion
  • Business succession

Documents Needed

  • Project presentation document
  • Three-year financial forecasts
  • Other relevant supporting documents

Eligibility

Who is eligible?

  • Businesses in all sectors of activity

Eligible expenses

  • Working capital for the first two years of the project
  • Land, buildings, equipment, and rolling stock
  • Incorporation fees
  • Technology, software, and patent acquisition
  • Professional fees

Ineligible Costs and Activities

  • Research and development activities

Eligible geographic areas

  • MRC L'Érable

Selection criteria

  • All business sectors are eligible
  • Project viability and profitability
  • Economic impact of the project
  • 20% post-project equity

How to apply

  • Step 1: Prepare your file
    • Prepare a project presentation document.
    • Prepare three-year financial forecasts.
    • Gather any other relevant supporting documents.
  • Step 2: Submit your application
    • Submit the complete application to Development économique de L'Érable.
  • Step 3: Review and decision
    • Your file is assessed based on the program criteria and project viability.

Processing and Agreement

  • Applications are reviewed by the fund manager after submission
  • Approval is based on the program criteria and project assessment
  • Funding conditions apply before the loan is granted

Additional information

  • The program is intended for start-ups, expanding businesses, and turnaround projects.
  • Development économique de L'Érable may change the program without notice.

Other components of this program

Explore related funding streams and grants that belong to the same program.

Frequently Asked Questions about the MRC L'Érable — Local Investment Fund (FLI) Program

What is the MRC L'Érable — Local Investment Fund (FLI)?

This financing program offers technical and financial support of up to $150,000 for business start-up, expansion, and turnaround projects. It can be used for eligible working capital, assets, technology acquisitions, professional fees, and related business investments.

How much funding can be received?

MRC L'Érable — Local Investment Fund (FLI) Funds up to 50% of admissible expenses, capped at $150,000 per project.

Who is eligible for the MRC L'Érable — Local Investment Fund (FLI) program?

To be eligible for the MRC L'Érable — Local Investment Fund (FLI) program, you must: Start-up, expansion, or turnaround business Viable and profitable project 20% post-project equity

What expenses are eligible under MRC L'Érable — Local Investment Fund (FLI)?

Business start-up Business improvement and transformation Growth and expansion Business succession

Where is the MRC L'Érable — Local Investment Fund (FLI) available?

The MRC L'Érable — Local Investment Fund (FLI) program is available Centre-du-Québec, Quebec.

Is the MRC L'Érable — Local Investment Fund (FLI) a grant, loan, or tax credit?

MRC L'Érable — Local Investment Fund (FLI) is a Loans and Capital investments

Who are the financial supporters of the MRC L'Érable — Local Investment Fund (FLI)?

MRC L'Érable — Local Investment Fund (FLI) is funded by MRC L'Érable (MRC)