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MRC L'Islet — Local investment fund (FLI / FLS)
Financing for business development projects
Last Update: April 9, 2026
Funding available
$ 150,000
Timeline
- Open continuously
Location
Chaudière-Appalaches, Quebec, Canada
Overview
This program provides financing for business start-up, expansion, succession, consolidation, and acquisition projects in MRC de L’Islet. It supports eligible activities through unsecured loans to help businesses secure working capital and complete their projects.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase production or service capacity
- Implement environmental initiatives
- Increase operational productivity
Eligible Funding
- Maximum amount : 150,000 $
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- Agriculture, forestry, fishing and hunting
- Mining, quarrying, and oil and gas extraction
- Utilities
- Manufacturing
- Information and cultural industries
- Administrative and support, waste management and remediation services
- Arts, entertainment and recreation
- Accommodation and food services
Location
- De L'Islet
- Chaudière-Appalaches
- Quebec
Legal structures
- All legal structures
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 projects
- Business expansion projects
- Succession or transfer of business ownership
- Business consolidation projects
- Business acquisition projects
Documents Needed
- Completed business plan
- Financial forecasts for 3 years
- Succession plan, for succession projects
Eligibility
Who is eligible?
- Manufacturing and processing businesses
- Agriculture and agri-food businesses
- Forestry businesses
- Mining businesses
- Tourism and tertiary engine businesses
Who is not eligible
- Traditional tertiary-sector businesses, except in certain cases
- Businesses focused only on subcontracting or outsourcing operations
- Projects with negative equity after financing
- Housing projects
- Most public-sector bodies and organizations managing Quebec government programs
Eligible expenses
- Land, buildings, equipment, machinery, and rolling stock
- Incorporation fees and similar capital expenditures
- Technology, software, and patents
- Working capital for the first year of operations or expansion
- Acquisition costs, professional fees, and debt service for eligible succession, acquisition, or consolidation projects
Ineligible Costs and Activities
- Costs incurred before the official application is received
- Basic operating costs, debt service, and repayment of future loans
- Projects already completed
- Projects limited to subcontracting or operational outsourcing
- Housing projects, except certain service-related facilities for residents
Eligible geographic areas
- MRC de L'Islet
Processing and Agreement
- The application is reviewed by the MRC and the investment committee.
- Project viability, management quality, market potential, and financial structure are assessed.
- The applicant may be asked to provide additional support or technical follow-up.
- If approved, the financing terms are set through a loan agreement.
- If the borrower does not meet obligations, recovery procedures may be applied.
Additional information
- The MRC offers business advisory and technical support to applicants.
- Support may include business plan assistance and financing search guidance.
- Company follow-up and specialized referrals may be available.
Contacts
Frequently Asked Questions about the MRC L'Islet — Local investment fund (FLI / FLS) Program
Here are answers to the most common questions about the MRC L'Islet — Local investment fund (FLI / FLS). 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 L'Islet — Local investment fund (FLI / FLS)?
This program provides financing for business start-up, expansion, succession, consolidation, and acquisition projects in MRC de L’Islet. It supports eligible activities through unsecured loans to help businesses secure working capital and complete their projects.
How much funding can be received?
MRC L'Islet — Local investment fund (FLI / FLS) Funds up to $150,000 of admissible expenses.
Who is eligible for the MRC L'Islet — Local investment fund (FLI / FLS) program?
To be eligible for the MRC L'Islet — Local investment fund (FLI / FLS) program, you must:
Legally incorporated business
Located in MRC de L’Islet
Complete business plan required
What expenses are eligible under MRC L'Islet — Local investment fund (FLI / FLS)?
Business start-up projects
Business expansion projects
Succession or transfer of business ownership
Business consolidation projects
Business acquisition projects
Who can I contact for more information about the MRC L'Islet — Local investment fund (FLI / FLS)?
You can contact MRC de L'Islet by email at none or by phone at none.
Where is the MRC L'Islet — Local investment fund (FLI / FLS) available?
The MRC L'Islet — Local investment fund (FLI / FLS) program is available Chaudière-Appalaches, Quebec.
Is the MRC L'Islet — Local investment fund (FLI / FLS) a grant, loan, or tax credit?
MRC L'Islet — Local investment fund (FLI / FLS) is a Loans and Capital investments