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MRC Marguerite-D'Youville — Local investment and solidarity funds (FLI and FLS) - Quebec - Canada
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MRC Marguerite-D'Youville — Local investment and solidarity funds (FLI and FLS)

Business financing for growth and succession
MRC de Marguerite-D'Youville (MRCMDY)
Last Update: April 9, 2026
Funding available
$ 300,000
Timeline
  • Open continuously
Location
Montérégie, Quebec, Canada

Overview

The program can provide up to $150,000 through the FLI and up to $100,000 through the FLS. It supports business start-up, growth, improvement, transformation, acquisition, succession, and temporary financing.
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Opportunity Score
Moderate potential, but conditions must align.

At a glance

Funding available

Financing goals
  • Increase performance through digital transformation
  • Increase production or service capacity
  • Develop a new product or service
Eligible Funding
  • Maximum amount : 300,000 $
  • Up to 50% of project cost
Timeline
  • Open continuously

Eligible candidates

Eligible Industries
  • Manufacturing
  • Information and cultural industries
  • Professional, scientific and technical services
  • Health care and social assistance
  • Other services (except public administration)
  • Public administration
Location
  • Marguerite-D’Youville
  • Montérégie
  • Quebec
Legal structures
  • Non-profit
  • Public or Parapublic institution
  • Non-financial cooperative
  • Social economy enterprise
  • For-profit business
Annual revenue
  • All revenue ranges
Organisation size
  • All organization sizes
Audience
  • Startups
Non-profit candidates
Sector of operation
  • Environment
  • Economic, Social and Community Development
  • Employment and Training
  • Business Associations
Target groups
  • Business owners / entrepreneurs
  • Nonprofits / charities
Revenue structures
  • Mixed revenue (50%+ earned)
  • Fee-for-service model
Scope
  • Regional

Next Steps

1
Determine your project
2
Validate your eligibility

Activities funded

  • Business start-up at the commercialization stage
  • Business succession and ownership transfer
  • Business acquisition
  • Business improvement, transformation, growth, and expansion
  • Temporary bridge financing and turnaround projects

Documents Needed

  • Completed, dated, and signed application form
  • Business plan or detailed project description
  • Detailed project expense breakdown
  • Financial package and confirmation of other funding sources
  • Financial statements and forecasts

Eligibility

Who is eligible?

  • For-profit businesses
  • Cooperatives
  • Non-profit organizations with social economy activities

Who is not eligible

  • Businesses listed in the public contracts exclusion register
  • Companies under bankruptcy or creditor protection
  • State-owned or government-controlled companies
  • Businesses in arms, fossil fuels, gambling, violent games, sex-related activities, or real estate development
  • Restaurants, except local services in underserved communities

Eligible expenses

  • Working capital needed to carry out the project
  • Purchase of technology, land, buildings, equipment, machinery, and rolling stock
  • Construction, expansion, renovation, and fit-out of sites and premises
  • Professional fees for feasibility, audits, impact studies, implementation, and transaction support
  • Acquisition of shares, assets, or business ownership interests for succession projects

Ineligible Costs and Activities

  • Costs incurred before the application is submitted
  • Debt service, loan repayments, capital replacement, and capital payments
  • Research and development expenses
  • Normal operating expenses and Quebec sales taxes

Eligible geographic areas

  • MRC Marguerite-D’Youville
  • Businesses must have headquarters in Quebec

Processing and Agreement

  • The MRC reviews eligibility, analysis, and the final decision
  • Applications are assessed continuously once all required information is received
  • The investment committee reviews the project before a decision is confirmed
  • For amounts above $50,000, the recommendation goes to the MRC council for approval
  • Applicants may be reassessed if disbursement is delayed more than one month after the offer letter

Additional information

  • Application processing is ongoing once all required information is provided.
  • The MRC manages the assessment and decision process.
  • There is a non-refundable $150 opening fee per file.
  • A 2% monitoring fee is included in the interest rate for financed files.

Other components of this program

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

Frequently Asked Questions about the MRC Marguerite-D'Youville — Local investment and solidarity funds (FLI and FLS) Program

What is the MRC Marguerite-D'Youville — Local investment and solidarity funds (FLI and FLS)?

The program can provide up to $150,000 through the FLI and up to $100,000 through the FLS. It supports business start-up, growth, improvement, transformation, acquisition, succession, and temporary financing.

How much funding can be received?

MRC Marguerite-D'Youville — Local investment and solidarity funds (FLI and FLS) Funds up to 50% of admissible expenses, capped at $300,000 per project.

Who is eligible for the MRC Marguerite-D'Youville — Local investment and solidarity funds (FLI and FLS) program?

To be eligible for the MRC Marguerite-D'Youville — Local investment and solidarity funds (FLI and FLS) program, you must: Legally constituted business Operates in the MRC Registered in Quebec

What expenses are eligible under MRC Marguerite-D'Youville — Local investment and solidarity funds (FLI and FLS)?

Business start-up at the commercialization stage Business succession and ownership transfer Business acquisition Business improvement, transformation, growth, and expansion Temporary bridge financing and turnaround projects

Who can I contact for more information about the MRC Marguerite-D'Youville — Local investment and solidarity funds (FLI and FLS)?

You can contact MRC de Marguerite-D'Youville (MRCMDY).

Where is the MRC Marguerite-D'Youville — Local investment and solidarity funds (FLI and FLS) available?

The MRC Marguerite-D'Youville — Local investment and solidarity funds (FLI and FLS) program is available Montérégie, Quebec.

Is the MRC Marguerite-D'Youville — Local investment and solidarity funds (FLI and FLS) a grant, loan, or tax credit?

MRC Marguerite-D'Youville — Local investment and solidarity funds (FLI and FLS) is a Grant and Funding