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MRC Marguerite-D'Youville — Local investment and solidarity funds (FLI and FLS) - Quebec - Canada
Open
Source verified April 9, 2026

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

Business financing for growth and succession
Offered by
MRC de Marguerite-D'Youville (MRCMDY)
Funding available
$ 300,000
Deadline
Open continuously
Location
Montérégie, Quebec, Canada
Who can apply

For-profit businesses

See full eligibility

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.
/100
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
Funds Providers

Eligible candidates

Eligible Industries
  • All industries
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
  • Fee-for-service model
  • Mixed revenue (50%+ earned)
Scope
  • Regional

Next Steps

1
Determine your project
2
Validate your eligibility

Availability timeline

2026
Periods: 1

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

Selection criteria

  • Economic viability and repayment capacity
  • Promoters’ experience and management skills
  • Environmental and social benefits of the project
  • Openness toward workers and labor relations
  • Use of other financing partners

How to apply

  • Step 1: Prepare the application
    • Complete and sign the application form.
    • Prepare the business plan or detailed project description.
    • Compile the project budget breakdown and financing package.
    • Gather financial statements and forecasts.
  • Step 2: Submit the file to the MRC
    • Send the complete application file to the MRC.
    • Include any additional documents requested by the MRC.
  • Step 3: File review and decision
    • The MRC reviews the application as documents are received.
    • The investment committee analyzes the project and makes a decision.
    • For projects over $50,000, the decision is confirmed by the MRC council.
  • Step 4: Funding release
    • After approval, the disbursement is issued according to the financing terms.
    • Disbursement must occur within one year of the investment recommendation or information being presented to the MRC council.

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.
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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.

What is the deadline to apply?

The program is accepting continuous intake

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.