Open
Source verified September 3, 2026
MRC Mékinac — V Fund
Financial support for growing businesses in the territory
Offered by
Funding available
$ 50,000 - $ 150,000
Deadline
Open continuously
Location
Canada
Who can apply
Any legally incorporated business whose main operations are carried out on the territory of the MRC de Mékinac.
See full eligibility
Overview
The Fonds V of the MRC de Mékinac provides financial and technical assistance to legally incorporated businesses, self-employed workers, cooperatives and social economy businesses on the territory of the MRC de Mékinac to create and maintain jobs. It supports expansion projects, equipment acquisition and working capital to complete a major project successfully.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase production or service capacity
- Increase operational productivity
Eligible Funding
- Maximum amount : 150,000 $
- Minimum amount : 50,000 $
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- Canada
Legal structures
- For-profit business
- Sole proprietorship
- Non-profit
- Social economy enterprise
- Non-financial cooperative
Annual revenue
- $ 2,000,000 minimum revenue
Organisation size
- 8 employees minimum
Audience
- All groups
Non-profit candidates
Sector of operation
- All industries
Target groups
- All the groups
Revenue structures
- Mixed revenue (50%+ earned)
Scope
- All dimensions
Next Steps
1
Determine your project
2
Validate your eligibility
Availability timeline
2026
Periods: 1
Activities funded
- Expansion projects.
Documents Needed
- Business plan
- Most recent financial statements produced by a chartered professional accountant
Eligibility
Who is eligible?
- Any legally incorporated business whose main operations are carried out on the territory of the MRC de Mékinac.
- Self-employed workers.
- Cooperatives.
- Legally incorporated social economy businesses recognized by the MRC de Mékinac according to the MEI definition and the MRC de Mékinac analysis grid.
- Businesses in the agri-food, manufacturing, business services and tourism sectors.
Who is not eligible
- Businesses in personal services and retail trade.
- Organizations under the Government of Quebec or managing a program under the Government of Quebec, including childcare centres (CPE), home support services, perinatal centres, educational services, housing, youth employment centres (CJE) and regional county municipalities (MRC or equivalent).
Eligible expenses
- Capital expenditures such as land, building, equipment, machinery and rolling stock.
- The acquisition of technologies, software or packaged software, excluding research and development activities.
Ineligible Costs and Activities
- Expenses incurred before the date the financing request is received by the MRC or its delegated organization.
- Expenses related to business operations, debt service, repayment of future loans or financing of a project already completed.
- Research and development activities.
- Pre-startup, startup, succession and consolidation projects.
- Housing projects.
Eligible geographic areas
- Territory of the MRC de Mékinac
Selection criteria
- The economic viability of the business, including profitability, repayment capacity and good prospects.
- The economic benefits in terms of job creation and retention.
- The knowledge and experience of the promoters, as well as their management skills.
- The business’s openness toward its employees and its approach to labour relations.
- The participation of other financial partners is desirable; for agricultural files, the participation of the Financière agricole du Québec or the Financière agricole du Canada is required, and the market, revenue prospects, clientele, competition, environmental standards and compliance with rules are taken into account.
Processing and Agreement
- Financing a project requires follow-up, and each file must be reviewed annually.
- The financial analyst in the MRC de Mékinac economic development department follows up on business files.
- They may negotiate agreements subject to validation by the investment committee.
- Contracts authorized under the Fonds V must be prepared by the financial analyst of the MRC de Mékinac.
- If the borrower fails to meet their obligations, the MRC may use the legal mechanisms and procedures to recover its investments in accordance with the recovery policy in force.
Additional information
- The Fonds V takes a proactive approach in cases.
- Promoters can expect to receive the support, advice and technical assistance appropriate to their project.
Contacts
Frequently Asked Questions about the MRC Mékinac — V Fund Program
What is the MRC Mékinac — V Fund?
The Fonds V of the MRC de Mékinac provides financial and technical assistance to legally incorporated businesses, self-employed workers, cooperatives and social economy businesses on the territory of the MRC de Mékinac to create and maintain jobs. It supports expansion projects, equipment acquisition and working capital to complete a major project successfully.
How much funding can be received?
MRC Mékinac — V Fund Funds up to $150,000 of admissible expenses.
What is the deadline to apply?
The program is accepting continuous intake
Who is eligible for the MRC Mékinac — V Fund program?
To be eligible for the MRC Mékinac — V Fund program, you must:
The company must have its main operations on the territory of the MRC de Mékinac and be registered with the REQ.
The company must show a minimum annual revenue of 2 000 000 $ and have at least 8 employees before submission.
The project must be an expansion project.
Who can I contact for more information about the MRC Mékinac — V Fund?
You can contact MRC de Mékinac by email at patrick.roux@mrcmekinac.com or by phone at 418 365-5151 poste 119.
Where is the MRC Mékinac — V Fund available?
The MRC Mékinac — V Fund program is available across Canada.
Is the MRC Mékinac — V Fund a grant, loan, or tax credit?
MRC Mékinac — V Fund is a Loans and Capital investments