MRC de Montcalm — FLI/FLS

• Completed, dated and signed application form
• Business plan or detailed project description
• Detailed project expense breakdown
• Financial statements for the last three years
• Financial forecasts and supporting financing plan

Who is eligible?

• For-profit businesses
• Cooperatives and non-profit organizations with commercial activities
• Businesses carrying out activities in the MRC de Montcalm territory

Who is not eligible

• Businesses listed in the register of enterprises ineligible for public contracts
• State-owned or government-controlled companies
• Businesses under bankruptcy or creditor arrangement protection
• Companies involved in weapons, fossil fuels, gambling, or sex-related activities
• Businesses focused only on subcontracting or outsourcing operations

Eligible expenses

• Working capital needed for the project
• Equipment, machinery, vehicles, land, and buildings directly tied to the project
• Construction, renovation, expansion, and site development
• Professional fees linked to feasibility, implementation, or acquisition
• Transaction and acquisition costs for business succession projects

Ineligible Costs and Activities

• Expenses incurred before the application is submitted
• Debt service and repayment of existing loans
• Research and development expenses
• Routine operating expenses not tied to the project
• Sales taxes and transactions between related parties

Eligible geographic areas

• MRC de Montcalm
• Businesses with a head office in Quebec and an establishment on the MRC territory

• Applications are reviewed for admissibility, analysis, and decision by the MRC.
• Files are processed as soon as the required information and documents are received.
• The investment committee evaluates the file and makes a decision by majority vote.
• The committee’s decision is then sent to the MRC council for confirmation.
• If approved, financing conditions and engagement fees apply before disbursement.

• Application files are reviewed continuously as documents are received.
• Support from MRC staff includes advice, technical assistance, and periodic follow-up.
• Application fees are payable when a financing agreement is reached.
• The investment committee’s decision is later confirmed by the MRC council.