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MRC Papineau — Local Investment Fund (FLI) and Solidarity Fund (FLS) - Quebec - Canada
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MRC Papineau — Local Investment Fund (FLI) and Solidarity Fund (FLS)

Financing for business growth and succession
MRC Papineau (MRC)
Last Update: April 10, 2026
Funding available
$ 150,000
Timeline
  • Open Date : September 11, 2023
Location
Outaouais, Quebec, Canada

Overview

This program provides financing of up to $150,000 through the FLI and up to $100,000 through the FLS. It supports business start-up, expansion, improvement, transformation, acquisition, succession, and temporary financing projects in the MRC of Papineau.
/100
Opportunity Score
Moderate potential, but conditions must align.

At a glance

Funding available

Financing goals
  • Increase performance through digital transformation
  • Increase social or community impact
  • Increase production or service capacity
Eligible Funding
  • Maximum amount : 150,000 $
  • Up to 50% of project cost
Timeline
  • Open Date : September 11, 2023

Eligible candidates

Eligible Industries
  • All industries
Location
  • Papineau
  • Outaouais
  • Quebec
Legal structures
  • For-profit business
  • Social economy enterprise
  • Non-profit
Annual revenue
  • All revenue ranges
Organisation size
  • All organization sizes
Audience
  • Startups
Non-profit candidates
Sector of operation
  • Economic, Social and Community Development
  • Not Elsewhere Classified
Target groups
  • Rural / Remote communities
  • Business owners / entrepreneurs
  • Nonprofits / charities
Revenue structures
  • Mixed revenue (50%+ earned)
Scope
  • Regional
  • Provincial

Next Steps

1
Determine your project
2
Validate your eligibility

Activities funded

  • Business start-up from commercialization to break-even
  • Business succession and transfer of ownership
  • Business acquisition
  • Business improvement, transformation, growth, and expansion
  • Temporary bridge financing and business turnaround projects

Documents Needed

  • Completed, dated, and signed application form
  • Business plan or detailed project description
  • Detailed breakdown of project expenses
  • Financial package and confirmation of other financing
  • Financial statements for the last three years

Eligibility

Who is eligible?

  • For-profit businesses
  • Cooperatives
  • Non-profit organizations with commercial activities
  • Social economy enterprises

Who is not eligible

  • Businesses listed in the Register of Enterprises Ineligible for Public Contracts (RENA)
  • State-owned or government-controlled companies
  • Businesses under bankruptcy or insolvency protection
  • Businesses in weapons, fossil fuels, gambling, adult entertainment, or real estate development sectors
  • Businesses focused only on subcontracting or operations outsourcing

Eligible expenses

  • Working capital needed for the project
  • Land, buildings, equipment, machinery, and vehicles
  • Construction, expansion, renovation, and site or premises improvements
  • Professional fees such as feasibility studies, external audits, and impact studies
  • Acquisition of business shares, assets, and transaction-related professional fees for succession projects

Ineligible Costs and Activities

  • Expenses incurred before the application is submitted
  • Debt service, loan repayments, and capital replacement
  • Research and development expenses
  • Normal operating expenses
  • Projects in pre-start-up stage

Eligible geographic areas

  • MRC of Papineau
  • Businesses operating in Quebec

Processing and Agreement

  • Applications are reviewed, analyzed, and decided on by the MRC.
  • Files are processed on an ongoing basis once all required information and documents are received.
  • The MRC ensures fair treatment between businesses and checks budget availability.
  • Approved projects are monitored periodically after funding is granted.
  • Businesses receiving financing must provide annual financial statements to the MRC.

Additional information

  • A $350 non-refundable opening fee applies per file.
  • Approved businesses must send annual financial statements to the MRC.
  • The MRC provides support, advice, and technical assistance to promoters.
  • Periodic monitoring is carried out after financing is granted.

Other components of this program

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

Frequently Asked Questions about the MRC Papineau — Local Investment Fund (FLI) and Solidarity Fund (FLS) Program

What is the MRC Papineau — Local Investment Fund (FLI) and Solidarity Fund (FLS)?

This program provides financing of up to $150,000 through the FLI and up to $100,000 through the FLS. It supports business start-up, expansion, improvement, transformation, acquisition, succession, and temporary financing projects in the MRC of Papineau.

How much funding can be received?

MRC Papineau — Local Investment Fund (FLI) and Solidarity Fund (FLS) Funds up to 50% of admissible expenses, capped at $150,000 per project.

Who is eligible for the MRC Papineau — Local Investment Fund (FLI) and Solidarity Fund (FLS) program?

To be eligible for the MRC Papineau — Local Investment Fund (FLI) and Solidarity Fund (FLS) program, you must: Legally incorporated business Operates in the MRC of Papineau Registered in Quebec

What expenses are eligible under MRC Papineau — Local Investment Fund (FLI) and Solidarity Fund (FLS)?

Business start-up from commercialization to break-even Business succession and transfer of ownership Business acquisition Business improvement, transformation, growth, and expansion Temporary bridge financing and business turnaround projects

Where is the MRC Papineau — Local Investment Fund (FLI) and Solidarity Fund (FLS) available?

The MRC Papineau — Local Investment Fund (FLI) and Solidarity Fund (FLS) program is available Outaouais, Quebec.

Is the MRC Papineau — Local Investment Fund (FLI) and Solidarity Fund (FLS) a grant, loan, or tax credit?

MRC Papineau — Local Investment Fund (FLI) and Solidarity Fund (FLS) is a Loans and Capital investments

Who are the financial supporters of the MRC Papineau — Local Investment Fund (FLI) and Solidarity Fund (FLS)?

MRC Papineau — Local Investment Fund (FLI) and Solidarity Fund (FLS) is funded by MRC Papineau (MRC)