MRC Roussillon — Local investment and solidarity funds (FLI and FLS)

Who is eligible?

• For-profit companies legally incorporated in Quebec or Canada
• Collective enterprises such as cooperatives
• Non-profit organizations (NPOs) as defined by the Act on the Social Economy

Eligible expenses

The grant supports expenses associated with investment projects.

• Capital expenditures such as the acquisition of technology, land, buildings, equipment, machinery, and rolling stock.
• Professional fees related to the project's realization and implementation.
• Asset acquisitions including real estate, equipment, and rolling stock, excluding goodwill expenses.
• Purchases of software, technologies, and patents, excluding research and development activities.
• Additional working capital necessary for project completion for a maximum period of two years.

Eligible geographic areas

This grant supports businesses aiming to enhance the economic landscape within a defined regional area. Eligible locations are specified to foster employment and economic growth in the region.

• Businesses with their headquarters located within the MRC Roussillon.

• Step 1: Initial Inquiry
• Contact MRC Roussillon at 260, rue Saint-Pierre, bureau 200, Saint-Constant, Québec, J5A 2A5 for preliminary details on the grant process.
• Phone the provided number at 450 638-1221 to express interest in applying and gather required information.
• Step 2: Prepare Required Documentation
• Compile necessary business documents such as business registration, project proposal, and budget plans.
• Ensure all expenditures fit the eligible costs criteria outlined by the grant.
• Step 3: Submission
• Submit your completed application and supporting documents to the MRC Roussillon, ensuring it reaches their office before any stated deadlines.
• Step 4: Receive Confirmation
• Await acknowledgment of receipt from the MRC Roussillon, which may include an application reference number for tracking.

Here are additional relevant details for this grant:

• The Funds (FLI and FLS) are designed to complement existing bank financing, indicating their role in enhancing access to comprehensive funding solutions.
• A minimum 20% equity or contribution toward the project's total costs is required from the applicant, ensuring the business' commitment and responsibility.
• The grant aims at helping businesses not only grow but also to sustainably support employment in the region, emphasizing long-term economic stability.