
MRC Roussillon — Local investment and solidarity funds (FLI and FLS)
- Open continuously
Overview
The Fonds locaux d'investissement (FLI) and Fonds de solidarité (FLS) de la MRC Roussillon offer financial support of up to $250,000 to promote the creation and development of viable businesses. This program is designed to finance activities such as expansion, improvement, asset acquisition and business start-ups.
At a glance
Funding available
- Attract or retain talent
- Develop workforce skills
- Renovate or expand facilities
- Maximum amount : 250,000 $
- Minimum amount : 5,000 $
- Up to 50% of project cost
- Open continuously
Eligible candidates
- Manufacturing
- Wholesale trade
- Retail trade
- Professional, scientific and technical services
- Health care and social assistance
- Other services (except public administration)
- Public administration
- Roussillon
- Montérégie
- Quebec
- For-profit business
- Social economy enterprise
- Non-financial cooperative
- All revenue ranges
- All organization sizes
- Startups
Next Steps
Activities funded
This grant supports business growth and economic enhancements within the MRC of Roussillon. Eligible projects aim to foster entrepreneurship, improve regional business capabilities, and sustain employment.
- Business startup initiatives to encourage new entrepreneurial ventures.
- Expansion projects to increase the capacity and reach of existing businesses.
- Infrastructure improvements or transformations to modernize operations.
- Acquisition of businesses to ensure continuity and growth.
- Entrepreneurial succession planning for seamless business transitions.
Eligibility
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.
Additional information
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.