How much funding can be received?

Funds up to 50% of admissible expenses, capped at $150000 per project.

What is the deadline to apply?

The deadline to apply is not specified.

Who are the financial supporters of the MRC de Thérèse de Blainville — FLI/FLS?

MRC de Thérèse de Blainville — FLI/FLS is funded by MRC Thérèse de Blainville

What are MRC de Thérèse de Blainville — FLI/FLS's eligibility criterias?

For-profit businesses legally constituted under Quebec or Canadian law Must operate within the MRC de Thérèse-De Blainville and have headquarters in Quebec Registered with the Registre des entreprises du Québec (REQ)

MRC de Thérèse de Blainville — FLI/FLS

Last Update: June 10, 2025

QC, Canada

Financial support for business development in Thérèse-De Blainville

MRC de Thérèse de Blainville — FLI/FLS at a glance

Eligible Funding

Max. $150,000
Up to 50% of project cost

Timeline

Open Date : October 1, 2023

Financing Type

Loans and Capital investments

Eligible Industries

Agriculture, forestry, fishing and hunting
Manufacturing
Information and cultural industries
Professional, scientific and technical services
Arts, entertainment and recreation
Accommodation and food services
Other services (except public administration)

Grant Providers

MRC Thérèse de Blainville

Status

Open

Overview of the MRC de Thérèse de Blainville — FLI/FLS program

The FLI/FLS program of the MRC de Thérèse-De Blainville provides financial support to businesses for start-up, expansion, acquisition, succession, and organizational transformation projects, with funding amounts up to $150,000 per recipient in a 12-month period (and up to $300,000 cumulatively outstanding). The program aims to foster economic development and job creation in the region by supporting eligible activities in manufacturing, information technology, agro-food transformation, business services, and other innovative sectors.

Financing terms and conditions

The maximum cumulative investment from the FLS in a single enterprise (or group) must not exceed $100,000.
The FLI can fund up to 50% of eligible project expenses (up to 80% for social economy enterprises).
The maximum amount provided by the FLI for a single beneficiary is $150,000 over any twelve-month period; the total repayable balance across all FLI support must not exceed $300,000 at any time.
The combined total of direct or indirect government financial assistance must not surpass 50% of total project costs, or 80% for social economy enterprises.
For startup projects, promoters must contribute at least 20% of project costs as equity (minimum 15% in some cases).

Eligible projects & activities

Starting up new businesses that are in the commercialization phase.
Business succession projects where a new owner or group acquires at least 25% of an existing company to ensure its continued operation.
Acquisition of existing businesses or their assets by eligible companies.
Improving business productivity, implementing digital transformations, or adopting sustainable organizational practices.
Expanding business operations, including launching new products or services, entering new markets, or supporting export activities.

Examples of admissible projects:

$ 129,000

Acquisition of refrigerated trucks for local produce delivery

$ 115,000

Digital transformation of a local custom furniture manufacturing

$ 108,000

Launch of vegan gourmet ready-to-eat meal production facility

$ 125,000

Business succession for local printing company with digital upgrade

Eligibility criteria of the MRC de Thérèse de Blainville — FLI/FLS program

The business must be legally constituted under Quebec or Canadian law, or be a collective enterprise such as a cooperative or a non-profit organization (OBNL) operating in the social economy with commercial activities.
The enterprise must operate within the territory of the MRC de Thérèse-De Blainville and have its head office located in Quebec.
The company must be registered with the Registre des entreprises du Québec (REQ).
The business must demonstrate economic viability, relevant management experience, and have a clear positive impact on employment and regional economic development.
The project must be at the commercialization stage or beyond (pre-startup phases are not eligible).

Who is eligible?

Legally incorporated for-profit companies in Quebec or Canada
Social economy enterprises (cooperatives and non-profit organizations with commercial activities)
Manufacturing businesses
Recreotourism sector enterprises
Companies in agri-food processing, information technology, or business services with a commercial and industrial character

Who is not eligible

Companies registered on the Register of Enterprises Ineligible for Public Contracts (RENA), including their subcontractors for the project.
Businesses that have failed to meet obligations related to previous financial aid from the Ministry or MRC in the past two years.
State-owned enterprises or companies directly or indirectly controlled by a government (municipal, provincial, or federal) or majority-owned by such entities.
Companies under bankruptcy protection (Companies’ Creditors Arrangement Act or Bankruptcy and Insolvency Act).
Businesses involved in sectors such as arms production, fossil fuel extraction and refining (except activities supporting carbon transition), gambling operations, violent games or combat sports involving living beings, sexual exploitation, real estate management and development (except certain projects enhancing tenant living conditions), tobacco or non-approved drug-related industries, and non-authorized recreational or medical cannabis activities.

Eligible expenses

Additional working capital required for the execution of the project, for up to two years, based on justified and reasonable expenses.
Capital expenditures strictly and directly tied to the project, such as acquisition of technology, land, buildings, equipment, machinery, or rolling stock, as well as construction, expansion, renovation, or improvement of facilities and premises.
Professional fees incurred prior to project implementation, including feasibility analyses, external audits, or impact studies.
Professional fees strictly and directly related to the project, such as technology implementation, equipment and machinery installation, and activities connected to the acquisition, construction, renovation, or improvement of facilities.
For business succession projects: acquisition costs for company ownership titles (voting shares or units) and assets of the targeted company.
Professional fees strictly and directly related to the transaction, acquisition, and transfer of business leadership.

Eligible geographic areas

Businesses operating within the territory of the MRC de Thérèse-De Blainville, Quebec.
Companies with their head office located in Quebec.

Eligibility criteria of the MRC de Thérèse de Blainville — FLI/FLS program

Economic viability of the business: The project must demonstrate sustainability, profitability, repayment capacity, and strong future prospects.
Knowledge and experience of the promoters: Promoters must show relevant industry experience and management skills, or have access to the necessary internal or external support.
Environmental and societal impacts: Projects must contribute to the socio-economic and environmental improvement of the MRC territory by implementing sustainable business practices.
Openness to employees: The company's approach to labor relations and its openness toward workers are considered in the assessment.
Participation of other financial partners: The involvement of other capital sources, particularly the minimal participation of a financial institution and promoters’ equity contribution, is strongly encouraged.

How to apply to the MRC de Thérèse de Blainville — FLI/FLS program

Verify eligibility

Identify your company's eligibility for the FLI/FLS program
Review the specific criteria for your type of business and project

Prepare required documents

Gather required documents: completed application form, business plan, detailed project description, financial statements for the past three years, interim and projected financial statements, breakdown of project expenses, confirmation of other financial contributions, and any certificates or declarations as applicable
Ensure all documents meet submission requirements

Submit application

Complete and sign the application form
Submit the application and all supporting documents to the MRC

Await decision

Wait for the MRC to process and review your application
Respond to any additional requests or clarifications if needed

Additional information

The investment policy became effective as of October 1, 2023, replacing previous versions.
Annual follow-up fees and file opening fees apply, with specific amounts and refund conditions depending on application outcome.
The policy outlines a formal mechanism for handling requests for exceptions or amendments, subject to administrative approvals.
Policy changes must be communicated to the Ministry of Economy, Innovation and Energy (MEIE) and Fonds locaux de solidarité FTQ, s.e.c.