
Open
MRC Portneuf — Joint Investment Fund FLI/FLS
Joint financing for business growth and succession
Last Update: April 9, 2026
Funding available
$ 300,000
Timeline
- Open Date : July 13, 2023
Location
Capitale-Nationale, Quebec, Canada
Overview
Joint FLI/FLS financing supports business growth and job creation in Portneuf. It can fund startup, expansion, improvement, transformation, acquisition, and succession projects, with a maximum FLI investment of $150,000 per beneficiary in 12 months.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Increase operational productivity
- Complete an acquisition or business transfer
Eligible Funding
- Maximum amount : 300,000 $
- Up to 50% of project cost
Timeline
- Open Date : July 13, 2023
Eligible candidates
Eligible Industries
- Other services (except public administration)
- Public administration
Location
- Portneuf
- Capitale-Nationale
- Quebec
Legal structures
- Non-profit
- Public or Parapublic institution
- For-profit business
- Social economy enterprise
- Non-financial cooperative
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Startups
Non-profit candidates
Sector of operation
- Social Services
- Economic, Social and Community Development
- Employment and Training
- Business Associations
Target groups
- Rural / Remote communities
- Business owners / entrepreneurs
- Nonprofits / charities
Revenue structures
- Mixed revenue (50%+ earned)
- Fee-for-service model
Scope
- Regional
Next steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Business startup
- Business improvement and transformation
- Business growth and expansion
- Business acquisition
- Entrepreneurial succession and business turnaround
Documents Needed
- Financial assistance application form
- Required supporting documents attached to the application form
Eligibility
Who is eligible?
- For-profit businesses
- Cooperatives
- Non-profit organizations with commercial activities
Who is not eligible
- Businesses registered in the public contracts non-eligible registry (RENA)
- Businesses under bankruptcy or insolvency protection
- Government-owned or government-controlled entities
- Businesses in weapons, fossil fuels, gambling, violent games, sexual exploitation, real estate development, tobacco, or drugs
Eligible expenses
- Additional working capital tied to the project
- Equipment, machinery, technology, and vehicles
- Building, land, renovation, construction, and site improvements
- Professional fees linked to feasibility, implementation, acquisition, or transaction
- Business acquisition and ownership transfer costs
Ineligible Costs and Activities
- Costs incurred before the application is submitted
- Debt service, loan repayments, and capital replacement
- Research and development expenses
- Normal operating expenses
- Quebec sales taxes
Eligible geographic areas
- MRC Portneuf
- Quebec
Processing and Agreement
- Applications are assessed by the MRC for eligibility, analysis, and decision.
- The Joint Investment Committee meets monthly to approve funding requests.
- Approved assistance must be ratified by the council of representatives.
- Requests are processed continuously once all required information and documents are received.
Additional information
- The fund operates under a joint FLI/FLS investment policy adopted by the MRC of Portneuf.
- The Investment Committee meets monthly to approve financial assistance.
- Applications are reviewed continuously once all required information and documents are provided.
- Support, advice, and technical assistance may be available to promoters.
Contacts
Frequently Asked Questions about the MRC Portneuf — Joint Investment Fund FLI/FLS Program
Here are answers to the most common questions about the MRC Portneuf — Joint Investment Fund FLI/FLS. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the MRC Portneuf — Joint Investment Fund FLI/FLS?
Joint FLI/FLS financing supports business growth and job creation in Portneuf. It can fund startup, expansion, improvement, transformation, acquisition, and succession projects, with a maximum FLI investment of $150,000 per beneficiary in 12 months.
How much funding can be received?
MRC Portneuf — Joint Investment Fund FLI/FLS Funds up to 50% of admissible expenses, capped at $300,000 per project.
Who is eligible for the MRC Portneuf — Joint Investment Fund FLI/FLS program?
To be eligible for the MRC Portneuf — Joint Investment Fund FLI/FLS program, you must:
Legally constituted business
Operates in MRC Portneuf
Head office in Quebec
What expenses are eligible under MRC Portneuf — Joint Investment Fund FLI/FLS?
Business startup
Business improvement and transformation
Business growth and expansion
Business acquisition
Entrepreneurial succession and business turnaround
Who can I contact for more information about the MRC Portneuf — Joint Investment Fund FLI/FLS?
You can contact MRC Portneuf by email at none or by phone at none.
Where is the MRC Portneuf — Joint Investment Fund FLI/FLS available?
The MRC Portneuf — Joint Investment Fund FLI/FLS program is available Capitale-Nationale, Quebec.
Is the MRC Portneuf — Joint Investment Fund FLI/FLS a grant, loan, or tax credit?
MRC Portneuf — Joint Investment Fund FLI/FLS is a Expert Advice
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