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MRC Portneuf — Joint Investment Fund FLI/FLS - Quebec - Canada
Open
Source verified July 23, 2026

MRC Portneuf — Joint Investment Fund FLI/FLS

Joint financing for business growth and succession
Offered by
MRC Portneuf
Funding available
$ 300,000
Deadline
Open continuously
Location
Capitale-Nationale, Quebec, Canada
Who can apply

For-profit businesses

See full eligibility

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
Funds Providers

Eligible candidates

Eligible Industries
  • All industries
Location
  • Portneuf
  • Capitale-Nationale
  • Quebec
Legal structures
  • Non-profit
  • Public or Parapublic institution
  • Non-financial cooperative
  • Social economy enterprise
  • For-profit business
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
  • Fee-for-service model
  • Mixed revenue (50%+ earned)
Scope
  • Regional

Next Steps

1
Determine your project

Availability timeline

2026
Periods: 1

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

Selection criteria

  • Business financial viability and repayment capacity
  • Promoters’ knowledge and relevant experience
  • Environmental and social impact
  • Openness toward workers and labour relations
  • Participation of other financial partners

How to apply

  • Step 1: Prepare the application
    • Complete the financial assistance application form.
    • Gather the required supporting documents.
  • Step 2: Submit the request
    • Attach the required documents to the application form.
    • Send the complete file to the MRC through the funding request process.
  • Step 3: Review and decision
    • The MRC reviews the file for eligibility and analysis.
    • The Joint Investment Committee reviews and approves funding requests monthly.
    • Approved decisions are then ratified by the council of representatives.

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.
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Other components of this program

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Frequently Asked Questions about the MRC Portneuf — Joint Investment Fund FLI/FLS Program

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.

What is the deadline to apply?

The program is accepting continuous intake

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

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 Loans and Capital investments