Closed
Source verified August 6, 2026
Promotion Saguenay — Local Solidarity Fund (FLS)
Business financing for growth in Saguenay
Offered by
Funding available
$ 50,000
Deadline
Closed
Location
Saguenay, Quebec, Canada
Overview
Promotion Saguenay — Local Solidarity Fund (FLS) supports legally constituted businesses operating in the territory of the city of Saguenay and headquartered in Quebec with financing up to 50,000 $ to help create and maintain jobs. It backs startup, expansion, and acquisition projects, with technical and financial support for viable local businesses.
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At a glance
Funding available
Financing goals
- No objectives are currently available
Eligible Funding
- Maximum amount : 50,000 $
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- Saguenay
- Quebec
Legal structures
- All legal structures
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Startup projects.
- Expansion projects.
- Acquisition projects.
Eligibility
Who is eligible?
- Legally constituted businesses.
- OBNLs created under Part III of the Quebec Companies Act, when they are social economy enterprises that meet Annex A conditions.
- Any legal form is admissible.
Who is not eligible
- Organizations of the Government of Quebec or organizations that manage a program of the Government of Quebec, including Centres de la petite enfance (CPE), services de soutien à domicile, centres de périnatalité, services éducatifs, Centres locaux de développement (CLD), Carrefours Jeunesse Emploi (CJE), Municipalités régionales de comté (MRC or equivalent), and Conférences régionales des élus (CRÉ).
- OBNLs created under Part III of the Quebec Companies Act that are not social economy enterprises meeting Annex A conditions.
Ineligible Costs and Activities
- Housing projects.
- Businesses whose activities consist only of subcontracting or the privatization of operations or certain operations that would only move an economic activity and jobs from one organization to another.
Eligible geographic areas
- Territory of the city of Saguenay.
- Quebec, for the business head office.
Selection criteria
- The business plan must show lasting profitability, repayment capacity, and good prospects.
- The specificity of the sector and the state of competition are considered to ensure real employment growth and avoid negative impacts on existing businesses.
- Promoters must show relevant domain knowledge, management skills, and experience, and provide internal and/or external support if needed.
- The company’s openness toward workers and labour relations approach are taken into account.
- The participation of other financial partners, including a minimum financial institution involvement and promoters’ equity, is strongly desirable.
Additional information
- The fund provides both financial and technical support.
- It is designed to accelerate business projects and support entrepreneurship, viable businesses, employment development, and local economic development in Saguenay.
Frequently Asked Questions about the Promotion Saguenay — Local Solidarity Fund (FLS) Program
What is the Promotion Saguenay — Local Solidarity Fund (FLS)?
Promotion Saguenay — Local Solidarity Fund (FLS) supports legally constituted businesses operating in the territory of the city of Saguenay and headquartered in Quebec with financing up to 50,000 $ to help create and maintain jobs. It backs startup, expansion, and acquisition projects, with technical and financial support for viable local businesses.
How much funding can be received?
Promotion Saguenay — Local Solidarity Fund (FLS) Funds up to $50,000 of admissible expenses.
Who is eligible for the Promotion Saguenay — Local Solidarity Fund (FLS) program?
To be eligible for the Promotion Saguenay — Local Solidarity Fund (FLS) program, you must:
The project must be a startup, expansion, or acquisition project.
The business must be legally constituted and registered in the Quebec enterprise register (REQ).
For OBNLs under Part III of the Quebec Companies Act, only social economy enterprises meeting Annex A conditions are eligible.
What expenses are eligible under Promotion Saguenay — Local Solidarity Fund (FLS)?
Startup projects.
Expansion projects.
Acquisition projects.
Where is the Promotion Saguenay — Local Solidarity Fund (FLS) available?
The Promotion Saguenay — Local Solidarity Fund (FLS) program is available the province of Quebec.
Is the Promotion Saguenay — Local Solidarity Fund (FLS) a grant, loan, or tax credit?
Promotion Saguenay — Local Solidarity Fund (FLS) is a Loans and Capital investments
Who are the financial supporters of the Promotion Saguenay — Local Solidarity Fund (FLS)?
Promotion Saguenay — Local Solidarity Fund (FLS) is funded by Promotion Saguenay