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RCM de la Vallée-Du-Richelieu — Local investment funds (FLI)
Business financing for startups, growth, and succession in Vallée-Du-Richelieu
Last Update: March 3, 2026
Funding available
Up to 25% of project cost
Timeline
- Open continuously
Location
Montérégie, Quebec, Canada
Overview
The RCM de la Vallée-Du-Richelieu Local Investment Funds (FLI) provides loans to legally constituted businesses and collective enterprises in Quebec to support business startup, growth, transformation, or entrepreneurial succession projects. Eligible activities include working capital needs, acquisition of equipment or property, expansion, renovations, and related professional fees; maximum funding amounts are determined based on the project's needs and justification.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Complete an acquisition or business transfer
- Renovate or expand facilities
Eligible Funding
- Up to 25% of project cost
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- All industries
Location
- Montérégie
- Quebec
Legal structures
- Financial cooperative
- Non-profit
- For-profit business
- Non-financial cooperative
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Startups
Non-profit candidates
Sector of operation
- All industries
Target groups
- All the groups
Revenue structures
- All structures
Scope
- All dimensions
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Launching new business ventures in the start-up phase.
- Implementing projects to improve or transform existing businesses.
- Expanding and growing business operations.
- Acquiring an existing business as part of a succession or business transfer approach.
Eligibility
Who is eligible?
- For-profit companies legally constituted in Quebec or Canada.
- Collective enterprises such as cooperatives and non-profit organizations (NPOs) engaged in commercial activities.
- Agricultural enterprises with their head office and activities in the territory of the MRC de la Vallée-du-Richelieu.
- Social economy enterprises located in the territory of MRCVR.
- Young entrepreneurs aged 18 to 39 wishing to start or develop a business.
Who is not eligible
- Businesses listed in the Register of Enterprises Ineligible for Public Contracts (RENA).
- State-owned companies or businesses directly or indirectly controlled by a government (municipal, provincial, or federal), municipal entity, or enterprises majority-owned by a state corporation.
- Companies in bankruptcy or insolvency.
- Organizations or businesses with ethical violations or that offer products or services likely to harm the integrity or reputation of the Quebec government.
Eligible expenses
- Additional working capital needs, justified and reasonable, required for project completion (for up to two years).
- Capital expenditures directly related to project realization, including acquisition of technology, land, buildings, equipment, machinery, and vehicles, as well as expenses for construction, expansion, renovation, and improvement of premises or land.
- Professional fees for preliminary project activities, such as feasibility analysis, external audit, or impact study.
- Professional fees directly related to the implementation of the project, including integration of technology, equipment, and machinery, as well as acquisition, construction, renovation, or layout of land and premises.
- Acquisition costs for company ownership titles (voting shares or units) and assets as part of a business succession.
- Professional fees directly tied to the transaction, acquisition, and management transition during business succession.
Eligible geographic areas
- Organizations legally constituted to operate in Quebec.
- Businesses within the territory of the Vallée-du-Richelieu Regional County Municipality (MRCVR).
Additional information
- The advisory team assists applicants in preparing and reviewing business models, financial structures, and financial forecasts for their funding requests.
- Applicants must not use subcontractors listed in the Register of Enterprises Ineligible for Public Contracts (RENA).
- Prior financial assistance obligations to the Quebec government or the MRC must have been respected in the past two years.
Frequently Asked Questions about the RCM de la Vallée-Du-Richelieu — Local investment funds (FLI) Program
Here are answers to the most common questions about the RCM de la Vallée-Du-Richelieu — Local investment funds (FLI). 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 RCM de la Vallée-Du-Richelieu — Local investment funds (FLI)?
The RCM de la Vallée-Du-Richelieu Local Investment Funds (FLI) provides loans to legally constituted businesses and collective enterprises in Quebec to support business startup, growth, transformation, or entrepreneurial succession projects. Eligible activities include working capital needs, acquisition of equipment or property, expansion, renovations, and related professional fees; maximum funding amounts are determined based on the project's needs and justification.
How much funding can be received?
RCM de la Vallée-Du-Richelieu — Local investment funds (FLI) Funds up to 25% of admissible expenses.
Who is eligible for the RCM de la Vallée-Du-Richelieu — Local investment funds (FLI) program?
To be eligible for the RCM de la Vallée-Du-Richelieu — Local investment funds (FLI) program, you must:
Legally incorporated for-profit or collective enterprises (co-ops and NPOs) in Quebec or Canada
Organization must be legally constituted in Quebec for business operations
Not in bankruptcy, insolvency, or controlled by government entities
What expenses are eligible under RCM de la Vallée-Du-Richelieu — Local investment funds (FLI)?
Launching new business ventures in the start-up phase.
Implementing projects to improve or transform existing businesses.
Expanding and growing business operations.
Acquiring an existing business as part of a succession or business transfer approach.
Who can I contact for more information about the RCM de la Vallée-Du-Richelieu — Local investment funds (FLI)?
You can contact RCM Vallée-Du-Richelieu (MRCVR).
Where is the RCM de la Vallée-Du-Richelieu — Local investment funds (FLI) available?
The RCM de la Vallée-Du-Richelieu — Local investment funds (FLI) program is available Montérégie, Quebec.
Is the RCM de la Vallée-Du-Richelieu — Local investment funds (FLI) a grant, loan, or tax credit?
RCM de la Vallée-Du-Richelieu — Local investment funds (FLI) is a Loans and Capital investments