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MRC Rimouski-Neigette — Local Investment Fund - Rimouski - Quebec - Canada
Open
Source verified July 23, 2026

MRC Rimouski-Neigette — Local Investment Fund

Financing for business growth and succession
Offered by
MRC Rimouski-Neigette
Funding available
$ 10,000 - $ 150,000
Deadline
Open continuously
Location
Rimouski, Bas-Saint-Laurent, Quebec, Canada
Who can apply

For-profit businesses

See full eligibility

Overview

Funding can reach up to 150,000 CAD through the FLI, while FLS financing may reach 100,000 CAD per business group. It supports business start-up, improvement, expansion, acquisition, succession, and temporary financing projects.
/100
Opportunity Score
Moderate potential, but conditions must align.

At a glance

Funding available

Financing goals
  • Increase performance through digital transformation
  • Increase production or service capacity
  • Increase operational productivity
Eligible Funding
  • Maximum amount : 150,000 $
  • Minimum amount : 10,000 $
  • Up to 50% of project cost
Funds Providers

Eligible candidates

Eligible Industries
  • All industries
Location
  • Rimouski-Neigette
  • Rimouski
  • Bas-Saint-Laurent
  • Quebec
Legal structures
  • For-profit business
  • Social economy enterprise
  • Non-profit
Annual revenue
  • All revenue ranges
Organisation size
  • All organization sizes
Audience
  • Startups
Non-profit candidates
Sector of operation
  • Economic, Social and Community Development
Target groups
  • Rural / Remote communities
  • Business owners / entrepreneurs
  • Nonprofits / charities
Revenue structures
  • Mixed revenue (50%+ earned)
Scope
  • Regional

Next Steps

1
Determine your project
2
Validate your eligibility

Availability timeline

2026
Periods: 1

Activities funded

  • Business start-up projects
  • Business improvement and transformation projects
  • Business growth and expansion projects
  • Business acquisition projects
  • Entrepreneurial succession projects and temporary bridge financing

Documents Needed

  • Completed, dated and signed application form
  • Business plan or detailed project description
  • Detailed project expense breakdown
  • Project financing plan and confirmation of other funding
  • Financial statements and forecasts

Eligibility

Who is eligible?

  • For-profit businesses
  • Cooperatives
  • Non-profit organizations with economic activities
  • Small and medium-sized businesses

Who is not eligible

  • Businesses listed in the RENA registry
  • Publicly controlled companies or state-owned enterprises
  • Businesses under bankruptcy or insolvency protection
  • Companies involved in weapons, fossil fuels, gambling, violent games, sexual exploitation, real estate development, tobacco or drug-related activities

Eligible expenses

  • Working capital needed for the project
  • Equipment, machinery, technology, and vehicle purchases
  • Construction, renovation, expansion, and site or premises fitting
  • Professional fees related to feasibility, audits, impact studies, implementation, acquisition, or transfer
  • Purchase of shares, parts, or assets for business succession

Ineligible Costs and Activities

  • Costs incurred before the application is filed
  • Debt service, future loan repayments, and capital replacement
  • Research and development expenses
  • Normal operating expenses and Quebec sales taxes
  • Projects involving pre-startup, loan guarantees under FLS, or subprime sectors such as weapons, fossil fuels, gambling, violent games, sexual exploitation, or real estate development

Eligible geographic areas

  • MRC of Rimouski-Neigette
  • Businesses with head office in Quebec

Selection criteria

  • Business profitability and repayment capacity
  • Promoters’ experience and management skills
  • Environmental and social benefits of the project
  • Open and responsible labour relations
  • Presence of other financial partners and promoter equity

How to apply

  • Step 1: Prepare the application
    • Complete and sign the financial assistance form.
    • Prepare the business plan or detailed project description.
    • Prepare the project expense breakdown and financing plan.
    • Gather the required financial statements and forecasts.
  • Step 2: Submit the file to SOPER
    • Send the complete application file with all required documents.
  • Step 3: Review and decision
    • SOPER reviews the application for admissibility and analyzes the file.
    • The decision is made once the file is complete.

Processing and Agreement

  • Applications are reviewed, analyzed, and decided by SOPER.
  • Files are processed continuously once the required information and documents are provided.
  • Assessment is done while considering fairness, budget availability, and the program rules.
  • If approved, financing is governed by a loan contract and the applicable terms.
  • Non-compliance can lead to recovery procedures.

Additional information

  • The SOPER manages the review and decision process.
  • Applications are processed on an ongoing basis as files are completed.
  • The policy took effect on July 5, 2023.
  • Modified versions must respect MEIE and Fonds locaux de solidarité FTQ frameworks.
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Other components of this program

Explore related funding streams and grants that belong to the same program.

Frequently Asked Questions about the MRC Rimouski-Neigette — Local Investment Fund Program

What is the MRC Rimouski-Neigette — Local Investment Fund?

Funding can reach up to 150,000 CAD through the FLI, while FLS financing may reach 100,000 CAD per business group. It supports business start-up, improvement, expansion, acquisition, succession, and temporary financing projects.

How much funding can be received?

MRC Rimouski-Neigette — Local Investment Fund Funds up to 50% of admissible expenses, capped at $150,000 per project.

What is the deadline to apply?

The program is accepting continuous intake

Who is eligible for the MRC Rimouski-Neigette — Local Investment Fund program?

To be eligible for the MRC Rimouski-Neigette — Local Investment Fund program, you must: Legally incorporated business Operating in the MRC territory Head office in Quebec

What expenses are eligible under MRC Rimouski-Neigette — Local Investment Fund?

Business start-up projects Business improvement and transformation projects Business growth and expansion projects Business acquisition projects Entrepreneurial succession projects and temporary bridge financing

Where is the MRC Rimouski-Neigette — Local Investment Fund available?

The MRC Rimouski-Neigette — Local Investment Fund program is available Bas-Saint-Laurent, Quebec.

Is the MRC Rimouski-Neigette — Local Investment Fund a grant, loan, or tax credit?

MRC Rimouski-Neigette — Local Investment Fund is a Expert Advice