MRC Rivière-du-Loup — FLI/FLS Fund and FLI Succession Fund
grant_single|update January 24, 2025
Rivière-du-Loup, QC
Investment loans fostering entrepreneurship in Rivière-du-Loup
grant_single_labels|summary
grant_single|eligibleFinancing
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grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Loans and Capital investments
grant_single|eligibleIndustries
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grant_single|grantors
- MRC Rivière-du-Loup
grant_single|status
grant_card_status|open
grant_single_labels|preview
The FLI/FLS program offers up to $250,000 per business, aiming to support viable business creation and growth through funding for startup, improvement, transformation, expansion, succession, and acquisition projects in the MRC de Rivière-du-Loup area. The program includes interest-free loans up to $30,000 and promotes economic development and employment.
grant_single_labels|terms_and_conditions
The MRC Rivière-du-Loup — FLI/FLS Fund and FLI Succession Fund offer tailored financial instruments to support entrepreneurial projects within its territory. These modalities aim to facilitate access to funding for various types of business initiatives.
- Regular FLI/FLS Loan provides up to $250,000 per business at an interest rate calculated as the base rate plus a risk premium varying between 1% and 6%.
- Interest-free loan up to $30,000 is available, with a mandatory accompanying regular FLI/FLS loan of an equivalent or greater amount.
- A capital repayment moratorium of up to 36 months is possible.
grant_single_labels|projects
The eligible projects for this grant are centered around fostering entrepreneurship and economic development within the MRC de Rivière-du-Loup region. These initiatives support both new and existing businesses by offering financial solutions that promote business growth and sustainability.
- Creation and support of viable businesses.
- Financing for startup projects.
- Financing for business improvement and transformation.
- Support for business growth and expansion projects.
- Facilitation of business succession and acquisitions.
- Development of employment opportunities.
- Contribution to the economic development of the MRC de Rivière-du-Loup territory.
grant_single_labels|admissibility
Eligibility for this grant is determined by specific requirements related to the applicant's business activities and location.
- The business must be located within the territory of the MRC de Rivière-du-Loup.
- The applicant must be seeking to create, support, or develop a viable business.
- The project should involve start-up, improvement, transformation, growth, expansion, business succession, or acquisition activities.
- The business should contribute to the economic development of the MRC de Rivière-du-Loup.
- The project should support employment development.
grant_eligibility_criteria|who_can_apply
The Prêt FLI/FLS programs, including the FLI Relève, are targeted towards businesses in the territory of the MRC de Rivière-du-Loup that are focused on creating and sustaining viable enterprises. This includes financing projects for starting, improving, transforming, growing, expanding, succeeding in transfers, and acquiring businesses, as well as supporting job development and contributing to the economic growth of the region.
grant_eligibility_criteria|zone
This grant is specifically available for companies operating within the MRC de Rivière-du-Loup region. The localized approach focuses on enhancing the economic growth and entrepreneurial spirit within this area.
- Enterprises located in the MRC de Rivière-du-Loup, Quebec.
grant_single_labels|apply
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grant_single_labels|contact
infos@cldrdl.com