MRC Rivière-du-Loup — FLI/FLS Fund and FLI Succession Fund
Last Update: June 23, 2025
Rivière-du-Loup, QC
Investment loans fostering entrepreneurship in Rivière-du-Loup
MRC Rivière-du-Loup — FLI/FLS Fund and FLI Succession Fund at a glance
Eligible Funding
- Max. $250,000
- Up to 1% of project cost
Timeline
- Continuous Intakes
Financing Type
Loans and Capital investments
Eligible Industries
- All industries
Grant Providers
- MRC Rivière-du-Loup
Status
Open
Overview of the MRC Rivière-du-Loup — FLI/FLS Fund and FLI Succession Fund program
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.
Financing terms and conditions
- Loans up to $250,000 per business at a base rate plus a risk premium ranging from 1% to 6%.
- Interest-free loans up to $30,000.
- Capital repayment deferral available for up to 36 months.
- An interest-free loan must be combined with a regular FLI/FLS loan of an equal or higher amount.
Eligible projects & activities
- Starting new businesses in the MRC de Rivière-du-Loup territory.
- Business expansion and growth projects.
- Business succession initiatives and acquisitions.
- Improvement or transformation of existing businesses.
- Projects aimed at supporting local job creation and economic development.
Eligibility criteria of the MRC Rivière-du-Loup — FLI/FLS Fund and FLI Succession Fund program
- The business must be located within the territory of the MRC de Rivière-du-Loup.
- The project must involve starting, improving, transforming, growing, expanding, transferring, or acquiring a business.
- The applicant must be an entrepreneur seeking support for a viable business project.
Who is eligible?
- Businesses located in the MRC de Rivière-du-Loup
- Entrepreneurs undertaking viable business projects
Eligible geographic areas
- Businesses located within the territory of the MRC of Rivière-du-Loup, Quebec.
How to apply to the MRC Rivière-du-Loup — FLI/FLS Fund and FLI Succession Fund program
1
Consultation of the investment policy
Consult the Joint Investment Policy available on the CLD Rivière-du-Loup website to learn about the details and requirements of the grant.
2
Contact a counselor
- Contact a counselor from the Local Development Centre (CLD) in Rivière-du-Loup for advice and clarifications regarding the application process.
- Use the provided phone number or email address to get in touch.
3
Gathering of the required documents
Prepare and gather all the necessary documents for the application, such as the company's history, the project description, the financial plan, and the forecasts.
4
Completion of the application form
Fill out the application form provided by the CLD or available on their website.
5
Submission of the request
Submit the completed application with all documents to the provided address of the CLD or by email to infos@cldrdl.com.
6
Follow-up on the request
Wait for the confirmation of receipt from the CLD and follow any correspondence regarding the status of your application.
Additional information
- Applicants are encouraged to consult the common investment policy on the official website for detailed information.
- The Fonds locaux are designed in collaboration with local partners to support the economic development of the territory.
- The programs aim to foster entrepreneurship and sustainable business growth within the MRC de Rivière-du-Loup.
Contact {{GrantProviderName}}
infos@cldrdl.com
Apply to this program
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