
MRC Rivière-du-Loup — FLI/FLS Fund and FLI Succession Fund
Last Update: July 22, 2025
Rivière-du-Loup, QC
Investment loans fostering entrepreneurship in Rivière-du-Loup
At a glance
Eligible Funding
- Max. $250,000
- Up to 1% of project cost
Timeline
- Unspecified
Financing Type
Loans and Capital investments
Overview
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.
Activities funded
- 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
- 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
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.
Contacts
infos@cldrdl.com
Rivière-du-Loup, QC, Canada
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Frequently Asked Questions about the MRC Rivière-du-Loup — FLI/FLS Fund and FLI Succession Fund Program
Here are answers to the most common questions about the MRC Rivière-du-Loup — FLI/FLS Fund and FLI Succession Fund. 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 MRC Rivière-du-Loup — FLI/FLS Fund and FLI Succession Fund?
How much funding can be received?
What expenses are eligible under MRC Rivière-du-Loup — FLI/FLS Fund and FLI Succession Fund?
What is the deadline to apply?
Is the MRC Rivière-du-Loup — FLI/FLS Fund and FLI Succession Fund a grant, loan, or tax credit?
Who are the financial supporters of the MRC Rivière-du-Loup — FLI/FLS Fund and FLI Succession Fund?
Who is eligible for the MRC Rivière-du-Loup — FLI/FLS Fund and FLI Succession Fund program?
Who can I contact for more information about the MRC Rivière-du-Loup — FLI/FLS Fund and FLI Succession Fund?
Where is the MRC Rivière-du-Loup — FLI/FLS Fund and FLI Succession Fund available?
Are startups eligible for the MRC Rivière-du-Loup — FLI/FLS Fund and FLI Succession Fund program?
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