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MRC Témiscamingue — Local Investment Fund Loan
Financing for business start-up and expansion
Last Update: June 9, 2026
Funding available
$ 5,000 - $ 150,000
Timeline
- Closing date : June 1, 2032
Location
Temiscaming, Abitibi-Témiscamingue, Quebec, Canada
Overview
This financing program offers loans of up to $150,000 for business start-up and expansion. It supports entrepreneurship, job creation, and business transfer through several loan options, including the Local Investment Fund and youth succession financing.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase production or service capacity
- Increase operational productivity
- Complete an acquisition or business transfer
Eligible Funding
- Maximum amount : 150,000 $
- Minimum amount : 5,000 $
- Up to 20% of project cost
Timeline
- Closing date : June 1, 2032
Eligible candidates
Eligible Industries
- Agriculture, forestry, fishing and hunting
- Retail trade
- Other services (except public administration)
- Public administration
Location
- Témiscamingue
- Temiscaming
- Abitibi-Témiscamingue
- Quebec
Legal structures
- For-profit business
- Social economy enterprise
- Sole proprietorship
- Non-profit
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Youth (<40)
- Startups
Non-profit candidates
Sector of operation
- Not Elsewhere Classified
Target groups
- Young adults
- Rural / Remote communities
- Business owners / entrepreneurs
- Nonprofits / charities
Revenue structures
- All structures
Scope
- Regional
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Business start-up projects.
- Business expansion projects.
- Business transfer and succession projects.
- Acquisition of an existing business by young entrepreneurs.
Eligibility
Who is eligible?
- Sole proprietorships.
- Partnerships.
- Companies.
- Non-profit organizations.
- Social economy organizations.
Who is not eligible
- Retail or service businesses in communities where the same service already exists, unless they do not divert customers from an existing business.
- Residential real estate projects.
- Businesses in sex, religion, politics, or alcohol-related sectors.
Eligible expenses
- Working capital needs.
- Equipment, land, and building purchases.
- Business acquisition or share purchase.
- Project-related initial investment and start-up costs.
Ineligible Costs and Activities
- Starting a retail or service business in a community where the same service already exists, unless it does not draw customers away from an existing business.
- Residential real estate.
- Businesses related to sex, religion, politics, or alcohol sales.
Eligible geographic areas
- MRC de Témiscamingue
Processing and Agreement
- Applications are reviewed against profitability, management team, repayment capacity, debt level, guarantees, and job creation potential.
- Funding is not automatic and depends on the assessment of the project.
- The program indicates annual renewal for interest rates.
Additional information
- Business support services are available, including business plan development and financial forecasts.
- The program is a complementary financing tool to conventional financial institutions.
- The Local Investment Fund supports entrepreneurship and job creation in the MRC de Témiscamingue.
Frequently Asked Questions about the MRC Témiscamingue — Local Investment Fund Loan Program
What is the MRC Témiscamingue — Local Investment Fund Loan?
This financing program offers loans of up to $150,000 for business start-up and expansion. It supports entrepreneurship, job creation, and business transfer through several loan options, including the Local Investment Fund and youth succession financing.
How much funding can be received?
MRC Témiscamingue — Local Investment Fund Loan Funds up to 20% of admissible expenses, capped at $150,000 per project.
Who is eligible for the MRC Témiscamingue — Local Investment Fund Loan program?
To be eligible for the MRC Témiscamingue — Local Investment Fund Loan program, you must:
Eligible business structure required.
Start-up or expansion project.
Sufficient down payment required.
What expenses are eligible under MRC Témiscamingue — Local Investment Fund Loan?
Business start-up projects.
Business expansion projects.
Business transfer and succession projects.
Acquisition of an existing business by young entrepreneurs.
Who can I contact for more information about the MRC Témiscamingue — Local Investment Fund Loan?
You can contact MRC Témiscamingue (MRCT).
Where is the MRC Témiscamingue — Local Investment Fund Loan available?
The MRC Témiscamingue — Local Investment Fund Loan program is available Abitibi-Témiscamingue, Quebec.
Is the MRC Témiscamingue — Local Investment Fund Loan a grant, loan, or tax credit?
MRC Témiscamingue — Local Investment Fund Loan is a Loans and Capital investments