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Ville de La Tuque — Local investment fund - La Tuque - Quebec - Canada
Open
Source verified August 5, 2026

Ville de La Tuque — Local investment fund

Financing for local business projects
Offered by
Ville de La Tuque
Official source: quebec.ca
Funding available
$ 150,000
Deadline
Open continuously
Location
La Tuque, Mauricie, Quebec, Canada
Who can apply

For-profit businesses legally constituted under the laws of Quebec or Canada.

See full eligibility

Overview

Local investment funds support local entrepreneurship by facilitating access to capital and accelerating business projects in Quebec. Eligible uses include startup activities, improvement and transformation, growth and expansion, and entrepreneurial succession.
/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 $
  • Up to 80% of project cost
Funds Providers

Eligible candidates

Eligible Industries
  • All industries
Location
  • La Tuque
  • Mauricie
  • Quebec
Legal structures
  • Non-financial cooperative
  • For-profit business
  • Social economy enterprise
Annual revenue
  • All revenue ranges
Organisation size
  • All organization sizes
Audience
  • Canadians
  • Startups

Next Steps

1
Determine your project
2
Validate your eligibility

Activities funded

  • Business startup projects.
  • Business improvement and transformation projects.
  • Business growth and expansion projects.
  • Entrepreneurial succession projects.

Documents Needed

  • Completed, dated, and signed financial assistance application form.
  • Business plan and/or detailed project description, as required in the financial assistance application.
  • Detailed breakdown of project-related expenses.
  • Project financing plan and confirmation of any other financial assistance or financing linked to the project.
  • Financial statements for the last three years.

Eligibility

Who is eligible?

  • For-profit businesses legally constituted under the laws of Quebec or Canada.
  • Collective enterprises, including cooperatives and non-profit organizations with commercial activities.

Who is not eligible

  • Applicants using subcontractors listed in the RENA, including subcontractors planned for project work, or applicants who failed obligations linked to previous financial aid from the Government of Quebec or an MRC within the past two years.
  • State-owned companies or companies controlled directly or indirectly by a government, a municipal entity, or a majority state-owned company.
  • Companies in bankruptcy or insolvency.
  • Applicants with unethical conduct, or products or services that could undermine the integrity or probity of the Government of Quebec.

Eligible expenses

  • Additional working capital needed to carry out the project, based on justified and reasonable expenses, for a maximum period of two years.
  • Capital expenditures directly related to the project, including technology, land, buildings, equipment, machinery, rolling stock, construction, expansion, renovation, and site or premises development.
  • Professional fees for pre-project activities such as feasibility analysis, external audit, or impact study.
  • Professional fees directly related to project implementation, including technology, equipment, and machinery installation, and the acquisition, construction, renovation, and development of land and premises.
  • For succession projects, acquisition costs for shares or parts, assets of the target business, and directly related transaction and acquisition fees.

Ineligible Costs and Activities

  • Expenses incurred before the application is filed.
  • Debt service, repayment of future borrowings, capital loss or replacement of capital, or any payment or amount disbursed as capital.
  • Transactions between related businesses or partners.
  • Research and development expenses.
  • Expenses related to the normal operations of the business and Quebec sales taxes.

Eligible geographic areas

  • Abitibi-Témiscamingue
  • Bas-Saint-Laurent
  • Capitale-Nationale
  • Centre-du-Québec
  • Chaudière-Appalaches
  • Côte-Nord
  • Estrie
  • Gaspésie–Îles-de-la-Madeleine
  • Lanaudière
  • Laurentides
  • Laval
  • Mauricie
  • Montérégie
  • Nord-du-Québec
  • Outaouais
  • Saguenay–Lac-Saint-Jean

Selection criteria

  • Economic viability of the business.
  • Promoters’ knowledge and experience.
  • Environmental and social benefits of the project.
  • Working relationships with employees.
  • Use of other financial partners and funding leverage.

How to apply

  • Contact the MRC, the municipal office, or the organization responsible for managing the local investment fund in your territory.

Processing and Agreement

  • The processing of financial assistance requests, including eligibility, analysis, and decision-making, is handled by the MRCs.

Additional information

  • The management of local investment funds is the responsibility of the MRCs.
  • The terms may be subject to changes according to each MRC’s investment policy.

Contacts

sdef@ville.latuque.qc.ca
819 523-6111

Other components of this program

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

Frequently Asked Questions about the Ville de La Tuque — Local investment fund Program

What is the Ville de La Tuque — Local investment fund?

Local investment funds support local entrepreneurship by facilitating access to capital and accelerating business projects in Quebec. Eligible uses include startup activities, improvement and transformation, growth and expansion, and entrepreneurial succession.

How much funding can be received?

Ville de La Tuque — Local investment fund Funds up to 80% of admissible expenses, capped at $150,000 per project.

Who is eligible for the Ville de La Tuque — Local investment fund program?

To be eligible for the Ville de La Tuque — Local investment fund program, you must: The applicant must be legally constituted in Quebec to do business there. Startup projects must be in commercialization and under two years old; improvement and transformation projects require at least one year in Quebec; growth and expansion projects require at least two years in Quebec. Succession projects must involve acquiring at least 25% of a business or its assets.

What expenses are eligible under Ville de La Tuque — Local investment fund?

Business startup projects. Business improvement and transformation projects. Business growth and expansion projects. Entrepreneurial succession projects.

Who can I contact for more information about the Ville de La Tuque — Local investment fund?

You can contact Ville de La Tuque by email at sdef@ville.latuque.qc.ca or by phone at 819 523-6111.

Where is the Ville de La Tuque — Local investment fund available?

The Ville de La Tuque — Local investment fund program is available Mauricie, Quebec.

Is the Ville de La Tuque — Local investment fund a grant, loan, or tax credit?

Ville de La Tuque — Local investment fund is a Loans and Capital investments