Local investment funds

Promote access to start-up, expansion or transfer capital for businesses

local-investment-funds

Local investment funds

Objectif du fonds

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Local investment funds are financial tools designed to facilitate the realization of entrepreneurial projects.

They support MRC entrepreneurs in their projects to:

  • Create and support viable businesses;
  • Finance business start-ups, expansions and acquisitions, as well as the next generation of entrepreneurs;
  • Promote employment development;
  • Contribute to the economic development of the MRC Pierre-De Saurel.

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Admission criteria

To be eligible, you must meet the following conditions:

  • Be a Quebec company, whose main activity financed by the FLI/FLS is located in the MRC Pierre-De Saurel;
  • Provide a downpayment (representing at least 20% of the project).

Access to the document

Consult the Business Support Policy

Investment criteria

To qualify, you must also meet the following criteria:

  • Business viability and profitability;
  • Knowledge and skills of entrepreneurs related to the project presented;
  • Job creation in the MRC Pierre-De Saurel;
  • Capital contributions other than the entrepreneur's equity and FLI/FLS funding are encouraged;
  • The business plan must demonstrate permanence, profitability, good future prospects and the potential for significant economic spin-offs.

Other conditions may apply.

Aide financière

Financial assistance is available in the form of loans with or without guarantees or surety bonds.

  • $5,000per compagny
  • $250,000per company

Submit your project

Here are the steps to obtain support for your project:

  1. Complete the contact form
  2. An advisor will schedule a meeting with you
  3. Send the required documents:
    1. A complete business plan
    2. Resume of each promoter
    3. Personal financial statement of each promoter
    4. Financial projections or financial statements
    5. Québec business number
    6. Proof of equity contribution
    7. Detailed quotes
  4. Your application will be reviewed by your DÉPS advisor
  5. Approval by the fund allocation committee
  6. Signing of the contract and photo for publication on social media
  7. Disbursement of the allocated funds