Fonds Local D’investissement (FLI): Composante générale (Local Investment Fund: General Component)

By mmuise
Description:

FLI provides financial assistance to new and existing businesses in order to create and maintain jobs on the territory of the MRC de La Haute-Yamaska. This component is dedicated to any start-up or expanding business established in Haute-Yamaska ​​that demonstrates economic viability and potential for job creation.


Comments on Funding:

Funding takes the form of a loan of up $150,000 per company.
The repayment period of the loan (principal and interest) will be determined based on the project, the amount borrowed, and the company's ability to pay, but cannot exceed five (5) years. The following terms will apply:
- Loan of less than $10,000: a maximum of three (3) years;
- Loan from $10,001 to $50,000: a maximum of five (5) years.

Deadline: Continuous Intake
Eligibility:

Applicants must:

  • be new and existing businesses in order to create and maintain jobs on the territory of the MRC de La Haute-Yamaska;
  • be start-up or expanding businesses established in Haute-Yamaska that demonstrates economic viability and potential for job creation.
Application Steps:

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Documentation Needed:

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Other Things to Note:

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About the author
mmuise