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For my ... project

 

Financial Support    Local Funds FLI/FLS

Local funds are a combination of “Fonds local de solidarité MRC Brome-Missisquoi (FLS) » and “Fonds local d’investissement (FLI) ». Following their merge in 2010, these two funds now have a single investment policy. Funding from local funds seeks the creation and retention of jobs in viable businesses.

Eligibility criterias

  • Main activities of the company located in the Brome -Missisquoi ;
  • Down payment or net assets of at least 20 % (or satisfactory ) ;
  • Products or services minimally at the marketing stage or in the process of being;
  • Activities in the following sectors (mainly ) :
  • Industrial
  • Tourism
  • Food processing
  • Tertiary sector
  • Recycling, environmental protection , sustainable development
  • Cultural
  • Coop or non-profit organisation

Types of projects

  • Start-up ;
  • Expansion ;
  • Acquisition ;
  • Consolidation ;

Criteria for funding (indicative)

  • Economic viability of the business;
  • Economic benefits in terms of employment ;
  • Knowledge and experience of the promoters ;
  • The participation of other financial partners;

Type of Funding
Term loans from 1 to 7 years, from $ 5,000 to $ 150,000 per company;

Contact  Justin Francis for help submitting a funding application or for further information