Financial Support
FLI
The Local Investment Fund (FLI) aims to support businesses in the start-up or expansion phase.
The Fund targets the following clientele: any company in a start-up or expansion phase, including social economy companies, whose objectives dovetail with the thrusts of the Brome-Missisquoi CLD’s investment policy.
Eligible expenses
- Capital expenses, such as land, building, equipment, machinery, automotive equipment, incorporation fees, and all other expenses of this kind, with the exception of expenses related to goodwill;
- Acquisition of technology, software, software packages, patents, and all other expenses of this kind, excluding research and development activities;
- Working capital needs related strictly to the company’s operations and calculated on the basis of its first year of operation.
Type of funding
L'aide financière* qui se situe entre 5000 $ à 50 000 $ prend la forme d’un prêt ou d’une garantie de prêt ne pouvant excéder 50 %** des dépenses admissibles.
* Excluded are investments in the form of subsidies, of interest and capital breaks, of sponsorships, of donations and other expenses of this kind, as stipulated in the CLD’s investment policy.
** 80% is earmarked for social economy projects.
Contact us for help submitting a funding application or for further information.
