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Agricultural investment fund mitissien (FAIM)
Last Update: March 3, 2026
Quebec, Canada
Flexible patient-capital financing for farm start-up and transfer
Loans and Capital investments
Overview
This program offers a patient-capital loan of up to $50,000 to support the start-up, acquisition, or transfer of viable and sustainable agricultural operations in La Mitis. It aims to improve access to farmland and accelerate business start-up through flexible financing for eligible agricultural transactions.
At a glance
Funding available
Financing goals
- No objectives are currently available
Eligible Funding
- Maximum amount : 50,000 $
- Up to 10% of project cost
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- Agriculture, forestry, fishing and hunting
Location
- Bas-Saint-Laurent
- Quebec
Legal structures
- For-profit business
- Sole proprietorship
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Rural or Northern Residents
- Canadians
- Youth (<40)
- Startups
Activities funded
- Starting a new agricultural operation in La Mitis.
- Farm succession (transfer) projects.
- Acquisition (purchase) of an agricultural operation through a 100% transaction.
Eligibility
- The project must involve starting, taking over, or acquiring an agricultural operation.
- The head office must be (or will be) established in the MRC de La Mitis territory.
- The project must involve a transaction of 100% of the shares or the business.
- The total investment must exceed $200,000.
- The project must require FAIM’s intervention to proceed.
Who is eligible?
- Agricultural entrepreneurs starting a farm
- Farm successors (next-generation agricultural entrepreneurs)
- Buyers acquiring an agricultural operation
Eligible geographic areas
- MRC de La Mitis (Québec)
Additional information
- Designed as “patient capital” to give agricultural businesses flexibility and time to establish or stabilize operations.
- No opening file fees are charged.
- Repayment can be adjusted based on the company’s actual cash flow.
- The fund focuses on responsible and sustainable farming practices that benefit the territory.
