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Agricultural investment fund mitissien (FAIM)

Q: How much funding can be received?

Agricultural investment fund mitissien (FAIM) Funds up to 10% of admissible expenses, capped at $50,000 per project.

Q: Who is eligible for the Agricultural investment fund mitissien (FAIM) program?

To be eligible for the Agricultural investment fund mitissien (FAIM) program, you must: Head office in (or moving to) MRC de La Mitis Start-up, takeover, or acquisition of a farm 100% transaction; investment over $200,000

Q: What expenses are eligible under Agricultural investment fund mitissien (FAIM)?

Starting a new agricultural operation in La Mitis. Farm succession (transfer) projects. Acquisition (purchase) of an agricultural operation through a 100% transaction.

Q: Where is the Agricultural investment fund mitissien (FAIM) available?

The Agricultural investment fund mitissien (FAIM) program is available Bas-Saint-Laurent, Quebec.

Q: Is the Agricultural investment fund mitissien (FAIM) a grant, loan, or tax credit?

Agricultural investment fund mitissien (FAIM) is a Loans and Capital investments

Q: Who are the financial supporters of the Agricultural investment fund mitissien (FAIM)?

Agricultural investment fund mitissien (FAIM) is funded by La Mitis RCM (MRC)

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

Unspecified

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.

Apply to this program

Frequently Asked Questions about the Agricultural investment fund mitissien (FAIM) Program

Here are answers to the most common questions about the Agricultural investment fund mitissien (FAIM). This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.