Open
Agricultural investment fund mitissien (FAIM)
Flexible patient-capital financing for farm start-up and transfer
Last Update: March 3, 2026
Funding available
$ 50,000
Timeline
- Open continuously
Location
Bas-Saint-Laurent, Quebec, Canada
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.
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Opportunity Score
Moderate potential, but conditions must align.
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
Next Steps
1
Determine your project
2
Validate your eligibility
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
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.
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.
What is the Agricultural investment fund mitissien (FAIM)?
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.
How much funding can be received?
Agricultural investment fund mitissien (FAIM) Funds up to 10% of admissible expenses, capped at $50,000 per project.
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
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.
Where is the Agricultural investment fund mitissien (FAIM) available?
The Agricultural investment fund mitissien (FAIM) program is available Bas-Saint-Laurent, Quebec.
Is the Agricultural investment fund mitissien (FAIM) a grant, loan, or tax credit?
Agricultural investment fund mitissien (FAIM) is a Loans and Capital investments
Who are the financial supporters of the Agricultural investment fund mitissien (FAIM)?
Agricultural investment fund mitissien (FAIM) is funded by La Mitis RCM (MRC)