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MRC Beauce-Centre — Succession Component - QC - Canada

MRC Beauce-Centre — Succession Component

Last Update: July 22, 2025
QC, Canada
Interest-free loan for business acquisition of minimum 25%

MRC Beauce-Centre — Succession Component at a glance

Eligible Funding
  • From $5,000 to $25,000
  • Up to 25% of project cost
Timeline
  • Continuous Intakes
Financing Type
Loans and Capital investments
Eligible Industries
  • All industries
Grant Providers
  • MRC Beauce-Centre
Program status
Open

Overview of the MRC Beauce-Centre — Succession Component program

The grant program from Beauce-Centre Économique provides interest-free loans up to $25,000 to support business acquisition, specifically requiring the acquisition of at least 25% of the company. It aims to assist entrepreneurs in starting, expanding, or transitioning business ownership.

Eligible projects & activities

The Succession Component of the MRC Beauce-Centre grant focuses on supporting business acquisition and development efforts. This aid is particularly aimed at helping businesses secure a part of an existing enterprise to ensure its continuity and growth.
  • Acquisition of at least 25% of an existing business.
  • Supporting the development process for new business ventures.
  • Funding aimed at business expansion projects.
  • Assistance with purchasing new equipment to enhance production capacity.
  • Provision of a working capital fund for special projects.

Eligibility criteria of the MRC Beauce-Centre — Succession Component program

Eligibility for the Volet Relève program requires specific conditions to be met regarding the acquisition type project.
  • The applicant must be involved in the acquisition of a business.
  • The acquisition must involve obtaining at least 25% of the company in question.

Eligible expenses

The financing program primarily focuses on acquisition-related expenses within the specified criteria.
  • Expenses related to the acquisition of at least 25% of the business.

How to apply to the MRC Beauce-Centre — Succession Component program

1
Initial Consultation
  • Schedule a meeting with the Beauce-Centre Économique team to discuss your project.
  • Review eligibility criteria and determine the best financial support options available for your project.
2
Application Preparation
  • Gather necessary documents and information, including project proposals, financial statements, and proof of eligibility.
  • Prepare a detailed business plan outlining your project, objectives, and anticipated outcomes.
3
Complete Application Form
  • Fill out the application form provided by Beauce-Centre Économique.
  • Ensure all requested information is complete and accurate.
4
Submit Application
  • Submit the completed application form and all supporting documents to Beauce-Centre Économique.
  • Ensure the submission is done before any deadlines provided by the funding program.
5
Follow-Up
  • Await confirmation of receipt from Beauce-Centre Économique.
  • Be prepared to provide additional information or clarification if requested by the reviewing team.

Additional information

Here are additional relevant details for this financial aide program:
  • No interest is applied to the loan within the "Volet relève" program.
  • Acquiring at least 25% of the company is required to qualify for the "Volet relève" loan.
  • The program supports both new and developing business projects.
Apply to this program

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