MRC Beauce-Centre — Succession Component
grant_single|update January 24, 2025
Canada
Interest-free loan for business acquisition of minimum 25%
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|fromMinToMax
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grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Loans and Capital investments
grant_single|eligibleIndustries
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grant_single|grantors
- MRC Beauce-Centre
grant_single|status
grant_card_status|open
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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.
grant_single_labels|projects
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.
grant_single_labels|admissibility
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.
grant_eligibility_criteria|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.
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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.