
MRC Charlevoix — Local Investment Fund (FLI) “Succession” Stream
Last Update: July 22, 2025
QC, Canada
Charlevoix economic grants supporting startups and business expansion
At a glance
Eligible Funding
- Max. $25,000
Timeline
- Unspecified
Financing Type
Loans and Capital investments
Eligible Industries
- Arts, entertainment and recreation
- Accommodation and food services
- Other services (except public administration)
- Public administration
Funds Providers
Unspecified
Program status
Open
Overview
The grant provides non-repayable financial assistance up to a maximum of $100,000 per project to support entrepreneurship by creating and sustaining viable businesses, financing start-up, expansion, or acquisition, and contributing to job development and economic growth within the MRC of Charlevoix. Eligible activities include business start-up, expansion, and economic projects in private, collective, and social economy enterprises.
Financing terms and conditions
This grant facilitates financial support to promote entrepreneurship by aiding in business ownership transfers. It is specifically designed to boost entrepreneurial succession through financial incentives.
- Provision of up to $25,000 as a loan to individuals for purchasing assets or shares during a business transfer.
Activities funded
The Local Investment Fund (FLI) "Succession" financially assists individuals wishing to take over existing businesses in order to stimulate entrepreneurship in the region. Eligible projects revolve around the purchase of assets or shares during a business transfer to ensure a smooth and sustainable transition of ownership.
- Acquisition of commercial assets as part of an entrepreneurial succession.
- Purchase of shares to facilitate the transfer of ownership of an operating business.
- Training and skills development projects for entrepreneurial succession.
- Initiatives aimed at strengthening the sustainability of taken-over businesses.
- Support programs for ownership transition and entrepreneurial management.
Examples of admissible projects:
$ 100,000
Startup of a local craft brewery company
$ 100,000
Modernization of an eco-friendly furniture workshop
$ 100,000
Acquisition of a local organic bakery business
$ 100,000
Launch of a community-supported agriculture initiative
$ 100,000
Transferring ownership of local B&B to family member
$ 100,000
Expansion of an artisanal cheese production facility
Eligibility
Eligibility for this grant is aimed at fostering entrepreneurship, supporting business ownership transfer, and encouraging entrepreneurial succession within the territory.
- The applicant must be involved in a business transfer of an existing and operational company.
Who is eligible?
The MRC Charlevoix — Local Investment Fund (FLI) “Succession” Stream is open to individuals interested in entrepreneurial activities and the creation of jobs within the MRC Charlevoix territory. This grant is specifically designed to support individuals in acquiring ownership of an existing, operational business by facilitating the transfer of property ownership. Applicants from all sectors of activity are eligible.
Who is not eligible
There are no explicit details provided regarding the types of companies or industries that are not eligible for this grant in the given context. The grant seems to aim at encouraging entrepreneurship in the territory of the MRC of Charlevoix.
Eligible expenses
The grant is designed to support eligible expenses directly related to business succession and ownership transfer.
- Purchase of business assets.
- Purchase of business shares.
Eligible geographic areas
This grant does not specify eligible geographical areas based on the available information. It appears to be open to eligible entities without defined regional limitations.
How to apply
1
Preparation of the request
- Become familiar with the eligibility criteria and objectives of the FLI for succession.
- Write a business plan highlighting the business takeover project and its potential impacts.
- Prepare personal financial statements and those of the company to be taken over, if available.
2
Gather the required documents
- Prepare a list of assets or shares to purchase, along with their valuation.
- Obtain references, letters of support, or proof of entrepreneurial experience if necessary.
- Gather any additional documentation required by the MRC Charlevoix.
3
Submit the request
- Contact the Charlevoix MRC to confirm the preferred method for submitting your application (online or in writing).
- Send all required documents to the responsible service at the MRC, following all provided instructions.
- Include a cover letter stating your interest in the business transfer.
4
Post-Submission Follow-Up
- Receive an acknowledgment of your request from the MRC Charlevoix.
- Be available for additional meetings or interviews if required.
Frequently Asked Questions about the MRC Charlevoix — Local Investment Fund (FLI) “Succession” Stream Program
Here are answers to the most common questions about the MRC Charlevoix — Local Investment Fund (FLI) “Succession” Stream. 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 MRC Charlevoix — Local Investment Fund (FLI) “Succession” Stream?
How much funding can be received?
What is the deadline to apply?
Is the MRC Charlevoix — Local Investment Fund (FLI) “Succession” Stream a grant, loan, or tax credit?
Who are the financial supporters of the MRC Charlevoix — Local Investment Fund (FLI) “Succession” Stream?
Who is eligible for the MRC Charlevoix — Local Investment Fund (FLI) “Succession” Stream program?
Who can I contact for more information about the MRC Charlevoix — Local Investment Fund (FLI) “Succession” Stream?
Where is the MRC Charlevoix — Local Investment Fund (FLI) “Succession” Stream available?

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