MRC Charlevoix — Local Investment Fund (FLI) “Succession” Stream - QC - Canada

MRC Charlevoix — Local Investment Fund (FLI) “Succession” Stream

grant_single|update March 28, 2025
QC, Canada
Charlevoix economic grants supporting startups and business expansion

grant_single_labels|summary

grant_single|eligibleFinancing
  • grant_single|maxCount
grant_single|deadlines
  • grant_single|timelineUnspecified
grant_single|financingType
Loans and Capital investments
grant_single|eligibleIndustries
  • Arts, entertainment and recreation
  • Accommodation and food services
  • Other services (except public administration)
  • Public administration
grant_single|grantors
  • MRC Charlevoix
grant_single|status
grant_card_status|open

grant_single_labels|preview

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.

grant_single_labels|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.

grant_single_labels|projects

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.
grant_single|admissibleProjectsExample

$ 100,000

Expansion of an artisanal cheese production facility

$ 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

grant_single_labels|admissibility

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.

grant_eligibility_criteria|who_can_apply

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.

grant_eligibility_criteria|who_cannot_apply

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.

grant_eligibility_criteria|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.

grant_eligibility_criteria|zone

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.

grant_single_labels|apply

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