Closed
MRC Charlevoix — FQM Business Succession Fund
Support for business succession and transfer
Last Update: April 9, 2026
Funding available
$ 5,000
Timeline
- Closing date : April 30, 2024
Location
Capitale-Nationale, Quebec, Canada
Overview
This program supports business succession in Quebec by helping entrepreneurs access specialized services for an acquisition or transfer. It funds due diligence, transfer agreement preparation, and professional advisory services linked to a business takeover.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Complete an acquisition or business transfer
Eligible Funding
- Maximum amount : 5,000 $
- Up to 50% of project cost
Timeline
- Closing date : April 30, 2024
Eligible candidates
Eligible Industries
- Professional, scientific and technical services
- Other services (except public administration)
- Public administration
Location
- Charlevoix
- Capitale-Nationale
- Quebec
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Youth (<40)
- Startups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Acquisition of part or all of an existing business
- Business transfer and succession planning
- Due diligence and transfer preparation for a takeover
Documents Needed
- Application form
- Business plan
- Guide d’affaires or project support documents
- Business takeover or transfer documents
Eligibility
Who is eligible?
- Entrepreneurs with FLI financing
- Family buyers
- Employee buyers
- External buyers, including collective takeovers
Who is not eligible
- Buyers without FLI-backed financing
- Projects involving businesses not legally constituted in Quebec
- Applicants who do not have the required Canadian citizenship or permanent residency when not incorporated
Eligible expenses
- Due diligence to determine fair market value
- Preparation of the business transfer agreement
- Professional fees for specialists such as accountants, lawyers, notaries, and HR experts
Ineligible Costs and Activities
- Expenses incurred before the application is submitted
Eligible geographic areas
- Quebec
- MRCs and municipalities exercising MRC powers
Processing and Agreement
- The MRC or delegated organization pays the approved amount under the FQM program.
- The beneficiary must have an approved FLI-backed succession project.
- Pre-application expenses are excluded from reimbursement.
Additional information
- The business to be acquired must be legally constituted and have an establishment in Quebec.
- The buyer may be a family member, employee, external buyer, or collective takeover.
- Funding is paid by the MRC or delegated body to the supported promoter under the FLI framework.
- Expenses incurred before the application is submitted are not eligible.
Contacts
Frequently Asked Questions about the MRC Charlevoix — FQM Business Succession Fund Program
Here are answers to the most common questions about the MRC Charlevoix — FQM Business Succession Fund. 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 — FQM Business Succession Fund?
This program supports business succession in Quebec by helping entrepreneurs access specialized services for an acquisition or transfer. It funds due diligence, transfer agreement preparation, and professional advisory services linked to a business takeover.
How much funding can be received?
MRC Charlevoix — FQM Business Succession Fund Funds up to 50% of admissible expenses, capped at $5,000 per project.
Who is eligible for the MRC Charlevoix — FQM Business Succession Fund program?
To be eligible for the MRC Charlevoix — FQM Business Succession Fund program, you must:
FLI-backed entrepreneur
Quebec-incorporated business
Business succession project
What expenses are eligible under MRC Charlevoix — FQM Business Succession Fund?
Acquisition of part or all of an existing business
Business transfer and succession planning
Due diligence and transfer preparation for a takeover
Who can I contact for more information about the MRC Charlevoix — FQM Business Succession Fund?
You can contact MRC Charlevoix by email at none or by phone at none.
Where is the MRC Charlevoix — FQM Business Succession Fund available?
The MRC Charlevoix — FQM Business Succession Fund program is available Capitale-Nationale, Quebec.
Is the MRC Charlevoix — FQM Business Succession Fund a grant, loan, or tax credit?
MRC Charlevoix — FQM Business Succession Fund is a Expert Advice