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Open
Rouyn-Noranda — FLI-FLS – Entrepreneurial Succession
Financing for business succession projects
Last Update: April 9, 2026
Funding available
$ 250,000
Timeline
- Open continuously
Location
Rouyn-Noranda, Abitibi-Témiscamingue, Quebec, Canada
Overview
Financing of up to $250,000 to support business transfer and entrepreneurial succession in Rouyn-Noranda. It covers acquisition and transaction-related projects, with eligible professional fees and business purchase costs.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Increase production or service capacity
- Implement environmental initiatives
Eligible Funding
- Maximum amount : 250,000 $
- Up to 5% of project cost
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- Agriculture, forestry, fishing and hunting
- Manufacturing
- Accommodation and food services
Location
- Rouyn-Noranda
- Abitibi-Témiscamingue
- Quebec
Legal structures
- For-profit business
- Social economy enterprise
- Non-financial cooperative
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Rural or Northern Residents
- Startups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Entrepreneurial succession and business transfer
- Acquisition of an existing business
- Transaction financing for business takeover
Documents Needed
- Completed, dated, and signed financial assistance application form
- Business plan
- Project financial package
- Financial statements
- Financial projections
Eligibility
Who is eligible?
- For-profit businesses
- Cooperatives
- Non-profit organizations
- Groups of entrepreneurs involved in business succession
Eligible expenses
- Purchase of shares, parts, or business assets
- Professional fees linked to the transaction, acquisition, and transfer of management
Eligible geographic areas
- Rouyn-Noranda
- Businesses with a head office in Quebec
Processing and Agreement
- Applications are reviewed, analyzed, and decided on by CLD Rouyn-Noranda.
- A funding advisor can support the applicant during the process.
- The applicant is contacted for more information or to submit the request.
Additional information
- The program is managed by CLD Rouyn-Noranda.
- Advisors are available to support applicants throughout the process.
- For FLI-FLS – Entrepreneurial Succession, a group of entrepreneurs may also be eligible if it is registered as a non-profit, cooperative, or management company to take over a business.
Contacts
Frequently Asked Questions about the Rouyn-Noranda — FLI-FLS – Entrepreneurial Succession Program
Here are answers to the most common questions about the Rouyn-Noranda — FLI-FLS – Entrepreneurial Succession. 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 Rouyn-Noranda — FLI-FLS – Entrepreneurial Succession?
Financing of up to $250,000 to support business transfer and entrepreneurial succession in Rouyn-Noranda. It covers acquisition and transaction-related projects, with eligible professional fees and business purchase costs.
How much funding can be received?
Rouyn-Noranda — FLI-FLS – Entrepreneurial Succession Funds up to 5% of admissible expenses, capped at $250,000 per project.
Who is eligible for the Rouyn-Noranda — FLI-FLS – Entrepreneurial Succession program?
To be eligible for the Rouyn-Noranda — FLI-FLS – Entrepreneurial Succession program, you must:
Business acquisition or transfer project
Head office and activities in Rouyn-Noranda
Sound and viable project
What expenses are eligible under Rouyn-Noranda — FLI-FLS – Entrepreneurial Succession?
Entrepreneurial succession and business transfer
Acquisition of an existing business
Transaction financing for business takeover
Who can I contact for more information about the Rouyn-Noranda — FLI-FLS – Entrepreneurial Succession?
You can contact CLD Rouyn-Noranda by email at info@cldrn.ca or by phone at 819 762-0142.
Where is the Rouyn-Noranda — FLI-FLS – Entrepreneurial Succession available?
The Rouyn-Noranda — FLI-FLS – Entrepreneurial Succession program is available Abitibi-Témiscamingue, Quebec.
Is the Rouyn-Noranda — FLI-FLS – Entrepreneurial Succession a grant, loan, or tax credit?
Rouyn-Noranda — FLI-FLS – Entrepreneurial Succession is a Loans and Capital investments