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
- Non-financial cooperative
- For-profit business
- Social economy enterprise
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
Other components of this program
Explore related funding streams and grants that belong to the same program.
- Développement Vaudreuil-Soulanges — FLI-FLSFunding for business projects in Vaudreuil-Soulanges
- MRC Abitibi — Local Investment Fund (FLI)Local financing for business growth and succession
- MRC Arthabaska - Local Investment Fund (FLI)Term financing for business growth
- MRC Beaharnois-Salaberry — Local Investment Fund (FLI)Support for business development and job creation in Beauharnois-Salaberry
- MRC Beauce-Centre — Local Investment Funds (FLI-FLS)Local financing for business growth in Beauce-Centre
- MRC Bécancour - Local Investment Fund (FLI) - “General” componentTerm financing for business growth and acquisitions
- MRC Bécancour — Local Investment Fund (FLI) - “Business to be acquired” componentFinancing for business acquisition projects
- MRC Bécancour — Local Investment Fund (FLI) - “Developing business” componentFinancing for manufacturing development projects
- MRC Bécancour — Local investment fund (FLI) - “new business” componentFinancing for new manufacturing businesses
- MRC Bellechasse — Local Investment Fund - Succession Component (FLI Relève)Interest-free succession financing for businesses
Frequently Asked Questions about the Rouyn-Noranda — FLI-FLS – Entrepreneurial Succession Program
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 (CLDRN) 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