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Source verified September 22, 2026
Rouyn-Noranda — FLI Succession
Financing for business succession in Rouyn-Noranda
Offered by
Funding available
$ 250,000
Deadline
Open continuously
Location
Rouyn-Noranda, Abitibi-Témiscamingue, Quebec, Canada
Overview
This program provides financing of up to $250,000 to support business succession in Rouyn-Noranda. It helps fund the acquisition and transfer of an existing business, with eligible related expenses such as acquisition costs and professional fees.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Implement environmental initiatives
- Increase operational productivity
Eligible Funding
- Maximum amount : 250,000 $
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- Rouyn-Noranda
- Abitibi-Témiscamingue
- Quebec
Legal structures
- Non-profit
- For-profit business
- Non-financial cooperative
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Rural or Northern Residents
- Startups
Non-profit candidates
Sector of operation
- Economic, Social and Community Development
Target groups
- Business owners / entrepreneurs
Revenue structures
- All structures
Scope
- Regional
Next Steps
1
Determine your project
Availability timeline
2026
Periods: 1
Activities funded
- Business succession and transfer projects
- Acquisition of an existing business
- Acquisition of a significant ownership stake in an existing business
Documents Needed
- Completed, dated and signed application form
- Business plan for start-up projects
- Project financing plan
- Financial statements
- Financial forecasts
Eligibility
Who is eligible?
- For-profit businesses
- Cooperatives
- Non-profit organizations
- Entrepreneurs or groups of entrepreneurs seeking business succession financing
Who is not eligible
- Simple purchase of shares or assets that is not part of a real succession plan
Eligible expenses
- Acquisition of shares, parts or assets of the target business
- Professional fees directly related to the transaction and transfer of management
Eligible geographic areas
- Rouyn-Noranda
- Quebec head office requirement
Selection criteria
- Economic viability and repayment capacity
- Knowledge and experience of the promoters
- Environmental and social benefits
- Participation of other financial partners
How to apply
- Step 1
- Prepare the required application documents.
- Complete the application form and gather the financial information requested.
- Step 2
- Submit the application to CLD Rouyn-Noranda.
- Use the support of a CLD advisor if needed.
- Step 3
- Application review, eligibility assessment and decision by CLD Rouyn-Noranda.
Processing and Agreement
- Applications are reviewed by CLD Rouyn-Noranda for eligibility, analysis and decision.
- The applicant must submit the required documents with the request.
- Applicants may be supported by a CLD advisor during the process.
- For more information or to submit an application, applicants can contact CLD Rouyn-Noranda or book an appointment online.
Additional information
- The program is administered by CLD Rouyn-Noranda.
- Support is offered as a loan, not a non-repayable contribution.
- Personal guarantees may be required.
- Advisors are available to support applicants throughout the process.
Contacts
Other components of this program
Explore related funding streams and grants that belong to the same program.
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Frequently Asked Questions about the Rouyn-Noranda — FLI Succession Program
What is the Rouyn-Noranda — FLI Succession?
This program provides financing of up to $250,000 to support business succession in Rouyn-Noranda. It helps fund the acquisition and transfer of an existing business, with eligible related expenses such as acquisition costs and professional fees.
How much funding can be received?
Rouyn-Noranda — FLI Succession Funds up to $250,000 of admissible expenses.
What is the deadline to apply?
The program is accepting continuous intake
Who is eligible for the Rouyn-Noranda — FLI Succession program?
To be eligible for the Rouyn-Noranda — FLI Succession program, you must:
Business operating in Rouyn-Noranda
Head office in Quebec
Acquisition of an existing business or significant participation
What expenses are eligible under Rouyn-Noranda — FLI Succession?
Business succession and transfer projects
Acquisition of an existing business
Acquisition of a significant ownership stake in an existing business
Who can I contact for more information about the Rouyn-Noranda — FLI 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 Succession available?
The Rouyn-Noranda — FLI Succession program is available Abitibi-Témiscamingue, Quebec.