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Rouyn-Noranda — FLI Succession

Financing for business succession in Rouyn-Noranda
Last Update: April 9, 2026
Funding available
$ 250,000
Timeline
  • 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 $
Timeline
  • Open continuously

Eligible candidates

Eligible Industries
  • Agriculture, forestry, fishing and hunting
  • Manufacturing
  • Retail trade
  • Accommodation and food services
  • Other services (except public administration)
  • Public administration
Location
  • Rouyn-Noranda
  • Abitibi-Témiscamingue
  • Quebec
Legal structures
  • For-profit business
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

  • 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

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

Frequently Asked Questions about the Rouyn-Noranda — FLI Succession Program

Here are answers to the most common questions about the Rouyn-Noranda — FLI 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 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.

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 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.

Is the Rouyn-Noranda — FLI Succession a grant, loan, or tax credit?

Rouyn-Noranda — FLI Succession is a Loans and Capital investments