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Rouyn-Noranda — FQM Business Succession Program
Support for business succession professional services
Last Update: April 9, 2026
Funding available
$ 5,000
Timeline
- Open Date : October 6, 2025
Location
Rouyn-Noranda, Abitibi-Témiscamingue, Quebec, Canada
Overview
This program supports business succession by helping cover professional services linked to buying part or all of a business. It can fund due diligence, fair market value assessment, and succession agreement preparation, up to 50% of eligible costs and a maximum of $15,000 per beneficiary.
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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
- Open Date : October 6, 2025
Eligible candidates
Eligible Industries
- All industries
Location
- Rouyn-Noranda
- Abitibi-Témiscamingue
- Quebec
Legal structures
- Public or Parapublic institution
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 ownership transfer projects.
- Acquisition of part or all of a business.
- Family, employee, external, or collective business takeover projects.
Documents Needed
- Application form
Eligibility
Who is eligible?
- MRC development services.
- Delegated organizations of an MRC.
- Entrepreneurs supported by an FLI-backed succession project.
Who is not eligible
- Applicants without an FLI-supported succession project.
- Businesses without a legal constitution in Quebec or Canada.
- Repreneurs who are not Canadian citizens or permanent residents, when not incorporated.
Eligible expenses
- Due diligence to determine fair market value.
- Preparation of the business succession agreement.
- Professional fees for specialized advisors such as accountants, lawyers, notaries, and HR specialists.
Ineligible Costs and Activities
- Costs already covered by another non-repayable government aid program.
- Projects combining the same type of public aid for the same project.
Eligible geographic areas
- Quebec
Processing and Agreement
- Applications are reviewed monthly.
- The FQM sends an acknowledgment of receipt and may reserve an amount for the project.
- The reservation is time-limited before final approval.
- After final FQM approval, the MRC or delegated organization can pay the authorized amount.
Additional information
- Only one application is processed per company.
- Once the application is processed, no supporting documents can be added.
- Applications are reviewed monthly.
- Reserved funding is temporary and requires FQM approval before payment.
Contacts
Frequently Asked Questions about the Rouyn-Noranda — FQM Business Succession Program Program
Here are answers to the most common questions about the Rouyn-Noranda — FQM Business Succession Program. 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 — FQM Business Succession Program?
This program supports business succession by helping cover professional services linked to buying part or all of a business. It can fund due diligence, fair market value assessment, and succession agreement preparation, up to 50% of eligible costs and a maximum of $15,000 per beneficiary.
How much funding can be received?
Rouyn-Noranda — FQM Business Succession Program Funds up to 50% of admissible expenses, capped at $5,000 per project.
Who is eligible for the Rouyn-Noranda — FQM Business Succession Program program?
To be eligible for the Rouyn-Noranda — FQM Business Succession Program program, you must:
FLI-backed succession project.
Quebec-based legal business acquisition.
Qualified professional services required.
What expenses are eligible under Rouyn-Noranda — FQM Business Succession Program?
Business succession and ownership transfer projects.
Acquisition of part or all of a business.
Family, employee, external, or collective business takeover projects.
Who can I contact for more information about the Rouyn-Noranda — FQM Business Succession Program?
You can contact City of Rouyn-Noranda by email at none or by phone at none.
Where is the Rouyn-Noranda — FQM Business Succession Program available?
The Rouyn-Noranda — FQM Business Succession Program program is available Abitibi-Témiscamingue, Quebec.
Is the Rouyn-Noranda — FQM Business Succession Program a grant, loan, or tax credit?
Rouyn-Noranda — FQM Business Succession Program is a Grant and Funding