Closed
Source verified July 9, 2026
Funding for the next generation
Support for FLI-backed business transfers
Offered by
Funding available
$ 250,000
Deadline
Open continuously
Location
Quebec, Canada
Who can apply
Entrepreneurs benefiting from financing by a Fonds local d’investissement (FLI) of an MRC or a municipality exercising powers of MRC.
See full eligibility
Overview
RELÈVE ENTREPRISE supports entrepreneurs benefiting from FLI financing in Quebec to help acquire part or all of an existing business, with aid up to $5,000 per beneficiary before taxes. It funds due diligence, preparation of the transfer agreement, and professional fees for succession specialists.
/100
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 : 250,000 $
- Up to 50% of project cost
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- Quebec
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Due diligence to determine the fair market value of a business.
- Preparation of the business transfer agreement.
- Professional fees for specialists involved in a business succession project.
Documents Needed
- Completed and signed application form
- Proof of FLI financing for the project
- Supporting documents for the business succession transaction
Eligibility
Who is eligible?
- Entrepreneurs benefiting from financing by a Fonds local d’investissement (FLI) of an MRC or a municipality exercising powers of MRC.
- Family members, employees, external buyers, and collective succession groups.
Who is not eligible
- Applicants whose succession project is not financed by a local investment fund
- Businesses not legally incorporated in Quebec or Canada
Eligible expenses
- Due diligence to determine the fair market value of a business
- Preparation of the business transfer agreement
- Professional fees for succession specialists such as accountants, lawyers, notaries, and HR experts
Ineligible Costs and Activities
- Expenses incurred, whether paid or not, before the date of submission of the financial assistance request via the form.
Eligible geographic areas
- Quebec
Selection criteria
- The business to be acquired must be legally incorporated under Quebec or Canadian law and have an establishment in Quebec.
- If the successor is not incorporated, they must be a Canadian citizen or permanent resident.
- The project must already be financed by the local investment fund.
- The selected professional must have the expertise required for a business succession project.
How to apply
- Step 1: Complete the application form
- Provide the information requested for the financial aid application.
- Step 2: Submit the request through the MRC or municipal development service
- Send the application using the process provided by your local MRC or municipality.
- Step 3: Await the decision and payment
- The MRC or delegated organization pays the authorized amount according to the program terms.
Processing and Agreement
- The MRC or delegated organization pays the amount authorized by the FQM to the supported promoter according to the terms.
Additional information
- The FQM redeployed the program as of 6 October 2025.
Contacts
Frequently Asked Questions about the Funding for the next generation Program
What is the Funding for the next generation?
RELÈVE ENTREPRISE supports entrepreneurs benefiting from FLI financing in Quebec to help acquire part or all of an existing business, with aid up to $5,000 per beneficiary before taxes. It funds due diligence, preparation of the transfer agreement, and professional fees for succession specialists.
How much funding can be received?
Funding for the next generation Funds up to 50% of admissible expenses, capped at $250,000 per project.
Who is eligible for the Funding for the next generation program?
To be eligible for the Funding for the next generation program, you must:
The applicant must be an entrepreneur benefiting from financing by a Fonds local d’investissement (FLI) of an MRC or a municipality exercising powers of MRC.
The business to be acquired must be legally incorporated and established in Quebec.
If the successor is not incorporated, they must be a Canadian citizen or permanent resident.
What expenses are eligible under Funding for the next generation?
Due diligence to determine the fair market value of a business.
Preparation of the business transfer agreement.
Professional fees for specialists involved in a business succession project.
Who can I contact for more information about the Funding for the next generation?
You can contact CLD Rouyn-Noranda (CLDRN) by email at info@cldrn.ca or by phone at 8197620142.
Where is the Funding for the next generation available?
The Funding for the next generation program is available the province of Quebec.
Is the Funding for the next generation a grant, loan, or tax credit?
Funding for the next generation is a Grant and Funding