
MRC Beaharnois-Salaberry — Company succession
Last Update: July 22, 2025
QC, Canada
Financial assistance for entrepreneurs acquiring Quebec businesses
At a glance
Eligible Funding
- Max. $15,000
- Up to 50% of project cost
Timeline
- Unspecified
Financing Type
Grant and Funding
Expert Advice
Eligible Industries
- All industries
Funds Providers
Unspecified
Program status
Open
Overview
The MRC Beauharnois-Salaberry Company Succession program provides up to $15,000 in financial assistance, covering a maximum of 50% of eligible costs. This grant supports entrepreneurs and business successors with specialized services such as due diligence, business transfer agreements, and professional fees related to the acquisition or succession of a legally constituted company in Quebec.
Financing terms and conditions
- Financial assistance covers up to 50% of the total eligible specialized service fees incurred.
- The maximum aid amount per beneficiary is $15,000, excluding taxes.
- Expenses incurred prior to the submission date of the financial aid application are not eligible.
Activities funded
- Acquisition of a business by entrepreneurs obtaining a local investment fund loan.
- Transfer of business ownership within families, to employees, or to external purchasers (including collective ownership transfers).
Eligibility
- The applicant must be an entrepreneur receiving financing from a Fonds local d’investissement (FLI) of an MRC or a municipality with MRC powers.
- The business to be acquired must be legally constituted under the laws of Quebec or Canada and have a physical establishment in Quebec.
- If the successor is not incorporated, they must be a Canadian citizen or permanent resident.
- The project must have obtained funding from the FLI of the relevant MRC or municipality, and can also be supported by the Fonds local de solidarité (FLS).
Who is eligible?
- Entrepreneurs interested in acquiring a legally constituted business in Quebec
- Family members, employees, or external buyers, including collective succession projects
Who is not eligible
- Businesses not legally constituted under the laws of Quebec or Canada.
- Companies without an establishment in Quebec.
- Entrepreneurs not linked to a project financed by a Fonds local d’investissement (FLI) or equivalent municipal fund.
- Applicants seeking funding for expenses incurred before the application is submitted.
- Projects attempting to accumulate public aid of the same nature for the same initiative.
Eligible expenses
- Costs for due diligence to determine the fair market value of a business.
- Preparation fees for the business succession agreement.
- Professional fees for specialists such as accountants, lawyers, notaries, or human resources experts involved in the business succession process.
Eligible geographic areas
- Companies located in Quebec.
How to apply
1
Verify eligibility requirements
- Confirm eligibility for the program (benefit from FLI financing and have a project to acquire a business in Quebec)
- Ensure the business to acquire is legally constituted in Quebec or Canada
- Verify that the acquirer meets citizenship or residency requirements, if not incorporated
2
Gather required documents
- Prepare required supporting documents (e.g., personal balance sheet, model)
- Gather additional documentation as requested by program administrators
3
Complete application form
- Complete the financial assistance application form
- Ensure no expenses are incurred before the application submission date
4
Submit application
- Submit the application and required documents to the program team
- Contact program representatives for support if needed
Additional information
- Public aid of the same nature from multiple sources for the same project will not be approved.
- The professional engaged for business verifications must have proven expertise relevant to business succession projects.
- The program provides a model personal balance sheet as a useful document for application preparation.
- Additional supporting documents may be requested by the program administrators during the application process.
Contacts
j.lepine@mrcbhs.ca
4503732214
Frequently Asked Questions about the MRC Beaharnois-Salaberry — Company succession Program
Here are answers to the most common questions about the MRC Beaharnois-Salaberry — Company 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 MRC Beaharnois-Salaberry — Company succession?
How much funding can be received?
What expenses are eligible under MRC Beaharnois-Salaberry — Company succession?
What is the deadline to apply?
Is the MRC Beaharnois-Salaberry — Company succession a grant, loan, or tax credit?
Who are the financial supporters of the MRC Beaharnois-Salaberry — Company succession?
Who is eligible for the MRC Beaharnois-Salaberry — Company succession program?
Who can I contact for more information about the MRC Beaharnois-Salaberry — Company succession?
Where is the MRC Beaharnois-Salaberry — Company succession available?
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