MRC Beauce-Centre — Business succession
QC, Canada
Financial aid for entrepreneurs acquiring Quebec businesses
grant_single|update January 24, 2025
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- grant_single|timelineUnspecified
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Grant and Funding
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- MRC Beauce-Centre
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grant_card_status|open
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The "Relève entreprise" grant offers financial assistance up to a maximum of $15,000 to entrepreneurs benefiting from a Fonds local d’investissement (FLI) loan to support the succession or transfer of businesses in the MRC Beauce-Centre. Eligible activities include due diligence for market value assessment, preparation of business transfer agreements, and professional fees for specialists involved in business succession projects.
grant_single_labels|terms_and_conditions
This grant offers financial assistance aimed at facilitating the acquisition or transfer of businesses in the MRC Beauce-Centre area by covering specific service costs. The financing modalities ensure support is provided for specialized services required during the business succession process.
- Co-financing covers up to 50% of the total costs incurred for eligible services, such as due diligence and preparation of business takeover agreements.
- A maximum financial assistance of $15,000 plus taxes is available per recipient, ensuring affordability of essential services during the business acquisition process.
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This grant provides financial assistance for entrepreneurs engaged in business succession or acquisition projects within the MRC Beauce-Centre. It supports specific activities related to the evaluation and legal acquisition processes of businesses.
- Conducting due diligence to determine the fair market value of a business.
- Preparation of the business acquisition agreement.
- Payment of professional fees for specialists involved in the business succession project, such as accountants, lawyers, notaries, or human resources experts.
grant_single_labels|admissibility
The eligibility for this grant is based on specific requirements related to the entrepreneur and the business to be acquired.
- The entrepreneur must benefit from financing by a Local Investment Fund (FLI) from an MRC or a municipality exercising MRC powers.
- The business to be acquired must be legally constituted in Quebec.
grant_eligibility_criteria|eligible_expenses
The grant covers specific expenses incurred in the process of acquiring a business through financial support for specialized services.
- Due diligence services to determine the fair market value of a business.
- Preparation of the business acquisition agreement.
- Professional fees for specialists such as accountants, lawyers, notaries, and human resource experts involved in the business succession project.
grant_eligibility_criteria|zone
This grant is specifically available to entrepreneurs benefiting from local investment fund (FLI) financing in specific regions of Quebec. Eligible locations are targeted to facilitate business succession or transfer within the MRC jurisdictions.
- MRC Beauce-Centre, Quebec.
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Here are additional relevant details for this grant:
- The aid will cover up to 50% of the eligible expenses, with a maximum of $15,000 plus taxes per beneficiary.
- The grant is specifically intended to aid in the acquisition process of a business, emphasizing diligence and professional advisory costs.
- The public aid for projects of a similar nature cannot be combined, to avoid overlapping financial support for the same initiative.
grant_single_labels|contact
diane.pouliot@bceconomique.com
Apply to this program
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