How much funding can be received?

Funds up to 50% of admissible expenses, capped at $15000 per project.

What is the deadline to apply?

The deadline to apply is not specified.

Who are the financial supporters of the MRC Beauce-Centre — Business succession?

MRC Beauce-Centre — Business succession is funded by MRC Beauce-Centre

What are MRC Beauce-Centre — Business succession's eligibility criterias?

The entrepreneur must be benefiting from a loan from a Local Investment Fund (FLI) of an MRC, or a municipality exercising MRC powers, to acquire a legally constituted business in Quebec. The business to be acquired must be legally constituted under Quebec or Canadian laws and have an establishment in Quebec. If the acquirer is not incorporated, they must be a Canadian citizen or permanent resident.

MRC Beauce-Centre — Business succession

Last Update: July 22, 2025

QC, Canada

Financial aid for entrepreneurs acquiring Quebec businesses

MRC Beauce-Centre — Business succession at a glance

Eligible Funding

Max. $15,000
Up to 50% of project cost

Timeline

Continuous Intakes

Financing Type

Grant and Funding

Eligible Industries

All industries

Grant Providers

MRC Beauce-Centre

Status

Open

Overview of the MRC Beauce-Centre — Business succession program

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.

Financing 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.

Eligible projects & activities

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.

Eligibility criteria of the MRC Beauce-Centre — Business succession program

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.

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.

Eligible geographic areas

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.

How to apply to the MRC Beauce-Centre — Business succession program

Validate eligibility

Contact Diane Pouliot to confirm your eligibility for the grant.
Email: diane.pouliot@bceconomique.com
Phone: 418 397-4354, extension 223

Prepare the application file

Gather all necessary documents demonstrating compliance with the grant criteria, such as proof of FLI funding.
Prepare the documents related to the business you intend to acquire, including legal documentation and valuation details.
Create a list of required professional services and obtain corresponding quotes if necessary.

Submission of the application

Submit your complete application file to the designated point of contact or according to the procedure provided by the funding source.

Response from the funding organization

Wait for confirmation or further instructions after submitting your application.
Respond promptly to any additional requests for information or documents.

Additional information

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.