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MRC Bécancour — Local Investment Fund (FLI) - “Business to be acquired” component
Financing for business acquisition projects
Offered by
MRC Bécancour
Record updated
- Funding available
- $ 25,000
- Deadline
- Open continuously
- Location
- Quebec, Canada
Overview
This program offers a term loan of up to $25,000 to support the acquisition of an existing business. It helps finance voting shares and professional fees related to the acquisition transaction.
At a glance
Funding available
- Maximum funding
- $25,000
- Complete an acquisition or business transfer
Eligible candidates
- Location
- Bécancour
- Centre-du-Québec
- Quebec
- Eligible Industries
- All industries
- Annual revenue
- All revenue ranges
- Organisation size
- All organization sizes
- Audience
- All groups
- Legal structures
- For-profit business
Start applying for this program
Take a practical assessment to gain a clear understanding of how well this program aligns with your specific needs and long-term goals.
Availability timeline
2026
Periods: 1
Eligibility
Who is eligible?
- Businesses in manufacturing
- Businesses in retail and other traditional services
- Tourism businesses
- Agri-food businesses
Who is not eligible
- Primary agriculture businesses
- General contractors in construction
Eligible expenses
- Voting shares of the target business
- Professional fees related to the acquisition transaction
Eligible geographic areas
- MRC Bécancour
Activities funded
- Acquisition of an existing business
- Business succession or transfer projects
How to apply
- Step 1
- Work on the business model for the acquisition project.
- Validate the project’s feasibility and financial viability.
- Step 2
- Plan the financial structure of the project.
- List direct and indirect costs.
- Step 3
- Search for financing and document the project.
- Seek support from the MRC Bécancour team to prepare the file.
- Step 4
- Develop promotion and marketing strategies for the future business.
Additional information
- This support is complementary to other financial partners.
- The financing is a term loan.
- The MRC Bécancour team can help structure the file and connect applicants with partners.
Frequently Asked Questions about the MRC Bécancour — Local Investment Fund (FLI) - “Business to be acquired” component Program
What is the MRC Bécancour — Local Investment Fund (FLI) - “Business to be acquired” component?
This program offers a term loan of up to $25,000 to support the acquisition of an existing business. It helps finance voting shares and professional fees related to the acquisition transaction.
How much funding can be received?
MRC Bécancour — Local Investment Fund (FLI) - “Business to be acquired” component Funds up to $25,000 of admissible expenses.
What is the deadline to apply?
The program is accepting continuous intake
Who is eligible for the MRC Bécancour — Local Investment Fund (FLI) - “Business to be acquired” component program?
To be eligible for the MRC Bécancour — Local Investment Fund (FLI) - “Business to be acquired” component program, you must:
Existing Quebec-registered business
Acquisition of 25% to 50% of voting shares
Minimum equity equal to aid requested
What expenses are eligible under MRC Bécancour — Local Investment Fund (FLI) - “Business to be acquired” component?
Voting shares of the target business
Professional fees related to the acquisition transaction
Where is the MRC Bécancour — Local Investment Fund (FLI) - “Business to be acquired” component available?
The MRC Bécancour — Local Investment Fund (FLI) - “Business to be acquired” component program is available Centre-du-Québec, Quebec.
Is the MRC Bécancour — Local Investment Fund (FLI) - “Business to be acquired” component a grant, loan, or tax credit?
MRC Bécancour — Local Investment Fund (FLI) - “Business to be acquired” component is a Loans and Capital investments