MRC Bécancour — Local Investment Fund (FLI) - “Business to be acquired” component

Q: What is the deadline to apply?

The deadline to apply is not specified.

Q: 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: • Acquire 25% to 50% of a business's voting shares • Business must be registered under the Quebec Business Registry (REQ) • Applicant's equity investment must match the requested financial assistance

Q: Who can I contact for more information about the MRC Bécancour — Local Investment Fund (FLI) - “Business to be acquired” component?

You can contact MRC Bécancour.

Q: 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 the province of QC.

Last Update: August 6, 2025

QC, Canada

Supports business acquisitions through term loans for eligible sectors

At a glance

Eligible Funding

Max. $25,000
Up to 25% of project cost

Timeline

Unspecified

Financing Type

Loans and Capital investments

Eligible Industries

Manufacturing
Retail trade
Accommodation and food services
Other services (except public administration)
Public administration

Funds Providers

Unspecified

Program status

Open

Overview

The Fonds local d'investissement (FLI) - volet "entreprise à acquérir" provides a term loan of up to $25,000 to support the acquisition of 25% to 50% of voting shares in an existing Quebec-registered company. Eligible activities include purchases in the manufacturing, tertiary traditional, tourism, and agri-food sectors, along with professional service fees related to the acquisition.

Financing terms and conditions

Term loan up to a maximum of $25,000 per project.
Maximum loan duration of 84 months.
Principal-only monthly payments with 0% interest for the first two years.
Principal and interest monthly payments apply after the initial two-year interest-free period.

Activities funded

Acquisition of a significant ownership stake (25% to 50%) in an existing business in eligible sectors such as manufacturing, retail, services, tourism, or agri-food.
Formation of business partnerships or joint ventures to jointly acquire and manage a qualifying company.

Eligibility

The business must operate in the manufacturing, traditional tertiary (such as retail or services), tourism, or agri-food sectors.
The applicant must acquire between 25% and 50% of the voting shares of an existing business.
The business must be registered in the Quebec Enterprise Register (REQ).
The applicant’s cash investment must be at least equal to the amount of funding requested.

Who is eligible?

Manufacturing sector companies
Traditional tertiary sector businesses (retail, services, etc.)
Tourism sector businesses
Agri-food sector businesses

Who is not eligible

Primary agricultural sector businesses.
General construction contractors.

Eligible expenses

Purchase of voting shares (ownership titles) of the targeted company.
Professional service fees related to the acquisition transaction.

Eligible geographic areas

Businesses registered in the MRC Bécancour region of Quebec.

How to apply

Eligibility Assessment

Check if the business sector of the company is eligible (manufacturing, services, trade, tourism, agri-food).
Confirm that the company does not operate in non-eligible sectors (primary agriculture, general construction).
Conduct a diagnosis to assess the possibility of acquiring an existing company with a share of 25% to 50%.

Preparation of the documentation

Prepare the required documents proving registration in the Quebec Enterprise Register (REQ).
Organize the documents related to the capital contribution to match the amount of financial assistance requested.
Compile the documentation of professional service fees related to the acquisition transaction.

Financial arrangement

Develop a plan that integrates the assistance of the Local Investment Fund with financing from other financial partners.
Description of the terms and timelines of the term loan (up to $25,000, for a maximum of 84 months).

Submission of the application

Fill out the funding application form specific to this component of the FLI.
Attach any documentation and proof of compliance with the program requirements.
Submit the application via the organization's online portal or by mail according to the provided instructions.

Request Tracking

Regularly check the status of the request via the portal or contact the organization for updates.

Additional information

Financial assistance provided is always designed to complement funding from other financial partners.
The recipient must contribute a minimum equity amount equal to the financial aid requested.

Apply to this program

Frequently Asked Questions about the MRC Bécancour — Local Investment Fund (FLI) - “Business to be acquired” component Program

Here are answers to the most common questions about the MRC Bécancour — Local Investment Fund (FLI) - “Business to be acquired” component. 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.