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MRC Bellechasse — Local Investment Fund - Succession Component (FLI Relève) - Quebec - Canada
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MRC Bellechasse — Local Investment Fund - Succession Component (FLI Relève)

Interest-free succession financing for businesses
Last Update: April 9, 2026
Funding available
$ 75,000
Timeline
  • Open continuously
Location
Chaudière-Appalaches, Quebec, Canada

Overview

An interest-free repayable loan supports business succession in Bellechasse. It helps entrepreneurs acquire a significant stake in an existing company and covers acquisition-related expenses.
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Opportunity Score
Moderate potential, but conditions must align.

At a glance

Funding available

Financing goals
  • Complete an acquisition or business transfer
  • Develop workforce skills
Eligible Funding
  • Maximum amount : 75,000 $
  • Up to 80% of project cost
Timeline
  • Open continuously

Eligible candidates

Eligible Industries
  • Manufacturing
  • Wholesale trade
  • Transportation and warehousing
  • Information and cultural industries
  • Professional, scientific and technical services
  • Administrative and support, waste management and remediation services
  • Arts, entertainment and recreation
  • Accommodation and food services
Location
  • Bellechasse
  • Chaudière-Appalaches
  • Quebec
Legal structures
  • For-profit business
  • Social economy enterprise
Annual revenue
  • All revenue ranges
Organisation size
  • All organization sizes
Audience
  • Canadians
  • Youth (<40)
  • Startups

Next Steps

1
Determine your project
2
Validate your eligibility

Activities funded

  • Business succession projects involving an existing company
  • Acquisition of a significant ownership stake in an existing business

Documents Needed

  • Loan application form and business plan
  • Proof of ownership rights in the company
  • Agreement with the current owner(s)
  • Supporting documents for the acquisition transaction
  • Financial documents requested by DÉB

Eligibility

Who is eligible?

  • Entrepreneurs seeking to acquire a significant stake in an existing company

Who is not eligible

  • Businesses outside the DÉB territory
  • Applicants not pursuing a planned business succession
  • Applicants seeking a simple business buyout without succession planning

Eligible expenses

  • Purchase of ownership shares or voting shares
  • Professional fees directly related to the acquisition

Eligible geographic areas

  • Territory served by Développement Économique Bellechasse (DÉB)

Processing and Agreement

  • Application is reviewed by DÉB
  • Project must meet the succession requirements
  • If approved, an agreement is signed with DÉB
  • Proof of ownership documents are attached to the agreement

Additional information

  • Managed by Développement Économique Bellechasse (DÉB).
  • The loan requires a first-year capital payment holiday.
  • Repayment is made over a maximum of seven years.

Other components of this program

Explore related funding streams and grants that belong to the same program.

Frequently Asked Questions about the MRC Bellechasse — Local Investment Fund - Succession Component (FLI Relève) Program

What is the MRC Bellechasse — Local Investment Fund - Succession Component (FLI Relève)?

An interest-free repayable loan supports business succession in Bellechasse. It helps entrepreneurs acquire a significant stake in an existing company and covers acquisition-related expenses.

How much funding can be received?

MRC Bellechasse — Local Investment Fund - Succession Component (FLI Relève) Funds up to 80% of admissible expenses, capped at $75,000 per project.

Who is eligible for the MRC Bellechasse — Local Investment Fund - Succession Component (FLI Relève) program?

To be eligible for the MRC Bellechasse — Local Investment Fund - Succession Component (FLI Relève) program, you must: Acquire at least 25% of an existing company Company must be in DÉB territory Project must support business succession

What expenses are eligible under MRC Bellechasse — Local Investment Fund - Succession Component (FLI Relève)?

Business succession projects involving an existing company Acquisition of a significant ownership stake in an existing business

Where is the MRC Bellechasse — Local Investment Fund - Succession Component (FLI Relève) available?

The MRC Bellechasse — Local Investment Fund - Succession Component (FLI Relève) program is available Chaudière-Appalaches, Quebec.

Is the MRC Bellechasse — Local Investment Fund - Succession Component (FLI Relève) a grant, loan, or tax credit?

MRC Bellechasse — Local Investment Fund - Succession Component (FLI Relève) is a Loans and Capital investments

Who are the financial supporters of the MRC Bellechasse — Local Investment Fund - Succession Component (FLI Relève)?

MRC Bellechasse — Local Investment Fund - Succession Component (FLI Relève) is funded by MRC de Bellechasse