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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.
Contacts
Frequently Asked Questions about the MRC Bellechasse — Local Investment Fund - Succession Component (FLI Relève) Program
Here are answers to the most common questions about the MRC Bellechasse — Local Investment Fund - Succession Component (FLI Relève). 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.
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
Who can I contact for more information about the MRC Bellechasse — Local Investment Fund - Succession Component (FLI Relève)?
You can contact MRC de Bellechasse (MRC) by email at none or by phone at none.
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