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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 loan to support business succession in Bellechasse
MRC de Bellechasse (MRC)
Last Update: March 4, 2026
Funding available
$ 75,000
Timeline
  • Open continuously
Location
Chaudière-Appalaches, Quebec, Canada

Overview

The FLI Relève program is designed to facilitate business succession by offering interest-free loans up to $25,000 to entrepreneurs acquiring at least 25% of an existing business in Développement Économique Bellechasse (DÉB). Eligible activities include purchasing ownership stakes and covering professional fees related to the acquisition transaction.

/100
Opportunity Score
Moderate potential, but conditions must align.

At a glance

Funding available

Financing goals
  • Complete an acquisition or business transfer
Eligible Funding
  • Maximum amount : 75,000 $
  • Up to 25% of project cost
Timeline
  • Open continuously

Eligible candidates

Eligible Industries
  • All industries
Location
  • Bellechasse
  • Chaudière-Appalaches
  • Quebec
Legal structures
  • For-profit business
  • Social economy enterprise
Annual revenue
  • All revenue ranges
Organisation size
  • All organization sizes
Audience
  • Rural or Northern Residents
  • Youth (<40)
  • Startups

Next steps

1
Determine your project
2
Validate your eligibility

Activities funded

This grant facilitates the acquisition of significant ownership in existing businesses within the Bellechasse region, supporting business succession and economic continuity. The eligible projects focus on ownership transition and business acquisition activities.

  • Acquisition of voting shares or partnership interests in existing businesses.
  • Payment for professional services directly related to the acquisition transaction.

Eligibility

Who is eligible?

This grant is intended for entrepreneurs who plan to acquire a significant ownership of at least 25% in an existing business located within the territory served by Développement Économique Bellechasse (DÉB). The goal is to support the succession process in businesses where current owners are aging, ensuring the preservation of jobs and fostering business continuity through proper succession planning.

Eligible expenses

The grant covers expenses directly related to the acquisition of ownership in an existing business.

  • Expenses related to the acquisition of ownership interests (voting shares or equity) in the targeted business.
  • Professional service fees directly associated with the acquisition transaction.

Eligible geographic areas

This grant applies specifically to companies located in a designated geographic region to support local economic development.

  • Companies situated within the territory served by Développement Économique Bellechasse (DÉB).

Additional information

Here are additional relevant details for this grant:

  • The grant includes an interest-free loan component with a capital repayment holiday for the first year.
  • An additional loan amount may be available, but it will carry an interest rate.
  • The repayment period for the loan is a maximum of seven years from the signature date.

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)?

The FLI Relève program is designed to facilitate business succession by offering interest-free loans up to $25,000 to entrepreneurs acquiring at least 25% of an existing business in Développement Économique Bellechasse (DÉB). Eligible activities include purchasing ownership stakes and covering professional fees related to the acquisition transaction.

How much funding can be received?

MRC Bellechasse — Local Investment Fund - Succession Component (FLI Relève) Funds up to 25% 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: The applicant must intend to acquire at least 25% of the value of an existing business located in the Développement Économique Bellechasse (DÉB) territory. The acquisition should aim to support succession within businesses, ensuring the continuity and sustainability of operations. The business must be situated within the jurisdiction of Développement Économique Bellechasse (DÉB).

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

This grant facilitates the acquisition of significant ownership in existing businesses within the Bellechasse region, supporting business succession and economic continuity. The eligible projects focus on ownership transition and business acquisition activities. Acquisition of voting shares or partnership interests in existing businesses. Payment for professional services directly related to the acquisition transaction.

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).

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

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