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Source verified August 10, 2026
MRC Bellechasse — Local Investment Fund - Succession Component (FLI Relève)
Succession financing for Bellechasse entrepreneurs
Offered by
Funding available
$ 75,000
Deadline
Open continuously
Location
Chaudière-Appalaches, Quebec, Canada
Who can apply
Entrepreneurs seeking to acquire at least 25% of an existing company
See full eligibility
Overview
The Fonds local d'investissement - Volet relève of Développement Économique Bellechasse offers interest-free financing of up to $25,000, with an additional amount of up to $50,000 available with interest, for entrepreneurs in the territory served by DÉB. It supports planned succession through acquisition of at least 25% of an existing company.
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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
Funds Providers
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
- Canadians
- Youth (<40)
- Startups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Acquisition of a significant ownership stake of at least 25% in an existing company
- Planned business succession involving the transfer of management and ownership
Documents Needed
- Agreement linking the entrepreneur to the existing owner(s)
- Documents proving the entrepreneur’s rights of ownership in the company for at least 25% of its value
Eligibility
Who is eligible?
- Entrepreneurs seeking to acquire at least 25% of an existing company
Who is not eligible
- Simple business buyouts are not eligible for this stream
Eligible expenses
- Acquisition of ownership titles in the target company, including voting shares or units
- Professional fees directly related to the acquisition transaction
Ineligible Costs and Activities
- Expenses incurred before the official application is received by Développement Économique Bellechasse (DÉB)
- Regular operating expenses of a business or organization
- Debt servicing
- Repayment of future borrowings
- Financing a project that has already been completed
Eligible geographic areas
- Territory served by Développement Économique Bellechasse (DÉB)
Processing and Agreement
- Approved projects are subject to an agreement between Développement Économique Bellechasse (DÉB) and the entrepreneur
- The agreement must include the agreement with the existing owner(s) and proof of ownership rights for at least 25% of the company value
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.
Availability timeline
2026
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Other components of this program
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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)?
The Fonds local d'investissement - Volet relève of Développement Économique Bellechasse offers interest-free financing of up to $25,000, with an additional amount of up to $50,000 available with interest, for entrepreneurs in the territory served by DÉB. It supports planned succession through acquisition of at least 25% of an existing company.
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.
What is the deadline to apply?
The program is accepting continuous intake
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
Carry out a planned business succession
Operate on the territory served by Développement Économique Bellechasse (DÉB)
What expenses are eligible under MRC Bellechasse — Local Investment Fund - Succession Component (FLI Relève)?
Acquisition of a significant ownership stake of at least 25% in an existing company
Planned business succession involving the transfer of management and ownership
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