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MRC Charlevoix - Local Investment Fund (FLI) and Local Solidarity Fund (FLS)
Financial support for business succession projects
Last Update: April 9, 2026
Funding available
$ 225,000
Timeline
- Open continuously
Location
Capitale-Nationale, Quebec, Canada
Overview
This program provides financial support of up to $15,000 to help entrepreneurs carry out a business transfer in Quebec. It covers specialized services such as due diligence, succession agreement preparation, and professional fees related to the takeover.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Increase production or service capacity
- Increase operational productivity
Eligible Funding
- Maximum amount : 225,000 $
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- Agriculture, forestry, fishing and hunting
- Construction
- Manufacturing
- Retail trade
- Professional, scientific and technical services
- Accommodation and food services
- Other services (except public administration)
- Public administration
Location
- Charlevoix
- Capitale-Nationale
- Quebec
Legal structures
- For-profit business
- Sole proprietorship
- Social economy enterprise
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Rural or Northern Residents
- Canadians
- Startups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Business acquisition or transfer
- Partial or full takeover of an existing business in Quebec
- Succession planning for a business transfer
Documents Needed
- Application form
- Business plan
- Supporting documents for the business transfer project
Eligibility
Who is eligible?
- Entrepreneurs receiving FLI financing from an MRC or a municipality with MRC powers
- Family buyers, employees, external buyers, and collective takeover groups
Who is not eligible
- Buyers not linked to an FLI-financed project
- Applicants for projects without a business transfer in Quebec
- Projects with stacked public funding of the same nature
Eligible expenses
- Due diligence to determine the fair market value of the business
- Preparation of the business succession agreement
- Professional fees for qualified specialists such as accountants, lawyers, notaries, or HR experts
Ineligible Costs and Activities
- Expenses incurred before the application is submitted
- Costs above the 50% funding limit
- Amounts above the $15,000 maximum per beneficiary
Eligible geographic areas
- Quebec
Processing and Agreement
- The application is reviewed by the MRC or delegated organization.
- If approved, the authorized amount is paid according to the program terms.
- Applicants must follow the conditions set by the funding authority.
Additional information
- The program supports business succession and enterprise transfer.
- The supported professional must have the expertise needed for a business succession project.
- The business transfer must be tied to an FLI-funded project from the MRC or a municipality with MRC powers.
- Public funding of the same nature cannot be stacked for the same project.
Frequently Asked Questions about the MRC Charlevoix - Local Investment Fund (FLI) and Local Solidarity Fund (FLS) Program
Here are answers to the most common questions about the MRC Charlevoix - Local Investment Fund (FLI) and Local Solidarity Fund (FLS). 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 Charlevoix - Local Investment Fund (FLI) and Local Solidarity Fund (FLS)?
This program provides financial support of up to $15,000 to help entrepreneurs carry out a business transfer in Quebec. It covers specialized services such as due diligence, succession agreement preparation, and professional fees related to the takeover.
How much funding can be received?
MRC Charlevoix - Local Investment Fund (FLI) and Local Solidarity Fund (FLS) Funds up to $225,000 of admissible expenses.
Who is eligible for the MRC Charlevoix - Local Investment Fund (FLI) and Local Solidarity Fund (FLS) program?
To be eligible for the MRC Charlevoix - Local Investment Fund (FLI) and Local Solidarity Fund (FLS) program, you must:
Buyer tied to an FLI-backed project.
Target business must be legal and based in Quebec.
Professional support must be qualified for succession work.
What expenses are eligible under MRC Charlevoix - Local Investment Fund (FLI) and Local Solidarity Fund (FLS)?
Business acquisition or transfer
Partial or full takeover of an existing business in Quebec
Succession planning for a business transfer
Where is the MRC Charlevoix - Local Investment Fund (FLI) and Local Solidarity Fund (FLS) available?
The MRC Charlevoix - Local Investment Fund (FLI) and Local Solidarity Fund (FLS) program is available Capitale-Nationale, Quebec.
Is the MRC Charlevoix - Local Investment Fund (FLI) and Local Solidarity Fund (FLS) a grant, loan, or tax credit?
MRC Charlevoix - Local Investment Fund (FLI) and Local Solidarity Fund (FLS) is a Partnering and Collaboration
Who are the financial supporters of the MRC Charlevoix - Local Investment Fund (FLI) and Local Solidarity Fund (FLS)?
MRC Charlevoix - Local Investment Fund (FLI) and Local Solidarity Fund (FLS) is funded by MRC Charlevoix