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MRC Charlevoix - Local Investment Fund (FLI) and Local Solidarity Fund (FLS) - Quebec - Canada
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MRC Charlevoix - Local Investment Fund (FLI) and Local Solidarity Fund (FLS)

Financial support for business succession services
Last Update: June 8, 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 finance business succession services in Quebec. It covers due diligence, succession agreement preparation, and professional fees related to a takeover project.
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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 $
  • Up to 50% of project cost
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
  • Social economy enterprise
  • Sole proprietorship
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
  • Business succession planning

Documents Needed

  • Completed, dated, and signed application form
  • Business plan or detailed project description
  • Detailed breakdown of project expenses
  • Financial statements for the last three years
  • Projected financial statements

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
  • Public funding of the same nature for the same project

Eligible geographic areas

  • Quebec
  • MRC of Charlevoix

Processing and Agreement

  • The MRC handles admissibility, analysis, and decision-making.
  • Applications are processed as documents and information are received.
  • Applicants must provide all required documents before review.
  • Any support is granted according to the program’s terms and conditions.

Additional information

  • Applications are reviewed continuously once complete.
  • The MRC handles admissibility, analysis, and decision-making.
  • The program is part of the MRC de Charlevoix FLI/FLS investment policy.

Other components of this program

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

Frequently Asked Questions about the MRC Charlevoix - Local Investment Fund (FLI) and Local Solidarity Fund (FLS) Program

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 finance business succession services in Quebec. It covers due diligence, succession agreement preparation, and professional fees related to a takeover project.

How much funding can be received?

MRC Charlevoix - Local Investment Fund (FLI) and Local Solidarity Fund (FLS) Funds up to 50% of admissible expenses, capped at $225,000 per project.

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 linked to an FLI-financed project. Business must be legal and based in Quebec. Qualified professional required 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 Business succession planning

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 (MRC)