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MRC du Granit — Business Succession Program
Supports business succession through specialized financial assistance
Last Update: March 4, 2026
Funding available
$ 15,000
Timeline
- Open continuously
Location
Estrie, Quebec, Canada
Overview
The MRC du Granit — Business Succession Program provides financial assistance of up to $15,000 to entrepreneurs acquiring a business in Quebec. The program supports eligible activities such as due diligence, preparation of business succession agreements, and professional fees.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Reduce environmental footprint
Eligible Funding
- Maximum amount : 15,000 $
- Up to 50% of project cost
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- All industries
Location
- Le Granit
- Estrie
- 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
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Acquisition of a part or the entirety of a legally constituted business in Quebec by eligible entrepreneurs.
- Preparation of a business takeover agreement.
- Due diligence to determine the fair market value of a business.
- Professional fees for specialists such as accountants, lawyers, notaries, or HR experts involved in a business succession project.
Eligibility
Who is eligible?
The MRC du Granit Business Succession Program is available to entrepreneurs who are recipients of financing from a Fonds local d'investissement (FLI) of the MRC du Granit. Eligible candidates include those wishing to acquire a legally constituted company in Quebec. The program welcomes applicants who are family members, employees, external buyers, or involved in collective acquisition. In addition, entrepreneurs must either be Canadian citizens or permanent residents if not incorporated. Participants must be linked to an FLI-funded project, and the enterprise to be acquired should have a legal establishment within Quebec.
Eligible expenses
- Due diligence to determine the fair market value of a business.
- Preparation of the business acquisition agreement.
- Professional fees for specialists, including accountants, lawyers, notaries, and human resources experts.
Eligible geographic areas
- MRC du Granit, Quebec, Canada.
Additional information
- The entrepreneur must not have incurred or paid any expenses before submitting the application for financial aid, as these are not eligible for reimbursement.
- The maximum financial support available through the program is $15,000 per beneficiary, covering up to 50% of total eligible expenses, excluding taxes.
Contacts
Frequently Asked Questions about the MRC du Granit — Business Succession Program Program
Here are answers to the most common questions about the MRC du Granit — Business Succession Program. 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 du Granit — Business Succession Program?
The MRC du Granit — Business Succession Program provides financial assistance of up to $15,000 to entrepreneurs acquiring a business in Quebec. The program supports eligible activities such as due diligence, preparation of business succession agreements, and professional fees.
How much funding can be received?
MRC du Granit — Business Succession Program Funds up to 50% of admissible expenses, capped at $15,000 per project.
Who is eligible for the MRC du Granit — Business Succession Program program?
To be eligible for the MRC du Granit — Business Succession Program program, you must:
The entrepreneur must have obtained financing through a Fonds local d'investissement (FLI) of the MRC or municipality exercising MRC powers.
The business to be acquired must be legally incorporated under the laws of Quebec or Canada and must have an establishment in Quebec.
If the successor is not incorporated as a company, they must be a Canadian citizen or permanent resident.
What expenses are eligible under MRC du Granit — Business Succession Program?
Acquisition of a part or the entirety of a legally constituted business in Quebec by eligible entrepreneurs.
Preparation of a business takeover agreement.
Due diligence to determine the fair market value of a business.
Professional fees for specialists such as accountants, lawyers, notaries, or HR experts involved in a business succession project.
Who can I contact for more information about the MRC du Granit — Business Succession Program?
You can contact MRC du Granit (MRC) by email at info@mrcgranit.qc.ca or by phone at 819 583-0181.
Where is the MRC du Granit — Business Succession Program available?
The MRC du Granit — Business Succession Program program is available Estrie, Quebec.
Is the MRC du Granit — Business Succession Program a grant, loan, or tax credit?
MRC du Granit — Business Succession Program is a Grant and Funding