Open

MRC du Granit — Business Succession Program

Q: 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.

Q: 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.

Q: Where is the MRC du Granit — Business Succession Program available?

The MRC du Granit — Business Succession Program program is available Estrie, Quebec.

Q: 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

Last Update: March 4, 2026

Quebec, Canada

Supports business succession through specialized financial assistance

Grant and Funding

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.

At a glance

Funding available

Financing goals

Reduce the ecological footprint

Eligible Funding

Maximum amount : 15,000 $
Up to 50% of project cost

Timeline

Unspecified

Eligible candidates

Eligible Industries

All industries

Location

Le Granit
Estrie
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

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

The entrepreneur must benefit from financing through a Fonds local d'investissement (FLI) of the MRC or a municipality exercising MRC powers.
The intention is to acquire a legally constituted company in Quebec.
The company to be acquired must be legally constituted under the laws of the Government of Quebec or Canada and have an establishment in Quebec.
If the acquirer is not incorporated, they must be a Canadian citizen or permanent resident.
The project could also be supported by the Fonds local de solidarité (FLS); however, the accumulation of similar public assistance for the same project is not allowed.
The involved professional for company verifications must have expertise enabling them to contribute to a business succession project.

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.

How to apply

Verification of eligibility criteria

Make sure that the company to be taken over is legally established in Quebec.
Verify that you are a beneficiary of funding from a Local Investment Fund (FLI).

Preparation of the necessary documentation

Gather the legal documents proving the establishment of the company.
Prepare a detailed description of the takeover project including the specialized services required.

Search for professional partners

Identify and contact qualified professionals in due diligence, accounting, law, or human resources for your project.

Submission of the request

Fill out the financial assistance application form.
Ensure that all expenses to be covered are after the date of submission of the form.
Send the complete application to the MRC du Granit or to the delegated organization.

Contact and follow-up

Contact the MRC du Granit for any questions or additional information.
Make sure to have the contact details to follow up on your request.

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

info@mrcgranit.qc.ca

819 583-0181

Apply to this program

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?

How much funding can be received?

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.