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MRC Maskinongé — Business Succession
Business succession support for entrepreneurs
Last Update: June 8, 2026
Funding available
$ 5,000
Timeline
- Open continuously
Location
Mauricie, Quebec, Canada
Overview
Business succession support for entrepreneurs using a local investment fund loan. It helps cover specialized services related to the purchase or transfer of a business, including due diligence, transfer agreement preparation, and professional advisory fees.
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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
Eligible Funding
- Maximum amount : 5,000 $
- Up to 50% of project cost
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- All industries
Location
- Maskinongé
- Mauricie
- Quebec
Legal structures
- For-profit business
- Sole proprietorship
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Rural or Northern Residents
- Canadians
- Youth (<40)
- Startups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Business takeover or transfer projects.
- Partial or full acquisition of an existing business.
Eligibility
Who is eligible?
- Entrepreneurs benefiting from an FLI loan.
- Business successors involved in a transfer project.
Who is not eligible
- Applicants not linked to an FLI-financed project.
- Successors who are not Canadian citizens or permanent residents, when not incorporated.
Eligible expenses
- Due diligence to determine fair market value.
- Preparation of the business transfer agreement.
- Professional fees for specialists such as accountants, lawyers, notaries, and HR experts.
Ineligible Costs and Activities
- Expenses incurred before the application is submitted.
Eligible geographic areas
- Maskinongé MRC.
- Quebec.
Selection criteria
- The acquisition project must have FLI financing from the MRC de Maskinongé.
- The target company must be legally incorporated and have an establishment in Quebec.
- The succession advisor must be qualified for this type of project.
How to apply
1
Contact an advisor
Contact Audrey Pichette, Rémi Gagnon, or Sandrine Renou to discuss your project and get advice on the application process.
2
Verification of eligibility criteria
Ensure that the company to be acquired is legally incorporated in Quebec and that the buyer is linked to a project funded by the FLI.
3
Preparation of the necessary documents
Gather all the necessary documents, including proof of obtaining an FLI loan, the required due diligence analyses, and evidence of professional fees.
4
Filling out the application form
Complete the application form available by contacting the advisors.
5
Submission of the application
Submit the completed form and all supporting documents to the relevant team (either by email or via the designated platform after contacting a advisor).
6
Follow-up on the request
Follow up on your request with the advisors for any information or additional details required.
Processing and Agreement
- The application is reviewed against the program rules and project conditions.
- If approved, the MRC pays the amount authorized by the FQM according to the stated terms.
Additional information
- The business being acquired must be legally incorporated under Quebec or Canadian law.
- If the successor is not incorporated, they must be a Canadian citizen or permanent resident.
- The professional used for due diligence must have the expertise to work on a business succession project.
Contacts
Frequently Asked Questions about the MRC Maskinongé — Business Succession Program
What is the MRC Maskinongé — Business Succession?
Business succession support for entrepreneurs using a local investment fund loan. It helps cover specialized services related to the purchase or transfer of a business, including due diligence, transfer agreement preparation, and professional advisory fees.
How much funding can be received?
MRC Maskinongé — Business Succession Funds up to 50% of admissible expenses, capped at $5,000 per project.
Who is eligible for the MRC Maskinongé — Business Succession program?
To be eligible for the MRC Maskinongé — Business Succession program, you must:
Linked to an FLI-financed project.
Business established in Quebec.
Qualified succession advisor required.
What expenses are eligible under MRC Maskinongé — Business Succession?
Business takeover or transfer projects.
Partial or full acquisition of an existing business.
Who can I contact for more information about the MRC Maskinongé — Business Succession?
You can contact MRC de Maskinongé (MRC) by email at jdesharnais@fqm.ca or by phone at 819 228-9461.
Where is the MRC Maskinongé — Business Succession available?
The MRC Maskinongé — Business Succession program is available Mauricie, Quebec.
Is the MRC Maskinongé — Business Succession a grant, loan, or tax credit?
MRC Maskinongé — Business Succession is a Other Support