Open
Last Update: April 9, 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 $
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.
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
Here are answers to the most common questions about the MRC Maskinongé — Business Succession. 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 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 $5,000 of admissible expenses.
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 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