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MRC Maskinongé — Business Succession

Q: How much funding can be received?

MRC Maskinongé — Business Succession Funds up to 50% of admissible expenses, capped at $15,000 per project.

Q: Who is eligible for the MRC Maskinongé — Business Succession program?

To be eligible for the MRC Maskinongé — Business Succession program, you must: The business to be acquired must be legally constituted under the laws of Quebec or Canada and have a location in Quebec. If the successor is not incorporated, they must be a Canadian citizen or permanent resident. The successor must be linked to a project funded by the Fonds local d'investissement (FLI) of MRC Maskinongé, and cannot receive cumulative public support of a similar nature for the same project.

Q: What expenses are eligible under MRC Maskinongé — Business Succession?

The MRC Maskinongé Business Succession grant supports entrepreneurs in acquiring or transferring businesses in the region by covering certain professional services related to the business succession process. Conducting due diligence to determine the fair market value of a business. Preparation of the business transfer agreement. Professional fees for specialists such as accountants, lawyers, notaries, or human resource experts involved in the business succession project.

Q: Where is the MRC Maskinongé — Business Succession available?

The MRC Maskinongé — Business Succession program is available Mauricie, Quebec.

Q: Is the MRC Maskinongé — Business Succession a grant, loan, or tax credit?

MRC Maskinongé — Business Succession is a Grant and Funding

Q: Who are the financial supporters of the MRC Maskinongé — Business Succession?

MRC Maskinongé — Business Succession is funded by MRC de Maskinongé

Last Update: March 4, 2026

Quebec, Canada

Financial aid for regional business succession support

Grant and Funding

Expert Advice

Overview

The "Relève Entreprise" program provides financial assistance to entrepreneurs with a maximum funding amount of $15,000, covering up to 50% of the costs. Its purpose is to support the acquisition or transfer of businesses in the region by financing activities such as due diligence, preparation of business transfer agreements, and professional fees for experts involved in business succession projects.

At a glance

Funding available

Financing goals

Reduce the ecological footprint

Eligible Funding

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

Timeline

Open Date : January 1, 2020

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

Activities funded

Conducting due diligence to determine the fair market value of a business.
Preparation of the business transfer agreement.
Professional fees for specialists such as accountants, lawyers, notaries, or human resource experts involved in the business succession project.

Eligibility

The eligibility for this grant is subject to specific criteria related to the acquisition or transfer of a business in Quebec.

The business to be acquired must be legally constituted under the laws of Quebec or Canada and must have an establishment in Quebec.
If the acquirer is not incorporated, they must be a Canadian citizen or permanent resident.
The acquirer must be associated with a project that has obtained financing from the Fonds local d’investissement (FLI) of the MRC de Maskinongé, and the project could also be supported by the Fonds local de solidarité (FLS). The accumulation of similar public assistance for the same project will be refused.
The professional engaged for company verifications must have expertise that qualifies them to intervene in a business succession project.

Eligible expenses

The grant covers expenses related to acquiring services for business succession.

Diligence verification to determine the fair market value of a business.
Preparation of the business acquisition agreement.
Professional fees for specialists such as accountants, lawyers, notaries, and human resources specialists who have the expertise to intervene in a business succession project.

Eligible geographic areas

This grant is available to businesses located within Quebec, Canada. The eligibility is specific to businesses with a legal establishment in this province to encourage local economic development.

Companies legally constituted under the laws of Quebec, Canada.
Businesses with an establishment located in Quebec.

How to apply

Contact an advisor

Contact Audrey Pichette, Rémi Gagnon, or Sandrine Renou to discuss your project and get advice on the application process.

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.

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.

Filling out the application form

Complete the application form available by contacting the advisors.

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).

Follow-up on the request

Follow up on your request with the advisors for any information or additional details required.

Additional information

Here are additional relevant details for this grant:

Assistance is aimed at entrepreneurs seeking to acquire or transfer businesses within the region, suggesting a regional focus for the program.
Professional fees covered must pertain to direct involvement in business succession projects, ensuring targeted expertise utilization.
Contact details are provided for direct consultation with development advisors, enhancing the support available to applicants.
Applications must consider the timeframe, as any expenses incurred prior to submitting a financial aid request are deemed ineligible.

Apply to this program

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?

How much funding can be received?

Who is eligible for the MRC Maskinongé — Business Succession program?

To be eligible for the MRC Maskinongé — Business Succession program, you must: The business to be acquired must be legally constituted under the laws of Quebec or Canada and have a location in Quebec. If the successor is not incorporated, they must be a Canadian citizen or permanent resident. The successor must be linked to a project funded by the Fonds local d'investissement (FLI) of MRC Maskinongé, and cannot receive cumulative public support of a similar nature for the same project.

What expenses are eligible under MRC Maskinongé — Business Succession?

The MRC Maskinongé Business Succession grant supports entrepreneurs in acquiring or transferring businesses in the region by covering certain professional services related to the business succession process. Conducting due diligence to determine the fair market value of a business. Preparation of the business transfer agreement. Professional fees for specialists such as accountants, lawyers, notaries, or human resource experts involved in the business succession project.