How much funding can be received?

Funds up to 1000000% of admissible expenses.

What is the deadline to apply?

The deadline to apply is not specified.

Who are the financial supporters of the Quebec Business Transfer Fund?

Quebec Business Transfer Fund is funded by Centre de tranfer d'entreprise du Québec (CTEQ)

What are Quebec Business Transfer Fund's eligibility criterias?

The company must be a Quebec business with its head office in Quebec. The majority of management and employees must reside in Quebec. All business activities, except real estate and agricultural land acquisition, are eligible.

Quebec Business Transfer Fund

Last Update: June 22, 2025

QC, Canada

Loan for buyers in Quebec

Quebec Business Transfer Fund at a glance

Eligible Funding

From $50,000 to $1,000,000

Timeline

Open Date : July 28, 2022

Financing Type

Expert Advice

Loans and Capital investments

Eligible Industries

All industries

Grant Providers

Centre de tranfer d'entreprise du Québec (CTEQ)

Status

Open

Overview of the Quebec Business Transfer Fund program

Get specific business transfer funding to promote entrepreneurial growth and succession of existing businesses.

Eligible projects & activities

Acquisition of a Quebec-based business through succession or transfer of ownership.
Facilitation of management buyouts or employee takeovers of an existing company.
Succession planning leading to the smooth transfer of business control from retiring owners to new entrepreneurs.
Partnership-driven purchases of existing enterprises by groups of eligible investors or releveurs.

Examples of admissible projects:

$ 366,666

Acquisition of a local art gallery by an art enthusiast

$ 266,666

Internal buyout of a family-run bookstore by next-generation family members

$ 666,666

Acquisition of a local bakery chain by a management team

$ 453,333

External buyout of a fitness center by a group of health enthusiasts

$ 1,000,000

Strategic acquisition of a logistics company by a group of investors

$ 500,000

Acquisition of an eco-friendly cleaning product manufacturer by a new entrepreneur

Eligibility criteria of the Quebec Business Transfer Fund program

The applicant company must be a Quebec-based business, with its head office located in Quebec.
The majority of company management and employees must reside in Quebec, and principal management and operational activities must be conducted in Quebec.
All sectors are eligible except real estate and agricultural land acquisition.
The project must involve a change of control in the company through a business transfer.
The transaction must involve the direct or indirect participation of Investissement Québec or Fonds de solidarité FTQ as a lender or investor.

Who is eligible?

Private or public corporations headquartered in Quebec
Limited partnerships headquartered in Quebec
Companies from all sectors except real estate
Companies from all sectors except agricultural land acquisition

Who is not eligible

Companies operating in the real estate sector.
Businesses involved in transactions for the acquisition of agricultural land.

Eligible expenses

Equity investments by the buyer (minimum $50,000) used as part of the business acquisition financing structure.
Loan amounts provided for the acquisition of a Quebec-based business, including principal and interest expenses as per loan agreement conditions.

Eligible geographic areas

Businesses located in Quebec

How to apply to the Quebec Business Transfer Fund program

Becoming aware of the eligibility criteria

Read in detail the conditions described by the Business Transfer Fund of Quebec to ensure that your case meets the requirements.

Preparation of the file

Identify the targeted Quebec company for the transfer.
Develop a detailed plan regarding the acquisition project and the future role in the company.
Calculate the personal contribution and verify its adequacy with the requirements of the Fund.
Gather the necessary documents which may include business plans, financial statements, and proof of initial funding.

Get in touch with the partner funds

Contact the Québec Economic Development Fund or the FTQ Solidarity Fund to obtain specific details about financing options.
Request their direct participation or through an affiliated company in your transaction.

Meeting with a representative of the Business Transfer Fund of Quebec

Organize a consultation to discuss the project with a professional from the Fund in order to guide the preparation and submission process of the application.

Submission of the request

Submit the complete acquisition file to the Fund administration.
Include all the forms and documents required by the application process.

Follow-up

Receive a confirmation of the receipt of your request.
Maintain contact with the Fund to track the progress of your file.

Additional information

The fund is supported by a total capital of $20 million, jointly provided by the Fonds du développement économique du Québec and the Fonds de solidarité FTQ.
Transfer transactions may involve internal family succession, management buyouts, external private acquisitions, or strategic investor acquisitions.
Beneficiaries receive access to expert guidance from seasoned partners to facilitate the business transfer process.
The fund aims to ensure business continuity and promote collective economic growth in Quebec through successful business transfers.