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MRC Rivière-du-Loup — Succession Fund
Financial support for business succession projects
Last Update: April 9, 2026
Funding available
$ 15,000
Timeline
- Open Date : September 1, 2023
- Closing date : December 31, 2023
Location
Riviere-du-Loup, Bas-Saint-Laurent, Quebec, Canada
Overview
This program provides non-repayable financial support for business succession in the MRC de Rivière-du-Loup. It supports transfer of company ownership and direction, with funding of up to 5% of project costs or $15,000, and must be combined with other CLD financing.
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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 : 15,000 $
- Up to 5% of project cost
Timeline
- Open Date : September 1, 2023
- Closing date : December 31, 2023
Eligible candidates
Eligible Industries
- All industries
Location
- Rivière-du-Loup
- Riviere-du-Loup
- Bas-Saint-Laurent
- Quebec
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Rural or Northern Residents
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Business succession projects involving the transfer of ownership and management of an existing company.
Eligibility
Who is eligible?
- Business buyers and project promoters undertaking a succession transfer.
Eligible geographic areas
- MRC de Rivière-du-Loup
Additional information
- The program provides additional capitalization to support business succession.
- It acts as financial leverage with other creditors.
- More information is available in the Fund’s investment policy on the CLD Rivière-du-Loup website.
Contacts
Frequently Asked Questions about the MRC Rivière-du-Loup — Succession Fund Program
Here are answers to the most common questions about the MRC Rivière-du-Loup — Succession Fund. 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 Rivière-du-Loup — Succession Fund?
This program provides non-repayable financial support for business succession in the MRC de Rivière-du-Loup. It supports transfer of company ownership and direction, with funding of up to 5% of project costs or $15,000, and must be combined with other CLD financing.
How much funding can be received?
MRC Rivière-du-Loup — Succession Fund Funds up to 5% of admissible expenses, capped at $15,000 per project.
What is the deadline to apply?
The application deadline for this grant program was December 31, 2023.
Who is eligible for the MRC Rivière-du-Loup — Succession Fund program?
To be eligible for the MRC Rivière-du-Loup — Succession Fund program, you must:
Business succession project.
At least 25% ownership acquisition.
Project located in MRC de Rivière-du-Loup.
What expenses are eligible under MRC Rivière-du-Loup — Succession Fund?
Business succession projects involving the transfer of ownership and management of an existing company.
Who can I contact for more information about the MRC Rivière-du-Loup — Succession Fund?
You can contact MRC Rivière-du-Loup by email at infos@cldrdl.com or by phone at 418 862-1823.
Where is the MRC Rivière-du-Loup — Succession Fund available?
The MRC Rivière-du-Loup — Succession Fund program is available Bas-Saint-Laurent, Quebec.