How much funding can be received?

SADC Shawinigan — Transfer Strategy Fund Funds up to $50,000 of admissible expenses.

Who is eligible for the SADC Shawinigan — Transfer Strategy Fund program?

To be eligible for the SADC Shawinigan — Transfer Strategy Fund program, you must: Propose a business transfer project operating in the Shawinigan area. Ensure the long-term economic viability of the business. Have less than 200 employees.

Where is the SADC Shawinigan — Transfer Strategy Fund available?

The SADC Shawinigan — Transfer Strategy Fund program is available Mauricie, Quebec.

Is the SADC Shawinigan — Transfer Strategy Fund a grant, loan, or tax credit?

SADC Shawinigan — Transfer Strategy Fund is a Loans and Capital investments

Who are the financial supporters of the SADC Shawinigan — Transfer Strategy Fund?

SADC Shawinigan — Transfer Strategy Fund is funded by SADC Shawinigan

Open

SADC Shawinigan — Transfer Strategy Fund

Last Update: March 4, 2026

Shawinigan, Quebec, Canada

Business Transfer Fund offers loans for company ownership transitions

Loans and Capital investments

Overview

The Fonds Stratégie Transfert offers financial assistance in the form of loans up to a maximum of $50,000 to support entrepreneurs in business transfer projects. Eligible activities must take place in Shawinigan and demonstrate long-term economic viability and a potential market.

At a glance

Funding available

Financing goals

Reduce the ecological footprint
Renovate your business/factory

Eligible Funding

Maximum amount : 50,000 $
Minimum amount : 10,000 $

Timeline

Open continuously

Eligible candidates

Eligible Industries

All industries

Location

Shawinigan
Mauricie
Quebec

Legal structures

For-profit business
Sole proprietorship

Annual revenue

All revenue ranges

Organisation size

200 employees maximum

Audience

All groups

Eligibility

The eligibility criteria for the Fonds Stratégie Transfert are designed to ensure that applicants have a viable business plan and a strong presence in the Shawinigan area.

The project must involve a business transfer operation located in Shawinigan.
There must be a demonstration of long-term economic viability for the business.
The applicant should have relevant knowledge and experience in their field.
Applicants must have engaged in discussions with a financial institution.
A potential market for the business must be demonstrated.
The business must have fewer than 200 employees.

Eligible geographic areas

This grant is targeted towards businesses conducting operations specifically in the Shawinigan area. The eligibility is based on geographical proximity to enhance local business continuity and support.

Businesses operating within Shawinigan, Quebec.

How to apply

Verification of criteria

Propose a business transfer project to Shawinigan.
Check if your company has fewer than 200 employees.
Ensure that steps have been taken with a financial institution.

Preparation of the documentation

Ensure the long-term economic viability of the business.
Demonstrate relevant knowledge and experience in the field.
Provide evidence of the existence of a potential market.
Gather all required documents for analysis.

Fill out the online application

Download and fill out the online funding application form.

Submit the request

Submit the application form and all required documents electronically via the organization's portal.

Submission Confirmation

Check for the receipt of a confirmation email for your request.

Additional information

Here are additional relevant details for this grant:

Interest holiday is offered for the first two years, with a capital repayment moratorium for the first three months.
The interest rate is based on the Bank of Canada's prime rate, with an additional margin determined by the project specificities.
An accelerated processing option is available for existing businesses requesting $50,000 or less, subject to certain conditions, generally within two weeks.