Capital Relief Support

Amount:

No specific amount was identified.

Type:

Grant, Loan, Investment

Description:

In order to improve the chances of success of a new agricultural business, this financial product offers a capital payment holiday that can be spread over up to five years.

Comments on Funding:

In fact, Appui Capital Relève aims to reduce the pressure on your company’s liquidity during its transfer or start-up.

The amount of capital payment holiday is determined according to certain parameters linked to your project.

Deadline:

Applications are accepted on an ongoing basis.

Eligibility:

You can qualify your company for our Support Capital Succession product if you meet the following criteria in particular:

be domiciled in Quebec;
be 18 years of age or older, but not yet 40 years of age;
hold at least 20% of the company’s shares;
have at least one year of relevant experience in agriculture;
have a project to start or establish a business with prospects of profitability.

Application Steps:

Contact an advisor at your service center to make an appointment.

Forms and documents
To facilitate the analysis of your project, bring your business plan .

Documentation Needed:

Business Plan

Other Things to Note:

The amount of capital payment holiday is determined according to certain parameters linked to your project.

Link Guide:

Maurice

About the author

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Canada to identify and maximize funding to grow their business.

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