Capital Relief Support
No specific amount was identified.
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.
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.
About the author
Maurice