Accès Experts

By mmuise
Description:

Accès Experts offers a grant to entrepreneurs in need of an expert to facilitate the sale or purchase of their business. Available funding can go up to $7,500 for sellers and $12,500 for buyers.


Comments on Funding:

Funding is a grant of up to $7,500 for sellers and $12,500 for buyers.

Deadline: Applications are closed. Stay tuned for future intake announcements.
Eligibility:

Transferring applicant eligibility:

  • The transferor is a client of the CTEQ.
  • The transferor holds 50% or more of the shareholding of the transferred business or represents a group of shareholders that holds 50% or more of the shareholding.
  • The transferor has a transfer objective within 0 to 2 years and/or has identified a buyer.
  • The transferor undertakes, when completing his request, to respond to a financial aid impact study.
    Buyer applicant eligibility:
  • The buyer is a client of the CTEQ.
  • The transferee is a Canadian citizen or permanent resident; OR, If the transferee is constituted as a corporation, it is incorporated under the laws of the government of Quebec or Canada and has at least one establishment in Quebec.
  • The buyer has received subsidies from the fund in a maximum of 1 other transaction project from a different company (maximum of 2 subsidized projects for the same buyer).
  • The buyer agrees to keep the head office of the acquired company in Quebec for the year following the date of signature of the acquisition agreement.
  • The buyer aims to acquire 50% or more of the company's shareholding within 2 years.
  • The buyer agrees, when completing his request, to respond to a financial aid impact study.

    Conditions specific to the transferred business:
  • The company is legally incorporated under the laws of the government of Quebec or Canada and has at least one establishment in Quebec.
  • The company generates at least 60% of its turnover in one of the sectors of activity prioritized by the MEIE, accessible under this link .
  • The company has achieved a turnover of $1M and/or has paid a salary to at least 10 employees during at least one of its last three financial years.
  • The company is not registered in the Register of companies ineligible for public contracts (RENA).
  • The company does not go against government policies regarding violence, sexism, pornography, discrimination or any other important ethical issue.
Application Steps:

-

Documentation Needed:

-

Other Things to Note:

Notice: We would like to inform you that we are currently no longer able to accept new applications for the Expert Access program. This decision was made due to the temporary depletion of funds dedicated to this program.

About the author
mmuise