Through certain of our partner funds, CRCD enables entrepreneurs to draw on capital earmarked directly for individuals with entrepreneurial projects. The capital granted to these entrepreneurs is intended primarily to double their investment, create leverage, purchase shares or support any growth project.
Financing for entrepreneursBack to homepage
For business transfers financed by CRCD’s ecosystem, Fonds Relève Québec offers successors attractive financing by doubling their personal investment through the financing package for their business.
It makes Fonds Relève Québec a good fit for new entrepreneurs who want to get into business and provides tailored financial support for business transfers. That means that once a business’ project is accepted, successors can personally access additional capital in the form of loans to invest in the share capital of the business.
Fonds Prêt à Entreprendre provides economic leverage for new entrepreneurs who want to set themselves up in business. Selected entrepreneurs will receive a loan on trust – unsecured and interest free – that must generate financial leverage of at least five times the amount from the other sources of financing for their business project.
Drive is a valuable trait in a new entrepreneur, but it’s no guarantee of success for a young business. To support entrepreneurs in their areas of expertise, Prêt à Entreprendre also provides the necessary tools every step of the way through expert mentoring and coaching programs.
To learn more: www.pretaentreprendre.com
Fonds d’investissement pour la relève agricole’s (FIRA) mission is to provide support for upcoming farm successors. In collaboration with CRCD, FIRA supports farming startup, expansion or business transfer projects through custom tailored loans or farmland rental agreements.
Among other things, entrepreneurs who receive financial support from FIRA can purchase units or assets of an agricultural business, such as equipment, buildings, farmland, quotas or an entire agricultural operation.
If you’re thinking about land rental, FIRA can purchase land for rental to young producers, which allows you to improve your financial structure through the first few years and then buy the land when the time is ripe.
To learn more: www.lefira.com