Business Valuation and Succession Planning

The Business Valuation and Succession Planning program, offered by Community Business Development Corporations (CBDCs) in Newfoundland and Labrador, assists small businesses in rural communities with ownership transitions.
  • CBDC
Overview of the Business Valuation and Succession Planning program:

This initiative aims to support the successful transfer of businesses, which is vital for community development. CBDCs collaborate with professional valuators to provide accurate business valuations, helping owners determine appropriate sale prices and prepare for ownership transitions. Additionally, the program promotes available business opportunities to potential buyers across provincial, national, and international markets.

Benefits of the Business Valuation and Succession Planning program:
  • Financial assistance covering a significant portion of business valuation costs.
  • Access to professional valuation services to determine accurate business worth.
  • Promotion of business opportunities to a wide audience of potential buyers.
  • Support in ensuring smooth ownership transitions, contributing to community economic stability.
Eligibility criteria of the Business Valuation and Succession Planning program:
  • Eligible applicants must:
  • Be small businesses operating in a CBDC-governed region of Newfoundland and Labrador.
  • Be actively preparing to transfer ownership of the business.
  • Be in good standing with the Canada Revenue Agency (CRA), Atlantic Canada Opportunities Agency (ACOA), and the Government of Newfoundland and Labrador.
Request Funding Information

Related Funding Opportunities

Explore similar funding opportunities that match your goals.

Métis Women in Micro BusinessOPEN
  • Apeetogosan Metis Development
Marketing GrantOPEN
  • Creative Saskatchewan
Digital Economy ProgramOPEN
  • Digital Main St
Business Development - Term LoanOPEN
  • Economic Partners Sudbury East/West Nipissing Inc.

Other Grants and Funding by Region

More Grants and Funding by Industry

MARKETING INITIATIVESOPEN
  • Northern Development Initiative Trust (NDIT)
Celebration and Activity GrantOPEN
  • City of Chilliwack
Arts Project Fund - LargeOPEN
  • Government of Northwest Territories
Creative County Grant ProgramOPEN
  • County of Lambton
Grass Roots GrantOPEN
  • City of Chilliwack
Inuktut Versioning Fund for Existing ProgramsOPEN
  • Nunavut Film Development Corporation